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Dear Sir,<br />
Greetings!<br />
V-LIFT APRIL-JUNE 2011<br />
M.R.V. Johnson<br />
Head – Sales & Marketing<br />
<strong>Voltas</strong> Material Handling Private Limited<br />
<strong>Voltas</strong> Limited,Unit III,<br />
Second Pokhran Road,<br />
Thane West, Maharashtra<br />
India 400 601<br />
Phone: +91 22 67920221<br />
Fax: +91 22 67920164<br />
E-Mail: mrv.johnson@voltas-mh.com<br />
Web Page :www.voltas-mh.com<br />
Date: 06th May 2011<br />
You would be aware of the fact that recently, <strong>Voltas</strong> – Material Handling Business Division & KION Group GmbH have decided to<br />
strategically integrate into a new Joint Venture Company in India for the future of the growing Indian Market. This New JV Company will<br />
specifically focus on designing, manufacturing, sales and servicing of <strong>Voltas</strong> Make Counterbalanced Forklifts, Warehousing<br />
Equipments, Material Handling Systems & Solutions. This New JV company has been rechristened as “<strong>Voltas</strong> Material Handling Private<br />
Limited (V<strong>MH</strong>PL)“ and has commenced operations during this week. All required statutory approvals from the Govt. authorities have<br />
been obtained. V<strong>MH</strong>PL has already started manufacturing new machines from Pune Plant, in addition to the existing Manufacturing<br />
Main Plant at Thane.<br />
You also would be aware of the fact that KION Group GmbH, is the holding company of many of the Global reputed brands of<br />
Counterbalanced Forklifts & Warehousing Equipments such as LINDE,STILL,OM, FENWICK & BAOLI. The KION Group is the world's<br />
largest pure player in Material Handling Solutions, with an Annual Turnover of more than Rs.20,000 Crores. The Group has factories in<br />
Europe, Americas & China and their sales and service network extends to more than 100 countries. With its unrivalled know-how and<br />
technological leadership, KION Group sets the benchmark for quality and performance in global arena. The combined strength of <strong>Voltas</strong>'<br />
forty five year old Indian material handling market network & expertise with KION Group's technology back up shall be the ideal<br />
launch pad for this New JV Company to take off.<br />
V<strong>MH</strong>PL will continue to manufacture the existing complete range of Counterbalanced Forklifts & Warehousing Equipments as per Market<br />
requirements. Improvements in the above products shall be made as an ongoing process, which will be market driven, keeping the<br />
customer in focus. Further, V<strong>MH</strong>PL shall also make substantial investments in R&D, Manufacturing, Training, Sales & Service<br />
Distribution network. All the employees and dealers who are currently associated with you for Sales & Service requirements of your<br />
<strong>Voltas</strong> Material Handling Equipments in <strong>Voltas</strong> <strong>MH</strong>BD, shall continue to interact with you and deal now as part of the New JV Company -<br />
V<strong>MH</strong>PL. Needless to say, all contracts and service arrangements currently in force with <strong>Voltas</strong> will continue as before. Each and every<br />
commitment provided by <strong>Voltas</strong> <strong>MH</strong>BD, shall continue to be fulfilled by the new JV Company V<strong>MH</strong>PL. In short, it will be business as usual<br />
for customers without any interruptions.<br />
As a valued customer, you can look forward to exciting experience on <strong>Voltas</strong> Products and its Services, bearing the global inputs from<br />
KION Group on Technology, Supply Chain & After Sales processes. V<strong>MH</strong>PL plans to invest in building an even stronger Sales & Service<br />
Organization of dealers & branches with extensive network to provide better customer support in the shortest response times. We are<br />
confident that the above new arrangement and the New JV Company, V<strong>MH</strong>PL shall be of new value to your current and future core<br />
business, and we look forward to have an even stronger relationship with you. Please do write to us, in case of any further queries. We<br />
would be pleased to provide you any further information, you require.<br />
Yours sincerely,<br />
For <strong>Voltas</strong> Material Handling Private Limited<br />
M.R.V.JOHNSON<br />
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