Future-oriented cooperation between the Kumar Group and Siempelkamp
Since spring 2020, representatives of the Kumar Group have been in contact with experts from the Siempelkamp Group to discuss potential future projects with a main focus on ecology, sustainability, and partnership.
Both sides see future-oriented and promising approaches and, despite the challenges posed by travel restrictions due to COVID-19, were able to develop the joint project into a concrete basis for cooperation.
On July 8, 2020, a first cooperation agreement for a project in India has been signed, which both parties will now start with a feasibility study.
Both Kumar and Siempelkamp see considerable potential in the Indian market. The focus will lie on the area of "Green Products" by combining resource-saving production processes with high product quality - exactly what demanding customers expect today.
At the same time, entire regions could benefit from the joint cooperation through significant job creation initiatives for a large number of India's rural population.
