Goldhofer and Francis Klein Machine Tools Technologies of Bangalore have signed a joint venture agreement for the production of ground handling equipment.
The subject of the agreement is the production and sales of the Goldhofer range of cargo and aircraft tow tractors for the Indian market and the establishment of a service hub and training centre there. According to the plan, the first phase of operation in Bangalore will involve the manufacture of conventional BISON aircraft tow tractors and SHERPA baggage and cargo tow tractors. The agreement with FKMT Technologies will enable Goldhofer to intensify its activities in the Airport Technology division in one of the world’s fastest growing ground handling markets. “The joint venture agreement signed today is a first important step for us to respond to the growing demand for our airport vehicles on the Indian subcontinent. The predicted doubling of air traffic volumes in India by 2027 will only be possible with the help of more aircraft, and thus more tractors. We are therefore delighted that we now have a proven and experienced local partner on board who will support us in developing and expanding our market presence in this dynamic environment,” said Lothar Holder, CEO at Goldhofer and Head of Airport Technology, at the official signing of the agreement.
