Peiner SMAG Machinery India – PSI based in Special Economic Zone (SEZ) in Ranipet near Chennai in South India is a Joint-Venture between, SMAG Group’s Peiner SMAG Lifting Technologies – PSLT, Germany; which is the World’s Largest Independent Material Handling and Lifting Device Company and Chidambaram Shipcare Group – CSC, India’s Premier Marine, Offshore & Port Services Company.
Peiner SMAG Machinery India Milestones
- 2011 Registration of Peiner SMAG India.
- 2012 Joint Venture agreement between SMAG and CSC Group.
- 2013 Commencement of Factory Construction.
- 2014 Inauguration of new factory and trial production.
- 2015 Commercial production begins.
- 2015 April 2015: Delivery of first SMAG Peiner grab from Indian Factory.
- 2016 Delivered the biggest Grab ever made in India- 50.25 CBM.