Ramanand Power Systems Pvt. Ltd. is the new Volvo Construction Equipment dealer in Telangana state, India, effective 1st July 2019.
Construction Equipment (Volvo CE) is bolstering its dealer network in India with
the appointment of Ramanand Power Systems Pvt. Ltd., which will be responsible
for selling and supporting Volvo CE’s full range of equipment in Telangana.
“There is high demand for construction equipment due to the Telangana government’s heavy investment in infrastructure, mining, irrigation and road construction projects,” said Dimitrov Krishnan, vice president and head of Volvo CE, Hub India. “The appointment of Ramanand Power Systems strengthens our position in the region and ensures customers are receiving the excellent sales and aftermarket sales support that is synonymous with Volvo CE.”
Telangana is one of India’s youngest states but it’s growing rapidly. In the fiscal 2018 year, the state saw record revenue growth of 21.96%, according to the Times of India. The Telangana government plans to install 130,000 km of drinking water pipeline, irrigate 10 million acres of land and connect every household to the internet. The state is also rich in mineral resources such as limestone, granite, iron ore and is home to 20% of India’s coal deposits.
Established in 2019, Ramanand Power Systems is headquartered in Hyderabad. The leadership team includes directors Anand K. Anumolu and Rama Rao A.S.. Combined the duo has more than 50 years of experience in various industries ranging from real estate , automotive , construction equipment and information technology.
“Over our careers, Anand and myself have established a strong network in Telangana. We are excited to join Volvo CE’s dealer network and look forward to working closely with them to strengthen their market leadership in the region,” Rao said.