Tyrone hydraulics business breaks into the Indian market
Published 21/06/2010 | 08:00
A Co Tyrone engineering business has won its first contract in India following an Invest NI trade mission.
Dungannon-based McQuaid Engineering has supplied a specialised rock breaker boom system to a major global corporation in New Delhi for use in quarrying operations. It did not name the client or say how much the deal was worth, but said it was an important breakthrough in a key global market.
Paul McQuaid, the firm's managing director, said: "Our India venture has proven successful in establishing business with one of the world's leading crusher original equipment manufacturers. This first deal gives us a good foothold for future business, not only in India, but also worldwide.
"The advice and guidance we received from the team at Invest NI were immensely important. In fact, we could not have managed the business breakthrough as quickly as we did had it not been for them."
Invest NI's office in Mumbai identified the new business opportunity, and lined up a meeting with the customer's top management team.
Dr Vicky Kell, Invest NI trade director, said: "The huge expenditure by the Indian government to improve its physical infrastructure especially roads, power generation, electricity supply, railways, airports, and ports offers substantial opportunities to engineering businesses in Northern Ireland.