Volvo CE Expands North India Presence with Time Equipment Partnership

Volvo Construction Equipment (Volvo CE) announced a dealer partnership with Time Equipment Pvt. Ltd to serve the North India market, covering Delhi NCR, Haryana, Uttar Pradesh (including NCL Singrauli), and Uttarakhand regions.

The partnership, formalized at the inauguration of Time Equipment's Faridabad Dealership Head Office on April 21, aims to enhance Volvo CE's customer outreach and service capabilities in the region. Dimitrov Krishnan, Managing Director of Volvo CE India, and Surat Mehta, Head of Product & Retail Management, attended the event alongside Time Equipment's directors and team members.

Time Equipment will establish dedicated sales offices, parts centers, and service outlets across the four states with a team of over 110 personnel, including 20 salespeople and 60 service engineers. The expanded network will improve accessibility to Volvo and SDLG machines and aftermarket support throughout the region.

"As India's infrastructure sector expands, driven by the government's vision, demand for construction and mining equipment will grow significantly," said Dimitrov Krishnan, Managing Director of Volvo CE India. "Our partnership with Time Equipment is a strategic step towards strengthening our presence in these key regions."

Established in 2006, Time Equipment operates nine sales offices, service centers, and parts facilities across strategic locations including Faridabad, Charkhi Dadri, Karnal, Dehradun, Haldwani, Lucknow, Noida, Agra, and Anpara. The company also maintains dedicated workshops in Faridabad and Anpara.

Sachin Chilana, Director of Time Equipment, expressed optimism about the partnership: "We aim to build a ₹600 crore business with Volvo CE by 2028."

The construction equipment market in India has been experiencing steady growth, fueled by increased government spending on infrastructure projects, urbanization, and industrial development. Industry analysts note that the sector is projected to expand at an annual rate of approximately 7-8% over the next five years.

Volvo CE, part of the Swedish Volvo Group, has been operating in India for over two decades, providing machinery for road construction, mining, quarrying, and other infrastructure development projects. The company has been focusing on expanding its dealer network to capitalize on the growing construction industry in various regions of India.

The partnership comes at a time when infrastructure development remains a priority for both central and state governments, with significant allocations in recent budgets for highways, railways, urban development, and other core infrastructure sectors.