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TIL Limited Partners with Snorkel Europe to Expand Aerial Equipment Offerings

05 August 20243 mins read by Angel One
TIL Limited partners with Snorkel Europe to offer aerial work platforms and material lifts in India, Nepal, Bhutan, and the Andaman & Nicobar Islands.
TIL Limited Partners with Snorkel Europe to Expand Aerial Equipment Offerings
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TIL Limited announced a new partnership with Snorkel Europe Limited in a stock exchange filing. Under this agreement, Snorkel will supply its extensive range of products and offer expertise and support. The company will become the official Sales and Service partner for Northern and Eastern India, the Andaman and Nicobar Islands, Nepal, and Bhutan. At the same time, TIL will utilise its broad customer network across India, Nepal, and Bhutan to deliver high-quality aerial work platforms, telehandlers, and material lifts.

TIL has established itself as a leading provider of engineered solutions in material handling, mining, construction, and the defense sector, with its defense offerings serving India’s tri-services for decades. The company is also well-regarded for its retail equipment, including ReachStackers, Rough Terrain Cranes, Truck Mounted Cranes, and Pick and Carry Cranes.

This partnership will allow TIL to introduce a new category of products and enhance its extensive portfolio, addressing the growing demand for specialised equipment across various sectors in India. The agreement was formalized by Mr. Sunil Kumar Chaturvedi, Chairman and Managing Director of TIL Limited, and Mr. Craig Revell, Business Development Director for the Middle East and India at Snorkel Europe Limited, marking a significant milestone in TIL’s efforts to broaden its product offerings.

Commenting about the collaboration, the Business Development Director, Middle East and India, Snorkel Europe Limited, Mr Craig Revell, said, “We are excited to have TIL Limited as our Sales & Service partner in India, Nepal and Bhutan. The brand’s legacy in the AWP sector, coupled with its highly experienced team, makes it the ideal partner for Snorkel in this region. We look forward to reaching new customers across TIL’s territory and bringing them the robust products that both Snorkel and TIL are known for.”

“TIL Limited is delighted to embark on this partnership with Snorkel in India, Nepal and Bhutan. Our customers have known us for highly reliable and robust products that can perform in different and demanding working environments safely. The products that Snorkel has to offer to Indian Customers are known globally for the same quality and dependability. We feel this partnership is a natural fit and fulfils the Indian market demand for safe, powerful and versatile aerial work platforms,” said Mr Alok Tripathi, Director and President of TIL Limited.

The company added that the new range of products is likely to add ~₹200 crore to TIL’s topline by FY 2028.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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