Stockholm Precision Tools AB Announces Strategic Expansion into Indian Market
- Stockholm Precision Tools AB (SPT) announces its ambitious plan to enter the Indian market, enhancing its global presence in the mining equipment sector.
- SPT highlights its advanced directional survey tools, drilling rig alignment solutions, and digital management cloud for survey data.
- The company actively seeks partnerships with Indian enterprises, offering a unique opportunity to collaborate with a global leader in mining technology.
Malaga, Spain – Stockholm Precision Tools AB (SPT), a leading Swedish manufacturer renowned for its innovative directional survey tools, has formally announced its strategic initiative to penetrate the Indian market. This expansion underscores the company’s commitment to extending its global footprint and delivering high-precision tools for mining exploration and blasting Quality Assurance/Quality Control (QA/QC).
With a legacy spanning three decades, SPT has established itself as a frontrunner in the design and development of cutting-edge tools for the mining sector. The company’s international presence spans over 50 countries, with permanent offices in 14, including Australia, Canada, Mexico, and several South American countries. SPT’s reputation for precision and excellence is further bolstered by its unparalleled technical support, available 24/7 in four languages, setting a benchmark in customer service and technical reliability.
In addition to directional survey instruments, SPT’s product portfolio includes state-of-the-art Drilling Rig Alignment solutions and Core Orientation devices. A notable addition is its digital cloud service, which provides efficient and secure data management for all SPT products.
As part of its expansion strategy, SPT is actively seeking collaboration with companies that provide rental services and other support to mining and drilling operations in India. This initiative represents a significant opportunity for local enterprises to partner with a global leader and bring advanced mining technology to the Indian market.
Eric Estrada, Global Sales and Marketing Director at Stockholm Precision Tools AB, remarked, “Our global expansion has been a strategic objective for some time, and 2024 marks a pivotal year as we introduce our advanced solutions to the Indian market. We believe this venture will not only enhance mining operations in India but also foster a collaborative environment for innovation and excellence in the industry.”
Companies interested in exploring this business opportunity are encouraged to contact Mr. Estrada at [email protected] or via the contact form on the company’s website, sptab.com.
Stockholm Precision Tools AB’s commitment to innovation, precision, and global collaboration continues to drive its expansion, positioning the company at the forefront of technological advancements in the mining industry.
About Stockholm Precision Tools AB
Stockholm Precision Tools AB (SPT), headquartered in Stockholm, Sweden, with manufacturing and operations based in Spain, is a global leader in the design and manufacture of advanced directional survey tools for the mining, civil, oil, and gas industries. Celebrated for its pioneering GyroMaster™ technology, SPT is the only company in the world capable of conducting continuous mode surveys in completely vertical boreholes, setting new standards in precision and reliability.