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Growth in India

GMH and RINAC Joint Venture in India

European engineering expertise combined with strong local presence to deliver advanced warehouse solutions for Indian customers

Laubach, Germany / Bengaluru, India | August 2026

A Strategic Partnership for a Rapidly Growing Market

Gonvarri Material Handling (GMH), the global intralogistics group behind the Dexion and Constructor brands, and RINAC India Limited, a leading specialist in cold chain infrastructure and modular construction, announce the formation of a joint venture in India. The new company, Constructor RINAC Pvt. Ltd., is established to deliver advanced warehouse storage and intralogistics solutions aligned with the specific requirements of the Indian market.

The joint venture has been formed to bring GMH’s European engineering expertise closer to customers in one of the world’s fastest growing logistics markets. By combining global engineering standards, system expertise and a comprehensive intralogistics portfolio with strong local project execution and service capabilities, the partnership supports efficient project delivery, structured implementation and reliable after sales support across India.

From Distributor to Joint Venture Partner

RINAC’s development from an authorized distributor to a strategic joint venture partner reflects a consistent and market driven evolution based on trust, performance and long term alignment.

The cooperation began with RINAC acting as an authorized distributor of GMH storage solutions in India. This step enabled RINAC to integrate advanced pallet racking systems and semi automated solutions into its portfolio, extending its capabilities beyond cold chain infrastructure and clean modular construction. Through joint customer projects, technical collaboration and close operational coordination, the partnership developed further and gained depth over time.

As cooperation intensified, both companies increasingly aligned their market approach, solution design and strategic priorities. Regular exchanges between RINAC’s leadership and the management teams of Gonvarri Industries and Gonvarri Material Handling focused on customer requirements, project execution models and the long term development of the Indian market. This continuous alignment and the successful delivery of customer projects formed the foundation for the decision to establish a joint venture.

The creation of Constructor RINAC Pvt Ltd. represents the next logical step in this relationship. It formalizes a partnership that has grown organically and positions both companies to serve the Indian market with greater proximity, scalability and operational integration.

Why India, Why Now

India’s intralogistics and warehousing market is expanding rapidly, driven by growth in e commerce, food and beverage, pharmaceuticals, manufacturing and infrastructure investment. Demand for modern pallet racking and automated storage solutions continues to increase as warehouses become larger, more complex and more performance oriented.

At the same time, rising land costs intensify the need for space efficient warehouse concepts that maximize storage density and floor utilization. The joint venture addresses these requirements by providing access to globally proven intralogistics systems and engineering concepts, supported by local expertise, market understanding and close customer proximity.

Comprehensive Solutions for Cold and Dry Applications

Constructor RINAC Pvt Ltd. will serve both cold and non cold applications. The portfolio includes conventional pallet racking, high density storage systems and semi automated and automated solutions such as rack clad buildings, mobile racking systems including MOVO, pallet shuttle systems and the proven P90 pallet racking range.

These solutions support a wide range of industries including food and beverage, cold storage and deep freeze logistics, e commerce, automotive, solar module storage, textiles, apparel, pharmaceuticals, defense and industrial manufacturing. A key differentiator of the joint venture is its ability to deliver intralogistics solutions engineered for demanding and temperature controlled environments, with durability, corrosion resistance and long term operational reliability across the full lifecycle of an installation.

Customer Value at the Center

Through close cooperation between European engineering teams and local project organizations, Constructor RINAC Pvt Ltd. enables structured planning and coordinated execution of warehouse projects. Customers benefit from clear responsibilities, efficient interfaces and reliable project timelines.

GMH’s global customers operating in India gain access to consistent engineering standards, proven system solutions and coordinated service support. RINAC’s strong local footprint, market knowledge and execution capabilities, combined with GMH’s engineering depth and automation expertise, create a robust foundation for solution design, customer reach and technical performance.

Leadership Perspective

Sergio Rodríguez Cuesta, Chief Executive Officer of Gonvarri Material Handling, stated that the joint venture represents an important milestone in the company’s global growth strategy. He emphasized that partnering with RINAC strengthens GMH’s presence in India and enables the delivery of advanced intralogistics solutions based on European engineering principles, supported by strong local presence and customer proximity.

P. V. Balasubramanian, Managing Director of RINAC India Limited, highlighted that the collaboration combines global engineering standards with deep local expertise. He noted that customers will benefit from integrated solutions, clear project structures and systems designed to perform reliably under Indian operating conditions.

Parakkel Sukumaran, Joint Managing Director of RINAC India Limited, added that the partnership enhances RINAC’s ability to offer integrated and future ready solutions across cold chain and industrial warehousing projects, while maintaining the long standing trust and relationships built with customers.

Clear Path for Existing Customers and Future Growth

In the initial phase, Constructor RINAC Pvt Ltd. will focus on serving the existing customer base of both GMH and RINAC in India while increasing market presence and brand visibility. This approach provides a strong foundation through reference projects, long term partnerships and case studies.

For customers familiar with the Dexion brand, the transition will be positioned clearly and transparently. The established trust in engineering quality, system performance and technical standards will be carried forward under the Constructor brand, supported by an integrated project approach and a consistent service model aligned with GMH’s global benchmarks.

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