The
Delhi High Court in India, has ruled in favor of Sandvik after an investigation
and subsequent law suit for patent infringement.
HK Engineering Works based in Faridabad (India) was discovered to be manufacturing
patented Vertical Shaft Impact crusher (VSI) partsfor the Indian market. A
lawsuit was filed against HK in the Delhi High Court and, following
negotiations, an agreement was reached and produced in Court. A permanent
injunction is now in place against HK, who were also ordered to compensate
Sandvik financially and take steps to prevent further infringement of the
patent and sale of the product in question.
Sandvik
invests significant sums of money in research and development and also in
registering intellectual property rights, such as patents, which are designed
to protect this investment in its products. Sandvik believes it must protect
its interests to continue investing in the future and to remain world leaders
in tools, service and equipment design.
For more info contact:Ravi Kumar Sristi Communications M. +91 9631154472E. ravi@sristipr.in
Sandvik
Group
Sandvik
is a high-tech and global engineering group offering products and services that
enhance customer productivity, profitability and safety. We hold world-leading
positions in selected areas – tools and tooling systems for metal cutting;
equipment and tools, service and technical solutions for the mining industry
and rock excavation within the construction industry; products in advanced
stainless steels and special alloys as well as products for industrial heating.
In 2019, the Group had approximately 40,000 employees and revenues of about 100
billion SEK in more than 160 countries within continuing operations.
Sandvik
Mining and Rock Technology
Sandvik Mining and Rock Technology is a business
area within the Sandvik Group and a global leading supplier of equipment and
tools, service and technical solutions for the mining and construction
industries. Application areas include rock drilling, rock cutting, crushing and
screening, loading and hauling, tunneling, quarrying and breaking and
demolition. In 2019, sales were approximately 45 billion SEK with
about 14,000 employees in continuing operations.
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