Friday, 3 July 2020

Sandvik enforces patent rights in India









New Delhi, July 01, 2020
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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