‘India is one of the fastest-growing markets in the world, with enormous demand for sustainable and innovative vehicle technology. As a technology leader with many years of expertise, we want to contribute our know-how to a future market that offers great potential both economically and in terms of sustainability and has high ambitions,’ says Karin Exner-Wöhrer, CEO of the SAG Group. ‘Our technologies for LNG and LH2 cryogenic tanks and rheocasting lightweight construction offer ideal solutions for the requirements of the Indian commercial vehicle market. Against the backdrop of current economic challenges, expansion into India represents a strategically attractive alternative.’
Great market potential on the subcontinent
The SAG Group sees great opportunities for sustainable mobility solutions ‘Engineered in Austria’ in this environment. With over 950,000 trucks produced annually, India is one of the largest commercial vehicle markets in the world. At the same time, the Indian government is pushing ahead with the transformation to environmentally friendly mobility, including investments in hydrogen infrastructure and low-emission transport solutions. Economic growth was around 7 per cent in 2023, making India one of the most dynamic economies today.
‘Developed in Austria and made in India for Indian OEMs, this has great market potential and is in line with our group-wide follow-the-customer and localisation strategy,’ concludes Karin Exner-Wöhrer.
SAG: Global player with a local footprint in six countries and at nine locations
The SAG Group is an internationally active production and development company with 950 employees worldwide at nine locations in Austria, the Netherlands, Slovakia, Spain, Mexico and the USA. The company is privately owned and traces its origins back to Salzburger Aluminium AG, founded in 1898 and based in Lend/Salzburg.
The SAG Group is a technology leader in cryogenic tank systems for LNG & LH2 (liquefied natural gas & liquefied hydrogen) and in rheocasting (special casting process for aluminium components).
As the market leader for aluminium tanks for heavy trucks, SAG is an internationally successful supplier to many well-known OEMs. It also produces innovative lightweight components, air reservoirs, compressed air tanks and special components for the commercial vehicle, rail and special vehicle industries, which are delivered worldwide.
The entire group's turnover amounted to around EUR 180 million in 2024.
SAG has already received several ‘Leading Innovator’ awards at the GreenTech Awards. These awards recognise the company's numerous patents for innovations that contribute to climate protection.
