Battery-operated systems are gradually gaining attention.
TVSS Srinivas, Business Head, Steel, Mining, Port, Mineral & Aggregrate Crushing Systems & International Business Development, Business Unit-Mining, Material Handling & Processing, TKIL Industries
How do you see construction equipment demand evolving over the next 12–18 months?
Demand outlook remains positive, driven by urban expansion, real estate activity and sustained infrastructure investment. Highway construction and large government-led projects are contributing to a broad-based construction upcycle. Overall, the sector is witnessing steady momentum rather than short-term spikes.
How is the industry progressing towards cleaner fuels and alternative power systems?
The industry is at an early stage of transition towards cleaner energy solutions. Battery-operated systems and electric power are gradually gaining attention, particularly where renewable energy such as solar can be integrated. Research around hybrid and alternative power systems is ongoing, and wider adoption is expected to be gradual.
How are diversification and digital initiatives shaping your company’s strategy?
Alongside its conventional business, the company is diversifying into renewable energy and bio-based systems. New teams have been formed to support this transition. Digital initiatives are being introduced as part of long-term preparation, with India expected to remain central to future growth.
Which emerging infrastructure segments do you see as long-term growth drivers?
Maritime infrastructure is emerging as a key opportunity. Shipbuilding, port modernisation and coastal infrastructure development are gaining momentum as India focuses on self-reliance. Increased investment by large infrastructure groups is expected to drive sustained activity across these segments.
A-303, Navbharat
Estates,
Zakaria Bunder Road,
Sewri (West), Mumbai - 400 015,
Maharashtra, India
+91-22-24193000
Subscriber@ASAPPinfoGlobal.com