Sicoma is an Italian-based company specialising in the manufacturing of concrete mixers, with plants in India and China. Sicoma has a subsidiary in India, serving the Indian subcontinent market, and a joint venture in China, catering to the South Asian and Chinese markets. Our parent company in Italy oversees operations in Europe, the US, Gulf region, and exports to countries like Russia and Kenya. We’ve been expanding our footprint, making significant achievements, including the transition to producing all mixers in India.

Large infrastructure projects and the adoption of precast technology are key trends driving the construction industry. What sets Sicoma apart is that we manufacture our mixers in India, providing European-quality products at affordable prices. Unlike competitors who import from China, our short delivery periods and comprehensive after-sales support make us unique, especially since none of our competitors have manufacturing bases in India.

The concrete plant is integral to construction, and any issues can halt the entire process. To address this, we have a well-established parts programme with inventory at manufacturing sites, our locations, and our customers' sites. We conduct regular training programmes for OEM engineers, ensuring timely service and parts availability, a point of pride for us.

Automation and IoT play a significant role in optimising resources. We've introduced IoT in all our mixers, aiding in performance monitoring, issue identification, and cost savings. We plan to offer IoT as a subscription-based programme to end customers, providing a comprehensive view of plant operations, reducing downtime, and enhancing troubleshooting capabilities.

Challenges are a part of the industry, from setting up the industry to maintaining consistent quality. Meeting ISO standards is a continuous challenge, but we’ve overcome them with dedication. We also face competition from various sources, but our market share, especially in the one cubic meter and above sector, is substantial.

While I don't have specific figures, in the one cubic meter and above sector, we estimate our market share to be more than 50 to 60 per cent. The recent record of 60 mixers in a month showcases our strong performance. The outlook for the next quarter and year is promising, with potential growth depending on political factors.

We've recently expanded our capacity to manufacture larger mixers. While we are well-prepared for the coming years, further expansion may be considered if market demand significantly increases.

It's a great platform to connect with customers, discuss new developments, and gauge the industry's interest. The exhibition provides a valuable opportunity to interact with a diverse audience, and we've received positive responses.