Manish Mathur of ACE: Overall outlook for next two years in positive
Speaking on the market for medium and heavy-duty mobile cranes in India, Manish Mathur, CEO – Cranes, Action Construction Equipment, said, “The overall outlook for next couple of years for pick and carry, and medium and heavy-duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between. However, clearly, mobile cranes market in India will grow in the next three to four years. High-speed rail projects, road projects, airports (both Greenfield like Jewar and expansion in cities like Delhi and Chennai airports), various metro and rapid rail projects, Greenfield refinery projects and various water pipe laying projects across India will drive the growth of mobile cranes in upcoming years.”
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