Schwing Stetter India, one of the countrys leading concreting & construction equipment manufacturers, recently announced new product line-ups at Excon 2023; the launched vehicles to strengthen the Schwing Stetter ecosystem and help address the pain points of the CE-subsegments “ mining, ports, material handling and road and highway infrastructure in India.

In addition, the company reported revenue of Rs 5,000+ crore in 2023 and credits its double-digit Year-over-Year (35% in 2023) growth to its continued R&D investments, unwavering focus on long-term growth plans, portfolio expansion across key industries and markets, and the determination of employees to perform and grow.

Speaking about the growth of Schwing Stetter India, V G Sakthikumar, Managing Director and Chairman, said, Demand for our construction and concreting equipment machinery has been increasing at a stellar rate since COVID-19; the record volumes over the years were possible because of the stimulus measures put in place by the Government of India (GoI) to boost infrastructure development in the country.

Also, we are bullish about the short and long-term growth prospects for 2024 “ therefore, we have launched 31 new products for mining, shipping, and road & highway infrastructure industries, including port container handling, mining support, and road patching equipment at Excon 2023. As we add more product categories due to robust demand, we will soon become a one-stop shop for customers in the construction industry, he added.

At Excon, Schwing Stetter India displayed over 70+ machines and reiterated its sustainability efforts to achieve CO2 reduction in the environment.