The Concrete Advantage!
The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.
Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.
Schwing Stetter India joins the fight against Covid-19
Schwing Stetter India, one of the largest manufacturers of concreting and construction equipment’s across the country, announced that it has converted a floor in one of its existing building of its factories – F75 unit in Sri Perumbadur into a Covid care centre.
YoY demand for concrete equipment will be at 20-25% in today’s scenario
Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.
The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.
Paving to Perfection
The projects planned in roads, highways and expressways under the National Infrastructure Pipeline for the next five years will drive the demand for pavers during the period.
Driving Construction of New Istanbul Airport
The power of the Wirtgen Group is driving the construction of the biggest airport in the world: plants and machines from Wirtgen, V?gele, Hamm and Benninghoven are playing a vital part in the construction of the "New Istanbul Airport".
Time-bound projects demand highly efficient equipment
In the current scenario, most of the projects have become time-bound and have to be completed within the stipulated period. Due to this, expectation of the market has also changed especially in road segment.
Requirement of concrete in construction is expected to increase in the future with a slew of projects in the pipeline in real estate and infrastructure projects.
New paving technologies
Paver market in India is picking up with the growing road construction projects. Both asphalt and concrete paver markets see positive growth in the coming years.
Operator training is a necessity today
Wirtgen India revived its training school almost one-and-a-half years back to give training in its pavers range. Ramesh Palagiri, Managing Director & CEO, elaborates more on the company's views on skill development and the way forward.
Paving on a High
Asphalt paver was developed by Barbar Green Co that originally manufactured material handling systems. In 1929, the Chicago Testing Laboratory approached them to use their material loaders to construct asphalt roads.
Concrete Paving to Flourish
Renewed thrust on building new concrete roads by Indian government spells a boom for concrete paving equipment industry in India. Most of the highway network in USA was built with concrete roads and some
We will shortly be starting our training institute in India
As the infrastructure in India is poised for high growth, the road sector will be a major contri?butor, hence we see a good future for pavers in India,
Volvo CE is committed to delivering the most advanced training available today
Volvo CE?s strategy is robust enough to work in a range of economic scenarios, and desig?ned to be achievable throughout the business cycle of the construction equi?pment industry, says AM Muralidharan, President, Volvo CE S&M India.