Zoomlion is one of the largest concrete boom pump manufacturers in the world and also the manufacturer of the longest boom in the world, with a vertical reach of 101 m. So at Universal, we can offer the complete range of concrete boom pumps, says Rajesh Kawoor, Vice-president (Concrete Business), Universal Construction Machinery & Equipment. Excerpts of the interview.
Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there is tremendous growth opportunities in the long term.
Rajesh Kawoor, a mechanical engineer by profession, carries with him a vast experience of 26 years. He has been in construction equipment industry for more than two decades which included the major experience of concrete equipment
Back in the day, concrete pumps were used mainly in metros and major cities; in recent years, however, the industry has witnessed increased demand for concrete pumps in the Tier II and Tier III cities;
Out of $ 2.3 billion construction equipment sold in India, just seven per cent is sold to rental companies, which is low compared to the global average of 50 per cent; in China, it is approximately 35 per cent, in USA 65 per cent and in Japan, it is 80 per cent.
It?s the dark horse segment. Consider the figures: the crawler crane market constitutes just three per cent of the total mobile cranes sales in India whereas the pick-n-carry cranes control the major chunk, 93 per cent of the total sales.