According to Arizton’s latest research report, India’s construction equipment market will grow at a CAGR of 8.9 per cent during 2022-2028. Mini excavators hold a decent share in the overall construction equipment industry.
All the models are embedded with the latest technology. Some of the other amenities that the machines have are boom deflection, Zero tail, modern canopy and AC cabin, for fatigue free operation of the operator, as well as built in Self Diagnostic modules for easy service and maintenance.
Customer satisfaction is important in any business. We were in constant touch with our customers by keeping their focus on our business by contacting them and offering solutions.
On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?
Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.
Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.
Schwing Stetter India announced the retirement of Anand Sundaresan, Vice-Chairman and Managing Director of the company and a pioneer in the concreting and manufacturing industry.
The mining equipment market in Asia Pacific is expected to grow at a faster pace in the coming years. VG Sakthikumar elaborates more on the trend and Schwing Stetter's solutions for the mining industry.
Boom pump is a good investment for large projects like the Metros, airports irrigation projects and other high-rise infrastructure and real estate projects. These massive pumps shorten the duration of project completion, reduce downtime and labour costs.
We are growing at a steady pace. In India, over the next few years the earthmoving and construction equipment (ECE) industry is expected to grow at a tremendous CAGR of 20-25 per cent.
Although the responsibility for everyday safety while operating concrete pumps rests upon the operator, it is vital that everyone involved makes safety the top priority, writes VG Sakthikumar.
The infrastructure sector will drive the growth of overall concrete equipment industry, whereas the real estate segment, along with the power segment, will drive the growth of concrete pumps.
Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there are tremendous growth opportunities in the long term.
Schwing Stetter (India) has launched the five- and six-tonne tower cranes branded Schwing-XCMG. The new cranes are from XCMG, a Chinese manufacturer of cranes and one of the largest in the world, which holds a 60 per cent stake in the Schwing Stetter holding company in Germany.
The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.
With worldwide experience and up-to-date technology, Schwing has designed highly efficient and low-maintenance pumps ideal for long-term use under the most severe conditions. The innovative concrete boom pumps came into being in order to make the tedious process of carrying concrete for heights easy, says VG Sakthikumar, Wholetime Director Operations, Schwing Stetter India. 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.
The new product launches strengthen Schwing Stetter?s expertise in concrete technology.Schwing Stetter India, a leading concrete construction equipment manufacturer in India, has unveiled five new products along with five new variants at Excon 2013, the seventh edition of South Asia?s biggest construction equipment event.
The new products launched by Schwing Stetter will cater to all segments in the concreting equipment industry. Schwing Stetter India unveiled six new products in ready-mix concrete technology: concrete mixing equipment,
There are many announcements from the government which augur well for growth, says VG Sakthikumar, Chief Operating Officer, Schwing Stetter India. Excerpts from the interview.How do you assess the current CE market scenario and its growth prospects in the long term.
SSIPL is upbeat about the concrete equipment industry in Kerala, as it showcased its largest concreting boom pump in India at the 40th IFAWPCA. Schwing Stetter India, one of the pioneers of concrete construction equipment in India, has revealed plans to tap the burgeoning Kerala market,
Schwing Stetter India, the leading concrete equipment player in India, inaugurated its upgraded bra?nch in Raipur. The new branch was inaugurated by Anand Sundaresan, Managing Dire?ctor, and VG Sakthikumar, Chief Operating Officer, Schwing Stetter India.