Search

There is a lot of pent-up demand in market that needs to be catered to

Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India), elaborates on the company’s activities and the market trends post pandemic scenario.

We anticipate a quick recovery from the bottom

In a projects ElectroMech has a stated strategy of Cranes & Beyond. Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India), elaborates more on the company’s activities and the market trends in post-pandemic scenario., the ongoing projects simply cannot be stopped and these need to be completed and taken to their logical conclusion. Hence, when it comes to crane orders for big projects under execution, the orders are still being finalised in the industry. The pandemic had put a pause on the entire activity in the market for a few months. However, the market has almost got back to the pre-pandemic days and business seems to be back to normal.

ECA is the major risk taker under the loan

KfW has three different arms under which international financings are being carried out. These are KfW Development Bank, DEG and KfW IPEX-Bank. The ECA business is wholly taken care of by KfW IPEX-Bank which stands for international projects and export financings.

Digital Edition