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The infrastructure and construction business as a whole, is poised to exceed $350 billion in a while, growing at a CAGR of 6.5-7 per cent over various sectors. But naturally, we also foresee an upward trend in the sales of construction equipment, as the market is expected to grow at a record high in the next 2-3 years, driven by the government's focus on infrastructure development.

Driving Innovation

Geared drives are essential for mechanical power transmission throughout the powertrain of equipment. With more mechanisation happening in infrastructure and construction projects, as well as material storage and haulage segments

Sandvik Asia to set up mfg facility at Chakan

As part of its continued growth in the country and to leverage India?s position as one of the best cost countries in its operations, Sandvik had recently announced a commitment to set up a world-class manufacturing facility at Chakan near Pune.

Navin Group is the oldest active dealership of CE industry in MP

Being involved in the business of construction equipment for the past 27 years, Navin Group still maintains a track record of excellent customer service and a healthy market share of satisfied customers

Sandvik appoints new Country Manager for India

Parag Satpute has been appointed as the new Country Manager, India at Sandvik Asia. Satpute will be based at the company?s India headquarters at Pune. Commenting on the appointment, Olof Faxander, President and CEO, Sandvik Group said, ?India is an important country and part of Sandvik?s emerging market strategy. Satpute will continue to develop and further accelerate our growth plans in the Indian market. He has the appropriate acumen to take our Indian organisation forward?.

Scaling new heights

Ajay Sambrani is the first Indian to be heading Sandvik Asia as the Managing Director. Born in 1966, he has BE degree in Industrial Engineering from the Karnataka University. He has over 20 years of experience in the industry.

Sandvik optimistic on India operation

Reports indicate that the total turnover of Sandvik Asia is around Rs 2,800 crore and the mining vertical is the largest contributor to the turnover. It may be noted that Sandvik Asia is a subsidiary of the Swedish equipment company Sandvik AB. The company expects three-fold growth in this segment by 2015. Sandvik?s mining vertical consists of bolte

Sandvik to invest significantly in India operation

Construction equipment firm Sandvik Asia plans to make significant investments in India, including in its research and development (R&D) centre over the next two years. Olof Faxander, President and CEO of the firm said the company will also source components from India for export to its other plants globally. It may be recalled that the firm aims to produce equipments that are suitable for the Indian construction and

The right choice

GVR Murthy, who has been appointed as the Chief Executive Officer of Escorts Construction Equipment recently, has over three decades of extensive experience in the construction industry, cement products and mineral processing. Murthy assumes leadership of Escorts Construction Equipment at a pivotal point for the construction equipment industry. In his current role, his main responsibility will be to ensure that the organisation maximises its impact on the growth of the construction equipment ind

Sandvik to Strengthen Market Leadership

In a recent conference organised in Pune, Sandvik Asia announced its plans to strengthen its presence in India. Sandvik is set to achieve world class performance in value creation through higher growth and profitability and thereby make the company even more attractive for customers, employees and shareholders. The focus is on increasing profitability and strengthening position in attractive markets and segments.

Sandvik appoints new head for India

Ajay Sambrani has been appointed as the new Country Head, India at Sandvik Asia, the Indian subsidiary of the $13 billion Sandvik Group. He was earlier appointed as President, Sandvik Materials Technology at Sandvik Asia in January this year

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