Our range of vibrators are meticulously crafted for light-duty to heavy-duty and for continuous operation

Sundaram Iyer
Managing Director, OLI Vibrators India

How do you assess the current market scenario of Indian construction equipment industry?

The use of vibrators in India is still at a relatively nascent stage as compared to the developed countries. Hence, one can see a steady increase in use of vibrators in Indian industries – more particularly in construction industry.

Secondly, India’s infrastructure development spends are increasing steadily as it can be seen from the Union Budgets and State Government Budgets of 2023 and 2024 and the subsequent announcements made by both the governments.

Based on the data, construction industry in India is expected to see a steady growth of more than 20% YoY in view of the all-round development in the construction sector, such as cement plants, crushing plants, sand-washing plants, batching plants besides infra developments in roadways, railways, airways, waterways, ropeways, electrifications etc. This boost will certainly pave way for a steady and sustainable growth for the construction industry. 

How is Make in India concept evolving in construction equipment and components manufacturing?

India is poised to become the world’s third-largest economy by 2025, as per a study published in Lancet. Driving this transformational journey is a multitude of growth drivers, including a growing construction industry that contributes nearly 9% to the Indian economy and is estimated to become the world’s third largest by 2025.

Make in India campaign aims to turn India into a global manufacturing hub. The campaign projects India as an investment destination for manufacturing. The initiative is to reform the manufacturing sector, which currently contributes only 15 per cent to India´s Gross Domestic Product (GDP), and to increase the manufacturing sector’s contribution to 25 per cent of GDP.

Can you give us an overview of your manufacturing set up and product range?

OLI Group has manufacturing set up at four places viz., Italy, Malta, Vietnam, and China. In view of the growing demand for its vibratory motors in India, the Group also has plans to set up a manufacturing facility in India by the end of 2025-26. The Group has various ranges of products that are offered to all kinds of industrial segments and more particularly, construction, infrastructure, mining-crushing-screening plants, metals, foundries, food grain processing, chemicals, enviro care, power generating plants etc. 

The products that are offered to the market specially for construction, infra, mining industries are:

•    Internal high frequency vibrators of various ranges/pistol grip design and pneumatic vibrators.

•    Internal high frequency vibrators with inbuilt convertors

•    Shutter vibrators of various ranges for vibrating tables/moulds/battery moulds - from 3,000 rpm to 9,000 rpm.

•    Fastening systems

•    Excitors

•    Electro-mechanical voltage convertors/electronic control panels that suits to the customer requirements

•    Industrial vibrators – medium to heavy-duty ones

•    Flows aids (electric and pneumatic vibrators)

The entire range of vibrators are meticulously crafted for light-duty to heavy-duty and for continuous operation. These features make OLI’s vibrators ideal for mining, construction, infrastructure industries.

How are you supporting the growth of Indian construction equipment industry through its products and solutions?

The biggest challenge currently faced in India as well as globally is in ensuring high quality of vibrators and maintaining the consistency of the quality. Besides this the infrastructure and construction industries need innovative products with modern technological advancements. 

OLI Group addresses these challenges as it has the name for:

•    Product quality/reliability/longevity

•    Precision of the products

•    Quick delivery (as it maintains huge inventory of all ranges of the products)

•    Competitive pricing

•    Brand OLI and its reputation in the market

•    A personal and friendly touch with its customers.

•  Constant R&D/technological improvements to ensure its products meet with the changing needs of the customers

•    Flexible supply chain

•    Specialisation and customisation of products

Currently India is the 3rd largest CE market globally. What is your vision on India becoming the second-largest CE market globally? 

Indian construction equipment industry has witnessed steady growth over the past decade. The demand for construction equipment is expected to grow in line with expansion of infrastructure, industrial, mining and real estate developments in India.

The construction industry is vital to India’s growth in more ways than just one. Aside from being integral to the GDP of the nation, it is also pivotal to the survival and evolution of an array of industries, in enabling the infrastructural growth that will fuel the nation’s aspiration to become self-reliant, apart from providing employment opportunities to millions of people.

The government has, in its budget, made its intent clear to support the private sector in building world-class infrastructure in India. The Indian construction equipment industry boasts of a large presence of global CE OEMs alongside domestic players, which has led to enhanced focus on R&D and innovation in the sector. State-of-the-art manufacturing technologies being used by CE OEMs in India are at par with the world.

What are your expansion plans in CE components manufacturing in the coming years?

The expansion plans for OLI Group continues to be quite promising. We have a positive outlook on the booming of construction/Infrastructure industrial segments. We envisage a rapid growth in the next 5-6 years. To meet this growing demand, we are preparing ourselves by evolving the following strategies:

•   Technological modernisations and improvements in making our products more user friendly and eco-friendly.

•   To improve digital advancements in our production process to enhance operational efficiency of the products.

•    Integrating contents that underscores our sustainability efforts.

•  Widening our presence across Pan-India as well as globally to reach the customers and meeting their requirements.