Demand for excavators is notably fuelled by infrastructure and mining sector.
V G Sakthikumar,
What is the current market scenario of excavators in India?
The excavator market in India, particularly in the context of hydraulic excavators, is witnessing a significant upsurge driven by robust infrastructure development activities across the nation. Despite challenges posed by import duties on raw materials and COVID restrictions impacting manufacturing, the market has shown resilience, with promising growth projections. The demand for excavators is notably fuelled by ongoing and upcoming metro rail projects, highway construction endeavours, and the steadily growing mining sector, indicating a positive trajectory for the market.
How do you look at the demand trend? Which segments are driving demand? What are the customer preferences for excavators?
The demand trend for excavators in India is on a steady incline, with segments such as metro rail projects, highway construction, and mining driving the surge in demand. Customer preferences for excavators revolve around factors such as durability, affordability, productivity, and reliability. SCHWING-XCMG's excavator range caters to diverse market requirements, offering machines in economic and premium ranges to suit varying needs. Our commitment to continuous market research and product innovation ensures that our excavators stand out with features tailored to meet customer demands.
What are the new innovations in your range of excavators with respect to the applications?
SCHWING-XCMG has been at the forefront of deploying cutting-edge excavators, backed by our unwavering commitment to providing premium service and spares support. With a comprehensive product range comprising 18 model variants, our excavators are equipped with innovative features crafted through meticulous market research and dedicated R&D efforts. These innovations enhance machine performance, durability, and overall efficiency, making SCHWING-XCMG the preferred choice for Indian CE customers seeking top-notch excavators.
How are you making a difference in the excavator market with your products and services?
As a manufacturer with a robust manufacturing setup and a customer-centric approach, SCHWING Stetter-XCMG emphasizes selling equipment rather than offering rental options. Our market observations indicate a strong inclination among customers towards purchasing construction machinery, with enquiries predominantly focused on machine durability, affordability, productivity, and fuel efficiency. To address rising fuel costs, we have integrated fuel-saving features into our machines without compromising on performance, ensuring optimal value for our customers.
