The growth trend for mobile cranes has been on a positive note and is expected to continue
VG Sakthikumar: The national level expansion of road projects and infra development has enabled a huge rise in demand for mobile cranes and we are receiving numerous enquiries for the same. The current scenario is that there is a huge requirement for the machines and the challenge is to supply it on a quick basis.
V G Sakthikumar
Managing Director, Schwing Stetter India
What is the current market scenario of mobile cranes in India? How is the latest demand trend?
The national level expansion of road projects and infra development has enabled a huge rise in demand for mobile cranes and we are receiving numerous enquiries for the same. The current scenario is that there is a huge requirement for the machines and the challenge is to supply it on a quick basis. The current market trend shows a positive movement for mobile cranes, and we hope it continues that way as it provides manufacturers like us with additional confidence.
Which segments drive the demand for your mobile cranes in India?
The major segments that drive the demand for mobile cranes currently are the infra projects and the road projects. We are also receiving a huge number of enquiries from Metro rail projects which are now in multiple stages, throughout the different states of the country.
What is the growth trend in mobile cranes? What will drive the demand in future?
The growth trend for mobile cranes has been on a positive note and is expected to follow suite for the coming years as well and the market trends indicate a rising prospect of demand for mobile cranes which is good for manufacturers. This positive consumer trend is powered by the vast expansion plans to upgrade many highways and metros and the advent of numerous projects from the Power & Renewable energy sector. These projects are also expected to fuel increased demands for the product in the future as well as these projects progress into multiple phases.
What are your plans in terms of new product introduction and market expansion?
SCHWING Stetter India is proficient in planning ahead with accurate information on predictive market analysis and a deep understanding of the consumer requirements. With this factor, we have been able to stay ahead of the market changes and we are planning to expand our product range to bigger size cranes and the pre-production processes of these products are already nearing completion.
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