The ongoing infrastructure boom has created substantial demand for high-output concrete equipment.
V G Sakthikumar,
What is the current market scenario in concrete equipment?
The concrete equipment market in India is experiencing robust growth, bolstered by promising year-on-year growth predictions and significant investment plans under the National Infrastructure Pipeline program. The government's sanctioning of multiple infrastructure projects, including metro rail, high-speed rail, and expressways, has created immense demand. This increased connectivity is likely to spur more large-scale infrastructure projects, driving further demand in the CE market. Boom pumps are gaining significant traction in the RMC sector due to their efficiency and reduced manpower requirements. The increased demand for ready-mix concrete, combined with numerous government-awarded projects, is leading clients to opt for higher output batching plants, pumps, and mixers.
What are the latest products and solutions offered by the company in concrete plants and equipment?
SCHWING Stetter India offers a comprehensive range of infrastructure equipment, including concreting and construction equipment. Our manufacturing facilities in Irungattukottai SIPCOT industrial estate produce truck mixers, batching plants, and concrete pumps. The latest addition to our facilities, the Global Manufacturing Hub (GmH), manufactures concrete trailer pumps, boom pumps, stationary pumps, self-loading mixers, shotcrete pumps, and excavators for both domestic and global markets. These products are of world-class standards, with continuous innovation and upgrades. We also provide customized products and complete packaged solutions tailored to customer requirements.
What are the technology innovations in your product range? How are these innovations helping in better productivity and efficiency in construction projects?
SCHWING Stetter India has introduced 14 new products in the CE market, featuring innovations that significantly reduce operating costs through optimized fuel consumption and increased output capacity. One of our key technological advancements is the integration of telematics into heavy-duty equipment such as excavators, boom pumps, and wheel loaders. Telematics enhances machine performance through geo-positioning, sensor-based status updates, and predictive maintenance. This technology ensures consistent productivity, improved equipment utilization, and adherence to project timelines, ultimately fostering a healthier work environment and extending machine lifespan.
Which construction segments drive the demand for your products and solutions?
The primary construction segments driving demand for SCHWING Stetter India’s products and solutions include infrastructure projects such as metro rail, high-speed rail, expressways, and large-scale commercial developments. The ongoing infrastructure boom and extensive government investment in these projects have created substantial demand for high-output concrete equipment. Additionally, the ready-mix concrete sector is a significant driver due to the increasing preference for efficient and high-capacity batching plants, pumps, and mixers.
Can you highlight the landmark projects where your equipment and technologies played a major role?
SCHWING Stetter India’s equipment and technologies have been pivotal in several landmark projects. For instance, our advanced concrete machinery played a crucial role in the construction of the Statue of Unity in Gujarat, the world’s tallest statue. Additionally, our batching plants and other machines were integral to the construction of the Chenab Bridge in Jammu and Kashmir, the world’s highest railway bridge. These projects underscore our capability to provide cutting-edge solutions that meet the demands of large-scale and complex infrastructure developments.
How do you visualize the demand trend for concrete equipment in the coming years?
We anticipate the demand for concrete equipment to continue its upward trajectory in the coming years, driven by the ongoing infrastructure boom and government initiatives. The National Infrastructure Pipeline program and the sanctioning of numerous large-scale projects are expected to sustain high demand levels. As urbanization progresses and connectivity improves, we foresee a continued preference for high-capacity and technologically advanced equipment. SCHWING Stetter India is well-positioned to meet this demand with our innovative product offerings, robust after-sales support, and strategic expansion plans, both domestically and internationally.
