We are expanding our factory in Pune which should be completed by August next year.
Ramesh Palagiri, Managing Director & CEO, Wirtgen India How do you assess India's infrastructure development and the role of construction equipment industry in this growth? Indian infrastructure development is going at a hectic pace in the last few years and it is expected to go up by three times over the next five years. Construction
Ramesh Palagiri, Managing Director & CEO, Wirtgen India
How do you assess India's infrastructure development and the role of construction equipment industry in this growth?
Indian infrastructure development is going at a hectic pace in the last few years and it is expected to go up by three times over the next five years. Construction equipment plays a very critical role in executing infrastructure projects.
How has been the company's performance this year? What kind of demand are you experiencing this year for your equipment?
Both for Wirtgen Group and Wirtgen India, current year will be the best-ever year for Group performance. We are expecting all-round growth - both in India market and exports, and more products will follow in FY 24. We are expanding our factory in Pune which should be completed by August next year.
How does technology play a major role in your products making them better in applications?
The Wirtgen Group has been continuously innovating its products and all our road technology brands - Wirtgen, Voegele and Hamm are not only global market leaders but also innovation leaders. The Wirtgen Group has been consistently developing products which offer better efficiency in terms of fuel consumption and this helps in sustainable development and less carbon emissions, lower life cycle costs and better productivity of these machines.
What are the latest developments in your product range?
We are developing more new products at Pune plant like some new models of existing products. We just introduced the Dash-5 generation Voegele paver in the 14 meter class, also new range of milling machines.
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