Our company is fully committed to the Make in India drive, with extensive indigenization efforts to meet market requirements.
Schwing has always been on the innovative path and quick in adapting to the emerging trends in technology and innovation to stay ahead in the rapidly evolving construction equipment landscape. In an exclusive interview to CONSTRUCTION OPPORTUNITIES, V. G. SAKTHIKUMAR, CMD, SCHWING STETTER INDIA speaks about his company’s range of equipment, research & development, after market services and a lot more
Give us an over view and market dynamics in the construction equipment industry, How is the industry reshaping the technological future.
The construction equipment industry is undergoing significant transformation, fuelled by the Make in India initiative and advancements in technology. With a focus on domestic manufacturing, the industry is becoming more competitive globally, driving innovation and reshaping the technological future. Companies are investing in research and development to introduce cutting-edge solutions that enhance efficiency, productivity, and sustainability in construction processes.
Please provide details on your emphasis on technology, research, design and innovation? Your company’s Initiatives to embrace sustainability, not only for current operations but also for ensuring a resilient and eco-friendly future.
Our company places a strong emphasis on technology, research, design, and innovation to stay ahead in the rapidly evolving construction equipment landscape. We are committed to embracing sustainability across our operations, with initiatives aimed at reducing our environmental footprint and ensuring a resilient and eco-friendly future. From incorporating advanced materials to optimizing energy usage, we are continuously exploring new ways to enhance sustainability in our products and operations
Detail us on the new products launched or being launched in the near future. What is your focus on technological up gradation in respect of your products? What are the advancements you have introduced or plan to introduce. Cutting edge technology featured in your products. What distinguishes your products from competitors.
We have recently launched a series of new products, including concrete batching plants and concrete pumps, incorporating the latest technological advancements. Our focus on technological upgradation is evident in the cutting-edge features integrated into our products, such as 3D printing capabilities and advanced automation systems. These advancements not only differentiate our products from competitors but also enhance efficiency, reliability, and safety on construction sites.
Tell us about the indigenisation efforts undertaken by the company to meet the market requirements? What is the company’s approach to implementing the ‘Make in India’ drive?
Our company is fully committed to the Make in India drive, with extensive indigenization efforts to meet market requirements. By manufacturing locally, we not only contribute to the country’s economic growth but also ensure quality and timely delivery to our customers. We have invested in state-of-the-art manufacturing facilities and partnered with local suppliers to strengthen our domestic supply chain and support the government’s vision of self-reliance.
Factors such as safety, operator comfort, ease of operations and skilling operators are crucial. What are the steps undertaken by your company for providing the same.
We have recently launched a series of new products, including concrete batching plants and concrete pumps, incorporating the latest technological advancements. Our focus on technological upgradation is evident in the cutting-edge features integrated into our products, such as 3D printing capabilities and advanced automation systems. These advancements not only differentiate our products from competitors but also enhance efficiency, reliability, and safety on construction sites.
Which are the areas which will drive your business going forward and tell us of the important projects where your products have been installed with success?
Safety, operator comfort, and skilling operators are paramount considerations in our product development process. We have implemented rigorous safety standards and ergonomic designs to ensure the well-being of operators. Additionally, we conduct extensive training and skilling programs, providing operators with the necessary knowledge and skills to operate our equipment safely and efficiently.
Your strategy in this price sensitive market. To what extent is consumer behavior influenced by cost?
Our business growth is driven by a combination of factors, including infrastructure development projects and expanding market demand. Our products have been successfully installed in various high-profile projects across the country, demonstrating their reliability and performance. We are particularly focused on key sectors such as transportation, urban infrastructure, and power, where our equipment plays a crucial role in project execution.
Give us an understanding of the after-sales services offered by your company?
Our company offers comprehensive after-sales services to ensure the seamless operation and maintenance of our equipment. From preventive maintenance programs to on-site support and spare parts availability, we are committed to maximizing uptime and minimizing downtime for our customers. Our dedicated service team is available round-the-clock to address any issues promptly and efficiently.
Your comments on the financing of equipment, how fast and easy is it for a customer to get finance. What according to you will enthuse customers to buy equipment.
Financing equipment is made fast and easy for customers through our partnerships with leading financial institutions. We offer flexible financing options tailored to the specific needs of our customers, making it convenient for them to acquire our equipment. Additionally, our strong track record and reputation in the industry instil confidence in financiers, making the financing process smoother and more efficient for customers.
Your comments on the Mega Infrastructure push by the government, what more government policies or measures will foster growth for the infra industry at large thereby propel the growth of CE Industry.
The government’s push for mega infrastructure projects presents significant growth opportunities for the construction equipment industry. To further foster growth, policies and measures aimed at streamlining approvals, enhancing project execution efficiency, and attracting private investment are essential. Additionally, incentives for adopting advanced technologies and sustainable practices will accelerate the modernization of the infrastructure sector and drive demand for construction equipment.
What is your outlook for the construction equipment industry and your company going forward?
Looking ahead, we remain optimistic about the construction equipment industry’s prospects and our company’s growth trajectory. With a strong focus on innovation, sustainability, and customer satisfaction, we are well-equipped to capitalize on emerging opportunities and overcome challenges. By leveraging our technological expertise, expanding our product portfolio, and strengthening our market presence, we are confident in our ability to drive sustainable growth and contribute to India’s infrastructure development journey.
