Page 28 - Construction_Opportunities_December_2024

COVER STORY
INTERACTION Your assessment of India’s manufacturing

policy and its impact on fostering growth
for your company.
India’s manufacturing policies, such as PLI
schemes and infrastructure investments,
have significantly bolstered the CE
industry. SCHWING Stetter benefits from
these initiatives by scaling up production,
integrating advanced technologies, and
fostering innovation. The policy environment
encourages localization, enabling us
to source and develop components
indigenou s l y, thereby enhancing
competitiveness and reducing dependency
on imports.

Your outlook for the Indian CE market. Which
sectors will be the major demand drivers?
We foresee robust growth in the Indian CE
market, driven by sectors such as roads
and highways, metro rail, real estate, and
renewable energy.
The government’s focus on infrastructure
development through programs like
Bharatmala and Gati Shakti will continue
to fuel demand for advanced construction
equipment. Sustainability-driven projects are
also expected to create new opportunities,
reinforcing the need for eco-friendly CE
solutions.

Give us an understanding of your company’s
performance this year and your outlook
going forward.
SCHWING Stetter India has achieved
remarkable milestones this year. We have
launched innovative products and expanded
our footprint in untapped regions, solidifying
our leadership in the CE space. Moving
forward, we are committed to driving growth
through digital transformation, sustainability
initiatives, and customer-focused solutions.

As an exhibitor, what are your expectations
from Bauma Conexpo India 2024?
Bauma Conexpo India serves as a vital
platform for SCHWING Stetter to showcase
our cutting-edge innovations and connect
with industry stakeholders. We look forward
to engaging with customers, partners, and
component suppliers, highlighting the
importance of collaboration in advancing
the CE industry. This expo is an opportunity
to reinforce our commitment to sustainability,
showcase our newest technologies, and set
the benchmark for excellence in construction
equipment.

28 CONSTRUCTION OPPORTUNITIES|DECEMBER 2024