Page 34 - January_2023

INTERACTION COVER STORY

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Outdoor Stall: C10tdoor Stall: C10
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Innovation and R&D are continuous

processes at Volvo CE.

Innovation is at the core of Volvo Construction Equipment. Volvo’s equipment offer the company’s
hallmark qualities: industry-leading fuel efficiency and productivity levels that customers love
the world over—particularly in India. In an exclusive interview to CONSTRUCTION OPPORTUNITIES,
DIMITROV KRISHNAN, MANAGING DIRECTOR, VOLVO CE INDIA, gives an overview on the CE industry,
Cutting edge technology featured in his company’s products, emphasis on technology, research, design
and innovation and a lot more.

Give us an overview and market dynamics in the CE industry. How
is the industry reshaping the technological future?
With India poised to be the world’s second largest construction
equipment market by turn of this decade, the industry is set for its
best times ahead.
Over the medium to long term, multiple initiatives taken by Central
Government to remodel Indian infrastructure will ensure strong,
sustained demand for construction equipment. In the near term, we
expect 2023 to be a ‘peak year’ for industry with several infrastructure
projects across the country set for completion just before next year’s
General Elections.
Rising environment challenges and pandemic-related disruptions
have hastened the onset of new technologies in the industry to
advance productivity, safety and sustainability. Digitally connected
machines are now the order of the day enabling higher uptimes and
predictable outputs with lower fuel consumption. Going forward, we
see zero-pollution electric equipments driven by fully-automated,
self-operating technologies taking over to ensure super efficient and
sustainable constructions in the future.

34 CONSTRUCTION OPPORTUNITIES|JANUARY 2023