At Bauma Conexpo India 2024, SCHWING Stetter will unveil our latest sustainability-focused machines
SCHWING Stetter India known for launching innovative products and expanded its footprint in untapped regions, solidifying its leadership in the CE space. In an exclusive interview to CONSTRUCTION OPPORTUNITIES, V. G. SAKTHIKUMAR, CMD, SCHWING STETTER INDIA, gives an overview on the CE industry, about his company’s range of equipment, aftermarket services and a lot more.
Give us an overview of the Indian CE market, latest technology trends, and market dynamics.
The Indian Construction Equipment (CE) market continues to evolve rapidly, driven by ambitious infrastructure initiatives such as Smart Cities, highways, and metro rail projects. SCHWING Stetter India is at the forefront of this transformation, leveraging the growing demand for technologically advanced, sustainable, and cost-effective equipment.
The integration of IoT, telematics, and AI in CE machines is redefining efficiency, safety, and operational control, catering to end-user expectations of lower Total Cost of Ownership (TCO) and improved productivity.
The market is also witnessing a growing inclination toward electric and hybrid machines, reflecting the industry’s commitment to sustainability.
Tell us about your product portfolio of equipment and game-changing technologies/products developed by your company.
SCHWING Stetter offers a comprehensive portfolio of concreting, material handling, and road construction equipment, including stationary pumps, boom pumps, batching plants, truck mixers, self-loading mixers, and motor graders. Our game-changing innovations include the IoT-enabled Smart Concrete Technology, EV Shotcrete machines, and the energy-efficient XCMG electric machines. Notably, our stationary pumps and boom pumps are renowned for their unmatched reliability in mega infrastructure projects, while our self-loading mixers have set new benchmarks in versatility and mobility for on-site concrete production.
Cutting-edge technologies featured in your machines and benefits accrued to end-users from digital technologies.
Our machines are equipped with advanced telematics and IoT solutions that empower operators and project managers with real-time data for predictive maintenance, fuel efficiency monitoring, and overall machine performance optimization. These technologies significantly reduce downtime, enhance safety, and improve cost-efficiency, helping end-users achieve higher productivity and better ROI.
What sort of customer-centric initiatives has your company undertaken to be one step ahead of the competition?
SCHWING Stetter India prioritizes customer satisfaction through initiatives such as the SCHWING Operator Training School, which has trained thousands of operators to maximize machine efficiency and safety.
Additionally, our robust aftermarket support, including a 24×7 service network, ensures minimal downtime for customers. The introduction of customized maintenance plans and a dedicated mobile app for service scheduling further strengthens our customer engagement.
Has your company launched any new machines or is launching anything new at Bauma Conexpo India?
At Bauma Conexpo India 2024, SCHWING Stetter will unveil our latest sustainability-focused machines, including energy-efficient concrete recycling solutions and advanced batching plants designed for high productivity with minimal environmental impact. We aim to showcase innovations that align with India’s green construction goals while delivering superior performance.
Major demands made by end-users of your equipment. Is there a shift from initial cost price to TCO in buyer decisions? Importance of aftermarket services.
End-users increasingly prioritize TCO over initial costs, emphasizing fuel efficiency, durability, and lifecycle value. SCHWING Stetter addresses these demands with machines that offer superior fuel efficiency, minimal maintenance, and long-term reliability.
Our aftermarket services, including an extensive parts network and on-site support, ensure customers maximize their investments, fostering trust and loyalty.
Do you practice ‘Make in India and Sell Globally,’ using your India manufacturing base to supply to the global market?
Absolutely. SCHWING Stetter India operates as a global manufacturing hub, exporting to over 60+ countries. Our “Make in India” ethos is evident in our world-class production facilities, which produce equipment that meets international quality standards. This strategy not only supports India’s vision of becoming a global manufacturing powerhouse but also strengthens SCHWING’s global footprint.
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 indigenously, 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.
