Page 56 - Construction_Opportunities_December_2025

EQUIPMENT TICKER TAPE

SCHWING STETTER INDIA REINFORCES COMMITMENT
TO SKILL DEVELOPMENT AT THE 59 INDO-GERMAN
TH
CHAMBER OF COMMERCE ANNUAL REGIONAL MEET
Schwing Stetter (India) Pvt. Ltd., one of India’s leading concreting
equipment manufacturers, reaffirmed its commitment to industrial BOBCAT SHOWS NEW MT120 MINI TRACK LOADER
skilling and Indo-German cooperation as a partner at the 59th Bobcat has unveiled its new MT120 mini track loader, described
Indo-German Chamber of Commerce (IGCC) Annual Regional as the company’s most powerful machine of its type.
Meet held in Chennai. The event marked a significant stride in The new MT120 has a 1.2-liter diesel engine with no DPF, a direct
strengthening Indo-German collaboration as MoUs focusing on drive system and maintenance-free rollers and bushings, all of
skill development, MSME empowerment, and industrial capability which are said to reduce operating costs and the total cost of
building were formalized. ownership.
A major milestone was the signing of a Memorandum of At just 91 cm wide, the MT120 is suited to working in small areas.
Understanding between the Gedee Technical Training Institute Maximum tipping load is 1,573 kg.
(GTTI), the Madras Export Processing Zone (MEPZ), and a Section Additionally, the integrated platform offers optimal visibility, while
8 Company comprising shareholders from IGCC and the German smooth controls deliver precise machine movement.
Business Group, Chennai. “Between 2010 and 2020, the median lot size for a new home
This partnership aims to establish a dedicated Skill Development decreased by almost 18%, and we are supporting workers to
Centre at MEPZ, Tambaram, to deliver advanced technical adapt to these smaller spaces,” said Federico Fernandez-Ayala
training aligned with globally benchmarked German industrial Novo, senior product manager for GME at Bobcat. “Our mini track
standards. Schwing Stetter India is among the prominent industry loader can go where other machines can’t.”
supporters of this initiative, advocating for the development of Compatible with more than 20 categories of attachments, the
high-quality technical talent required by the manufacturing and machine is suitable for a wide range of applications: levelling,
engineering sectors. preparation for seed or sod, tree or branch removal, fencing,
The ceremony was attended by key dignitaries, including VG irrigation, material handling, snow removal, etc.
Sakthikumar, Chairman and Managing Director, Schwing Stetter The machine’s small size, low ground pressure and high capacity
(India) Pvt. Ltd., who represented the company’s continued focus are said to make the MT120 ideal for use in garden landscaping
on vocational development and its commitment to strengthening and working on finished concrete surfaces.
Tamil Nadu’s industrial capabilities.
Commenting on the initiative, VG Sakthikumar said: “We have VE COMMERCIAL VEHICLES SELLS 7652 UNITS IN
strengthened our skilling efforts by signing MoUs across states NOVEMBER 2025
such as Tamil Nadu, Uttarakhand, Telangana, Assam, Rajasthan, VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors
Uttar Pradesh, Bihar, Kerala, and Andhra Pradesh. Through these joint venture) recorded sales of 7652 units in November 2025 as
initiatives, we have already enrolled more than 1,300 candidates. compared with 5574 units in November 2024, a growth of 37.3%.
Our training programs cover key job roles. We continue to focus This includes 7425 units of the Eicher brand and 227 units of the
on building practical, industry-ready skills through our established Volvo brand.
training ecosystem, including our Centre of Excellence at our The following are details for November 2025:
Global Manufacturing Hub in Cheyyar.” • Eicher branded trucks & buses recorded sales of 7425 units in
The newly announced Skill Development Centre will initially focus November 2025 as compared with 5359 units in November
on making trainees shop-floor ready through programs in CNC 2024 representing growth of 38.6%.
machining and digital manufacturing tools. Subsequent phases • In the domestic CV market, Eicher branded trucks & buses
will introduce deeper specializations aligned with international have recorded sales of 6720 units in November 2025 as
certification frameworks, helping address the rising demand compared with 4957 units in November 2024, representing
for high-precision engineering talent across the construction, growth of 35.6%.
concrete equipment, automotive, and heavy engineering • On the Exports front, VECV recorded sales of 705 units in
industries, where Schwing Stetter plays a leadership role. November 2025 as compared with 402 units in November
The event also witnessed the formal exchange of a Letter of Intent 2024, representing growth of 75.4%.
between IGCC and the Andhra Pradesh MSME Development • Volvo Trucks and Volvo Buses recorded sales of 227 units in
Corporation to support MSME skill development and facilitate the November 2025 as compared with 215 units in November
rollout of German-standard technical training across the state. 2024, representing a growth of 5.6%.

56 CONSTRUCTION OPPORTUNITIES|DECEMBER 2025