Page 58 - CO_Feb_2023

SPOTLIGHT CONSTRUCTION EQUIPMENT

Shri Nitin Gadkari, Union Minister for Road Transport & Highways,
launched one of the key products during the event
SCHWING Stetter India launched 14 new
products at Bauma CONEXPO India 2023

With the line-up, the Schwing Stetter India, one of the country’s today at Bauma CONEXPO India - we are
company enhanced its leading construction and concreting launching the first 14 products that are built to
product line and aims equipment manufacturer unveiled 14 new improve the efficiency and competence the
to achieve tremendous products at the Bauma CONEXPO India 2023, sector needs.”
New Delhi.
Currently, Schwing Stetter India has one of
growth by leveraging Nitin Gadkari, Union Minister for Road Transport the strongest partners and collaborators for
pioneering innovation and & Highways, launched one of the key products Construction Equipment in the country – with
research in concreting & during the event. more than 28 dealers with XCMG machineries,
construction equipment Powered by this new line-up, the company 2500 employees, and 12 service centers. The
manufacturing. The aims to increase its growth and showcase high- company has doubled its revenue to 4000
company additionally tech leadership in concreting and construction crores INR over the last two years and plans
equipment manufacturing. During the four-day
to grow further in 2023 with a focus on the
announced doubling its event (Jan 31 – Feb 3, 2023) - a range of new domestic and export market.
revenue to 4000 crores INR products to be launched at the outdoor stall
within two years during the O/C20 in 57x40 sq. ft. space, including a About Schwing Stetter India Private Limited:
event. Shotcrete pump (from R&D) - TSR 30.14 (EV), Incorporated in June 1998, and commencing
Cylinder Finisher - CF450 XXV, Belt Conveyor - its manufacturing operations in 1999, Schwing
40m and more. Stetter India is a 100% subsidiary of Schwing
Speaking at the event, V.G.Sakthikumar, GmbH, a 1.30 billion USD German concreting
Managing Director, machinery manufacturer and a part of the
Schwing Stetter India, XCMG group. Schwing Stetter is a pioneer
said, “This year marks in manufacturing equipment for concrete
a significant milestone preparation, placement, transportation,
for Schwing Stetter and recycling. Schwing Stetter (India) Private
as we celebrate our Limited manufactures concrete batching
silver anniversary of 25 plants, concrete placing booms, concrete
years in India. Therefore, we aim to launch a pumps, concrete truck mixers for transporting
minimum of 25 new products this year that readymade concrete to construction sites,
will impact the dynamics of the construction concrete truck mixers with concrete pumps,
industry and stimulate infrastructure innovation and concrete recycling plants, plastering
in the country. We are pleased to share that pumps, self-loading mixers, and sludge pumps.

58 CONSTRUCTION OPPORTUNITIES|FEBRUARY 2023