Page 16 - Construction_Opportunities_January_2025

COVER STORY

and responsibility towards our beloved class production facilities, which produce equipment that meets
country,” Sandeep Singh, MD, Tata Hitachi international quality standards. This strategy not only supports
Construction Machinery said. India’s vision of becoming a global manufacturing powerhouse
Actively partnering with the Government of but also strengthens SCHWING’s global footprint.”
India’s ‘Make in India’ initiative, Tata Hitachi “As part of our commitment to ‘Make in India,’ SCHWING-XCMG
manufactures a wide range of construction has localized production in line with Indian requirements,
equipment in its plants at Dharwad and sourcing a significant portion of our components domestically.
Kharagpur. The company recently announced that it would invest This approach not only supports local suppliers but also makes
`200 crore in its two manufacturing plants to stay ahead of the our equipment more cost-effective and adaptable to Indian
curve in quality, innovation and localization. The company aims operational conditions. By aligning with government initiatives, we
at ramping up localization levels to 70% over the next 2-3 years. ensure that our machines meet regional regulations and quality
The company plans to produce 60-tonne dump trucks in India, standards, while also driving local economic growth,” he added.
leveraging technology from Hitachi Canada, primarily used for Ammann is fully committed to supporting the ‘Make in India’
the mining industry, he said. Additionally, the company intends initiative through strategic indigenization efforts aimed at meeting
to introduce more models in India as part of the ‘Atmanirbhar’ the specific needs of the Indian market. Dheeraj Panda, MD,
(self-reliant) policy started long back, the official said. Its Kharagpur Ammann India Pvt. Ltd., mentioned, “Our
plant is the largest excavator plant in southeast Asia with an approach focuses on local manufacturing,
investment of Rs 1,100 crore. sourcing, and innovation to deliver
India’s manufacturing policies, such as PLI schemes and high-quality, tailored solutions that align
infrastructure investments, have significantly bolstered the CE with India’s infrastructure growth and
industry. SCHWING Stetter benefits from these initiatives by scaling sustainability goals. Our manufacturing
up production, integrating advanced technologies, and fostering facilities in India are equipped with
innovation. The policy environment encourages localization, state-of-the-art technology and adhere
enabling us to source and develop components indigenously, to global standards, allowing us to produce world-class RMC
thereby enhancing competitiveness and reducing dependency equipment locally. By leveraging local supply chains and sourcing
on imports. The company officials foresee robust growth in the components domestically, we not only reduce production costs
Indian CE market, driven by sectors such as roads and highways, but also contribute to the growth of local industries and job
metro rail, real estate, and renewable creation. This enables us to offer competitively priced products
energy. without compromising on quality, making our equipment more
SCHWING Stetter India operates as a accessible to the Indian market.”
global manufacturing hub, exporting to Ammann’s design and R&D teams work closely with Indian
over 60+ countries. VG Sakthikumar, CMD, customers to understand their unique project requirements and
Schwing Stetter India, highlighted, “Our environmental conditions. “This enables us to adapt our products
‘Make in India’ ethos is evident in our world- to local needs, ensuring they perform optimally under diverse

16 CONSTRUCTION OPPORTUNITIES|JANUARY 2025