Page 26 - Construction_Opportunities_January_2026

INTERACTION COVER STORY

What is your assessment of the market potential for your key products, operations and long-term strategy?
product categories in India, and how do you foresee demand Propel has achieved an important milestone of using
trends evolving in 2026 and beyond? renewable energy for 100% of its electricity needs through
The Interest and adoption for electric trucks in India is steadily solar and wind energy (20 MW) – our contribution towards a
increasing in specific segments like mining, cement logistics and greener planet and a more sustainable future.
industrial goods transport.
We expect this to at least double by 2026 from the current level Any new launches or any new variants launched or being
and going forward get into double digit % presence for the launched.
segment volumes. During the recent EXCON 2025 exhibition, we showcased 90CED,
However, a lot of this will depend upon the infrastructure readiness 70CED high-capacity off-road electric dump trucks thereby further
and collaboration amongst various stakeholders like end users, strengthening our position in mining and also launched 560HEVx
LSPs, OEMs and ecosystem providers. and 470MEV Gen-2 for construction segment.
We also showcased Ultra-fast charging capabilities (20min
How is your organization embedding sustainability, cleaner charging), higher body volumes, advanced safety systems,
technologies and environmentally responsible practices into its and DGMS compliance as standard. Each of these products
has been developed with a clear application focus, aimed at
delivering higher productivity and up-time rather than incremental
specification upgrades.

What is the company’s approach to implementing the ‘Make in
India’ drive?. Are you exporting your products to the international
market and how is the response.
We are fully aligned with the Make in India vision, with indigenous
design, engineering, and system integration at the core of our
operations. Propel Group already exports crushing and screening
equipment to more than 50 countries, and we intend to leverage
this global presence as we plan a phased entry of our electric
trucks into international markets.

Do you offer equipment finance or do you have tie-ups with
finance companies for the same. Any innovative schemes
launched.
Most of the existing public as well as private banks and NBFCs are
funding our vehicles. We launch innovative schemes from time to
time depending on market demand and expectations.

26 CONSTRUCTION OPPORTUNITIES|JANUARY 2026