Page 17 - Construction_Opportunities_March_2023
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COVER STORY

           understanding of consumer requirements. The mobile cranes are   conducts continuous market research to come up with new and
           available in a range of sizes, and the pre-production processes for   innovative features that help our machines stand out in the industry.
           larger size cranes are nearing completion. The tower cranes have   Our excavators come equipped with features such as fuel-saving  INTERACTION
           SLI for accurate and safe handling of material within the rated   technology that does not affect the operating power and torque
           load capacity, split type mast sections for easy transportation and   of the machine. We also offer durability, consistency of output,
           handling, ACD (Anti-Collision Device) for safety, and patented   productivity, and reliability, all of which are important features for
           telescoping technology for smoother operation of telescopic   our customers.
           structure. The motor graders have features like AccuGrade, which
           provides better control and precision during grading operations,   Are you looking to add new equipment to you existing product
           and ECO mode, which ensures higher fuel efficiency.  portfolio?
                                                               As a leading CE manufacturer in India, SCHWING Stetter India is
           Give us an understanding of their key features in terms of safety,   always looking for opportunities to expand our product portfolio.
           ease of operating your machines, operator comfort , cost   We continuously monitor the market and explore new technologies
           efficiency etc their specific advantages. Also brief us on the   and innovations to enhance our product offerings. However, any
           training initiatives undertaken by your company to ensure projects   new equipment added to our product portfolio will be based on
           are completed on time in a cost effective manner.   a thorough analysis of the market demand and feasibility studies.
           The key features of SCHWING Stetter India’s road construction
           equipment include safety, ease of operation, operator comfort,   What are the trends driving purchase or hire of road construction
           and cost efficiency. The mobile cranes and tower cranes have   equipment market in India? To what extent is consumer behavior
           safety features like wind speed alarms, alarms for operation on   influenced by cost?
           uneven ground, and swing/travel alarms to ensure the operator is   The main trend driving the purchase or hire of road construction
           well informed of operating conditions and can avoid any probable   equipment in India is the increasing demand for infrastructure
           operating difficulties. The machines have SLI for accurate and safe   development. With ongoing and upcoming projects such as
           handling of material within the rated load capacity, and the tower   metro  rail and  highway  projects,  there is  a high  demand for
           cranes have split type mast sections for easy transportation and   road construction equipment in the country. However, the cost
           handling. The mobile cranes and tower cranes are equipped   of equipment and the Total Cost of Operations (TCO) play an
           with patented telescoping technology for smoother operation   important role in the purchase decision of consumers. Rising fuel
           of telescopic  structure. The motor  graders  have  features like   prices and timely maintenance costs are some of the factors that
           AccuGrade for better control and precision during grading   affect the TCO, and customers look for products that provide the
           operations and ECO mode for higher fuel efficiency. SCHWING   best value for their money.
           Stetter India has undertaken various training initiatives to ensure
           projects are completed on time and in a cost-effective manner,   Detail us on any challenging road building project where
           including  operator training,  maintenance  training,  and  safety   your equipment were deployed and how the challenges were
           training.                                           overcome.
                                                               We have deployed our excavators in various challenging road
           Aftermarket services as a strategic differentiator.  building projects across the country. One such project was the
           Aftermarket services are a strategic differentiator for SCHWING   construction of the Delhi-Meerut Expressway. This project involved
           Stetter India. The company offers a range of aftermarket services   the construction of a 96-kilometer six-lane highway between Delhi
           like service agreements, parts support, operator and maintenance   and Meerut. The project had various challenges, including difficult
           training, equipment inspection, and repair services to ensure the   terrain, tight deadlines, and stringent quality requirements. Our
           equipment is always in top condition and performing optimally. The   excavators were deployed for excavation, land clearance, and
           company also has a dedicated team of service engineers and   other tasks, and we were able to overcome the challenges through
           technicians to provide prompt and efficient service to customers.  our robust machines and skilled workforce. Our machines provided
                                                               high productivity, reliability, and durability, enabling us to complete
           Please provide details on your emphasis on technology, research,   the project on time and within budget.
           design and innovation?  What are the advancements you have
           introduce or plan to introduce?                     Your comments on the financing of equipment, how fast and easy
           SCHWING Stetter India places a great emphasis on technology,   is it for a customer to get finance. What according to you will
           research, design, and innovation. We continuously strive to provide   enthuse customers to buy equipment and thereby increase sales.
           top-notch products that are designed and manufactured to suit   Financing of equipment is an important aspect of the construction
           the unique needs of our customers. Our excavator product range   equipment industry, and we work closely with various financial
           consists of machines which cater to small-scale, mid-sized and   institutions to provide financing options to our customers. The speed
           large-scale market requirements. We have been actively deploying   and ease of getting finance depend on various factors such as
           excavators for the past three years backed up by our premium   the creditworthiness of the customer, the type of equipment, and
           pan-Indian service & spares support. Our excavators are priced   the loan amount. However, we strive to provide our customers with
           in economic and premium range in relation to different models   a seamless and hassle-free financing experience.
           available in our product range. Our dedicated R&D department   To enthuse customers to buy equipment and increase sales, we


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