Page 18 - Construction_Opportunities_March_2023

INTERACTION COVER STORY

believe that providing quality products, excellent after-sales service, geared to meet this demand.
and financing options that meet their unique needs is crucial. We We wish that the PLI Scheme given to auto industry will also be
also conduct various customer engagement programs, such as extended to the CE manufacturing industry as it is the third largest
product demonstrations and training sessions, to showcase our industry ranked globally, and hence the latent potential for exports
product offerings and build a strong relationship with our customers. in a big way.

How do you expect the market to shape up for the road Future outlook from a company perspective
construction equipment industry . What sort of government policies We expect the growth for India on two levers, one high demand
or measures will foster growth for the infra industry at large thereby due to the infrastructure development in line with the NIP and
propel the growth of CE industry. second the high potential in the export market. As the Construction
The Government is already contributing a lot the construction sector Equipment industry in India is poised for a tremendous growth, with
by promoting huge infrastructure development in the country. The a vision plan to be the second largest Construction and concrete
Govt believes the 5 trillion US $ economy can be realized only equipment in the world, Schwing Stetter India is aptly Prepared and
if the investment of 1.4 trillion US $ happens in the infrastructure, engaged to cater to this cause.
construction over the next five years. This directly benefits the CE The Global manufacturing hub will be a Global Supplier for
industry in terms of demand creation. Schwing Stetter India is Concreting and construction equipment.

18 CONSTRUCTION OPPORTUNITIES|MARCH 2023