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EquipmEnt SphErE-prE bc india We expect CE sector to boom in next 2-3 yrs With evolving infrastructure opportunities Wirtgen India is hopeful of a growth revival in the CE sector in the next 12 months. RAMESH PALAGIRI, MD & CEO, WIRTGEN INDIA offered CONSTRUCTION OPPORTUNITIES his assessment of the company’s prospects. Briefly give us an assessment of the The arena enabled our customers to gain CE market? performance of your company this year a first look at the latest range of products. The construction equipment (CE) market and the range of products introduced? The bC India exhibition is a good should definitely pick up in the next The last fiscal has been flat for the opportunity for visitors to witness a wide 12 months. We expect the boom in the company with a very small growth of 5 range of equipments, latest technologies sector to return in the next 2-3 years. per cent. However, we are expanding to and state-of -the art machineries from The bottlenecks which had affected brighten up the prospects for the future. both Indian and global companies. The the infrastructure industry have surely We will be setting up a new manufacturing distinct range of our products displayed resulted in its slowdown and also affected unit for producing screening machineries at bC India including latest product the CE companies. Once these hurdles are in Pune, which will be operational by innovation demonstrates our prominence addressed, the growth is sure to be seen. 2015. We would also shortly commence as a global market leader in the mobile However, Wirtgen India will be offering new production of pavers for the Indian market. road construction machinery segment. products to the market and introduce new Our recent focus is to increase and Furthermore, we look upon the expo as innovations like Cold Milling and Recycling strengthen our sales and service network a platform to showcase Wirtgen Group technologies to the Indian market. We and offer new products to the market. as a complete solution provider for road have already initiated numerous steps to We will be also undertaking measures building, road rehabilitation, mobile implement these plans and the results are to introduce innovative technologies to crushing and screening plants. already being visible. u the Indian market like Cold Milling and Recycling. The demand for such products What is your view of bC India being and technologies are already on a rise hosted at a new location – Noida? in the Indian market. The manufacturing We are very happy with the decision of products locally makes it more cost on relocating bC India in the northern effective and competitive for the Indian part of India – Greater Noida near New market. Delhi. New Delhi is a favourable location as maximum number of infrastructure Please give us a feedback of your projects are emerging from this part of participation at the bC India show in the country. Moreover, our customers Mumbai in 2013 and the new products often visit New Delhi for client meetings you are looking to launch at the expo and this opportunity enables them to visit this year? the exhibition as well. The previous edition of bC India provided a good platform, where we showcased our What are the new strategies you are innovative technologies and machineries. looking to adopt in a highly competitive NOVEMBER 2014|construction opportunities 61
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