Page 20 - Construction_Opportunities_Oct_2026

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INTERACTION driven and also with the performance requirement more and topic what I started 3 flat years always it followed with 3 very good
years. So we are expecting up to 29th election year again. So next
more buildings are becoming taller. So we want mid range pumps
3 years 27 , 28 , 29 to be very good. So with that hope I think we
th
th
which is traditionally not available. So we introduced those pumps
th
also which is there on the display. With respect to the expectation
are happy that things are going to be good.
from this exhibition and also the future business from India, we
are very positive. If you recollect between 2011 and 2015, we had
opportunities.
flat numbers. The market was just stagnant at that point of time.
Every company has plans to do something. The fact is we are
Then up to COVID there was a growth. 2018 was a peak year. Post What initiatives have been taken in the skilling side and job
COVID, 2023 it peaked. After that it is staying at the same level. If little ahead of our contemporaries who are in our space or in our
you talk about the industry volumes, it is more or less at the same manufacturing space because we cracked certain models. I am
around 130,000 to 140,000 numbers of equipment. Interestingly, in very happy to share with you the last factory which is in 50 acres of
the last three years, export has done well for everybody including land and 7 lakh square feet of constructed area. We have more
us. I will talk about more specific markets where we are doing than 1000 employees and the average age of these employees
good. So if you remove the export number and look only at the is 22.5. So we have to speak a different language with them. I
domestic number, the domestic number is flat. In spite of a flat mean if I have to tell how they are different from our other cluster
market, Swing Steter has done a single percentage growth in the of factory if I call for a cricket team I get one or two teams and
last three years. This year we are expecting close to a double now I get 22 teams in the new factory. So incidentally... They are
digit growth or even better. First six months was good, but second enthusiastic. They just not bother. They want to be participating in
six months, I am talking about January to June, the second six everything. And couple of things I am very happy to share with
months from July to December is going to be very good. you. One is since I talked about cricket I will complete it. We got
We have seen some recovery and growth in the earth moving the National Corporate League I think we finished number 3 in
machineries. In the last three months, generally there is a lag of India. But in terms of our people they qualified they represented
one quarter between earth moving machinery and concreting the district then the state then they won the national championship
machinery. So we expect this post rain, monsoon season, we and they represented India for the global competition.
expect the market to come back. So we have addressed all Last 3 years the BRICS competition for India is won by boys and
the trends which are likely to happen in the country with respect girls underline girls from India from Srivishettra factory. And I wanted
to the technology requirement, energy requirement and the to tell about they have never seen a welding machine before
product specification requirement. Coming back to specific they joined our operation our company. So the training is done to
topic on exports, we are making machines which are required that extent they are able to not only learn but excel and be the
in many markets. We are more aligned to the markets where the best in the world. So that is something which we are proud of. You
government of India has signed the free trade agreements. mentioned about the newly inaugurated Jamsil food factory is it
Wherever they have done the free trade agreement, we have only for the concrete mixers? At the moment it is only dedicated
started our export to those destinations. It is customers who were for our partner Tata Motors. We are giving opportunity for boys and
not buying because there is a concession available. They were not girls who are coming from the tribal belt of Jharkhand.
even aware of products made of high quality coming out of Indian Already we have in fact there is another proud thing to tell you the
market. So now that image has changed for the entire industry last batch of diploma boys and girls 40 of them they have come
and more so for us. So this year our numbers have increased to UK. to our company in Tamil Nadu from the state of Jammu Kashmir.
We have just started with Canada. We have started with Australia. So we are not helping only the boys and girls who are coming
We have already started with the US. And also the volumes have from Jharkhand and Jammu Kashmir where we also understand
picked up substantially for Africa and Middle East. South Asia is that opportunity is yet to start for them. We are playing a very
quiet except for Maldives and Nepal. Otherwise it is quiet because good role in bringing them first and also like you said there is a
regime change was there. All of them are settling down. tie up with the Vellore Institute of Technology to give engineering
degree opportunity for them. Today 200 people and they will be
Please share details on your expansions treated on par with any other engineering student passing out
We completed two major investments. The first investment is of such a prestigious institution. Even for a reasonable middle
expanding our existing factory which had 5 lakh square feet of class family if they have to get a seat in these colleges it is very
construction area increased by another 2 lakh square feet in our expensive. Being employee of Swing Shutter these 200 boys and
global manufacturing hub. So the new products whatever I talked girls are going to get that opportunity Actually we are ramping up.
about will have assembly lines in this facility. And apart from this We got the consent to operate only in August. So the first month
we inaugurated in the month of June a new facility in Jamshedpur we delivered something like 25 machines. September we will be
another spread on 10 acres with 1 lakh square feet. I think in terms making 50 machines. Next month we will go to 100 and by end
of capex and capacity building we have done what is required to of December it will be 200 and next year our plan is to ramp it up
be done to meet the next phase of growth in the next 2-3 years. to 400 per month.
So we are ready and also on the manufacturing capacity. And
we are working at the moment on supply chain also where our If you can elaborate more on the FTAs that is where a lot of
partners are also gearing up for meeting our increased number. potential lies and as you said many of them didn’t know about
So all we need is the demand to come back. Going back to the the Indian products which are as good as the European or US

20 CONSTRUCTION OPPORTUNITIES|OCTOBER 2026