28 February 2020

Table of Contents for Equipment Sphere-Pre bC India

Interview - Ramesh Palagiri (Wirtgen 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 performance of your company this year and the range of products introduced?

The last fiscal has been flat for the company with a very small growth of 5 per cent. However, we are expanding to brighten up the prospects for the future. We will be setting up a new manufacturing unit for producing screening machineries in Pune, which will be operational by 2015. We would also shortly commence production of pavers for the Indian market. Our recent  focus  is  to  increase  and  strengthen our sales and service network  and offer new products to the market. We will be also undertaking measures to introduce innovative technologies to the Indian market like Cold Milling and Recycling. The demand for such products and technologies are already on a rise in the Indian market. The manufacturing of products locally makes it more cost effective and competitive for the Indian market.


Please give us a feedback of your participation at the bC India show in Mumbai in 2013 and the new products you are looking to launch at the expo this year?

The previous edition of bC India provided a good platform, where we showcased our innovative technologies and machineries. The arena enabled our customers to gain a first look at the latest range of products. The bC India exhibition is a good opportunity for visitors to witness a wide range of equipments, latest technologies and state-of -the art machineries from both Indian and global companies. The distinct range of our products displayed at bC India including latest product innovation demonstrates our prominence as a global market leader in the mobile road construction machinery segment. Furthermore, we look upon the expo as a platform to showcase Wirtgen Group as a complete solution provider for road building, road rehabilitation, mobile crushing and screening plants.


What is your view of bC India being hosted at a new location – Noida?

We are very happy with the decision on relocating bC India in the northern part of India – Greater Noida near New Delhi. New Delhi is a favourable location as maximum number of infrastructure projects are emerging from this part of the country. Moreover, our customers often visit New Delhi for client meetings and this opportunity enables them to visit the exhibition as well.


What are the new strategies you are looking to adopt in a highly competitive CE market?

The construction equipment (CE) market should definitely pick up in the next 12 months. We expect the boom in the sector to return in the next 2-3 years. The bottlenecks which had affected the infrastructure industry have surely resulted in its slowdown and also affected the CE companies. Once these hurdles are addressed, the growth is sure to be seen.

However, Wirtgen India will be offering new products to the market and introduce new innovations like Cold Milling and Recycling technologies to the Indian market. We have already initiated numerous steps to implement these plans and the results are already being visible.


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