Requirement for bigger plants will come down in 2019

02 Jan 2019 CW Team

Premraj Keshyep, Managing Director, KYB Conmat, speaks on its tower plant, developing a compact plant, demand drivers for the coming year, and more….

One pathbreaking offering: We have introduced a tower plant for the city environment. The plant has a footprint of 6 m × 8 m with vertical space and works in a total dust-free environment.

Demand drivers in 2019: The last few years were mainly dominated by the roads and concrete road sector, and we had a lot of demand from the roads sector. Being an election year, I do not foresee new projects on roads to be in house, so the requirement for bigger plants will come down. However, the requirement for middle-level plants, like 60-75 cu m plants, will go up as the focus will be on completion of existing projects. I foresee the development of the irrigation sector.

Announcement contributing to the company’s growth in 2018: Realigning the product segment and introducing a compact plant were the major announcements. This time, we have developed a compact plant to give the offering for almost all sectors.

Challenge for the company in 2019: Challenges will be many on account of elections, thus leading to fluctuation in demand. Besides, a lot of Chinese companies are entering the market with lower prices but there is no effort to develop technology or introduce new technology.

Key strategy to success in 2019: We have a diverse portfolio and our focus on services is increasing.
Recommendation for the growth of the construction equipment market: We request the forthcoming government to maintain growth, and manufactures to put in efforts to develop technology rather than offering substandard machines.

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..