India offers a huge opportunity for the growth of the construction equipment industry
Equipment

India offers a huge opportunity for the growth of the construction equipment industry

Ammann is a world-leading supplier of mixing plants, machines and services to the construction industry with core expertise in road building and transportation infrastructure. Anand Sundaresan, Managing Director, Ammann India, speaks on the various technological displays during EXCON....

Ammann is a world-leading supplier of mixing plants, machines and services to the construction industry with core expertise in road building and transportation infrastructure. Anand Sundaresan, Managing Director, Ammann India, speaks on the various technological displays during EXCON. At EXCON: We are displaying all our latest products and have invited every customer from all the parts of the country. In the pipeline: Ammann Schweiz AG has invested about Rs. 2 billion and has set up a state-of-the-art manufacturing facility in Mehsana, near Ahmedabad. The old production halls have been replaced with newer buildings, additional structures, and production halls. The investments included a state-of-the-art fabrication facility with modern cutting and welding machines, and robotic welding machines. Areas of opportunity: Undoubtedly, India offers a huge opportunity for the growth of the construction equipment industry, due to the government’s focus and thrust on infrastructure development. The recent Budget has been quite encouraging for the industry. It is an investment-oriented one with over a 35 per cent increase in CAPEX outlay for infrastructure development covering road, river linking, railways, and affordable housing, amongst others. The Gati Shakti master plan will spur road construction activity.

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