Concrete Gaps

24 May 2024 CW Team

CW identifies concrete equipment that is missing as well as machines that should be more widely deployed.

Concrete equipment spanning concrete mixers, batching plants, concrete pumps, boom pumps, shotcrete and fixed-form pavers jointly recorded a 19 per cent year-on-year increase in FY24, according to the Indian Construction Equipment Manufacturers Association (ICEMA). Of the 14,034 units sold, concrete mixers accounted for 58 per cent, followed at a distance by stationary concrete pumps, with an 18 per cent share, and batching plants at 10 per cent.

Infrastructure projects are the key driver of this appreciable growth. That said, CW explores whether adding options to the existing portfolio of concrete equipment used to construct roads and buildings would drive the segment to new heights...

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