Rajiv Chaturvedi, Vice President – Sales and Marketing, After sales and Parts, Hyundai Construction Equipment IndiaHow is your company preparing for Excon 2023?Excon being largest construction equipment exhibition in South Asia brings together key stake holders. For OEMs like us Excon platform is used to demonstrate highly advanced technology products and solutions. Further, direct communication with customers, helps OEM understand root level need and application of machinery. While if you look at from customer perspective, he gets to know about various available equipment options, technology and solutions for their applications. Furthermore, he gets the hands-on experience of machine which otherwise is difficult.At Excon 2023, we will exhibit our range of new excavators and wheel loaders that have been indigenously manufactured at our Chakan plant under the ‘Make in India’ initiative. On display will be Hyundai’s 3 and 5-tonne wheel loaders, and (for the first time) its HX Series of 36-tonne excavators. Visitors will also see our new Smart+Excavators, which are an improved version of the Robex series under the 8-14-15-20 and 30-tonne range. These products feature digitalisation, a new design, and aggregates that improve performance and lifecycle costs.Will your company be launching any products or initiatives at Excon 2023 that will align with Excon’s theme of “Building a Better World” through sustainable practices?Hyundai India’s brand philosophy ‘Building a Comfortable Tomorrow’ is evident in its new Smart+ Series excavators and other products that offer global standard best in class features like advanced hydraulics, fuel efficient engines, ergonomically designed cabins, etc. The products deliver higher performance and precision, along with real time performance assessment since they are completely IoT enabled. Our products with their advanced mechanisms and safety features have positioned Hyundai in the top ranks of the Indian excavator market and we are also a major exporter to over 30 countries including the Middle East, African and SAARC countries. Hyundai India has produced approximately 45,000 units of excavators since it started production in India in 2008.Hyundai India is initiating higher utilisation of its machines across their total lifecycle by rebuilding/remanufacturing at its Chakan facility. Under the programme, the company is rebuilding machines sourced from the market wherein it completely rebuilds all the components like tracks, idlers, rollers, engines, booms, arm buckets, etc.Another rebuilding exercise entails providing an ‘extended service life’ backed by a warranty. Under this, Hyundai takes back products from dealers, rebuilds, and sells them at discounted prices. The company is also encouraging some of its dealers to undertake rebuilding of the equipment.How do you look at the market in India for your products?We do expect market requirement is going to increase in India as Government has proposed projects like road construction, river linking, PM Awaas Yojna, Jal Jeevan mission, greenfield airports will improve the demand which will also supported by improved mining activities. Same has also been highlighted in ICEMA Vision Document. Hyundai India, being the second largest stakeholder in Indian excavator market, is very much a part of the Government’s mega infrastructure development programme.