Schwing Stetter announces entry in CE sub segments
Equipment

Schwing Stetter announces entry in CE sub segments

Schwing Stetter India, one of the country's leading concreting & construction equipment manufacturers, recently announced new product line-ups at Excon 2023; the launched vehicles to strengthen the Schwing Stetter ecosystem and help address the pain points of the CE-subsegments mining, ports, material handling and road and highway infrastructure in India.

In addition, the company reported revenue of Rs 5,000+ crore in 2023 and credits its double-digit Year-over-Year (35% in 2023) growth to its continued R&D investments, unwavering focus on long-term growth plans, portfolio expansion across key industries and markets, and the determination of employees to perform and grow.

Speaking about the growth of Schwing Stetter India, V G Sakthikumar, Managing Director and Chairman, said, ?Demand for our construction and concreting equipment machinery has been increasing at a stellar rate since COVID-19; the record volumes over the years were possible because of the stimulus measures put in place by the Government of India (GoI) to boost infrastructure development in the country.

?Also, we are bullish about the short and long-term growth prospects for 2024 therefore, we have launched 31 new products for mining, shipping, and road & highway infrastructure industries, including port container handling, mining support, and road patching equipment at Excon 2023. As we add more product categories due to robust demand, we will soon become a one-stop shop for customers in the construction industry, he added.

At Excon, Schwing Stetter India displayed over 70+ machines and reiterated its sustainability efforts to achieve CO2 reduction in the environment.

Schwing Stetter India, one of the country's leading concreting & construction equipment manufacturers, recently announced new product line-ups at Excon 2023; the launched vehicles to strengthen the Schwing Stetter ecosystem and help address the pain points of the CE-subsegments mining, ports, material handling and road and highway infrastructure in India. In addition, the company reported revenue of Rs 5,000+ crore in 2023 and credits its double-digit Year-over-Year (35% in 2023) growth to its continued R&D investments, unwavering focus on long-term growth plans, portfolio expansion across key industries and markets, and the determination of employees to perform and grow. Speaking about the growth of Schwing Stetter India, V G Sakthikumar, Managing Director and Chairman, said, ?Demand for our construction and concreting equipment machinery has been increasing at a stellar rate since COVID-19; the record volumes over the years were possible because of the stimulus measures put in place by the Government of India (GoI) to boost infrastructure development in the country. ?Also, we are bullish about the short and long-term growth prospects for 2024 therefore, we have launched 31 new products for mining, shipping, and road & highway infrastructure industries, including port container handling, mining support, and road patching equipment at Excon 2023. As we add more product categories due to robust demand, we will soon become a one-stop shop for customers in the construction industry, he added. At Excon, Schwing Stetter India displayed over 70+ machines and reiterated its sustainability efforts to achieve CO2 reduction in the environment.

Next Story
Infrastructure Transport

Final 76 Km Stretch Of Samruddhi Mahamarg To Open June 5

Maharashtra Chief Minister Devendra Fadnavis is set to inaugurate the final 76-kilometre stretch of the Nagpur-Mumbai Super Communication Expressway on 5 June. The remaining segment between Igatpuri in Nashik and Amane in Thane will be opened to vehicular traffic on the same day, completing the 701-kilometre corridor.Constructed at an estimated cost of Rs 11.82 billion, the final section was jointly funded by the Maharashtra State Road Development Corporation (MSRDC) and the National Highways Authority of India (NHAI). It features three interchanges – at Igatpuri, Kutghar (Shahapur), and Ama..

Next Story
Infrastructure Transport

Over 800 Objections Filed Against Purandar Airport Land Plan

The land acquisition process for the proposed Purandar International Airport in Maharashtra has run into resistance, with the Pune district administration receiving over 800 formal objections from villagers across seven affected villages. These submissions will now be individually reviewed in scheduled hearings in the coming weeks.The objections come in response to a government notification issued in March 2025, declaring over 2,750 hectares of land—spread across 3,352 survey numbers in Vanpuri, Udachiwadi, Kumbharvalan, Ekhatpur, Munjwadi, Khanwadi, and Pargaon villages—as an ‘Industria..

Next Story
Infrastructure Transport

IndiGo, BIAL Partner To Build Bengaluru’s Largest MRO Hub

IndiGo has signed a Memorandum of Understanding (MoU) with Bangalore International Airport Ltd (BIAL) to develop a major Maintenance, Repair, and Overhaul (MRO) facility at Kempegowda International Airport. The initiative marks a significant step in boosting aircraft repair capabilities and operational efficiency for the airline’s growing fleet.As part of the agreement, BIAL will allocate approximately 31 acres of land for the dedicated MRO complex, which will support the maintenance of both narrow-body and wide-body aircraft. The facility is designed to improve aircraft availability and red..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?