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.

Related Stories

Gold Stories

Next Story
Products

Hindware promotes timeless bathroom design this Independence Day

Hindware has launched an Independence Day campaign encouraging homeowners to adopt timeless, personalised home interiors, with a focus on all-white bathroom designs.The company said white bathroom fixtures provide a neutral base that can be adapted to changing décor preferences while maintaining a clean and uncluttered aesthetic. Its White WC Collection, along with white basins and bathtubs, is positioned as a solution for creating bright, spacious and cohesive bathrooms.Hindware also showcased Queo's Aura and Spectra white basin series. While the Aura range features geometric designs suited ..

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement