Schwing Stetter MD: YoY demand for concrete equipment will be at 20-25%

11 May 2021 CW Team

Schwing Stetter is a pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling. Schwing Stetter (India) manufactures concrete batching plants, concrete placing booms, concrete pumps, truck mounted concrete boom pumps, shotcreting machines, concrete truck mixers for transporting readymade concrete to construction sites, concrete truck mixers with concrete pumps, concrete recycling plants, plastering pumps, self-loading concrete mixers, self-propelled concrete mixers and sludge pumps.

Speaking on the concrete equipment market, which is going through a difficult phase due to the coronavirus pandemic, VG Sakthi Kumar, Managing Director of Schwing Stetter (India), had this to say: “The concrete equipment market is no exception in this pandemic, but not to the level of other equipment segments like excavator, transport, haulage or similar equipment. We have seen the fast recovery in the end of 2020 and ended up in a decent sales volume (15% less than last year). The current market size is approximately at 150 batching plants, 150 concrete pumps, 750 concrete truck mixers and 350 to 400 self-loading mixers per month, provided the lockdown restrictions does not affect the demand from the industry. The year 2021 should see an increase of 20% over 2019.”

He added, “The YoY demand will be at 20 to 25% in today’s scenario. Roads and highways will be the real differentiator. Metros and high-speed rail will give the momentum to the business. This can be met by Government’s keen initiatives on completion of existing projects and awarding new projects.”

Read full interview

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..