With a stable government in place, the equipment industry is hopeful of a speedy revival. The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years.
With a wide range of offerings on display at bC India 2013, Chicago Pneumatic Construction Equipment is geared to face every challenge going forward and build its brand in the country. Nitin Lall, General Manager, tells us more about the company's products, plans and prospects.
We have already launched few products but for the first time have showcased them on a larger platform through Excon. So we will launch a new roller CC425 from Dynapac range of Atlas Copco road construction equipment, and coinciding with the prime minister’s vision of ‘Make in India’, we have launched a baby roller from the Indian manufacturing facility.
The industry is upbeat about the growth prospects with the government recently announcing several initiatives such as the Bharatmala project to construct over 83,000 km with an investment outlay of Rs 7 lakh crore in the next five years, says Nitin Lall, General Manager, Atlas Copco (India), Power Technique Customer Center.