Industry bigwigs from JCB, Tata Hitachi, Kobelco, Sany, L&T, Schwing Stetter and SDLG share their views on the Excavator Market of India, the way forward, and the factors that are giving rise to a positive sentiment. Reports Maria R.
The excavator market of India is witnessing increasing competition with players striving to meet customer expectations by introducing more advanced excavator models and making improvements in their existing range of excavators to enhance their productivity and efficiency. The OEMs are also focussing on machine design and considering use of materials like carbon fiber, plastic, aluminium, ultra-high strength steel etc for reducing the weight of the equipment, without compromising machine stability, strength, and durability. Some OEMs are also undertaking R&D on the use of alternate fuels and electrification in a bid to reduce carbon emissions. All these factors bode well for the growth of the excavator market in the coming years.