Parijatha Machinery

Ramesh Jayaram, Managing Director
Ramesh Jayaram, Managing Director
Parijatha has always focused on developing environment-friendly products. Our flyash based brick and block making machines are the most successful in the market due to their proven utilization of the maximum percentage of fly ash as compared to other machines in the market. Moreover, they consume the least amount of power, without compromising on performance and efficiency. Due to their innovative features and a robust construction design, our machines consume the least number of consumable parts, and thereby reduce their running costs, while also conserving the environment.

Having a strong Infrastructure can spur the economy and the country into the next level.
The growth prospects in the Infrastructure construction is bound to see a growth in the long term but due to other pressing issues and commitments the government has at present, the inflow of funds is bound to be restricted. So, new investments on capital goods is bound to be restricted. As machinery manufacturers, we have seen a positive growth in the last couple of months, despite the extraordinary situation, mainly due to companies willing to make the best of the various schemes offered for MSMEs by the government.

Obviously, the government’s priority will be health care, jobs for migrant workers, and boosting the economy. Achieving all of them simultaneously is quite a challenge for any country. Having sufficient resources and a formidable war chest can make a huge difference during such times. Unfortunately, India does not have that luxury and has lesser money to spend. Smart management with timely course corrections can help us manage the situation better, but, as I have mentioned, its only “manage” and nothing more. We have wasted a lot of opportunities during the golden years and hope we have at least learnt our lessons that having a strong Infrastructure can spur the economy and the country into the next level.

As mentioned, investment in machinery and equipment is the least and last of the options and therefore cannot expect to see exponential growth. Thankfully, timely and well-managed lockdown measures have ensured restart of the economy due to which orders are already beginning to flow. Now, the challenges of logistics, safe travel and movement of technicians is to be addressed, for which all precautionary measures are being taken at every stage. Moreover, shortage of materials and skilled manpower has thrown more challenges which needs to be managed effectively.

Parijatha Machinery

We have taken an innovative step towards making the whole or part process of installation and commissioning done by the customer himself, based on semi-assembled or fully assembled machines at the sites.
Overall, this situation, though unprecedented, is sure to bring out the best in us. Also, we have taken an innovative step towards making the whole or part process of installation and commissioning done by the customer himself based on semi-assembled or fully assembled machines sent to sites, detailed pictorial and graphical representations of step by step installation procedures, simulative videos, online support, programming, remote trial running of the machines, video and graphical aids for operator training, etc. all of which can help the customer install the machines fully or at least partly so that the role of our onsite technicians is minimized, or totally eliminated. This was successfully implemented by us for few customers in India and internationally and will be fine-tuned further considering the new normal we are likely to see in the coming days.

Contractors, OEMs, and financial institutions need to analyze their problems and work amicably together for the mutual benefit of all the stakeholders.
The fact is that a confluence of contractors, OEMs, and financial institutions for the revival of projects was already there, but now the challenge is how each of them is able to understand their problems and work amicably so that it is beneficial to all. However, the role of financial institutions is especially important since they have to provide the necessary relief of adequate funding as per the proposals, in a timely manner. Also, awareness of all the beneficial schemes especially to MSMEs should be highlighted and help in their utilization in a proper manner.

Unnecessary regulations, poor infra- structure, and inadequate government support kills innovation, which India used to be famed for. Thankfully, the Covid-19 situation has given us the opportunity to once again promote our local industry and develop new technologies.
The supply and timely availability of components/parts for equipment manufacturers and equipment, in general, is becoming more and more difficult - thanks to our over-dependence on imports. Sadly, the Make in India remains just a great idea and nothing else. Cheap imports, especially from China, have killed our industry as most found this an easy way out. We have to start producing ourselves in India to serve our huge market and to generate employment. We can succeed in this only if the MSME sector is well supported and allowed to function smoothly without needless hurdles.

Running a manufacturing industry in India is a challenge and the world salutes our entrepreneurs for surviving this hostile environment and the hurdles we incessantly face on a day to day basis. Unnecessary regulations, poor infrastructure, and inadequate government support kills innovation, which India used to be famed for. Thankfully, we again have a golden opportunity due to the Covid-19 situation; we need to promote local industry and technology, impose higher tariffs on cheap imports from countries who covertly and overtly support their own industry to create an unfair advantage by denying our entrepreneurs a chance to even throw the challenge.

The immediate priority for the government is to identify the stressed industries and provide adequate support to them. Also, items which are priced disruptively should be categorized in the negative list of imports and completely banned. Any previous agreements can be superseded based on the current situation. Likewise, exports should be encouraged so that the industry matures and upgrades to the international level. All this, with a range of timely measures and course corrections based on changing situations, is the need of the hour.

NBM&CW July 2020

Bhupinder Singh, CEO, bauma CONEXPO INDIA

Exhibitors have welcomed the new dates for bauma CONEXPO INDIA as it will allow companies time to recover from the ongoing crisis and stabilise operations Read More ...

Arvind K. Garg, Chairman, bauma CONEXPO INDIA - Task Force and Executive Vice President and Head - Construction and Mining Machinery Business at Larsen & Toubro

Rescheduling the event to February 2021, would act as a catalyst in the Read More ...

Sandeep Singh, President, iCEMA & Managing Director, Tata Hitachi

The CE Industry is fighting battles on many fronts, including very low levels of plant capacity utilization and sales, and consequent impact on company Read More ...

Mu. Moahan, President, BAI

The government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected Read More ...

Dimitrov Krishnan, MD, Volvo CE India

The central government should form a task force of ministers to review progress reports and identify issues that need to be resolved to kickstart the Infra Read More ...

Ramesh Palagiri, MD & CEO, Wirtgen India

Rebooting activities in the Infra sector and more so in the road sector is critical for the economy. We expect the road construction activity to pick up pace from Read More ...

Deepak Garg, Managing Director, SANY India & SOUTH ASIA

Technological evolution at frequent intervals, manpower management, right allocation of budget, and efficient management of cash flow Read More ...

Devendra Kumar Vyas, MD - Srei Equipment Finance Limited

The Government’s commitment is evident from its initiative of setting up NIP involving investments of Rs. 111 trillion over five years up to 2025. Read More ...

Jasmeet Singh, AVP, Corporate Communications, JCB India

Going forward, two key sectors are set to emerge and drive demand for construction equipment – first being the development of infrastructure in Read More ...

Sorab Agarwal, Executive Director, ACE

The CE industry will see growth in FY2022 - in similar numbers as seen in FY2020 - as are we are sure that the Government will find ways to keep the ball rolling Read More ...

Anuj Dayal, Executive Director, Corporate Communication, DMRC

Despite use of cutting-edge technologies in construction, mammoth projects are still dependent on labour involvement and their shortage Read More ...

Anand Sundaresan, Managing Director, Ammann India

Going forward, from FY 2021 beginning, we can expect many contracts being finalized by the Central and State governments Read More ...

Ajay Mandahr, CEO, Escorts Construction Equipment

The CE sector has a great future ahead and we expect 20-25% growth from next year onwards for the next 3-4 years. The anticipated recovery in the H-2 Read More ...

Puneet Vidyarthi, Brand Leader, CASE India

We are confident that the several measures announced by the government to reinvigorate the infra sector and revive the economy will help bring back Read More ...

Jaideep Shekhar, MD (Asia & EMEAR), TEREX Materials Processing India

We expect to see a modest growth in demand in 2021 vs 2020 and then a much steeper growth 2022 onwards. Most of the demand is expected to come Read More ...

Abhijeet Pai, President, Puzzolana

Since there is a lot of scepticism in the banks and NBFCs, we should take a more collaborative approach with the lenders so that they can repose more faith Read More ...
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