Abhijeet Pai, President, Puzzolana

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 in the equipment purchaser.

The demand factors have been strengthened with the government taking various steps to promote infrastructure growth such as its ambitious road development program.
There is no shortage of demand actually; rather, the demand factors have been strengthened further with the government taking various initiatives to promote infrastructure growth such as its ambitious road development program. However, the CE industry is facing a paucity of funds from the banks and non-banking finance companies, due to reasons quite obviously related to non-performing assets.

The present Covid-19 scenario has been another dampener. We have to wait and see how soon the situation normalizes and brings back the earlier level of business confidence in the prospective equipment owners. Since there is a lot of skepticism in the banks and NBFCs, we should take a more collaborative approach with the lenders so that they can repose more faith in the equipment purchaser.

Demand of equipment can be propelled through proactive engagement with customers during the current challenging period, when customers are looking to lower their operating costs while enhancing productivity. Engaging with customers will enable the manufacturers to understand their requirements, which, in turn, will facilitate new product developments, innovative solutions for higher efficiencies in operation, productivity, and ease of maintenance.

The organizers of bauma CONEXPO INDIA must package the upcoming event in a manner that will help us draw business after the lull.
Rescheduling the bauma CONEXPO INDIA dates to February 2021 is the right decision in view of the aftermath of Covid-19. The Conexpo USA was a lackluster event due to very low participation by the OEMs and the visitors. bauma CONEXPO INDIA has been an important platform to showcase our products and drive business, however, it will be vital for the organizers to package the future event in a manner that will help us draw business after the lull.

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 ...

K. Jalandhar Reddy, Executive Director, KNR Construction

Artificial intelligence, robots, and machine learning improve worker productivity in construction sites, cut down project costs and improve Read More ...
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