Atlas Copco’s will continue with its core focus on superior portable air compressor and light tower quality and providing world-class service to its customers to ensure the value addition which is necessary in the current tough demand-supply situation due to the current Covid-19 pandemic impact. We also believe and support the #VocalForLocal initiative of the Indian government.
The construction sector in India is very important as it contributes to around 60% of the total investments, and it will come back strongly to support the economy’s revival.
This is an exceptional year and the pandemic has impacted projects worldwide. With the easing of the lockdown, we look forward to infrastructure and mining projects getting kick started, thereby giving us continued opportunities to touch lives and improve infrastructure needs of the people in India. We expect a staggered growth in the short-term but stability and greater demand in the long-term as the relief packages to boost the economy get implemented.
Once the projects resume their construction, it will be important to navigate the recovery phase well. The project implementation cost may go up and could experience a likely delay of a few months. Priority should be given to the clearance of pending projects and completion of projects nearing completion, which could act as a quick win for reviving the economy.
Our Power Connect mobile app supports customers online with the help of parts manuals and step-by-step assistance over the computer or phone.
We have taken the necessary steps to ensure social distancing and hygiene norms in our production facilities in Chakan and Dapodi located in Pune. We maintain the highest norms for employee care while ensuring that our equipment meets the quality and performance parameters, which our customers have come to know and expect. Besides this, our service team follows the strict predefined SOPs for on-site visits, which are necessary to ensure our portable air compressors and light towers are always up and running.
Collaboration is going to be important for a faster recovery for all sectors. Take for example, the waterwell compressor segment. The rig owners’ association in Tiruchengode is going to play a key role in restarting drilling operations and we stay connected and understand their concerns while shaping up our portfolio for their upcoming needs. Our close coordination with engine manufacturers and key component suppliers is also what we focus on to ensure them of our support.
We also manage service requests remotely wherever possible with our Power Connect mobile app designed to support customers online with the help of parts manuals and step-by-step assistance over the computer or phone.
India is a growing economy, and looking at the overall infrastructure requirements coming up, we expect this healthy trend to continue in the coming years as well.
The Indian market will continue to focus on infrastructure projects by offering products that meet customer’s needs and ensures them long-term benefits. The construction and infrastructure segment requires more innovation in all areas of core infrastructure such as roads, metro rail, expressway, airports and expansions of existing highways. At Atlas Copco, we have products to match this requirement. We offer a range of portable air compressors for quarrying applications. Portable air compressors are required in the irrigation segment to provide water for drinking needs where our advanced waterwell compressors are successfully deployed in large irrigation projects.
With time-bound projects and the need for 24x7 action to ensure on-time completion, technology that ensures reliable light on site, will bring the required support for meeting the infrastructure project deadlines.
Undoubtedly, the road segment is where the power equipment such as portable air compressors and light towers are most in demand. We are continuously innovating to match our compressor offerings to customer needs. We have launched the next-gen portable air compressors with PACE breakthrough technology in the shallow water well drilling and mining segment. We also undertake many field trials and invest more than a year of R&D before launching any new products. A customer always sees the value he will get from the product he is buying. Therefore, other than launching new products, technology advancements are always in our pipeline.
As leaders in innovation we will keep investing in R&D and continue our focus on localization and developing new technology. We look forward to the Indian government further fueling the pace of the #VocalForLocal so that we too can be a major contributor to the Make in India vision.
Having had a successful run India for the last 60 years, as market leaders, we have already introduced many firsts in the country in terms of portable air compressed technology, flow and pressure combinations and products to suit the local application needs.
Most of our components are already localized to ensure faster turnaround on production. Most importantly, we are equipped with a greenfield state of the art factory with the latest manufacturing technology, which is ensuring a higher manufacturing capacity. The Chakan plant is 19000 sqm and is built in accordance with LEED (Leadership in Environmental Energy and Design) - based on IGBC rating system.
Our portable air compressors play a pivotal role in quarrying and mining applications. The quarrying application specifically, is a segment of paramount importance, looking at the amount of stone required for infrastructure projects. Similarly, extraction of minerals such as iron ore, manganese etc with reliable portable air compressors that have the lowest possible energy consumption, is an important application under metal mining.
Our main goal is that we should be able to serve the market demand and need for the latest innovations in technology and on-time deliveries on site.