Crane Owners Association Of India (COAOI)
We foresee an industry driven by innovation and policy support, fostering partnerships and investing in green technology to serve as a model for sustainable development in the construction sector.
Premal Thaker, President, Crane Owners Association Of India (COAOI)
What is the current size and scope of the Crane Industry in India?
The Crane Industry in India has seen substantial growth in the past decade, with rising infrastructure projects and government initiatives such as Make in India and the National Infrastructure Pipeline. Currently, the market size is expanding at a steady pace, catering to various segments like construction, mining, and logistics. As per recent estimates, the industry is valued in billions and continues to grow annually due to increased demand from public infrastructure and industrial projects.
What are the recent innovations in Crane Industry?
The crane industry has seen advancements such as hybrid and electric cranes, regenerative braking systems, and AI-driven energy management. These technologies reduce fuel consumption, emissions, and noise. Remote monitoring through IoT-based systems has improved efficiency, enabling predictive maintenance and reducing energy expenditure.
What regulatory and policy challenges does the Crane Industry faces?
The regulatory landscape in India can be complex, with multiple agencies enforcing different standards, which sometimes leads to operational inefficiencies. Also transitioning to green technology involves significant costs, which can be challenging for smaller operators. COAOI is advocating for clear, supportive policies that encourage sustainable investments without imposing excessive burdens on industry players.
What are the Training and Skill Development Programs organised by COAOI?
COAOI emphasizes skill development with specialized training programs focusing on sustainable practices, equipment handling, and safety. We partner with industry experts and training institutes to ensure our workforce is well-versed in the latest eco-friendly technologies and practices, preparing them for the future demands of the crane industry.
What sustainable practices is COAOI promoting?
The construction equipment industry is increasingly prioritizing green solutions, with a shift toward energy-efficient machinery, electric and hybrid models. Environmental regulations are becoming stricter, pushing for lower emissions and noise pollution. The demand for eco-friendly equipment has also spurred interest aligning with India’s sustainability goals.
COAOI has been addressing industry needs and proactively promoting sustainable practices. It conducts workshops, seminars, and awareness campaigns to educate members on the benefits of sustainable practices. COAOI also partners with environmental bodies, encouraging members to adopt eco-friendly technologies, engage in waste reduction practices, and comply with stringent emission norms. Our certification programs also encourage members to achieve standards that reflect a commitment to sustainability.
How are crane manufacturers adapting to green practices and what is the impact on operational efficiency and cost-effectiveness?
COAOI brings together stakeholders—manufacturers, operators, and government bodies—to discuss and implement sustainable practices. We serve as an industry voice, advocating policies and standards that support sustainable construction equipment.
Manufacturers are investing in research and development to enhance fuel efficiency, reduce emissions, and incorporate digital solutions like telematics to monitor and optimize operations. Crane owners are training employees on sustainable practices, ensuring adherence to eco-friendly standards.
Adopting green practices can initially increase operational costs, but over time, it leads to greater efficiency and cost savings. Reduced fuel consumption, predictive maintenance, and optimized operations cut down on waste and overheads, contributing to long-term profitability. Green practices also enhance a company’s reputation, which can lead to more business opportunities.
