How do you look at the present market scenario of the Indian Construction Equipment Industry and its future growth in view of current focus on infrastructure development?
The present market scenario is very good and conducive for business. It is growing at the rate of 15%–20% per annum. The rate of growth in the construction equipment sector is expected to ontinue in next four to five years. The industry growth rate is directly linked to the economic growth of the developing country, which in turn is a factor for infrastructure growth. Major factors influencing the growth of the industry include the amount of road works, irrigation, and power projects including construction of dams, bank interest rates, the mining sector growth (coal, iron ore, etc)and the rural sector development. With the present emphasis on creating physical infrastructure, massive investment was planned during the 10th Plan.
For instance, Rs 1400 crore was provided for four-laning of Golden Quadrilateral project of National Highways Authority of India, the outlay for national highways development was increased to Rs. 9320 crore for 2005–06. With the Government of India’s sustained budgetary allocation and more funding by allocation and funding by international and multilateral development financial institutions for infrastructure development, it will indirectly result in increased demand for construction equipment.
Tell us about your company and product range offered to the Indian market.
Whether you are backfilling a trench, building a new highway, resurfacing a street or laying a new bridge deck, we will help you get to the bottom of things by ensuring that you use the very best equipment on top.
What is the technical USP of Dynapac?
We use latest and contemperory technology to manufacture quality and superior products. We give priority to research which is carried out in cooperation with universities in several ountries, whereas a major part of the tests are performed at our unique in-doors compaction test facilities in Karlskrona. Here, we are able to perform tests all around the year under equal Circumstances. We also have a laboratory equipped to analyse the materials we work with, be hey soil, concrete or asphalt´s. All tests are carefully monitored and follow standardised methods to produce results with a good statistical assurance. Naturally, a lot of the experienceon machine performance is gathered in the field on various work-sites around the world. This will make our future very good in India.
Are you offering compactors fitted with intelligent compaction systems in India? What are the benefits of this technology?
Yes we are offering intelligent compaction systems here. We are offering compaction meter, compaction analyzer, asphalt temperature systems, etc. The benefits are that your real times monitor the compaction being done by machines. It is very commonly used outside India.
Keeping in pace with the demand of your products—how are you sprucing up your distribution network and after sales back up support?
We have our own sales team and three sales dealers. Major parts warehouses are located outside Delhi. We have our service teams at Chennai, Bangalore, Assam, Delhi, Kolkata, Ahemadabad Mumbai, etc. We also establish our service teams and offices at new sites but it is based on the size of fleet and customers at that place.
What is your roadmap over the next five years?
We see more investments and expansion by acquiring a company and setting up new green field project to manufacture rollers and pavers. This will cater to Dynapac factories in Europe by supplying components and assemblies.