V.G. Sakthikumar - Managing Director, Schwing Stetter India
There is a price impact with the BS IV engine which may have short-term resistance.
BS IV compliant engines are CRDI engines with ECU and Roller Tappet. We will be training the customer and operators on the advantages of ECU controlled BS IV engines.
Once we make our customers realise the advantages of the BS IV engine like reduced fuel consumption, easy trouble shooting, more operator friendly etc, we should be able to overcome any resistance.
Our finance schemes help the customers to get funding with ease.
We have tied up with banks and NBFCs to help customers get funding for our equipment with ease, and even the FTB (first time buyer) can get funding.