At EXCON, the new products we will be exhibiting are: EX215LC-SLR: a super long reach machine for long-reach applications and 20 T quarry variant excavator for quarry specific applications.
What is your expectation from the EXCON ’19?
EXCON is the premier construction equipment and technology trade fair and conference, which has both national and international presence. The exhibition provides an exceptional platform for participants to leverage the opportunities in the Construction Equipment industry in India. EXCON has emerged as a mega business event, attracting stakeholders with its sheer size and the range of products showcased. EXCON 2019 is set to further build up scale and stature to put India’s CE industry on the global map.
What are the new product launches you have planned for Excon 19?
At EXCON, the new products we will be exhibiting are: EX215LC-SLR: a super long reach machine for long-reach applications and 20 T quarry variant excavator for quarry specific applications. We will also be displaying our range of hydraulic excavators (both in the economy and the premium segment), our all-new Backhoe Loader, SHINRAI and the indigenized wheel loader TL340H. Apart from this, there will be a display of our Attachments and Spare Parts.
How do you respond to the market, what are the USP of your products that allows you to stand tall?
Our comprehensive range of Excavators include 2T to 40T hydraulic excavators for the Infrastructure sector, 45 to 120 tons for the mining sector and the ultra-large 190 to 800-ton excavators for specialised heavy-duty mining. These products, amongst others, are a part of our latest EX super+ series and the technologically advanced ZAXIS GI series. We also have a range of wheeled products – the fuel-efficient Wheel Loader and the recently launched all-new Backhoe Loader – Tata Hitachi Shinrai.
According to you, did the government policies rejuvenate an ailing market and make way for the construction equipment manufacturers to capitalize?
The Government has initiated various steps for accelerating infrastructure development. Investment and implementation of key projects along with corrective measures and industry-friendly policies of the Government we believe will greatly help the infrastructure development in our country.
What is your view on the future of the construction equipment market?
We expect demand to slowly recover in the 2nd half of the year, given the Govts focus on infrastructure as well as the various measures taken to improve business sentiment & availability of liquidity.
India’s infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects such as roads and highways, rural connectivity, urban infrastructure including metro rail projects, ports and airports, industrial corridors, smart city projects, etc.
In terms of growth, we do see that the Mini excavator segment & the mining excavator sector showing significant opportunity in the near term given the increasing mechanization of construction in the country. In case of mining – the sector has performed much below potential in the last few years, however, with the various steps being taken by the government to increase the production of coal & iron ore – it is expected to better.
Hemant Mathur, Assistant Vice President, Sales and Marketing, Tata Hitachi Construction
Machinery Company Private Ltd.