Investment in infrastructure and quick clearance of projects will be the key drivers for Indian crane industry- RB PandeyGM & Head (Marketing), ABG Cranes
Indian crane market has slowed down during the last few months in the line with general downward trend, currently existing in all segments. But the inevitable need of infrastructure growth is keeping the hopes alive. Every customer is maintaining a wait-and-watch policy, at the same time no one has made any change in their projections regarding capital equipment requirements in future. Yes, it is a positive sign.
Demand in Indian crane industryDuring the past couple of years, India has seen a growth in demand for higher capacity mobile cranes, and this trend will continue. There is remarkable improvement in acceptance among customers about quality and reliability of indigenous cranes. These cranes are also developed considering local situations. Hence demand for indigenously developed cranes will continue to rise.
Key drivers for growthInvestment in infrastructure and quick clearance of projects will be key drivers.
India’s stance on indigenously developed cranesIndigenously developed cranes have been well accepted in India. Indian consumers appreciate use of imported components, reliability of cranes due to good workmanship, local availability of spare parts, service personnel, competitive price and design of machines by Indian engineers for Indian working conditions, and long life of machines. In short, Indian consumers look for a world-class crane from a local company.
Innovations in ABG CranesABG manufactures crawler cranes with 40MT, 80MT, 100MT and 160MT lifting capacity. Its cranes use latest technology and offers best features in the industry. In some models, ABG Cranes’ features are so advanced— like luffing jib, self-erection and dismantling facility in 160 MT cranes — only handful manufactures can match.
Import of used cranes Import of used cranes has reduced substantially as customers have started demanding new cranes. It might be after-effect of many accidents involving old used cranes.