We have sensed a clear evident of spike in the market during 2012-15 but in the numbers, the market has taken a leap and reached a point what it had during 2011.
Berco Undercarriages (India)S. Sakthi Kumar, Managing Director, Berco Undercarriages (India) Pvt. Ltd
“The market behaved as anticipated with 20 per cent growth in the construction equipment industry augur for better prospects. The major gainers for the year 2016 were the industries involved with backhoe loader, crawler excavators, mobile cranes and mobile compressor and compaction equipment,” says S. Sakthi Kumar, Managing Director, Berco Undercarriages (India) Pvt Ltd on the recent performance of the construction equipment industry in India. He further says, “Currently, the biggest challenge is to keep the momentum up where market looking anxiously for rollout of stalled bigger projects by government and more growth in mining sector. In all at the macro level the market is looking sound.”
Looking for faster growth
When asked about how the year 2016 was for the company, Sakthi Kumar said, “We have sensed a clear evident of spike in the market during 2012-15. However, in the numbers, the market has taken a leap and reached a point what it had during 2011. Despite having a significant demand, our growth was limited to 5-6 per cent. We are looking for a faster growth in the ensuing years. Unequivocally being a start-up we need to complete a lot of homework.”
Bauma Conexpo India 2016: One-point shop
Sakthi Kumar feels that the Bauma Conexpo India is a source of energy for the visitors to be vibrant. The expo is a great prospect for Berco Undercarriages to get in touch with the stake holders, to treasure diverse customers, suppliers, dealers, contractors, financiers etc. Sakthi Kumar proudly says that the expo is a one-point solution. Sakthi Kumar urges everyone who are connected to the construction industry not to miss this wonderful opportunity and make use of the event.
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