The future of Indian construction and equipment significantly depends on government spending on infrastructure,
Vijay Kumbhani,
Director, India, Columbia Machine Engineering (I) Pvt. Ltd.
Vijay Kumbhani, Director, India, Columbia Machine Engineering (I) Pvt Ltd speaks about how 2017 will turn out to be for the construction industry, his projections about the business and the major strategies in place to realise the set targets.
Construction industry on improvement mode
“The future of Indian construction and equipment significantly depends on government spending on infrastructure,” says Kumbhani. He further adds, “The continued slowdown in infrastructure and real estate sectors in India results in a weak market for our machinery. The steps being taken by the present government to clear stalled infrastructure projects and increase infrastructure spending on roads, ports, smart cities, industrial and freight corridors should greatly improve market conditions in the near future.”
Consolidating the position to grow the business
Sharing his projections for the business, Kumbhani said, “We have just launched our larger concrete block machine model SPM 30 at Bauma ConExpo, along with automated handling of pallets, racks and products. This will provide the Indian customer with the next generation of concrete block plant with higher capacity and handling automation made in India at an affordable price.”
Kumbhani further adds, “With this launch, we expect to consolidate our dominant position as the industry leader in India and grow our business significantly. With the increase in housing and infrastructure requirements, concrete block industry will also grow simultaneously.”
Looking through the eyes of the customer
Kumbhani is very clear when it comes to applying the strategies to realise the market. He says, “In an economically slow market situation it is very difficult to come up with the right strategy.”
He further adds, “However, we have been practicing the simple principle of ‘through the eyes of the customer’ and we are sure that this will carry the day for us, on the other hand we are utilising the time to design and build the new, better and bigger products and also we are in process of augmenting our production capability by adding new machines and infra to be ready for the surge in the market.”
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