CSE sector can grow if allocated projects start execution
By Edit Team | January 28, 2013 6:48 am SHARE
NAWA Engineers shares how the CSE market is evolving and meeting the massive construction needs in India
NAWA is an established player in the CSE market since 1998. Its focus is always to keep abreast of the latest production techniques across the world. The company will maintain its position of being amongst the best indigenous CSE products manufacturers in India. CSE address the supply requirements of the core infrastructure raw-material inputs. CSE sector has always been there, but like any other industry in India addressing a core raw-material supply requirements, this sector had its roots in the form of a cottage industry. And today it is evolving to meet the needs of massive construction activities in India. NAWA expects to be No. 1 by 2015.
Position in the marketNAWAs strength lies in the fact that manufacturing CSE products in India brings a huge cost reduction and provides a great space to be competitive with respect to foreign majors. NAWA has shown that CSE products can be manufactured as per international qualities in India. Its products have been evaluated and appreciated by International Companies and Competitors (ICC) for quality adherence. Its reasonable pricing gives a boost to NAWA’s sales and keeps it ahead of the competition.
CSE products demand in futureRequirement of aggregates is projected to increase by 8.85 per cent in 2013 and by nearly 10 per cent in 2014. The market value for aggregates is around $4.5 billion in 2013 and $5 billion in 2014. CSE market will be about 13.5 per cent (at $607 million) in 2013 of the aggregates requirement by value. Demand was never a problem—off take of products due to project delays was the actual problem. NAWA into mineral processing businessMineral processing equipment will be a natural extension of its current offerings and manufacturing capabilities. The company will offer its products from 2013 in India across various mining projects.
NAWA’s new plantNAWA has invested heavily into new manufacturing plants in Hyderabad which are retrofitted with the best machine tools available to undertake manufacture of its products cater to heavy fabrication works for its material handling and concrete placement in dams and cement projects. The new workshops in Hyderabad spread across 15 acres. Acquisition of Duracone SRMNAWA’s acquisition of technical know-how and global manufacturing right to the Duracone crushers gives it the crucial presence in the crushing range from 300-700 tonnes per hour (TPH). Duracone SRM cone crushers can handle the hardest crushing applications and the technology of Louis Johnson is one of the best in the world. These crushers will be pushed hard by NAWA as they can give the required aggregates yield in different sizes at the lowest power consumption rates for any competitive product. NAWA expects the market to these crushers in huge numbers.
Future of the Indian CE marketCE sector is projected to grow at a robust rate of 17.25 per cent in 2013. The CSE sector can grow if all the allocated projects start execution. Virtually all projects in 2012 were delayed because of a slowdown, governmental paralysis, and shortage of electricity across states. This has affected the growth of the CE sector itself, not to mention the CSE sector. Fast tracking of all projects by the government is the need of the hour as infrastructure growth is the main contributor to the GDP of the country and can lead to a huge boost to the economy.
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