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Digital platforms will release the repressed energy of the industry

By | January 12, 2023 2:56 pm SHARE

Digital platforms will release the repressed energy of the industry
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In an exclusive interaction, SDLG highlights the construction sector’s growth and talks about reducing the risks at sites and the safety requirements.

 How have the construction and infrastructure projects fared this year?
Construction and infrastructure projects have demonstrated continuous growth over the past few years, despite economic uncertainty brought on by the COVID pandemic, the geopolitical situation, and supply chain worries. This results from significant public investments driven by multiple government initiatives and programmes. Among many other initiatives undertaken by the Government of India in keeping with the twin themes of Atmanirbhar Bharat and Make in India, they include the expansion of the National Highway network to 2 lakh km by 2025, last mile delivery of drinking water under the Nal se Jal Scheme, new river linking projects, National Infrastructure Pipeline, the PM Awas Yojana, the PM Grameen Sadak Yojana, the upgrading of modern infrastructure, and new mining ventures. Due to this, there is a high demand for construction equipment across all market segments.

What equipment and technology are needed to power the expansion of our infrastructure projects
Infrastructure construction must be done quickly and affordably. Therefore, it is essential to have technologically advanced equipment that offers high fuel efficiency and high production. Numerous clients in India’s quarrying, mining, highways, railway sidings, and port segments have seen SDLG Machines again demonstrate their genuine value. They are thrilled about the SDLG machines’ reliability, productivity, versatility, and—most importantly—minimal fuel usage across various applications. In every sense, they are your growth machine.

SDLG_B2B Purchase

How do advanced construction equipment and technologies place a financial burden on the users?
Modern technologies and construction tools raise the initial cost of the equipment, which increases the cost of financing. Most construction equipment is bought via outside funding, and finding affordable credit is still a major problem for the industry. Customers, particularly first-time buyers and MSMEs, have few financing options and need help from traditional sources, forcing them to borrow money at higher interest rates.
When combined with a wide range of packages, including RMAs, productivity services, uptime services, fuel efficiency services, and training services, SDLG equipment’s structured, easy-to-service financial schemes provide all-encompassing solutions for sustainable infrastructure and construction projects.

How are the construction equipment players mitigating the risks regarding the project, safety, and environment?
Innovation and commitment are two ingredients every construction equipment manufacturer must possess to mitigate risks regarding projects, safety, and the environment. SDLG’s R&D is a continuous process aimed at designing and building environment-friendly machines with optimum productivity, fuel efficiency, and total operator safety and comfort—just suitable for Indian work conditions.

SDLG_B2B Purchase

How are they impacting the project and equipment procurement and rental processes?
India’s construction equipment rental market is still in its infancy and needs to be more organised. With major firms entering the equipment rental market, moderate growth can be expected in the medium to long term, given the significant financial costs associated with buying new equipment, and smaller players, in particular, profit from renting equipment. However, it should be noted that India’s penetration of equipment rentals lags well behind that of its international counterparts. However, there is a bright future for renting out equipment in India.

What are your thoughts on developing a digital platform for procuring projects, equipment, and contractors in semi-urban and rural areas?
The time has arrived for a digital platform for the building sector. In our opinion, digital platforms will release repressed energy and force in the system, leading to increased productivity, quality and price efficiency, safety, and most importantly, transparency, for a sector that has been bogged down in a complex, traditional, and highly suspect approach to business operations for ages.

For more details visit: https://sdlgindia.com/

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