“Modern digital technologies enables us to monitor machine’s on road performance,” says Dimitrov Krishnan Managing Director of Volvo CE India.

How do you evaluate the recovery in the Construction Equipment market so far? 

I feel that the Indian CE Industry is currently passing through an extremely important phase. It is expected to show remarkable growth over the next 10 years driven mainly by the enhanced pace of infrastructure development in the country, as a result of Government of India’s continued its focus towards the nation building exercise. With increase in construction activities in sectors like roads, ports, airports, railways, real estate and other infrastructure sectors as part of the National Infrastructure Pipeline plan of the government, demand for construction equipment will see an upsurge going forward. 

The industry has shown resilience by registering a positive 10 percent growth in FY21, after witnessing a decline in volumes by 14 percent in FY20 due to the pandemic induced slowdown experienced in construction activity in the country. India is also emerging as an attractive destination for export of CE products, components and technology development. Some of the major export markets for Indian CE products include Nepal, USA, South Africa, Russia, South Arabia, Bangladesh and the UK. 

Today, India is the third-largest CE market in the world. The industry is presently worth US $ 6.5 billion and provides direct and indirect employment to more than 3 million people, and hence is a very important part of the Indian economy. 

How is technology and digitalisation paving ways for development in the Construction Equipment segment? 

In the industry 4.0 era, digital technology plays a pivotal role in construction equipment/plant operations and maintenance. 

New-age digital technologies and connectivity now allow us to keep track of machine conditions and performance round the clock and on the go. Machine owners and project personnel have ready access to vital reports on progress of work in their sites. A user-friendly app like Volvo CE’s Caretrack Telematics System not only periodically updates operational hours and utilisation levels; it also assists in remote diagnosis of machine complaints facilitating swift remedial action before things go wrong. 

What are your latest and upcoming additions in the Construction Equipment segment? 

The CEV stage IV emission norms that comes into effect now is of course the latest addition in the Construction Equipment segment.

Volvo CE has always led from the front on matters of environment and sustainability, and this is yet another opportunity to bring alive our core values – safety, quality and environment care. Our new ranges of road machines, starting from pavers, to compactors are CEV Stage IV compliant and designed to provide power and efficiency to help customers achieve the ultimate quality across an entire range of road projects. 

Operators of Volvo CE machines enjoy safe and comfortable working environment with intuitive controls, excellent visibility, intelligent functions and spacious platform. These new generation machines promise to deliver outstanding performance and finish across a variety of projects, with best-in-class fuel consumption and maximum reliability.

The new upgraded H-Series Wheel Loaders from Volvo CE are up to 10 percent more productive and 20 percent more fuel-efficient. They feature standalone technologies and improvements, tailored to Indian conditions and markets, making them supremely versatile and reliable over the long haul. Combining powerful engine and new transmission systems with smart electronics and next-generation hydraulics, these machines offer faster acceleration, smoother control over operations and lower lifetime operating costs – all leading to excellent value on investment for Indian customers.

These new age machines built for Indian market are all backed by full aftermarket portfolio of Volvo dealer network across the length and breadth of the country. When support is needed, this network is on-hand to serve customers 24 hours a day, 7 days a week.

For any and every project – be it road building, general construction or mining, Volvo CE has the equipment and the support – the right equipment and optimum support. We are truly a one-stop solution, complete in every respect.