Everest Engineering set to get bigger

We have a plan to start major parts manufacturing in India with proper technical knowhow, proper jigs and machineries. It may take couple of years, but we will come up.

PV Ramdev,
Managing Director,Everest Engineering Equipment Pvt Ltd

  Everest Engineering Equipment Pvt Ltd (popularly known as EEE), a CRISIL rated, ISO certified tower crane service company, is inching toward a 25 per cent growth in sales revenue in 2017 over the previous year. In the long-run the company aims to be recognised as a manufacturer of cranes, hoists and allied components. In an interview with B2B Purchase, EEE’s Managing Director PV Ramdev speaks on his projections.

Will you be manufacturing the same passenger hoist in India?
We have a plan to start major parts manufacturing in India with proper technical knowhow, proper jigs and machineries. It may take couple of years, but we will come up.

Why a rental company should go for EEE products?
Our tower cranes and passenger hoists offer maximum safety, reliability and much better lifecycle which are very critical for rental companies.

How the market is going to respond in 2017 post demonetisation?
We expect improved market scenario in 2017 because of the demonetisation, We feel that the people will get more power to buy and the bank interest rate for housing loans may come down to 8 per cent from the current 10 per cent. Real estate market may witness a surge post all this revival measures which will boost tower cranes industry.

What are your long-term strategies?
Gradually we would like to project ourselves as a manufacturing company in India. We plan to start manufacturing of passenger hoist components, anti-collision systems and safe loading indicators in India. The products will be designed and developed to suit the Indian requirements with proven technology collaboration.