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We expect an upward momentum in infrastructure spends

By | December 18, 2019 7:10 am SHARE

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We are launching our new range of Powered Mobile Access Platform, which is one of its kind in the world and is a perfect hybrid of Mechanical Aluminium Scaffold and Powered AWP

What is your expectation from the EXCON ’19?
We are very optimistic and have high expectation of big business opportunity from this edition of Excon. With the government’s vision of a 5 trillion dollar economy by 2025, we expect an upward momentum in infrastructure spends

What are the new product launches you have planned for Excon 19?
We are launching our new range of Powered Mobile Access Platform, which is one of its kind in the world and is a perfect hybrid of Mechanical Aluminium Scaffold and Powered AWP. In one single product it delivers the versatility of Mechanical Aluminium scaffold – that is modular design, light weight, can work on even or uneven floor and the convenience and safety of powered personnel lift.

How do you respond to the market, what are the USP of your products that allows you to stand tall?
Since 1974, Mtandt Group has been pioneer and market leader in introducing new products that enhances safety and productivity of our customers and reduce their risk and costs, backed by best in class team, who believes in making our customer more successful and competitive in the market.

Looking at the market opportunities, what are your focus areas?
We focus on providing simple and robust products for following applications:

  • To reach and work at height, safely for construction and maintenance work.
  • To provide mats and Geocell for ground protection, access and stabilisation.
  • To offer services of renting world class equipments and products, training for safe work practices and equipment operations.
  • To undertake projects for providing people and systems to perform jobs at difficult to reach locations like under bridge inspection and repairs, silos, towers and chimney inspection and repair.

Did the government policies rejuvenate an ailing market and make way for the construction equipment manufacturers to capitalise?
To some extent the policy of higher depreciation on capital investment and stricter financial regulations have been helpful, but the liquidity crunch is not eased out yet. This is critical for upward movement to happen in the infrastructure space.

What is your current market share in the different product categories?
In all our Strategic Business Units, we are market leaders or are one of top three players.

What is your view on the future of the access equipment, Arial platform market?
Access equipment market is at a very nascent stage in India. Compared to India, in China the market has grown exponentially in last four years. If this trend in China is any indicator, then we should see a similar growth in India very soon.

Rakesh Modi, Chairman, Mtandt Group

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