Companies will need to innovate in creating green technologies and solutions
What products or solutions are you showcasing at this edition of bauma CONEXPO INDIA 2024? What is your focus during the exhibition?
“Made in India” and “Designed in India” products at a trade show is a powerful way to highlight what Danfoss has invested over the years to cater to local needs and innovation, and growing expertise in various industries which includes our broadest line of portfolio in Fluid conveyance, pumps and advance control solutions. We are showing some of these products and our partners in India.
What are your expectations for participating in bauma CONEXPO INDIA 2024? How do you plan to engage with visitors and stakeholders at the exhibition? Are there any specific goals or outcomes you are hoping to achieve from this event?
Such events are an excellent platform for building connections, expanding business opportunities, and celebrating the diverse talents of Indian engineers, designers, and manufacturers. We look forward to get first hand impressions / feedbacks for not only today but also future needs of our customers to ensure we continue our legacy of being the preferred solution partner for our customers.
What are some of the key factors that you believe will shape the future of the construction equipment and allied industry in India, and how is your company preparing for them considering its expansion plans in India?
Technological Advancements: Automation, AI, IoT, and robotics are expected to revolutionize construction processes, making equipment more efficient, precise, and cost-effective. The rise of electric and hybrid machinery will also contribute to sustainability. Companies need to focus on integrating these technologies to meet evolving demands.
Sustainability and Environmental Regulations: Increasing emphasis on sustainable construction practices and compliance with stricter environmental norms will lead to the adoption of eco-friendly and energy-efficient equipment. Companies will need to innovate in creating green technologies and solutions.
Skilled Workforce: The need for skilled operators and maintenance professionals will rise as construction equipment becomes more technologically advanced. Companies will focus on training and skill development programs to ensure the effective utilization of their machines.
To prepare for these factors, our company is focusing on several initiatives. We are investing in research and development to incorporate advanced technologies and eco-friendly solutions into our product offerings. We continue to strengthen our innovation center at Pune with the state-of-the-art facility to develop futuristic solutions not only for India but for also the world.
The adoption of digital tools such as fleet management software, predictive maintenance, and real-time data analytics will enhance operational efficiency, reduce downtime, and improve decision-making processes. Digital platforms for remote diagnostics and performance monitoring are becoming essential in managing large fleets and ensuring higher productivity.
Danfoss is actively investing in digital technologies to provide smarter, more connected equipment solutions, ensuring that we stay at the forefront of this technological shift and better serve our customers in India.
Additionally, we are expanding our manufacturing capabilities to meet the growing demand, ensuring local production to improve local availability of the products. Our expansion plans include building partnerships with local stakeholders and focusing on skill development programs to equip the workforce for future challenges.
