PLI Scheme has emerged as a significant catalyst in enhancing India’s manufacturing competitiveness in the construction & mining equipment sector.

Pinaki Niyogy
Chief Operating Officer & Chief Technology Officer, TIL

What products or solutions are you showcasing at this edition of bauma CONEXPO INDIA 2024? What is your focus during the exhibition?

At bauma CONEXPO INDIA 2024, TIL Limited is showcasing our comprehensive product portfolio that represents our manufacturing excellence and strategic global partnerships. Our exhibition highlights include our advanced articulating crane which we are currently manufacturing for critical defense applications. Our showcase of advanced mobile cranes from the TIL Range demonstrates our commitment to innovation and superior engineering, alongside our recently introduced Snorkel aerial work platforms and tele handlers. Additionally, we will showcase the updated Hyster TIL ReachStacker, designed and manufactured in India for global markets. This ReachStacker boasts a new cabin design that enhances operator visibility and safety, ultimately increasing productivity by focusing on the number of containers moved per hour. It embodies our dedication to delivering reliable equipment that meets the demands of modern logistics.

At our booth, visitors can experience firsthand how our integrated solutions support India’s infrastructure development while learning about our manufacturing capabilities at our Kamarhati and Kharagpur facilities. A particular emphasis has been placed on enhanced aftermarket support services and digital integration initiatives that maximise equipment uptime for our customers.

What are your expectations for participating in bauma CONEXPO INDIA 2024? How do you plan to engage with visitors and stakeholders at the exhibition? 

Our participation in bauma CONEXPO INDIA 2024 aligns with TIL 2.0, our strategic vision for growth, and serves as a platform to showcase our commitment to innovation and customer value. During the exhibition, we are focusing on deep engagement with customers through live equipment demonstrations and technical sessions, allowing our experts to provide detailed insights into our enhanced product portfolio and aftermarket capabilities. We’re facilitating meaningful discussions about emerging industry challenges and solutions, while actively exploring new market opportunities in urban development and smart city projects. The exhibition also provides an ideal platform to highlight our growing capabilities in the defence sector and demonstrate our integration of IoT and digital technologies in equipment management.

Do you believe the PLI Scheme is effectively enhancing India’s competitiveness in the global construction and mining equipment market? 

The Production Linked Incentive (PLI) Scheme
has emerged as a significant catalyst in enhancing India’s manufacturing competitiveness in the construction and mining equipment sector. As a company with over eight decades of manufacturing excellence, TIL Limited has witnessed how this scheme has accelerated indigenous manufacturing capabilities and encouraged increased investment in R&D and technology integration. Looking ahead to the next 3-5 years, we anticipate the scheme will drive significant localisation of critical components, expand export opportunities through improved cost structures, and generate substantial employment in skilled manufacturing roles.. Support for technology acquisition and R&D investments, coupled with focused initiatives for skill development and training programs, would strengthen the scheme’s impact. Given our state-of-the-art facilities and global partnerships, TIL is well-positioned to leverage these incentives for sustainable growth while contributing to India’s emergence as a global manufacturing hub. The scheme’s emphasis on local manufacturing aligns perfectly with our commitment to the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives.