In the dynamic landscape of India, our crushing products have found a robust market with a promising upward trajectory.

V. Senthilkumar, Managing Director, Propel Industries

What is your focus for Gujarat CONEX?

Our spotlight at Gujarat CONEX shines brightly on introducing our advanced crushing and screening solutions to the vibrant Indian market. We’re enthusiastic about showcasing how our products can effectively address the rising infrastructure and construction needs of Gujarat.

From your company’s perspective, please offer your views on the inaugural edition of Gujarat CONEX and what do you feel will be the strengths of the exhibition?

The debut of Gujarat CONEX carries immense potential by allowing the convergence of the industry’s top leaders, innovator and prospects under one roof. Its vitality lies in being the bridge for networking, exchange of knowledge and demonstration of further cutting-edge technology, driving the sector forward.

How do you look at the market in India for your range of products?

In the dynamic landscape of India, our crushing products have found a robust market with a promising upward trajectory. The government’s resolute emphasis on expansive infrastructure and urban development fuels a consistent demand for high-performing crushing solutions.

The crushers and screens market in India, estimated at approximately Rs 30 billion per annum, spans diverse sectors encompassing track mounted, tyre mounted, and skid-mounted plants. The driving forces behind this demand are the burgeoning construction and infrastructure projects coupled with the ongoing urbanization wave. Even in the face of challenges, Propel Industries stands primed for growth, leveraging our innovative approach revolving around capacity enhancement, cutting-edge technology adoption, robust financial strategies, and alignment with evolving government policies. Growth is key and our shift towards automation and electric-powered track plants marks the beginning of technologically sound innovation.

Our comprehensive product range, spans capacities from 100 TPH to 800 TPH. This versatility ensures that we remain agile in catering to diverse client requirements, to enable a resounding impact on the landscape of crushing solutions in India.

How have the sales been for the company this year, and given the ongoing and upcoming building and infrastructural opportunities, what are your sales projections for FY23?

Our sales for this year have shown a steady growth of around 20% compared to the previous year. Taking into account the ongoing and upcoming building projects, along with the infrastructural opportunities in the pipeline, we are cautiously optimistic about achieving a growth rate of 25-30% in FY23.

What are the emerging technological trends in your range of products?

AI has caused a landslide shift in the technological landscape across various sector. At Propel we have incorporated this element in automation and remote monitoring. These advancements boost operations, mitigate downtime and enhance overall efficiency.

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