RMC and Power Sector to Bring Uniform Growth

“We expect ready mix and power sector to come up and contribute; then only we will have a uniform growth across the segments,” states VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services. According to him the concreting equipment industry

“We expect ready mix and power sector to come up and contribute; then only we will have a uniform growth across the segments,” states VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services. According to him the concreting equipment industry is doing well today. The growth is triggered by high levels of activities in roads and metros. “I think the industry will be growing definitely around 12 to 15%. However, according to Sakthikumar who also dons the cap ofChairman of Mechanization committee, Builders Association of India, for a uniform growth RMC and power sector need to fire which is not the case now. “It is only the roads and the metro projects which are driving the growth. Once the ready mix concrete industry and the power sector pick up, that will give a major fillip to the CE industry. I am very optimistic about quality growth in the near future,” Sakthikumar says in an exclusive chat with EQUIPMENT TIMES.

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