S Saxena of Sany: Demand for higher tonnage cranes is likely to grow

Incorporated in 2002, Sany India offers the widest range of construction machinery in India and South Asia. In 2012, Sany India invested more than Rs 600 crore to develop infrastructure for R&D, manufacturing, quality inspection, testing, and service at their manufacturing facility in Chakan, Pune. Through this facility, the company operates in four business verticals – excavator, heavy equipment, concrete machinery, and renewable energy. Sany has more than 19,000 machines delivered on the ground, contributing to infrastructure development projects in India and other South Asian countries.

 

Speaking on the medium and heavy-duty mobile crane market in India, Sanjay Saxena, Senior Vice President and Head of Heavy Equipment Business Unit, Sany Heavy Industry India, said, “With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic. Numerous on-going development projects such as metro, railway, bridges and flyovers have shot-up the demand for medium and heavy duty mobile cranes in the market.”

 

He added, “Besides this, the government effort to boost economic growth has generated a wide range of lifting jobs across the infrastructural, industrial, renewable energy sector and refinery expansion projects. As the government is rewarding more new projects to boost the economy, the mobile cranes market is expected to exhibit moderate growth during the forecast of 2021-26.”