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.”