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Speaking about the launch of the excavator range, Sakthikumar said, ?With the market demand doubling to 25,000 units in 2018, compared to 11,000 units in 2011, Schwing Stetter India is extremely delighted to launch the crawler hydraulic excavator range for the Indian market. Given that the industry will further increase steadily in the next few years due to increased investment in infrastructure projects like interlinking of rivers, and road and rail construction.

Schwing Stetter?XCMG range of excavators will revolutionise the present earthmoving sector. With their record energy-saving performance and breakthrough cost efficiency, the new range will offer the best return on investment and resale value to the owner.?

The company is actively working out strategies to build market presence as it gears up for increased business opportunities that the current infrastructure space holds. With the new launch, Schwing Stetter plans to consolidate its share of the XCMG excavator market in India and extend its reach to other developing rural markets globally. ?We are targeting 20 per cent market share in crawler excavators in India,? said Sakthikumar.