V Senthilkumar of Propel: There are huge untapped opportunities in crushers & screens market
Propel Industries provides innovative, technologically-sound and cost-effective solutions to the crushing and screening industry. The company鈥檚 product line includes a comprehensive range of jaw crushers, cone crushers, vertical shaft impactors (VSI), feeders, vibrating screens, sand washers and air classifiers. Propel is the first Indian company in this segment to get a CE (Conformit猫 Europ毛enne) certification.
In an exclusive interview with 每日吃瓜, V Senthilkumar, Managing Director, Propel Industries, said, 鈥淧roduction of high quality manufactured sand (M-sand) by the plant owners is leading to greater demand and optimisation of plants in the aggregates business. The scenario is governed by a demand and supply cycle. The restrictions on using the river sand is making the customers turn to M-sand. The road construction sector, core construction and real estate sectors play a major role in driving the market. More than 50% of the demand comes from these sectors. The emphasis on creating sustainable projects are on the rise and so, I am sure the demand for quality M-sand meeting specific requirements will also rise. M-sand is produced with the desired particle shape, gradation and silt content with the absence of deleterious materials, by crushing and washing.鈥
On the current market scenario for crushers and screens, Propel鈥檚 Managing Director had this to say: 鈥淭he crushers and screens market in India consists of both organised and unorganised sectors. It is estimated to be close to Rs 30 billion per year. This is especially for aggregates, which is 100 TPH and above. Out of this total figure, track mounted plant is estimated at Rs 6 billion, tyre mounted plant at Rs 10 billion and Rs 14 billion for skid-mounted and unit equipment.鈥