Putzmeisterhas been able to retain its position as a leading supplier of concrete pumps,despite the present slowdown.Wilfried Theissen, Managing Director, Putzmeister India says thatthey still have afew product launches and other developments to share with their customers atthe show.
What isyour outlook for the construction equipment sector in the country? How have youperformed in terms of Y-o-Y growth/slump?
The CEindustry has seen a downturn in 2019. That said, Putzmeister has been able toretain its position as a leading supplier of concrete pumps. India continues tobe an important market for the Putzmeister Group. The country has ambitiousinfrastructure and development targets, and we are positive that these willcome to fruition in the short to medium term.
What, inyour opinion, have been the stress points due to which your performance hasbeen impacted, if at all?
The CE industry is not the only one impacted by a downturn. India’seconomy in general is going through a slowdown. This muted sentiment has mademany industry players more cautious in rolling out new projects.
In some cases, ongoing projects have been stopped and are going slow. Our customers continue to face challenges in financing,although the situation has eased up a bit more recently.
Are thereany initiatives that you are undertaking at your company towards hybrid orelectric equipment?
Putzmeister already offers electric powered Stationary Concrete Pumps.In terms of future development, our R&D teams in Germany and India continueto work on solutions that will benefit both the customer and the environment.
Would youlike to share with our readers the new products and services that you plan to launch/ showcase at EXCON 2019?
We recentlyannounced that Putzmeister and Sany concrete sales and service team have joinedforces to offer our customers ‘One Face, Two Brands’. We, of course, have a fewproduct launches and other developments to share with our customers. As is ourpractice, all will be revealed at the show.
“The CE industry is not the only one impacted by a downturn. India’seconomy in general is going through a slowdown.”