Attachments play an important role in maximising the utilisation of capital equipment. Anish Modak, General Manager, Fine Equipments India elaborates more on the importance, advantages, challenges and market opportunities.
How do you look at the importance of attachments in capital equipment?
Growing demand in the industry is pushing the infrastructure players to come out of the traditional mindset and diversify into various segments of the infrastructure industry rather than being confined to one.
These developments demand an increase in the outflow of capital purchases. Optimisation of these capital purchases is becoming more and more important for all these infrastructure contractors.
In this scenario, attachments play an important role in maximising the utilisation of capital equipment. Use of attachments definitely makes the machines versatile, which in turn serves the important purpose of controlling the economics of a project and managing the required pace of project completion.
What are the key advantages of using attachments with equipment?
Use of attachments comes with a lot of advantages. They help in faster project completion, bridge the gap of manpower shortage, help in improvising on the project costing, prove to be advantageous in human skill enhancements, and play an important role in safe execution of the projects, thus saving valuable human life and preventing the loss of time due to accidents.
What are the customised solutions you offer?
Our range of attachments are offered with various solutions like maintenance packages, operator skill development programs and other tailor-made solutions to answer to the needs of our customers working in different segments of the infrastructure sector.
What are the factors driving the demand of attachments in India?
Indian infrastructure development is expanding its dimensions, strong political will towards the need for increasing infrastructure network, focus on rural development, development on the agricultural industry, faster pace of projects, increasing safety standards and emerging applications are some of the key factors which will drive the demand of attachments in India.
What are the challenges faced by attachment industry?
The attachment industry is seen growing at a faster pace and so are the challenges. Shortfall of skilled manpower to optimise the utilisation of these attachments is a key challenge.
Awareness of availability of various attachments creates a big gap between the supplier and the end-user. The prevailing finance mechanism for funding of attachments creates a challenge to execute a buying decision. Failures on the low cost products create a negative sentiment in the buyer's mind, thus creating a stop block in the maturing markets. We need to find quick solutions to these kinds of challenges.
What are the new opportunities and market outlook?
Indian market is now opening new opportunities in the areas of demolition, recycling, forestry, optical fibre network etc. These segments need mechanised solutions, in the form of attachments which can help to cater the growing demand.