Subhasis Das, Vice President, Sandvik Mining and Rock Technology India, Sandvik Asia Pvt Ltd.
The infrastructure and construction business as a whole, is poised to exceed $350 billion in a while, growing at a CAGR of 6.5-7 per cent over various sectors. But naturally, we also foresee an upward trend in the sales of construction equipment, as the market is expected to grow at a record high in the next 2-3 years, driven by the government's focus on infrastructure development. With the government looking at investing in smart cities as well as developing infrastructure projects such as highways, waterways, railways and airports, experts expect growth in the sector to gain further momentum in the next 3-5 years. Sandvik has a wide range of products catering to all types of commodities and applications. In crushing and screening, our Prisec range of crushers and sizers have been well received in the Indian market. We are technology leaders and continuously develop enhanced products to meet the growing needs of the industry. Our forte in the top hammer surface drilling solutions has helped us offer innovative products in quarries, dimensional stone and infrastructure sector. Our Tamrock CAD automated and robust tunnelling jumbos have been widely accepted by tunnelling and civil construction customers.
A platform of opportunities
We have a strong presence in the mining and infrastructure business and Excon is a great opportunity for us to network with contractors and construction customers. We intend to listen to our esteemed customers and Excon is a platform where satisfied Sandvik customers can share best practices and learn from each other. We also learn from them, and these are inputs for the large R&D team to develop future products. Excon also offers an opportunity for us to showcase our innovative range of the products, applications and services, relevant for this sector. At Sandvik, we are passionate about serving customers, always being close to them. We see Excon as a great opportunity to meet our existing and potential customers to talk about our new generation products and offerings.
Although we do not plan to launch any product specifically at Excon this year, we will focus on our latest intelligent series (fully automated and fuel efficient) drill rigs, automated drilling jumbos, automated loaders and worlds-class after-sales service. We will also share various case studies where satisfied customers from around the world and India, have corroborated how Sandvik as a solution provider has enabled them to make their operation more reliable, cost efficient, safe and productive.
Sandvik is a global organisation having presence in over 135 countries and has been in business for over 150 years. A major player in mining and construction equipment business, we have been participating on several occasions at Excon over the past decade.
We have been growing significantly over the last three years, at a double-digit CAGR. Our outlook is thus quite positive and we will continue to gain share in this domain.