2017 onwards we will see some very robust growth in all sectors Dimitrov Krishnan, Vice President, Volvo Construction Equipment India
Business in Recent Times:
We see ourselves growing faster than the industry because the uptake of our products has been very good. The response has been exceedingly good. So we would think that we would go ahead of the industry.
I would not want to hazard a guess at this stage because we are still assessing, as an economy, we are at the deflection point. So once it starts taking off, we can start projecting the growth but as I said, we would be growing at a much faster rate.
Expectation from 2016-17
2016 will be the year when the deflection actually takes place but 2017 onwards we will see some very robust growth in all sectors. Already the holic segment, we have seen the heavy duty trucks picking up significance. As was being mentioned, we have seen 40-50% growth rate over last year, in the current year. And we expect to continue. Now the tipper segment, the construction tipper, she was asking about, has been lagging slightly. So we expect that also to catch up with the rest of the things.