TRADE PRINCIPALS: TRUST, OWNERSHIP, CUSTOMER FOCUS & GROWTH
We are, as per Electromech, proud of our product quality, services and thankful to our customers for their continued support & trust on us.
Share with us your analytical views on the industry market, estimating the relative growth and demand potentials.
According to the World Bank data, about 35 percent of India’s population already live in cities. And it is expected to reach around 40% by 2025. People are moving to big cities for a quality life to get more opportunities and other social economic advantages. For the expansion of these cities & to accommodate people migrating from villages or small towns. Lots of townships or regions will be developed apart from the existing ones. For this development Tower cranes and the Passenger hoists will play a very important role in the construction of vertical towers /buildings .Market for these two products should grow 15-20% every year.
Tell us about your recent recognized and on-going mega product innovations with the driving ideas to design them with their special features / views on the current promising trends of the Industry.
A renowned developer came across such a challenge at an ambitious South Mumbai Project where they are constructing 250 + metres high rise towers. The podium of level 7 is at 21 metres high above the ground. This level they have kept 7 Acres for private garden. Developing such a large garden necessitates use of large quantity of soil. About 15,000 cubic metres or 1000 dump truck load. There was no access for the trucks to go to that level to deliver soil. Our design team gave the best economical solution for that by using tower cranes & special accessories for delivering the soil at that level.
What is your business plan, in terms of expansion and development, for the progressive year-2018?
The company’s 2 ton hoists which are available in single and twin shaft cages, can move at 63 meters/minute, and are best suited for 100 to 300 meters high construction projects. The hoists come with dual levels of safety to prevent a fall in case of motor failure. While the hoists are being imported from Zoomlion, the company is considering manufacturing them at its Pune plant in the near future as the volume increases.
How would you predict the year 2018, along with giving reaction, on the budget announced for the industry, as the pros and cons evaluation and effects for the current financial year.
This financial year we should see a growth of about 15-20 % in tower cranes business and about 30% Growth in Passenger hoists business. Looking at the current trend in the market most of the developers /builders are targeting to finish their projects as per the RERA guidelines. Implementation of RERA is one of the major factor for contributing growth to this sector.
