Schwing Stetter Boosts Growth with Major Deals at Bauma ConExpo

Schwing Stetter India, a top manufacturer of concrete construction equipment, revealed its ambitious plan to achieve 20% revenue growth by 2025. The announcement was made during Bauma CONEXPO 2024 in New Delhi.

The company showcased over 45 advanced machines at the event. This included 25% newly launched products, featuring crushers under the material handling category. Upgraded models of construction equipment, concreting solutions, and batching plants were also unveiled.

Visitors found Schwing Stetter at Hall 14, E01, where the company highlighted its innovation and commitment to the industry.

Market Growth and Future Outlook

Schwing Stetter India anticipates steady growth in the concrete construction equipment market in 2025. The forecast is fueled by government-led infrastructure initiatives.

A rise in construction activities post-monsoon is also expected to drive demand. The company remains optimistic about the industry's growth potential.

“This year’s expo provided the perfect stage for us to unveil our latest innovations. The overwhelming response to our newly launched concrete mixers, pumps, plants, earth moving, road machineries, specialized machineries and mining equipment, coupled with the significant orders received, reaffirms.

Insights from the Leaders

“This year’s expo provided the perfect stage for us to unveil our latest innovations. The overwhelming response to our newly launched concrete mixers, pumps, plants, earth moving, road machineries, specialized machineries and mining equipment, coupled with the significant orders received, reaffirms SSI’s position as a leading provider of efficient and reliable construction solutions in India. And, with the addition of crushers, we now offer products of all 5 major segments for the CE industry” stated Mr. V.G. Sakthikumar, Managing Director and Chairman, during the event.

He further added,“Favourable macroeconomic conditions, coupled with increasing infrastructure investments worldwide, are driving this positive trend. In India, the infrastructure sector is poised for exceptional growth, backed by the Government’s $1.4 trillion investment plan under the National Infrastructure Pipeline and a focus on sustainable construction practices.” 

Schwing Stetter India is on track to surpass Rs. 5,600 crore in revenue for 2024. The company has set an ambitious target of 20% growth in 2025.

Over 200 employees from sales, service, and marketing teams attended Bauma CONEXPO 2024. Highlighting its commitment to gender diversity, Schwing featured a trained female technician conducting live machine demonstrations.

This initiative aligns with the company’s mission to empower women in the manufacturing and construction sectors. Schwing continues to lead the way in promoting inclusion in the industry.

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