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Company : SCHWING Stetter India Pvt Ltd 
Thursday, November 21, 2013 9:49AM IST (4:19AM GMT)
SCHWING Stetter Unveils 5 New Products along with 5 New Variants at EXCON 2013
Karnataka, India

SCHWING Stetter India, a leading concrete construction equipment manufacturer in India, has unveiled 5 new products along with 5 new variants at Excon 2013, the 7th edition of South Asia's biggest construction equipment event.

The new product launches strengthen Schwing Stetter's expertise in concrete technology. The newly launched products span across the concrete pumps and batching plants segment. SP1300, SP3000, and TSM 20.8 are the new concrete pumps while CP 45 and H1J are the new batching plants that are launched.

The products were unveiled by Anand Sundaresan, Vice Chairman & Managing Director, Schwing Stetter India, and Mr. VG Sakthikumar, Whole Time Director – Operations, SCHWING Stetter India.

Market Statistics

-- Demand for construction equipment in India is expected to grow to US$ 6.3 billion by 2014, a compound annual growth rate (CAGR) of 19.3 per cent (from 2010).

-- India is expected to be firmly established as the third largest market in the world for construction equipment as number of machines will grow to 114,165 in 2016.

Source: ICEMA, 2013 & IBEF, 2013

Excon is the industry's most prestigious event organized by the Confederation of Indian Industry (CII) along with the Builder's Association of India (BAI). This event enables networking with all industry experts in a single platform including those from prestigious industry bodies like Indian Construction Equipment Manufacturers' Association (ICEMA).

Speaking on the occasion, Anand Sundaresan, Vice Chairman & Managing Director, Schwing Stetter India said, "We are delighted to have launched new products and be a part of Excon again. This is a prestigious event for us, and a great platform for us to showcase our latest products and our cutting-edge technology. The very key factor in launching new products is to make sure that they meet the Indian conditions, meet the customers' expectations and help them to do their concerting job with ease".

VG Sakthikumar, Whole Time Director – Operations, Schwing Stetter India said, "This is a moment of pride for us at Schwing Stetter India. Excon has always been the one-stop-shop for us to build and maintain relationships with potential as well as existing customers. Our newly launched products demonstrate high levels of quality and efficiency, as our mantra is to deliver the best-in-class concrete solutions for the construction industry. We hope to showcase our expertise with more such remarkable products and continue to re-define the construction space by employing the best-in-class technology".

About SCHWING Stetter India Pvt Ltd:

Incorporated in June 1998, and commencing its manufacturing operations in 1999, SCHWING Stetter India is a 100% subsidiary of SCHWING Group of companies, an 850-million Euro German Concrete machinery manufacturer. SCHWING Stetter is a pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling. SCHWING Stetter (India) Private Limited manufactures concrete batching plants, transit mixers for transporting readymade concrete to construction sites, pumps and concrete placing booms and recycling plants. It caters to infrastructure developers and also acts as an OEM supplier to various cement companies who offer Ready Mix Concrete. SCHWING Stetter has its manufacturing units in 11 countries including Germany, Austria, USA, Brazil, Russia, China, Ostrava, India, sales and service centres in France, Netherlands, Austria and Sweden as well as representations in more than 145 countries worldwide.

Visit us at:

Facebook: https://www.facebook.com/schwingstetterindia

Twitter: https://twitter.com/SchwingIndia

Youtube: http://www.youtube.com/user/SchwingStetterIndia

Blog: http://schwingstetterindia.wordpress.com/

Google plus: https://plus.google.com/103790184402292789735/posts

Linkedin: http://www.linkedin.com/company/schwing-stetter-india-pvt-ltd

Website: http://www.schwingstetterindia.com/

To view the photograph, please click on the link given below:

Anand Sundaresan, Vice Chairman & Managing Director, Schwing Stetter India, and Mr. VG Sakthikumar, Whole Time Director – Operations, SCHWING Stetter India with one of the new product, SP 1300

For News Release background on SCHWING Stetter India Pvt Ltd click here
Media Contact Details
Murugan G, 20:20 MSL, +91 9841278904, murugan.g@2020msl.com
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Multimedia Gallery
Anand Sundaresan, Vice Chairman & Managing Director, Schwing Stetter India, and Mr. VG Sakthikumar, Whole Time Director – Operations, SCHWING Stetter India with one of the new product, SP 1300