Sany India is aiming to increase its exports to 15% of total revenue in 2025, up from 10% last year. The company, which sold 1,200 machines overseas in 2024, expects a 30% increase in its export sales, projecting around 1,600 units in 2025.
Specializing in a range of construction equipment such as excavators, cranes, concrete mixers, and mining machinery, Sany India holds significant market shares in several sectors. It leads with a 60% market share in piling rigs, 55% in cranes, 50% in port machinery, and 20% in excavators. The company exports telehandlers to the US and excavators to various countries in Africa and the SAARC region. Moving forward, Sany India plans to introduce more products, including soil compactors, into international markets.
In 2024, Sany India’s total revenue grew by 30%, reaching nearly Rs 9,000 crore, with exports contributing over 10%. With new products in the pipeline, the company expects exports to account for 14-15% of its revenue this year. “We have designed new machinery suited for the American and European markets,” said Sanjay Saxena, Chief Operating Officer for Sales, Marketing, and Customer Support at Sany India. Saxena also emphasized that India will not only serve its domestic market but will become a key export hub in the coming years.
Recently, Sany India inaugurated a new manufacturing facility at its 90-acre site in Pune, with an annual production capacity of over 14,000 units and the ability to handle more than 100,000 metric tonnes of production. This expanded capacity will help meet the growing demand for construction, mining, and energy equipment both in India and abroad.
The overall growth of India’s construction equipment market is expected to slow to 4-6% in FY 2025, reaching around Rs 83,000 crore, according to CRISIL. This follows a 27% growth in FY 2024, driven by strong demand from the roads, railways, and mining sectors. However, rising prices due to new emission standards are expected to support revenue growth.
SANY India, a subsidiary of the global construction and heavy equipment manufacturer SANY Group, is a leading player in the Indian construction, mining, and energy sectors. Established with a focus on delivering high-quality, technologically advanced machinery, SANY India offers a wide range of products, including excavators, cranes, concrete mixers, batching plants, and mining equipment.
The company has expanded its footprint across India with a robust network of over 42 dealers and 260 touchpoints, ensuring strong customer support. SANY India is committed to supporting India’s “Make in India” initiative by increasing local manufacturing and exports. With a vision to triple its revenue by 2030, SANY India is focused on innovation, sustainability, and meeting the evolving needs of the construction and infrastructure industry.