Schwing Stetter India, a leading manufacturer of concrete construction equipment, has set its sights on achieving 20% year-on-year revenue growth in 2025. This goal follows the company’s successful participation in the bauma CONEXPO 2024 exhibition in New Delhi, where it showcased over 45 machines, including 25% new product launches such as crushers in the material handling category. The display also featured upgraded construction equipment, concreting machines, and batching plants.
The company anticipates steady growth in the concrete construction equipment market in 2025, driven by increased infrastructure development and a rise in construction activities after the monsoon. Favorable economic conditions and global infrastructure investments, along with India’s $1.4 trillion National Infrastructure Pipeline and sustainable construction initiatives, are expected to support this expansion.
V.G. Sakthikumar, Managing Director and Chairman of Schwing Stetter India, highlighted the strong market reception of new products, including concrete mixers, pumps, plants, and earth-moving equipment, alongside significant orders received during the event. With the addition of crushers to its portfolio, Schwing Stetter now offers solutions across all five major segments of the construction equipment industry.
On track to exceed ₹5,600 crore in revenue for 2024, the company’s growth plans reflect confidence in market opportunities. Over 200 team members from sales, service, and marketing attended the exhibition. As part of its commitment to gender diversity in the construction sector, Schwing Stetter also showcased a live demonstration by a trained female technician, reinforcing its efforts to break barriers in manufacturing and construction.
Schwing Stetter India, a subsidiary of the Germany-based Schwing Group, is a leading manufacturer of concrete construction equipment in the country. Established in 1998, the company specializes in producing advanced machinery such as concrete mixers, batching plants, concrete pumps, and recycling systems, catering to a wide range of infrastructure and construction projects.
With a strong focus on innovation, sustainability, and quality, Schwing Stetter India operates state-of-the-art manufacturing facilities and has a robust sales and service network across the nation. Its commitment to delivering cutting-edge solutions has positioned it as a trusted partner in India’s rapidly growing construction and infrastructure development sectors.