Volvo Construction Equipment (Volvo CE) India has helped two Korean undercarriage parts manufacturers set up operations in India, boosting local production. These suppliers will serve Volvo and other market players, said Dimitrov Krishnan, Managing Director of Volvo CE India.
Krishnan added that India’s supply chain has greatly improved. Volvo CE’s new product, with 70% local content, proves this progress. “It’s a tough challenge,” Krishnan said, “but we’re making it happen.” The Indian Construction Equipment Manufacturers Association (ICEMA) supports these efforts, shown by a recent delegation visit to Japan, Krishnan noted.
Last month, Volvo CE launched the new EC210, a 20-tonne hydraulic excavator. Excavators are the second-largest product in India’s construction equipment market, with about 30,000-35,000 units sold annually. The 20-tonne segment is key, making up 70% of excavator sales, or 18,000-20,000 units each year. “This segment is too important to ignore,” Krishnan said.
Volvo Construction Equipment India is a prominent player in the construction machinery sector, known for its robust and reliable equipment. The company offers a diverse range of products, including excavators, wheel loaders, and compactors, designed to meet the demanding needs of the construction industry.
With a strong focus on innovation and sustainability, Volvo Construction Equipment India integrates advanced technologies to enhance productivity and efficiency on job sites. The company is committed to providing exceptional customer service, comprehensive support, and training programs to ensure the optimal performance of its machinery.
Volvo Construction Equipment India continues to contribute significantly to infrastructure development across the country, reinforcing its reputation as a trusted partner in the construction industry.
