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What is the present size and growth rate of the tower cranes market in India? How has the market evolved in the last couple of years?
Almost 200 cranes working only in the South India overall. We can say more than 500 cranes in the last couple of years in South India. There is a good growth rate we have seen amidst this pandemic.

What are the various product offerings from your company in this segment?
Our company is into civil construction contracts. From the market, I could say all leading tower crane manufacturers are producing tower cranes, self-erecting cranes, mobile cranes, lattice boom crawler cranes and its accessories.

In light of the plans of infrastructure creation and reforms in mining, what opportunities do you foresee for tower cranes?
In regards to the infrastructure creation, we have great opportunities for the tower cranes, which are able to outperform the loading and lifting capacity of any other crane. Their height capacity cannot be paired with any other type of crane. They have immense stability and can bear the most difficult lifting operations. Of course, tower crane will be more useful for mining industry as well.

What has been the impact of Covid-19 on your business?
Of course, Covid-19 has severely affected our business in terms of execution of works at project sites, due to less manpower and shortage of oxygen for work. However despite facing various hurdles (logistics, manpower, engineering and time constraint), we have worked diligently and strived hard during this lockdown period. We have managed well in the current situation.

What are the major changes taking place in terms of technology?
Tower crane manufacturers have introduced many flattop range up to 65 m or 70 m, also Luffing jib cranes up to 10 t capacity.

How do you look at the future market for tower cranes in India?
At the moment, due to current pandemic, all the upcoming projects are on hold temporarily. However, considering increased construction activities in India are leading to increase huge demand for tower cranes for high rise buildings and other projects

As per recent studies, construction market in India is expected to emerge as the third-largest in the world by 2025.