Schwing Stetter India (SSI) has recently announced the launch of its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C. The excavators were launched in Chennai and unveiled by V.G. Sakthikumar, Managing Director of Schwing Stetter India.
Speaking about the launch of the excavator range, Sakthikumar said, “With market demand doubling to 25,000 units in 2018, compared to 11,000 units in 2011, Schwing Stetter India is extremely delighted to launch the crawler hydraulic excavator range for the Indian market. Given that the industry will further increase steadily in the next few years due to further increased investment in infrastructure projects like interlinking of rivers, road and rail construction.”
The company is actively working out strategies to build market presence as it gears up for increased business opportunities that the current infrastructure space holds. With the new launch, Schwing Stetter plans to consolidate its share of the XCMG excavator market in India and extend its reach to other developing rural markets globally.