Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 09 2019

With new XCMG excavator range, Concrete equipment maker SSI ventures into construction & mining industry

The new XCMG excavator range comprises of three machines, including XE80C, XE140I and XE215C.

With new XCMG excavator range, Concrete equipment maker SSI ventures into construction & mining industry

Schwing Stetter India (SSI) has launched the new generation XCMG crawler hydraulic excavator range. With this launch, the concrete equipment maker has ventured into the construction and mining sector.

The new XCMG excavator range comprises of three machines, including XE80C, XE140I and XE215C. These machines are designed to serve industries like construction, excavation, earthwork, mining, quarry and roads.

The range is also applicable in other areas such as forestry, recycling, demolition, lakes, river cleaning and underwater applications. 

VG Sakthikumar, Managing Director of SSI, said, “With market demand doubling to 25,000 units in 2018, compared to 11,000 units in 2011, SSI 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, roads and rail construction, the new XCMG range of excavators will revolutionise the present earthmoving sector,” he added.

With the new launch, SSI is planning to consolidate its share of the XCMG excavator market in India. The company will further extend its reach to other developing rural markets globally. 

Currently, Schwing Stetter has its manufacturing units in 12 countries including Germany, Austria, USA, Brazil, Russia and Sweden.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
    About Us: We are a boardgames cafe with an ever expanding library..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual Dine Restaurants
    About Us: Mamu’s Infusion is a highly-popular and renowned fine dine..
    Locations looking for expansion Rajasthan
    Establishment year 1990
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Biker's Accessories
    Two wheeler market size of India is 18 million units..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Preschools
    About Us: Pre School Franchise is a recession free business and..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities