Mumbai : ABG Cranes on High Growth Path
"ABG Cranes with a modest start, manufacturing 80 MT capacity hydraulic crawler crane, over the period has graduated to manufacture higher capacity cranes. Its first model 1080 has got good response from the market and the model 1160 and 1035 prototype are expected to be ready for testing by April this year after which they would be brought out for sale in the market.We are expecting a growth rate of 20-30% in next five years for Indian crawler crane market and anticipating to capture a market share of 20-25% during this period" .
The company started with manufacturing 80MT capacity hydraulic crawler cranes and now moved on to 35Mt and 160Mt capacity hydraulic crawler cranes,says Mr. R.B.Pandey, General Manager and Head Marketing, ABG Crane.We are also planning to manufacture tower cranes in India.
For details, view the entire article by subscribing to Indian Construction industry News at http://www.indianconstructionindustry.com/construction_news/construction_news.php,(or) browse other breaking industrial news stories at www.indianconstructionindustry.com.