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Infrastructure Energy

- Ramesh Palagiri, Managing Director & CEO, Wirtgen India

In an exclusive video interview hosted by CW and EQUIPMENT INDIA, Ramesh Palagiri, Managing Director & CEO, Wirtgen India, speaks on the opportunities in India’s infrastructure space and how the company is gearing up for the future...

Excerpts:

Tell us about trends in the construction and CE industry.

The construction industry had phenomenal growth for four years till 2018 where industry volumes doubled from 50,000 to close to 100,000 units. In 2019, however, construction equipment volumes dropped by 20 per cent. They were beginning to pick up in January and February this year but, from mid-March, the COVID-19 crisis almost stopped demand. Today, we h