Sany to double market share in TS, AP

​Hyderabad: Construction and mining equipment maker Sany Heavy Industry India Pvt Ltd, a wholly-owned subsidiary of China’s Sany Group, is looking to double its market share in Telangana and Andhra Pradesh over the next one year.

At present, the Pune-based company enjoys five per cent market share in Telangana and about 3.5 per cent in Andhra Pradesh, led by its popular range of excavators. The pan-India market share is, however, a shade higher at 6.5 per cent. “We are aiming at doubling our market share in Telangana and Andhra Pradesh in a year as sales have picked up in both the Telugu states,” Dheeraj Panda, Business Head, Sany India, told The Hans India.

According to him, new irrigation, mining and road projects currently underway in Telangana, are driving the sales growth of the company in the State. “We expect a similar growth trend in Andhra Pradesh as the government there is also taking up new projects,” he added.

The company appointed Madhura Engineering Services as its channel partner and authorised dealer for Telangana State and Kurnool district in Andhra Pradesh to expand its sales network and increase sales. Deepak Garg, Chief Executive Officer, Sany India, inaugurated the Madhura Engineering’s dealership facility in the city on Wednesday.

“The growing infrastructure development in Telanganae has resulted in growing demand of construction equipment. With this new dealership, we look forward to serve our existing and prospective customers,” said Garg With head office in Hyderabad, Madhura Engineering Services will set up four offices with 3S facilities with the capability to cater to all needs of customers related to sales, service and spares.

“As an authorised dealer, we have highly trained and qualified professionals working for us, coupled with unmatched spares, service and sales support,” said Madhusudan Katragadda, founder, Madhura Engineering Services. Forayed into the Indian market in 2002, Sany established a Rs 600-crore plant in Pune in 2009 to manufacture construction equipment and machinery.

In India, it operates four business verticals such as Excavators, Heavy Equipment Machinery, Concrete Machinery and Renewable Energy. Its product range includes excavators, various types of cranes, batching plants and wind turbine generators. The company is also planning to set up wind power plants in the country.