Construction Industry News
Mr. Rajesh Sharma, Vice President and Head-Marketing, Sales and Product Support, Escorts Construction Equipment Limited, elaborates, "The demand for pick and carry cranes has got a strong correlation with the country's economic growth. Positive economic forecasts, supplemented by industry estimates, the demand for pick-n-carry segment is expected to be to the tune of 17-20% CAGR in the next five years. The economic growth would create a wide range of lifting jobs across infrastructure, mining, agricultural, industrial and urban renewal sectors. With the help of intrinsic - lifting and mobile features, widespread deployment of these cranes can be undertaken, be it pole erection, or laying pipelines. Going by its traditional application, pick-n-carry crane can find its wide usage as support equipment in construction projects at job sites whether it is for moving captive power generating sets or moving steel structures.
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