Sany India, a leading construction equipment manufacturer, has announced plans to significantly boost its exports in 2025. The company aims to increase its export share to 15% of total revenue, up from 10% in 2024. This comes as Sany India projects a 30% rise in export sales, targeting around 1,600 machines sold overseas in 2025, compared to 1,200 units last year.
The company specializes in manufacturing construction and mining equipment, including excavators, cranes, concrete mixers, and piling rigs. It holds a dominant market position in several segments, with a 60% share in piling rigs, 55% in cranes, 50% in port machinery, and 20% in excavators. Sany India currently exports telehandlers to the US and excavators to African and SAARC countries. The company also plans to expand its international product lineup by introducing soil compactors and other machinery.
In 2024, Sany India reported a 30% increase in total revenue, reaching nearly Rs 9,000 crore, with exports contributing over 10%. With new products tailored for global markets, the company expects exports to account for 14-15% of its revenue in 2025.
“We have developed new machinery specifically designed for the American and European markets,” said Sanjay Saxena, Chief Operating Officer for Sales, Marketing, and Customer Support at Sany India. He added that India is poised to become a major export hub in the coming years, complementing its strong domestic market presence.
To support its growth ambitions, Sany India recently inaugurated a new manufacturing facility at its 90-acre site in Pune. The facility has an annual production capacity of over 14,000 units and can handle more than 100,000 metric tonnes of production. This expansion will help meet rising demand for construction, mining, and energy equipment both in India and internationally.
Meanwhile, India’s construction equipment market is expected to grow at a slower pace of 4-6% in FY 2025, reaching Rs 83,000 crore, according to CRISIL. This follows a robust 27% growth in FY 2024, driven by strong demand from the roads, railways, and mining sectors. Rising equipment prices, due to new emission standards, are likely to support revenue growth despite the slowdown.
About Sany India
Sany India, a subsidiary of the global SANY Group, is a key player in India’s construction, mining, and energy sectors. The company offers a wide range of advanced machinery, including excavators, cranes, concrete mixers, and mining equipment. With a network of over 42 dealers and 260 touchpoints, Sany India ensures strong customer support across the country.
Aligned with India’s “Make in India” initiative, the company is focused on increasing local manufacturing and exports. Sany India has set an ambitious goal to triple its revenue by 2030, driven by innovation, sustainability, and a commitment to meeting the evolving needs of the infrastructure industry.
By expanding its product portfolio and enhancing production capabilities, Sany India is well-positioned to strengthen its global footprint while contributing to India’s economic growth.