Proman Infrastructure Services Pvt. Ltd is a Bengaluru-based company formed by a group of professionals with vast experience in crushing, screening and heavy equipment. R.S. Raghavan, in an email interview with Prashant C. Trikannad, talks about the impact of the slowdown on crushing and screening manufacturers and suggests remedies that he would like the government to implement.
With the formation of a new government, what is your outlook for the infrastructure sector in general and the mining sector in particular?
We are confident that for now the government will facilitate infrastructure development. They have already started debottlenecking the hurdles. The statement and action taken is pro-growth in the infrastructure industry. Railway connectivity projects and river linking projects are all massive infrastructure projects.
Would you like to see reforms and policy changes in any specific areas?
We want reforms in project industry, climate stability, business confidence, and transparency in policies pertaining to environment and industry that can promote and encourage manufacturing and entrepreneurial spirit.
What steps can the government take that will benefit your company’s field of activity, namely crushing, screening, grinding and heavy equipment?
Investing in infrastructure will definitely help our industry. Proman as a quality crushing and screening equipment manufacturer wants a level playing ground in term of taxes and duties vis-à-vis other states. Also, protection ought to be given to domestic manufacturers against dumping of cheap inferior quality goods from countries like China.
Is availability of finance or bank lending an issue for your segment of the industry?
Due to slowdown on infrastructure industry many crusher owner have defaulted in their payment to the finance company. In the last couple of months banks and finance companies are very cautious or slow in responding to funding needs of the construction industry.
Can you briefly talk about your company’s business vis-à-vis capacity and production as well as demand for your products?
The demand for crushing and screening equipment has been low. However, niche areas like sand and upgradation of existing capacities has been steady. We expect the demand will pick up with the new government’s push on infrastructure spending. Proman has expanded its manufacturing and vendor base to cater to the demand surge.
What are some of your key products and which industries do they primarily cater to?
Proman manufactures the complete range of Jaw crushers, Cone crushers, Vertical Shaft Impact Crushers and Screens, and we are one of the leading suppliers of crushing and screening equipment in India. We cater to the aggregate, mining and industrial mineral industries.
Does Proman have any international collaboration?
Proman has collaborations with some of the best manufacturers of crushers like REMco, USA; Ortner, Europe; and Finedoor, UK. We build all our products in India under these collaborations.
What are your plans for the current year as well as for the remainder of the 12th Five-Year Plan?
Proman will focus and consolidate in our core areas of crushing and screening. We will continue to focus on providing innovative crushing and screening solutions to all our customers.