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The rental market represents a huge opportunity for green CV, Manish Mathur, CEO – Cranes, Action Construction Equipment

The rental market represents a huge opportunity for green CV, Manish Mathur, CEO – Cranes, Action Construction Equipment

We believe the true value of green technology lies in its ability to deliver exceptional performance, all while contributing to a healthier environment

With a growing emphasis on sustainable practices, green construction machinery has become essential. Can you share your thoughts on this shift and its importance?
The shift toward green construction machinery is a vital transformation for our industry, aligning with India’s ambitious goal of achieving net-zero carbon emissions.  We recognise that sustainable machinery isn’t just a fleeting trend - it represents a fundamental change in how we think about construction. By incorporating eco-friendly materials, renewable energy sources, and energy-efficient designs, green construction machinery offers the dual benefit of lower operating costs and reduced environmental impact. This transition is significant not only because it helps address climate change, but also because it supports our customers in building projects that meet new, more stringent environmental standards. It’s a momentous shift that signifies a commitment from all players in our industry to actively reduce emissions and foster a healthier environment for future generations.

How do you see the popularity and role of electric machines and vehicles in driving the green momentum?
Electric machines and vehicles are quickly gaining popularity, and for good reason. They’re silent, emission-free, and offer remarkable operational cost savings over their lifespan. As urbanization increases and environmental regulations become more stringent, electric construction equipment provides a viable solution for meeting these demands without compromising on performance. The role of electric machinery goes beyond just reducing emissions; it’s about setting a new standard in construction that prioritizes efficiency, sustainability, and future-ready practices. We believe that the adoption of electric equipment not only advances the industry but also aligns with the broader vision of a green economy, allowing our clients to operate with both social responsibility and operational efficiency.

What is your perspective on customer adaptability of green construction vehicles?
Customer adaptability to green construction vehicles has shown steady improvement, driven by the long-term benefits and increasing awareness of environmental impact. Initially, many clients approached green machinery with caution, given the perception of higher upfront costs and unfamiliar technology. However, as they’ve seen the advantages - such as reduced fuel costs, compliance with new environmental regulations, and lower maintenance - more customers are now willing to adopt sustainable equipment. This growing adaptability speaks volumes about how businesses are aligning their operational strategies with environmental considerations.  We’re committed to supporting this transition by offering a range of efficient, reliable green solutions and helping our clients understand the value they bring, both economically and environmentally.

How do green technologies compare to fuel-powered counterparts in terms of benefits and long-term value?
Green technologies offer numerous benefits over traditional fuel-powered machinery, particularly when it comes to long-term operational value. While the initial investment in green equipment can be higher, the reduced fuel consumption, lower emissions, and decreased maintenance costs contribute to a faster return on investment. Over time, these savings add up, making green technology not only a smart economic choice but also a sustainable one. Additionally, green technology offers indirect advantages, such as improving air quality and reducing carbon footprints, which are increasingly important considerations for many of our clients. We believe the true value of green technology lies in its ability to deliver exceptional performance, all while contributing to a healthier environment for communities around us.

How are hybrid models bridging the gap between eco-friendliness and performance in the CE & CV industry?
Hybrid models have emerged as an effective way to bridge eco-friendliness and high performance in construction equipment. They provide flexibility by combining traditional fuel engines with electric power, optimizing fuel efficiency, and significantly reducing emissions. Hybrid machinery is especially beneficial in projects that require extended hours of operation and high power output, as it offers the performance our clients need while supporting their sustainability goals. We see hybrid models as an ideal choice for customers who want to reduce their environmental impact but aren’t quite ready to make the leap to full-electric machinery. Hybrid technology allows them to experience the benefits of green machinery while maintaining the power and durability they rely on, making it a practical yet progressive choice.

What are the opportunities for green construction vehicles in the rental market? How do you see this evolving?
The rental market represents a huge opportunity for green construction vehicles. As sustainability becomes a priority, more companies are looking to access green technology without the heavy capital investment. Renting eco-friendly equipment allows contractors to meet project-specific needs and adhere to environmental regulations, particularly for urban projects that require lower emissions. This approach also supports industry-wide adoption of green technology, as more firms can experiment with green machinery, understand its benefits, and potentially adopt it long-term. We see this trend evolving into a standard practice in the rental market, with green options eventually becoming the norm rather than the exception. We’re optimistic about this evolution and are committed to working closely with rental companies to expand their green offerings and make sustainable construction equipment accessible to a broader audience.

What challenges have companies faced in adopting green CE & CV technologies, and what strategies can be employed to overcome them?
Adopting green technologies presents several challenges, particularly in terms of higher initial costs, infrastructure requirements, and sometimes limited awareness about long-term benefits. For many companies, transitioning to green equipment requires an initial investment that can be daunting. Additionally, the infrastructure for supporting electric and hybrid machinery, such as charging stations, is still developing in many regions. We’ve found that fostering awareness about the benefits of green technology and offering flexible financing options can make a significant difference. Our strategy focuses on educating clients about the long-term savings and environmental impact, partnering with financial institutions to provide accessible financing, and collaborating with regulatory bodies to streamline adoption. By creating a support system around green technology, we can help our clients make sustainable choices that align with both their business goals and environmental standards.

How do current government policies support the transition to green machinery, and what additional measures would further encourage this shift?
Government policies have made significant strides in supporting green machinery, with initiatives like the FAME scheme encouraging electric vehicle production and adoption. These policies are vital, providing both the framework and incentives needed to accelerate the shift towards sustainable technology. However, there’s still room for more targeted policies, especially those that support infrastructure development for green technology, such as charging networks and incentives for manufacturers and buyers alike. Additional subsidies or tax benefits for eco-friendly machinery would further incentivize companies to adopt green technology. We’re hopeful that as the demand for sustainable equipment grows, more supportive policies will be implemented, making green technology more accessible and affordable across the construction industry. A combined effort from both the government and industry players will be key in fostering a robust, sustainable construction ecosystem for the future.

 




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