Sany India, a construction equipment manufacturer, has set a target to achieve Rs 30,000 crore in annual revenue by 2030, representing over three-fold growth from its current revenue levels.

The company, known for its product range, including excavators, cranes, concrete mixers is gearing up for this growth by expanding operations and focusing on key sectors such as earthmoving, lifting, mining, ports, and road construction. Massive investment in mega projects like roads, ports, railways, and airports, coupled with urbanisation and industrial growth, are expected to sustain strong demand for construction equipment. 

The company is also striving to boost localisation levels in its product portfolio, which currently average 30 to 35 percent, and increase localisation to 50 percent, particularly for key products like excavators, cranes, and mining dumpers.

Sany India is targeting a significant rise in exports, aiming to deliver 1,600 machines next year compared to the current 1,000. Sany India has invested Rs 1,000 crore to enhance manufacturing capabilities at its plant in Pune, doubling its annual production capacity from 6,000 to 12,000 units. Additional expansions will be undertaken as required.