IN FOR THE LONG HAUL

We speak to Mr. Ramakrishnan, Owner, SVA Blue Metals, regarding the construction industry’s outlook and its impact on the associated logistics sector and on their fleet of Tata trucks helping them with higher productivity and superior operating economics.

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The construction market of India is expected to become the third-largest in the world by 2025, primarily driven by urbanization, industrial development, and population growth. The second quarter of the current fiscal year showed a promising growth rate for the construction industry. Leading data suggests the industry is expected to see a sharp recovery by 2021 with a growth rate of 11.4%. This is reassuring news, given the construction industry’s pivotal role in driving all forms of infrastructural development across the country. Nearly 9% of India’s GDP is spent on infrastructural services, comprising the construction of highways, dams, bridges and roads.

Crucial to any construction application is the raw material, which must be of a superior quality to ensure a resilient structure and also be made available in a timely fashion to ensure the completion of projects as per plans. The mining, extraction and excavation of raw materials thus constitute an important sub-sector within the construction industry. One such leading extraction company in this sector at Tamil Nadu is SVA Blue Metals. With its major facility located in Karanempetta near Coimbatore, it has two quarries in Karanempetta and Kangeyam, both located in the state of Tamil Nadu. It is chiefly responsible for excavating and mining blue metals, a coarse particulate material commonly used in the construction industry.