Heavy commercial vehicle manufacturer AMW Motors is hopeful of a fast turnaround even for the commercial segment after Narendra Modi’s Government came to power.
“We have seen a change and situation is getting better. For the last two three months there is a slow turnaround and even heavy commercial vehicle segment will also grow now,” said AMW Managing Director & CEO Anirudh Bhuwalka while talking to The Pioneer. AMW’s product range covers the full range of heavy-duty applications in mining, construction, power, petroleum, roads and highways, other infrastructure projects and general cargo transportation.
“We are selling around 5,000 trucks per year despite difficult times, which would definitely increase now and we have no capacity constraint. AMW’ s Bhuj plant has a capacity to produce 50,000 vehicles,” Bhuwalka added. The state-of-art manufacturing includes assembly, axles and drivelines, frame shop and automated cab painting facilities. AMW’s vehicles are exported to the SAARC nations including Nepal, Bhutan
AMW, which manufactures mining trucks and construction equipment, has been hit hard in the economic slowdown. Its business got impacted as construction activities have been hardly taking place of late, especially in the large infra sectors like roads.