FCC

We're deeply committed to ESG initiatives

2023-12-25

Can you tell us about the products on display and any new launches?

We have some exciting new launches. Firstly, we've introduced a 7-m track, completely indigenous, followed by a 9-m track. Additionally, we've unveiled a battery-operated converter and a Soil Compactor, a rarity in India where most use traditional equipment for soil compaction. This plant here is a game-changer; it can recycle up to 60 per cent of materials, aligning with the growing emphasis on using recycled materials. We've already supplied one to GR Infra, and they've exceeded 100,000 tonnes of mass per day. Recycling is gaining traction, and we're ready to go up to 100 per cent recycling, given our expertise and technology.

Are there plans for capacity expansion?

Currently, the technology is from Germany, but we handle all fabrication in-house. We have ample capacity for growth, even though we aren't utilising all machines due to the impact of COVID. We're equipped with robotics and are cost-sensitive, awaiting government mandates to push for more sustainable practices.

What steps is the company taking to reduce carbon emissions?

We're deeply committed to ESG initiatives. Our parent company in Western Europe drives these efforts. We’re investing in reducing carbon footprints in India, including plans for solar power installation. We’re working on a roadmap to measure emission reduction, such as transitioning from BSIV to BSV. We're also exploring alternative fuels like hydrogen.

Can you elaborate on the company's training initiatives?

Training is crucial, especially for complex equipment like asphalt plants. We have an academy providing theoretical and on-the-job training, typically spanning six months. However, challenges arise as customers are hesitant to send operators for training. We're urging the government to make certified operator training mandatory to elevate the profession's status.

How do you foresee the impact of upcoming elections on the industry in 2024?

Elections often lead to increased infrastructure contracts, offering a temporary boost to the industry. Post-election, there might be a slight decline, but overall, a positive trend is expected, especially with the release of new contracts.

With a new leadership transition, how is the company ensuring a smooth handover?

The transition has been seamless, with the new leader bringing in nearly three decades of experience. He joined three months ago, and we're working together to ensure a smooth transition.