The industry as a whole is bullish and expects the good times to continue. Most have ambitious plans to capitalise growth in the years to come. However, their approach is cautious and they are taking one positive step at a time.
Guizzetti is very positive. He says, “By 2018, we expect the market to take the next stage of growth, where it will shift from purely concept selling. We see the market still small, but growing by leaps and bounds. It is a very capable market, because India is a dynamic market that grows at high speed. So things will change rapidly, and of course, a lot of interesting things are happening in the downstream level, with the public sector investments, and the efforts the new government has put in. So probably with the larger policies and programmes being implemented by the government, there will be a lot of applications for our equipment.” He adds, “With a lot of public sector investments, we can explore a lot of private sector investments (too), and overall infrastructure initiatives at the macro level. We are looking forward to consolidating our presence in India, and being a partner to India and its stakeholders’ growth.”