New Year reviving hopes for business

Last year it was a very tough year for the tower crane manufacturers. Many of the tower crane company did not meet their targeted sales of tower cranes, luffing cranes, topless tower crane and other types of overhead and self erecting tower cranes. This has been due to immense/increasing competition in this sector because most of the inquiries we receive are from India and Indian buyers in the end prefer tower cranes that are being manufactured in their country because it provides them with the cost benefit as compared to importing these products from elsewhere.

A large number of buyers, construction companies, dealers, and retailers etc. who have buying requirements have delayed their idea of purchasing tower crane because of New Year. Because in most of these companies closing is been taken place because of which they have delayed their idea of purchasing tower crane. While following up with these buyers for quotations that we have sent to them they say to ask them about its status after year end. Because the price of the tower crane is too high and usually buyers and companies are not looking too stuck up so large amount of money in to something such as tower crane.