Remswegs Marketing expects to grow by 30% in 2023-24

  • Interviews
  • Jan 22,24
In this interview, Nitin Sethi, Director, Remswegs Marketing Pvt Ltd, highlights the challenges in the market and the company’s growth plans.
Remswegs Marketing expects to grow by 30% in 2023-24

…Says Nitin Sethi, Director, Remswegs Marketing Pvt Ltd, Indore. In this interview, he highlights the challenges in the market and the company’s growth plans.

Kindly brief us about your company.
We are a leading distributor & representative for hydraulics components, power packs, oil filter machine, welding machine, cutting machines, special welding alloys, Timken bearings, lubricants, etc. Established in 1996, Remswegs has a long term relationship to most our customers & suppliers.

Our customers, from small local companies to big International players, are mainly original equipment manufacturers (OEMs) in the sectors of mechanical engineering, construction equipment, mining machines, agriculture equipment, material handling, truck & bus industries, machine tools, plastic industries, batching plants, defence industries, hydel projects, wind mills, steel mills, etc. We are manufacturing hydraulic power pack, hydraulic cylinders, oil filter & transfer unit as per customer requirement.

We expect to grow by 30 per cent in 2023-24 compared to the previous year.

How is your company contributing to the growth of the Indian manufacturing sector?
To provide prompt & ex-stock deliveries, we maintain inventory for our all regular customer and sectors with best technical services, which help them find substitutes of imports and indigenous hydraulic components.

How is the market at present?
Amid volatility, the market is witnessing many ups and downs.

What kinds of “Green Engineering” solutions you are offering to customers? 
Panasonic welding and cutting machines, which we offer, help in green engineering.

How do you plan to scale up your business in the near future? 
With our aggressive approach, we are very much optimistic about our future growth. 

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