Conmat Heavy Industries Pvt. Ltd., incorporated on December 19, 2007, is headquartered in Vadodara, Gujarat. The company operates as a private entity specializing in the manufacturing of machinery and equipment, particularly in the concrete construction sector.
Evolution through JV and Indigenous Growth
Conmat Systems initially entered into a joint venture with KYB Corporation of Japan in 2013 to form KYB Conmat Private Limited. With KYB holding a 51% stake, the venture blended Japanese engineering with Indian operational excellence. Over a decade, the company witnessed significant growth in its revenues and market share, especially in transit mixers, batching plants, paving equipment, and self-loading mixers.
In March 2025, Conmat Group acquired full ownership by buying out KYB’s 51% stake, making the company fully Indian-owned once again. The company retained non-exclusive rights to KYB’s transit mixer technology. This strategic move strengthened Conmat’s position in the domestic market while also opening doors to broader global opportunities.
Product Portfolio
Conmat’s offerings span a wide range of concrete construction machinery:
- Concrete Batching Plants: Fully automatic systems ranging from 20 to 120 cu.m/hr capacity, known for fast setup and low maintenance.
- Paving Machines: Used extensively in canal, road, and infrastructure projects, offering high precision and durability.
- Transit Mixers, Concrete Pumps, and Self-Loading Mixers (SLCMs): The SLCMs are notable for being IoT-enabled, BS-4/ARAI-compliant, and designed for high fuel efficiency and low operating costs.
At EXCON 2023, Conmat unveiled its latest range including wheel loaders, soil compactors, vibratory rollers, and upgraded SLCM models (CSLM 4200L, CSLM 4300S) featuring improved fuel savings, ergonomics, and performance.
Capabilities & Network
- Workforce: Over 450 skilled professionals and 350+ contract staff.
- Sales & Service Network: More than 200 trained engineers across India, and dealer presence in over 25 countries globally.
Alignment with National Initiatives
Conmat’s trajectory aligns with key national initiatives like Make in India, Atmanirbhar Bharat, and Viksit Bharat 2047. As India invests heavily in infrastructure, the concrete equipment market is projected to grow significantly, with Conmat well-positioned to lead the charge. The company’s indigenous R&D, robust manufacturing, and technology partnerships ensure its role as a vital enabler in India’s development journey.
Future Outlook
With complete ownership restored and a strong innovation pipeline, Conmat aims to triple its revenues to over ₹1,000 crore in the coming years. Its focus remains on providing reliable, cost-effective, and sustainable concrete solutions tailored to India’s evolving infrastructure needs.
Conmat Heavy Industries Pvt. Ltd. represents a blend of innovation, self-reliance, and strategic foresight—playing a pivotal role in India’s transformation into a modern infrastructure-driven economy.