Material Handling Equipment
Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).
Construction equipment use all types of transmission systems. These will include transmissions for traction of the construction equipment like wheel and track drives, in addition to transmissions that are used for operations like slewing, hoisting and other such critical functions.
India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.
With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.
Off-the-road (OTR) tyres are largely used in vehicles, equipment and machinery employed in agriculture, mining, construction and industrial sectors. Consequently, any changes or fluctuations in the said sectors directly influences the growth of OTR tyre market.
Nishant Jain is a Director of Rollwell Group, whose flagship companies include Rollwell Conveyor Components Pvt Ltd, Rollwell Technical Services Pvt Ltd and Temcor Rollwell Domes Pvt Ltd.
In light of the various infrastructure development initiatives by our government and expansion plans declared by various related agencies, the Bulk Material Handling Equipment (BMHE) sector
The three millionth engine came off the production line at Deutz's main factory in Cologne-Porz, Germany, another milestone for the engine maker.
Want equipment on rent and are faced with limited, non-trustworthy options; Unhappy with the limited offline sources or non-curated online sources; Want to save capital, operator and maintenance cost by renting an equipment
With the government moving fast to meet the latest emission norms and OEMs making further improvement in design, the lubricants industry is set to witness a major revolution in product innovation.