Material Handling Equipment
We aim to grab 25 per cent market share in five years
ATG has wide range of radial OTR tyres for loaders, graders, dumpers etc and we see a very good response from the market. Harinder Singh, President - APAC, Alliance Tire Group (ATG), elaborates on the market scenario and company's plans.
RIDING ON INFRA PUSH
Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.
Poised for growth
Bulk material handling systems are mainly used in coal and mineral processing applications, ports for handling bulk cargo, food processing, sand, gravel, etc. Conveyor systems are the majorly used bulk material handling equipment.
Setting A new benchmark
Marking 20 years of lifting innovation this year, Combilift unveiled its all-new manufacturing facility in Monaghan, Ireland to produce its complete range of material handling equipment.
Every third piece of equipment is financed by us
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).
We are on track with our plans to build a new facility
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.
Revival on Cards?
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.
Optimising efficiency
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.
ON THE MOVE
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.
Promising entrepreneur
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.
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