Lord J.C. Bamford, Chairman JCB Group, on the eve of the one year completion of PM Modi's government recently expressed support by stating, ?We are very positive about India and positive about the Indian government. He further added that ?we expect to see steady growth in India, driven by government policies and the need for better infrastructure with rise in urbanisation. Policies such the Goods and Service Tax will be good for India as it is expected to create a level-playing field for business." JCB Group CEO Graeme McDonald also optimistically adds that the company expects India to become its largest market in terms of revenue by 2018.

JLL comments that Modi government is largely on track with fulfilling poll time promises and CRISIL defines the government?s initiatives as building blocks for the nation, a platform to catapult growth. Overall the outlook is very positive for India in the days to come.

Conservation of Fuel and Energy is a prime global initiative in all aspects of modern life. Equipment industry is equally committed to same and has responded by introducing new generation machines, equipped with never before design concepts, internal energy regeneration methods, fuel efficient aggregates using specialised lubricants and maintenance features, coupled with user friendly Man Machine Integrated Management systems which substantially reduce fuel consumption and ensure compliance to stringent environmental norms without compromising on safety or productivity or increasing the total life cycle costs.

Visitors to the INTERMAT Paris 2015 also witnessed a similar approach in large number of new generation equipments exhibited by many reputed European, US, Chinese and other manufacturers. Further, there was special focus on Concreting in Europe, during the show.

The lubricant industry is the latest entrant in the global drive to conserve fuel. Extending their research way beyond tradition, this industry has now introduced advanced synthetic lubricants with fuel saving properties. Having conducted extensive trials some lubricant manufacturers claim fuel savings to the extent of 30 percent, by use of their new products.

Eventually India is bound to follow suit. Time will tell when the new ideas will be imbibed in our industry culture which may happen due to increased consciousness, availability of funds to invest in new technologies or enactment of new legislations by the government or a combination of all.

Equipment India continuously endeavors to add value for our stakeholders through new initiatives. A close watch on industry trends indicates that in India safety awareness is growing, to address scarcity of trained manpower skill development facilities are coming up in the country, owing to paucity of funds even the large companies acquire used equipments , equipment rentals are on the rise and equipment owners are adopting the best practices in maintenance. Considering these significant trends, commencing with this edition we have introduced new permanent columns on Safety in Equipment, Training, Equipment Rentals, Used Equipment Market and Maintenance, for the benefit of our readers. Looking forward to your valuable feedback on these new columns. Please write to Shankar@EquipmentIndia.com

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