$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

JK Cement, UltraTech, Shree Cement bag awards as fastest cement cos

JK Cement, Ultratech & Shree Cement swept the 5th Indian Cement Review Awards 2021 at The Lalit, Delhi, on 17th December 2021 among the large category (over Rs 5000 cr operating revenue) amidst an august gathering of captains of industry, bankers, fund managers, bureaucrats, technocrats and media.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

Will cement demand grow post-pandemic?

Automation, digital transformation, new energy sources dominate discussion

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

We are preparing ourselves for the future

With timely planning and execution, the government will be able to alleviate the current situation and lead the construction market on the road to recovery. Puneet Vidyarthi, Brand Leader, CASE India, CASE Construction Equipment, shares more on the market scenario.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

Digital Disruptions in Construction Rentals

Digital disruption is pushing customers and contractors to move from asset ownership towards a lease or rental model, writes Anant Raj Kanoria.

Zoomlion's tower crane sales top 10 billion yuan in 2019

Zoomlion Heavy Industry Science & Technology Co is celebrating a new milestone as its tower crane sales crossed the 10 billion yuan ($1.43 billion) mark in 2019, making it the first global company in the market to reach the new high. The annual sales of Zoomlion's tower cranes have been doubling for four consecutive years.

Backing Infra Growth

Digital technology for mobile equipment is in transition

B&R Industrial Automation offers high-performance and technologically advanced products and solutions to construction and off-highway equipment OEMs.

Pioneering Growth

Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.

Scaling up skills

A qualified and productive workforce in mining operations is of utmost importance. Pavan Kaushik elaborates on the efforts of Hindustan Zinc (HZL) and its Mining Academy in enhancing the skill levels of mining machine operators through its various hands-on training courses.

Digital disruption in CE space

Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.

We will have our biggest presence in Excon this year

The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).

We will organise a live demonstration area at our booth

Investment in infrastructure is nowadays the key for India's economic growth sustainability and a guideline behind many policy initiatives by the Government of India.

We desire to provide Affordable Uncompromised Mechanisation

The government has estimated a total infrastructure spending of about 10 per cent of GDP during 2012-17, up from 7.6 per cent during the 2007-12 period.

We see Excon as a business facilitator

Post GST, the construction equipment (CE) sector in India had a short term hit. Retail hiring segment was adversely effected, as it is more of unorganised sector.

Gearing up to meet demand

The Indian construction equipment industry is poised to revive and its rapid growth is boosted by increased investments in infrastructure development. Meritor India is all geared up to meet the burgeoning demands of the industry and construction equipment manufacturers with its strengthened product portfolio.

Equipment India Awards 2017 and CEO Forum

The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.

Italian CE market up in 2016

According to Unacea, the Italian construction machinery association, 10,984 machines have been sold in the Italian market in 2016, 26 per cent more compared to the previous year. Figures consist of 10,517 earthmoving machines (+25 per cent) and 467 road equipment (+44 per cent).

Escorts Agri Machinery volumes up In December 2016, Escorts

Agri Machinery sold 3,187 tractors against 2,751 tractors in December 2015, recording a growth of 15.8 per cent. Domestic tractor sales for December 2016 grew by 11.6 per cent at 3,043 tractors against 2,727 tractors in December 2015. While, export for the month of December 2016 grew by 500 per cent at 144 tractors against 24 tractors in December 2015.

Cyient rated leader across four industry verticals

Zinnov, a global consulting and advisory firm recognised Cyient as an expansive and established player in the overall category in the Zinnov Zones 2016 Product Engineering Services Report. The report rated Cyient in the Leadership Zone across four industry verticals - Aerospace & Defense, Energy & Utilities, Transport, and Construction & Heavy Machinery.

Industry?s Take

In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.

Rural road construction pace to pick up

The construction pace of roads built under the flagship scheme of Pradhan Mantri Gram Sadak Yojana (PMGSY) has increased to 139 km per day.

We are currently focusing on promoting our range of LFP batteries

The anticipated All India power supply position as reported by CEA in its Load Generation Balancing Report 2015-16, indicates that the country is expected to experience a peak shortage of 2.6 per cent and energy shortage of 2.1 per cent, despite very high shortages likely to be experienced by Southern India

Make In India Week

Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.

On Course for Success

Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

We believe India to be one of the highest potential markets for our products

For over 15 years, MB has been a leader in the fields of crushing, demolition and recycling, by designing and manufacturing the very first jaw bucket crusher. Since 2001, MB has offered the largest line of patented crusher buckets across the world, suitable for excavators, backhoe loaders, front-end loaders and skid steer loaders.

We will continue to contribute to the infra developments of India

The construction equipment industry is the only one in the country which has witnessed a continuous decline for the last five years. We are still witnessing a marginal decline in the first half of this financial year.

We want to be the top 20 dealership in the world by 2020

TVS dealership business has a charter, instead of being a dealer at one site or one location. We have been a strategic partner to the automobile and equipment manufacturers, in addressing a region?s needs and therefore enable a high market share to them and also ensure a higher customer satisfaction

This year our target is to launch tunnel boring machines

We are involved in the sales and service of construction equipment and spare parts from for leading Chinese equipment manufacturers; - Zoomlion for truck-mounted cranes and crawler cranes, and Sichuan Construction Equipment for big capacity tower cranes.

Towering the Demand Curve

What lifting capacity range of TCs will dominate the demand for free standing, external and internal climbing configurations? Say Malik ?The 5-6T capacity TCs will remain as the most dominate category.

First Kleemann Screen Rolled Out in India

Wirtgen India rolled out the first Kleemann range screen from the newly inaugurated plant, and is set to launch a slew of products for the Indian market.

Integrated Load Handling Solutions

With a myriad of attachments, truck-mounted cranes have created niche applications segments with faster, safer and more productive solutions.Construction industry has been witnessing a shift towards using safer, more advanced technology, especially application-oriented equipment and machinery

Sandvik acquires Varel

Sandvik has reached an agreement to acquire Varel International Energy Services (Varel) for approximately $740 million. Varel is a global supplier of drilling solutions. The key customer segment is in the oil and gas sector, with some exposure to the mining and construction industries

ISO/TS 16949 certification for Daimler India

Daimler India Commercial Vehicles (DICV) recently received the TS16949:2009 certification for implementation and maintenance of quality management system in design and development and manufacture of commercial vehicles. Dr K Murugan, Managing Director? CEO, Underwriter?s Laboratories DQS (UL DQS) India, presented the certificate to Marc Listosella, Managing Director and CEO, DICV at Daimler India?s corporate office in Chennai. Affiliated to the International Automotive Task Force (IATF), the ISO

New Liebherr crane for Autokrane Schr?der

Autokrane Schr?der based in Celle, Germany, has taken delivery of a new Liebherr LTM 1200-5.1 mobile crane. The 200 tonne capacity crane will join seven cranes in Schr?der's fleet ranging from 30 to 200 tonne. Tasks for the cranes in Autokrane Schr?der's fleet include assembling prefabricated concrete and steel components. The company also has a truck recovery business.

Leyland-Deere to ramp up portfolio

Ashok Leyland's joint venture with US-based John Deere plans to ramp up product portfolio to gain a significant foothold in the Indian construction equipment market. P Ravishankar, CEO, Ashok Leyland John Deere Construction Equipment Company, said that very soon the company would be coming up with wheel loaders for bulk material handling applications.

High capacity floating cranes

In open sea or sheltered waters, efficiency and flexibility are the main factors of a floating crane. Floating crane is a specialised lifting equipment mounted on the vessel, which can be maneuvered to any location in the sea or river for lifting heavy loads.