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On The Roll
The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.
$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.
Eyeing new heights
The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.
An evening to cherish
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
Bounce back
Construction equipment finance has bounced back after the pandemic-forced lull.
Skidding Upwards!
Almost two decades ago, a skid steer machine was connoted as ?Bobcat?, because that was the most popular brand of skid steer machines in the world. The term ?skid steer? stands for turning on its axis by skidding and not by steering the wheels.
Backhoe Loaders Get a Rural Boost
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
Multiple taxation regime across states to be streamlined
The Central Government can support in overcoming some of the challenges by speedy implementation of a unified GST, greater investment outlay towards infrastructure development, especially in the off-highway sector, and more thrust in skill development through industry-ready educational programmes/vocational courses, says Abhijit Gupta, Managing Director, Case Construction Equipment India.
Steering the Growth
Skid steer, the little cute machine, is steadily carving a niche amidst the Goliaths of construction equipment space. Such a versatile piece of machine when clubbed with a variety of attachments, still has not got its due yet.
Dozco promises the outmost quality, reliability and timely after sales services
Dozco supplies hydraulic and rock breakers for excavators of any make from 2 tonne to 140 tonne. We also supply Pulverisers, to demolish concrete roofs, building and other geographical structures. Further, Dozco is also focused on the production of various types of chisels, the most important consumable of breakers.