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Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

$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.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

ACE wins big at EI Awards 2021

ACE bagged two awards – Innovation of the Year and Bestseller Mobile Cranes.

Propel bags ‘Emerging CE Company of the Year 2021’

Propel was awarded at the 9th Equipment India Awards.

Schwing Stetter wins ‘Trainer of the Year 2021’ at EI Awards

Schwing Stetter was awarded at the 9th Equipment India Awards.

Bonfiglioli wins ‘2nd Rank – Innovation of the Year’ at EI Awards

Bonfiglioli India was awarded for its innovative drive designed in India for girder transporter used in high-speed rail project.

MHE in India: What drives the sector

There is high growth potential in material handling industry in India considering the pipeline of opportunities in construction and infrastructures sectors.

Fuel tracking solution’s penetration is less than 1% of the overall commercial fleet size

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99 per cent accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware/software.

More options than ever

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.

Bounce back

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

Improving machine performance

Improving overall equipment effectiveness is always a challenge.

Customers are shifting to all-round solution

Shell Lubricants has developed next-generation oils and greases for various industry applications, using the best-in-class technology.

Technology paving the way for innovation

The recently concluded mega construction equipment event bauma saw a slew of new technologies on show that are going to attract the attention of the customers in future.

Most of our attachments are purpose-built

DOZCO range of customised attachments meets the rigorous demands of several industry-specific applications. Pankaj Kumar, Vice President, DOZCO (India) shares more on the market and product trends.

Lubricant industry is becoming more dynamic

Lubricants are a crucial component of achieving significant business value by helping reduce costs and improve equipment productivity. Praveen Nagpal, Chief Technology Officer, Shell Lubricants India, shares more on his company's major activities towards this.

Genie announces changes in standards for better safety awareness

In support of OSHA?s National Safety Stand-Down to Prevent Falls in Construction week, May 8-12, Genie has released its Upcoming Changes to ANSI A92 & CSA B354 Standards presentation to help raise safety awareness in the aerial access industry. This overview explains how the ANSI A92 (United States) and CSA B354 (Canada) standards are changing and why.

Disruptive Concrete Equipment Technologies Emerging

Off late, there have been numerous disruptive technologies and equipment concepts introduced to Indian markets. Earlier most of these were only available to highly developed countries like USA or European Union where mechanisation and process integration has been of essence, to counter act lack of adequate manpower.

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.

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.

Exceeding Expectations

According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry

Good aftermarket culture is the most important credential

We get details and guidance about equipment application from our Director and we explore the options. Equipment category and application wise we have certain brand preferences, but we compare and evaluate with other alternatives also.

Max Your Capital Assets? Productivity

Smart companies are deploying software to maximise returns on their investment in construction and mining equipment, finds Charu Bahri. A new wave of cost consciousness is picking up in the construction and mining sector.

Manufacturing industry boom to propel MHE market

Coming year, we are going to launch a couple of products in electric segment including a premium electric forklift, and a more efficient version of our stacker and battery-operated pallet truck. We are also planning to launch a new model of IC forklift, says MRV Johnson, Chief Marketing Officer, KION India.

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco. Excerpts from the interview.

Manufacturing industry boom to propel MHE market

Coming year, we are going to launch a couple of products in electric segment including a premium electric forklift, and a more efficient version of our stacker and battery-operated pallet truck. We are also planning to launch a new model of IC

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco.

Lets Integrate Your Equipment

Murphy by Enovation Controls, now celebrating 75 glorious years, works with its customers to pull together the equipment package making it user-friendly, safe, more intuitive and ultimately more efficient.

Hang on!

Two monks were returning to the monastery in the evening. It had rained and there were puddles of water on the road. At one place, a beautiful young woman was standing, unable to walk across because of a puddle of water.

Batching solutions

The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.

Implementation, The Key

The intent of the Modi Government is crystal clear. A plethora of proposed projects in every vertical, to say the least, has rekindled great expectations. Thanks to the government?s focus on ?connectivity?

NHAI needs to look into obtaining the necessary land clearances before awarding projects

The North-Eastern region is a major focus area with plans in place by the authorities and quick turnaround time for awarding projects. Today, demand for equipment is also increasing gradually from this part of India, says Prantik Saha, Marketing Manager - Road Construction Equipment, Atlas Copco. Excerpts of the interview.

On top of automation

A Chemical Engineer from the prestigious UDCT Mumbai, Samir Gandhi started his career as Project Engineer with Gharda Chemicals. During his tenure of five years at Gharda Chemicals, Samir always wondered about automation in material handling of hazardous chemicals. It was his dream to have automated material handling in the industry; automatic doors for men and material movement, ramps and levelers for easy and safe loading/unloading etc, even though at that time, he did not know how and when it

JCB Excavator provides best-in-class productivity and fuel efficiency.

In the excavator segment, JCB offers an unmatched range starting from 8T operating weight (JS81) to 22T operating weight (JS 220LC), to serve the plant hirers, earthmoving and quarrying customer base. At Excon 2013, JCB introduced the JS30 mini excavator and JS360 LC which like all other JCB excavators, offers excellent fuel efficiency, says Vipin Sondhi, Managing Director & CEO, JCB India. Excerpts from the interview.

Volvo CE names new President

Volvo Construction Equipment (Volvo CE) announced the appointment of Martin Weissburg as its new president, effective 1 January 2014. Weissburg, who succeeds Pat Olney, is currently president of the Volvo Group's customer finance company, Volvo Financial Services (VFS) and a member of the group executive team

An upward trend

Over the years, the manufacturing sectors have made remarkable progress in integrating the latest and most advanced systems of material handling into the manufacturing process. There is a perceptible shift towards third-party logistics providers, increased focus on integrated supply chain

Budged-IT!

A company investing Rs 100 crore or more in plant and machinery during the period April 1, 2013 to March 31, 2015 will be entitled to deduct an investment allowance of 15 per cent of the investment.

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