Buoyant Future

An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.

Compact Road Equipment Market to Grow

Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

Projects to Augment Coal Production

Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy stated that the 7 subsidiary coal companies of Coal India (CIL) and Singareni Collieries Company (SCCL) will be taking up projects to augment the coal production.

Indian economy could well bounce back with the initiatives taken by the government

For the last two years, the business of Indian bulk material handling has been riding a very bumpy road filled with potholes in the form dynamic fluid situations, uncertainty, ambiguous status, and other such obstacles.

The government should form a task force team to clear all pending projects.

Bevcon is passionate about providing solutions to complex issues. We can and do provide the best possible solutions in the areas of environmental, energy conservation, cost-effective and reliable material handling solutions for the mining sector,says Y Srininvas Reddy, Managing Director, Bevcon Wayors. Excerpts from the interview.

Realising the mining potential

CIL sanctions Rs 2,295 cr for its 4 new mining projects

Government-owned miner Coal India has sanctioned Rs 2,294.79 crore for its four new mining projects with an estimated capacity of 12.5 million tonne. During the 12th Plan period, CIL has plans to take up 126 projects with an estimated capacity of 438.04 million tonne.

India is developing as an attractive manufacturing base for export of CE

In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,

India could face 200 mn tonne coal shortage

The Planning Commission feels that India will still face a shortfall of about 200 million tonne of the fuel source by the end of the 12th Plan Period. IA Khan, Advisor Energy, Planning Commission, said that India would have to depend on imported coal, unless it is able to tap other natural resources to a greater extent for power production. India?s coal demand is estimated to go up from 640 million tonne in 2011 to 12 to about 980 million tonne by the end of the 12th Plan, by which time its prod

India presents a vast potential for overseas investment, and VDMA acts as a bridgehead

The bC India show will facilitate closer interaction among German technology suppliers and the Indian construction industry, paving the way for increased global interest in the Indian market. Hence it would be a ?win-win? situation for the industry, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

Off-Highway Research remains bullish about the long term prospects of the CE market.

The central government has broadly planned for an invest?ment of nearly $1.0 trillion on infrastructure development during the 12th Plan. Of this, around $180 billion investment is planned for the road sector. This investment is highest ever invest?ment for any Five Year Plan and should have a very positive impact on the con?struction equipment industry, says Samir Bansal, General Manager, India, Off-Highway Research. Excerpts from the interview.

Steadily chugging ahead

Even though the road sector in India continues to face multiple challenges, a strong pipeline of projects supports long term prospects. Around $180 billion investment is earmarked for the road sector, which is the highest ever investment for any Five Year Plan, and this should have a very positive impact on the construction equipment industry. The prime factor favouring the growth of the road equipment industry is the sheer scale of work still to be done in this sector.

Sany aims for 15% market share

Sany Heavy Industries India said it aimed to capture 15 per cent of the Indian excavator market in the next three years. Sany has invested about $60 million in its Chakan plant near Pune and launched its 7-23 tonne range of excavators last October. The company has sold about 200 units as compared with the current market size of 16,000 units. The market for excavators is expected to reach 20,000 units a year in the next three years, of which the company aims to sell 4,500 units, Richard Deng, Man

Mechanisation in rural areas leads CE demand

It is quite surprising that on one side, the infra sector has slowed down and on the other, equipment sale is going up. As per the leading manufacturers of construction equipment, excavator sales have increased by approximately 10 per cent during FY 2011-12 compared to FY 2010-11.

Budget Quotes

The Budget 2012-13 aims at sprucing up the country?s infrastructure and readying it for higher growth. Stalwarts from the construction equipment industry respond to the budget.

Construction Equipment Trends in India

Many companies are setting up manufacturing facilities in India, as the country is increasingly becoming a global manufacturing hub. A large and growing domestic market, lower manufacturing cost,

Gensets: Driven by Demand

Increased activities in infrastructure development coupled with the demand-supply imbalance in power have pushed the demand for gensets. In this era of increased activities, emission is a major factor to confront with.

By the year 2014-15, the top line should grow three to four fold

We have undertaken a number of measures such as creation of fiscal strength, intellectual capital sufficiency, diversification of our product and capability repertoire, as well as investment in greenfield expansions, together with strengthening of our service brand, says Sumit Mazumder, Vice Chairman & Managing Director, TIL.

A complex growth pattern

Till date, leasing has not been not more than one per cent of the total equipment finance market. However, with the clarity coming about taxation related to leasing and a direct tax code coming up, there is a huge opportunity of revival of this product in the coming years.

Nawa has been a prime mover in CSE industry since 1998

Track-mounted crushing, screening and conveying equipment are some of the latest innovations in this industry. Nawa will also be introducing this machinery in 2012 in India totally manufactured in Nawa plants.

CE Boom Heads East

Even as the American and European markets continue to languish after the global economic crisis, the world is looking towards the BRIC nations (Brazil, Russia, India and China) to lead the recovery.

Mobile Cranes: Towards Sustainable Growth

The growth potential for lifting, loading and handling solutions is huge and continuously increasing, as India propels itself for a sustainable nine per cent plus per annum economic growth.