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The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.
Bhoir Group buys six LR 1300 SX Liebherr crawler cranes
Crane rental company Bhoir Group, headquartered in Mumbai, has placed an order of six new LR 1300 SX and three units of derrick equipment. The LR 1300 SX crawler crane is a 300 t class machine manufactured at Liebherr-Werk Nenzing, Austria.
Crawling Now, To Pick Up Soon?
Despite the muted demand due to lack of new projects in the power sector, the crawler cranes segment is expected to register good growth once the new projects are taken up after the general elections, writes Sudheer Vathiyath.India is a huge market for crawler cranes, especially higher capacity crawlers. This is mainly due to increasing demand in thermal power sector, nuclear power sector, steel plants, refinery expansions and wind power sector. However, the market has slowed down in the last tw