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Vipin Sondhi: Indian infra booms with road construction opportunities

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - India’s biggest road exhibition - will be held as a part 10th India Construction Festival 2024 at Jio Convention Centre, Mumbai, from October 9-10, 2024.

OEMs are evaluating multiple options of adopting alternate fuel.”

BKR Prasad – General Manager, Marketing, Tata Hitachi Construction Equipment

Budget 2024: Key highlights

Key highlights of Interim Budget 2024

Our primary focus is on improving productivity of customers

MT Swamy, Regional Leader - APAC, Infra Business, Kennametal India

We're deeply committed to ESG initiatives

Anand Sundaresan, Managing Director, Ammann India

Schwing Stetter India announces entry in CE sub segments at Excon

The new path breaking construction product line-up covers mining, shipping, and road & highway infrastructure industries

The Indian excavator market stands at around 25,000 machines

During the recently-held JCB Excavator Day in Pune, Deepak Shetty, CEO and Managing Director, JCB India, speaks on the current market share of excavators in the Indian construction equipment industry and JCB’s position within it.

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

CMA appoints new president and vice president

Parth Jindal, Managing Director of JSW Cement appointed as Vice President

NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

Fuelling the future

Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.

Chip component plant to get $300 mn expansion in Pennsylvania

The electronics subsidiary of German multinational healthcare company Merck KGaA said it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials hope will help boost the area's appeal to the fast-growing semiconductor industry.

The demand trend for earthmoving equipment is expected to remain positive

Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.

Navigating the Depths

How IIoT is enhancing safety and efficiency in underground mining.

What are the latest innovations in the OTR tyres segment?

CW speaks to experts to understand new trends in the tyre market.

We are hopeful to maintain a steady growth of around 15 to 20%

Subrata Mitra, Group President, Vishwa Group of Companies

The Rise of Equipment Rental

The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.

An Upward Trend for CE Industry

Off-Highway Research forecasts the market to grow by 9 per cent to 89,350 units in 2023 but predicts it to fall 7 per cent to 83,350 units in 2024 (the general election is scheduled that year).

The New Outcome-Focused World of Manufacturing

The article outlines how smart, connected services can be used to drive efficiencies and provide insight to inform decision-making that ensures competitiveness while improving performance and profits.

Rental industry preparing for a bright future

India has nearly $2300 million worth of construction equipment sold every year, out of which 7 to 8 per cent is sold to rental companies, writes Mukesh Sharma of Atlas Copco.

Innovation to achieve excellence

Our success mantra has been the tenacity and hard work of our team, coupled with our focus on satisfying customers’ real needs, along with our ability to offer the right product, at the right price, with the right service support, says SORAB AGARWAL.

Towards a Sustainable Future

Tata Hitachi has made significant investments in its plants at Dharwad and Kharagpur towards renewable energy, rainwater harvesting, and reusing ETP water for irrigation

Towards a “Greener Future” together

Developing businesses are treating “sustainability” as the crucial goal of their method and operations to escalate growth and to compete in the global market.

Shriram Automall gets Great Place to Work certification

Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces

Shriram Automall gets Great Place to Work certification

Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces

We plan to grow by 13% growth in the top line in 2023

Ramesh Babbar, President and Director, Columbia Machine Engineering, speaks on the year 2022 in terms of performance, and the company's plans for 2023.

Bringing the CE industry together

As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.

BKR Prasad: We expect the industry to post double-digit growth

BKR Prasad of Tata Hitachi speaks on the key products on display during bauma.

We are keen to showcase our readiness in building the India of tomorrow

BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.

We are going to be country’s first manufacturer of electric CE

Sorab Agarwal, Executive Director, Action Construction Equipment, speaks on the key products on display during bauma CONEXPO.

Despite the Covid threats, we expanded by more than 20%

Biman Banerjee, Senior Manager, Branded Sales, Mallcom India, speaks on tackling the competition from Chinese companies

In India, there is a need for 1 MT of ammonium nitrate

Vivek Misra, Associate Vice President, Business Excellence and Transformation, Smartchem Technologies, speaks on the various challenges faced by the company.

We are launching new ‘Made for India’ tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the key products on display during bauma CONEXPO.

We are looking for new products and new markets

Subrata Mitra, Group President, Vishwa Group of Companies, speaks on the major products of the company for the mining industry.

Mining the Future

With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.

Infra Push Drives Demand

The rise in infrastructure projects will only see an increase in demand for attachments for construction equipment.

We anticipate growth of 30 to 40 per cent this year

Ashutosh P Gokhale, Director, Oilmax Systems, speaks on Oilmax Systems and its offerings for the construction equipment industry.

On track: double-digit growth

Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

The market is shifting towards bigger vehicles in the tipper segment

We have a total of five manufacturing plants in India, of which four are located in North India and one in South India

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

Honda India Power Products forays into e-commerce

Honda India Power Products (HIPP), India's leading and best-in-class power product manufacturer, and market leader in the power products category for the past 36 years, announced the launch of an exclusive e-commerce portal on its official website: www.hondaindiapower.com.

Enhancing efficiency

India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.

$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.

Elgi Equipments' March 2022 net sales at Rs 727.61 cr

Consolidated sales for the fourth quarter was Rs 728 crore as against Rs 611 crore in the corresponding quarter in 2020-21.

About 400 comprehensive GIS-based maps prepares under PM GatiShakti

Minister of Commerce and Industry Consumer Affairs Food and Public Distribution and Textiles Piyush Goyal told the media that about 400 comprehensive geographic information system (GIS)-based maps have already been prepared under PM GatiShakti National Master Plan.

Elgi Equipments revenue up 31%

Manufacturer of air compressors, Elgi Equipments, said it will take steps to keep costs under control as inflation, war, and political unrest in some geographies threaten to affect demand and margins.

There is a surge in rental demand for AWP and MHE

Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment

Crushing Need: Energy-Efficiency

Environmental and energy-cost issues make it vital for the crusher and screening equipment industry to focus on energy-efficient machines.

Improving machine productivity

The demand for the hydraulic hose is estimated to grow at a substantial rate from the construction industry owing to the requirement of high operating pressure and maximum abrasion resistance to the equipment.

Our OTTs enable skid steer loaders to operate in any environment

We are very glad to see that Excon is happening this year. As this is the first show that we will be participating in post COVID, we are excited to be a part of it and look forward to meeting with existing customers one on one and making new connections.

We expect about 25% increase in sales of first quarter

Vishvaroop Anand Managing Director, Titan Crushing Equipment.

JCB’s thrust on digital technologies

Excon 2021 is indeed going to be the first major exhibition for the construction equipment industry, post-pandemic, hence, expectations are high. There is likely to be an even greater active participation by the industry than what we have seen in the past editions.

Opportunities for 45t class excavators are immense

Rahul Shorey National Head – Construction, Tata Hitachi Construction Machinery Company.

We will be having six new launches during Excon

VG Sakthikumar Managing Director, Schwing Stetter India.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

Bringing biodiesel on the market

Fuel costs and India’s reliance on foreign fuel sources are a constant concern for many construction owners whose businesses are heavily dependent on machinery that requires diesel. Many alternate energy sources have been discussed, researched, and used in the past but, for equipment, the primary form of alternate fuel has become biodiesel.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

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.

Chamarajanagar to set up lithium-ion cells production unit

Chamarajanagar in Karnataka will set up a production unit of Lithium-ion cells and batteries, which will soon power the electric vehicle (EV) revolution across India.

Sriram of IndusInd Bank: CE finance industry is a competitive marketplace

AG Sriram, Head – Consumer Finance Division, IndusInd Bank, speaks on the current portfolio in relation to construction equipment financing

The New Outcome-Focused World Of Manufacturing

What’s Your C-sat Score?

C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.

The world is transitioning towards sustainable business practices.

Our emphasis has always been to keep the customer foremost in our mind. We have therefore, laid special emphasis on customer-friendly products and solutions that are easy to adapt to and help in enhancing usability and serviceability.

At L&T, customer centricity has been at the core of all activities

At L&T, customer centricity has been at the core of all activities and decisions. With our credo ‘In Service lies Success’, we have continuously provided superior value delivery to customers both in terms of the latest technology and superior performance products aided by unmatched after-sales support.

Electric mobility is the segment we focus on most

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

L&T dispatches 700 MWe steam generator to GHAVP

The heavy engineering arm of Larsen & Toubro, flagged off the fourth steam generator (SG) for NPCIL’s indigenously designed 700 MWe pressurised heavy water reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana.

Sustainability in logistics

Sustainability within logistics is expected to be taken up on a larger scale, with digitalisation and automation being prime movers of such operations, writes Huseni Vohra of Ocean Insights.

Towering Ahead!

The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

All eyes on Excon!

The year started with venues opening up slowly after a lull in the last two years. In line with the growth of the industry, the 11th edition of Excon—termed South Asia’s largest construction equipment (CE) and construction technology trade fair—will take place at the Bangalore International Exhibition Centre (BIEC) from May 17-21.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

L&T dispatches 700 MWe steam generator to GHAVP

Leveraging Technology

Through Technovation 2022, Schwing Stetter exhibited the concept of innovation through technology in the concrete and construction industries across the country.

Make in Steel 2022

The fifth edition of Make in Steel Conference and Awards 2022, with the theme “Gearing up for sustainable steel in India”, offered three interactive panel discussions and thought-provoking industry keynotes.

Hajela of L&T: India has potential to be an export hub for compactors

Vivek Hajela, VP & Head- CE Business, Larsen & Toubro, shares information on the current market size of compactors in India, and the upcoming digital technologies in compactors.

Paving the way ahead

While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.

Battery vehicles are now trending in the market

Today India is one of the fastest-growing economies – power consumption and steel are prime indicators of growth, and are having a northward trend hence the demand for minerals and metals both are growing in India.

There is no defined market for telehandlers in any industry

In light of the plans of infrastructure creation and reforms in mining, what opportunities do you foresee for construction equipment? Opportunities for construction equipment like telehandlers in the mining industry are from the very first day of the mining – from mine formation/construction/ infrastructure maintenance/operational duties and up to mining machinery maintenance. The different attachments make the difference. One single machine (telehandler with some common mining attachments like fork, basket, tyre handler hook, etc.) can replace and reduce the workshop gathering of different machines for different jobs.

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

One of the major demand drivers is increase in demand for underground mining equipment

With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.

Opportunities galore

The construction industry across the globe is anticipated to present significant opportunities for construction equipment.

We are trying to scan India For our global model

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

Snapshot of L&T's Q3FY2021-22 results

Larsen & Toubro Q3 consolidated revenue recorded growth of 11% at Rs 39,563 cr

S. Chandra of Liebherr: Crane equipment rental has good future

Subhajit Chandra, Divisional Head – Mobile Crane Division, Liebherr India, speaks on how the market for medium and heavy-duty mobile cranes is progressing in India.

Indian construction equipment industry growth slumps in Q3FY22

On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.

Gaining traction

Growing construction industry supported by global megatrend of urbanisation is expected to drive growth of the global aerial work platform market.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Demand for high productivity and high-capacity machines are increasing

With over 330 years of innovation and passion, Husqvarna India Products provides construction professionals with support, service and a wide range of machines, diamond tools and all accessories that you need to cut, saw, drill, demolish, grind and polish concrete.

Concrete proof

Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.

Hatgine of Ifm: Covid-19 has expedited transition to automated systems

Amit Hatgine, Manager-System Business, Ifm electronic, on automation and control solutions offered by the company for construction equipment.

Icra slashes growth forecast for auto components industry to 17-20 pc for FY22

According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.

L&T commissions expansion project of Utkal Alumina Refinery

The Metallurgical and Material Handling (MMH) business of Larsen & Toubro has commissioned the 0.5 MTPA (million tonne per annum) expansion project of Utkal Alumina International (UAIL), a wholly owned subsidiary of Hindalco, the metals flagship company of the Aditya Birla Group.

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