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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

We plan to double our production capacity

ACE, one of the largest construction equipment players in the mobile and tower crane segments in India, showcased its upgraded and new backhoe loader models in different engine horsepower categories at Excon along with award-winning products like a special crane for piling, 360-degree slew pick-n-carry crane, and manlift crane.

India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA

Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets

SDLG reopens factory following coronavirus pandemic

Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.

SDLG reopens factory following Coronavirus pandemic

Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.

Requirement for bigger plants will come down in 2019

One pathbreaking offering: We have introduced a tower plant for the city environment. The plant has a footprint of 6 m + 8 m with vertical space and works in a total dust-free environment.

BAUMA CHINA 2018

With over 13 per cent more exhibitors and 25 per cent more visitors compared to the previous edition, bauma CHINA 2018 was a grand success.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

We foresee increased participation from neighbouring countries

Infrastructure sector is one of the key drivers for Indian economy and also constitutes primary market for construction machinery. This sector is mainly responsible for propelling India's overall development and enjoys prime focus from government for policy initiatives.

CE industry remains bullish on long-term prospects

In today's scenario of globalisation, it is important that the buyers put weightage on value for their money and hence prefer quality equipment with advanced technology and customisation.

Our offerings include a range of construction and mining equipment

China Construction Machinery Association (CCMA) enjoys close cooperation with Messe M?nchen Trade Fair Company. Since 2002, it has jointly organised the world?s leading trade fair for construction machinery expo-bauma China-with Messe M?nchen. Qi Jun, Chairman, CCMA, shares more.

We are displaying our new model LTM 1250-5.1 crane

The current equipment industry scenario is quite different. During last bC India, the market was going through a crisis. The requirements were on decline and sale had dropped considerably. This year, the situation is much better.

XCMG to build $250 million CE base

XCMG Construction Machinery Co Ltd, a unit of China?s Xuzhou Construction Machinery Group Co Ltd (XCMG), plans to build a 200,000-sq m manufacturing base in Chennai, the company said in a June 13 filing to the Shenzhen Stock Exchange.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

This year our target is to launch tunnel boring machines

We are involved in the sales and service of construction equipment and spare parts from for leading Chinese equipment manufacturers; - Zoomlion for truck-mounted cranes and crawler cranes, and Sichuan Construction Equipment for big capacity tower cranes.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

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

We have an advantage with our products and service support

The slowdown has helped us approach most of the rental companies. We have increased our footprint in services and reach, and we have initiated health checks for the machines.

Be ready, lest you lose

In recent interactions with some leading players in the concrete equipment segment, we have heard that there has been nearly 40 per cent fall in the market. The market has been down for the past two years and the industry doesn't expect a revival for another two quarters.

Concrete moves

Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there is tremendous growth opportunities in the long term.

Our marketshare has improved substantially in the last six months

When it comes to capacity, product range, manpower and servicing, we are quite comfortable and all geared for the upturn. For the past two years, the situation was really bad but we suddenly witnessed a spurt in demand; orders which used to take months and months for closure were getting finalised faster.

Foreign cos bullish on the Indian market

Though the Indian economy is recovering slowly, foreign construction equipment companies seem to be still bullish on its future. This optimism was once again reinforced by a big jump in the number of foreign participants in Excon 2013. Excon 2013 witnessed the participation of over 20 countries from across the globe.

The kind of service we provide ensures that we get repeat orders

We work closely with our customers and provide the best technology and integral consulting solutions for their projects. Our timely after sales, operation and maintenance services all keep us close to our customers, says Rajeev Kumar, Chief Executive Officer, Friends Equipment.

Big potential but little growth

The tyre industry is capable of taking all challenges in its stride. However, the industry is asking for a level playing field with its counterparts in China and other countries.

We expect to add another 6-8 retreading plants in the next three years

In India, there is no incentive for retreading. In fact, we are burdened with VAT and service tax, says Karun Sanghi, Managing Director, Tyresoles India. Excerpts from the interview.

Ours is the most modern pump in the world with advanced features and technology

All our equipment are highly fuel-efficient and the spare parts consumption for our machines is low, thereby keeping our operating costs lower.

Our focus on the best fuel efficiency and faster machines remains steadfast

We have always believed that high technology will ultimately become the top need for India, and therefore all the machines we manufacture in India or import and sell, adhere to standards by which Kobelco machines are made anywhere in the world,

Our backhoes are highly fuel-efficient, with the unique Smart UC Hydraulics

Terex Backhoes perform faster while digging and loading at lower operating costs, with durability through quality and tech?nology innovation.These products have been developed in India for the Indian market, says Vijay Sharma, Executive Director, Terex Equipment.

The SRK Factor

The largest Chinese-German transaction to date, the Sany-Putzmeister merger, is expected to throw up a new global leader for concrete pumps, thereby changing market trends. Over the past six months, strong rumours regarding Schwing Stetter were doing the rounds and then viola.

Largest concrete takeover

The construction equipment industry, dominated by the US, has a new challenger from the Chinese markets in the form of Sany. Sany Heavy Industry Co., the construction-equipment maker run by China's richest man, employing 70,000 people worldwide with operations in 150 countries and a three quarter turnover of $1.7 billion,

Material Handling Equipment: Voltas is the pioneer of forklifts in the Indian market

There are many trends in forklifts and MHE which are prevalent in the industry. The main trend is to make the machines more environment- friendly and green, says Milind Shahane, VP-Marketing, Voltas, while sharing his views on the industry scenario.

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