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Innovative Financing Models Fuel Growth

Innovative financing models are transforming the construction equipment sector, driving growth in emerging markets like India, where strategic partnerships and tailored solutions are accelerating infrastructure development

India’s Road Expansion Fuels Surge in CE Demand

Fueled by rising government spending, rapid urbanisation, technological innovations, and the ‘Make in India’ initiative, the future of the construction equipment industry is promising, brimming with potential and opportunities.

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

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.

Portable compressors play major role in mining, infra and construction applications

The construction sector has been again impacted by the onset of the second wave of the Covid-19 pandemic.

We are mindful of modernising our capabilities

With four facilities for manufacturing hose assemblies, tube assemblies, hose fittings, adapters and fabricated parts Uniflex looks forward to further modernize and expand its facilities.

Transforming Skill Landscape

Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.

Excon will further boost the mood of the construction industry

There has been substantial growth in the overall construction equipment (CE) market in the last one year due to huge investments being made by the government for infrastructure development in the country.

Excavators Excel

Driven by the infrastructure development activities in the country, hydraulic excavators recorded a sharp growth in 2016 compared to the previous year. The positive trend is continuing this year also with a 26 per cent growth in the first four months.

Scania will bring its global expertise to India

The Scania engine strategy still has a basis in the modular system in which common interfaces and similar parts make the lifecycle cost very competitive for our customers, says Anders Grundstromer, Managing Director, Scania India, and Senior Vice President, Scania Group. Excerpts from the interview...

5S is one of the major tools in our ?house of excellence initiatives.

From its first product, an operator cabin developed for L&T-Poclain excavator in 1976, Harsha Engineering has come a long way manufacturing a wide range of products for earthmoving, mining, food processing, and other OE manufacturing companies based in India.

Stalled but Hopeful

In spite of the present slowdown and resultant sluggishness in the CE market, the long- term growth prospects are still intact; and experts view the huge infrastructure deficit as a major growth driver and prudent steps from the government can bring India back on the growth trajectory.

On a recovery mode

The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. EQUIPMENT INDIA interacts with some of the major players to get the pulse of the industry.

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