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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.

Making Machines Versatile and Efficient

German components supplier ZF is applying technology to ensure that working machines continue to be efficient, safe and productive, reports Bhushan Mhapralkar.Destined to move earth, construction material and aid in the building of roads, dams, structures under challenging and arduous conditions, off-highway equipment like excavators, wheel loaders, and backhoes pack technology. Their form may not suggest as much but they are supported by component suppliers like ZF, which ensure their efficie

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.

EXCON 2013 - A catalyst

The recovery of Indian rupee against the USD over the last couple of weeks has been a clear indication of the confidence building up in the economy. No wonder, the industry has been expecting a reduction in the repo rate by the RBI that could have signalled that the growth would be back on track.

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.

Waiting for godot

The way things have been happening, or rather not happening, for the past couple of years, I am reminded of "Waiting for Godot" one of the most famous literary works that revolutionised theatre in the English speaking world.

bC India affords excellent opportunity for UK manufacturers to access Indian market

The CEA aims to assist its OEM members by exposing them to users and distributors in India and UK component member companies, by introducing them to manufacturers in India looking to expand their supply chain and identify gaps in domestic production, says Joanna Oliver MBE, Director of Global Programmes, Con?struction Equipment Association, CEA, (UK)

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.

Power of Momentum

Momentum is a concept in Physics; in scientific terms momentum is not simply the movement of an object but also the power residing within that moving object?the faster an object moves, the more powerful it becomes.