Our products are future ready

Amit Bansal, Director Sales & Marketing-BCP Division, Caterpillar India

Construction equipment industry anticipates 14-15% revenue surge

According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.

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.

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.

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.

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.

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.

iQuippo launches upgraded financial portal

iQuippo, India?s first digital marketplace for infrastructure equipment, launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

Co-lending and leasing becomes the key tool this year

Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

Mobilising Growth

Concrete Future

Requirement of concrete in construction is expected to increase in the future with a slew of projects in the pipeline in real estate and infrastructure projects.

On Sustainable Growth

Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

CE finance outlook

Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.

Looking for a Turnaround

Riwal added to JLG distributorship

JLG Industries, Inc., the leading global manufacturer of aerial work platforms and telescopic material handlers, has appointed Riwal as its sole distributor for Croatia, Slovenia, Bosnia and Herzegovina, and Montenegro.

Pushing Boundaries

With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.

Revival on Cards?

India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.

Small Machines, Big Role

Construction minis contribute to mechanisation of the last miles of various construction activities. These can be grouped under concrete, compaction, finishing and many other similar sections.

Equipment Selection | INFORMED DECISIONS

Modern construction and mining activities in India need to be expedited with utmost focus on the highest possible productivity, operational excellence, emission compliance, safety and best-of-class economy. Over the past decade, the market for such equipment has substantially matured resulting in the equipment selectors mooting innovative and prudent ideas while selecting the most suitable equipment fleets commensurate to their company objectives and philosophies.

Terex MPS appoints distributor for Mexico

Hercon Maquinaria SA de CV has been appointed as the full Terex MPS Line Distributor for the Central Region of Mexico. Coverage for this region is now provided by Hercon Maquinaria for new equipment purchases, support for new equipment (including servicing and spare parts).

Indian Mining Poised to Boom

Terex MPS appoints distributor for Mexico

Hercon Maquinaria SA de CV has been appointed as the full Terex MPS Line Distributor for the Central Region of Mexico. Coverage for this region is now provided by Hercon Maquinaria for new equipment purchases, support for new equipment (including servicing and spare parts). Customers? needs will be met by a fully trained team to provide the world-class levels of customer support.

We expect a CAGR of 10 per cent during 2016-2020 in material handling sector

With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.

Material Handling: Meteoric Rise

Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.

MARC | The Way to Success

Maintenance & repair contract, more popularly known as MARC and more generally termed as full maintenance contract (FMC), has caught the imagination of mines operators in India.

We have 12 LiuGong loaders as on date

Shree Cement is primarily an Indian cement manufacturer, founded in Beawar in Ajmer district of Rajasthan in 1979. It is now one of the biggest cement makers in North India. It also produces and sells power under the name Shree Power (captive power plant) and Shree Mega Power (independent power plant).

Rolling On and On

The used roller market is expected for a demand pick up that structures itself majorly on a kickstart to the road construction projects, writes Samir Malhotra. The Indian used construction equipment market is largely populated

Graded Up

If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.

Engines of Future

Latest environmental norms, best fuel efficiency and low OPEX costs, dictate developments of new generation engines. Latest environmental norms, best fuel efficiency and low OPEX costs, dictate developments of new generation engines.

MARC: The way to success

MARC (Maintenance & repair contract), in the past few years, has caught the attention of many mines operators in India. Maintenance & repair contract, more popularly known as MARC and more generally termed as full maintenance contract (FMC)

Hiring sector to regain top position in rental equipment purchase

Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.

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.

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.

Escorts represents fassi gru, Italy, for its complete range of knuckle boom cranes.

Escorts have had the advantage of first mover. The consequent visibility of Escorts-Fassi cranes are high and the quality of these cranes are extremely good, bringing in the good reviews and repeat business. Our current range of cranes includes cranes from 0.8 Tm to 195 Tm in over 60 models and more than 30000 configurations

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.