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Financial management a challenge in rental industry

Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

RAHSTA Forum sets the stage for groundbreaking discussions in roads infra

RAHSTA Forum 2024 on August 30 at Hotel Sahara Star paves the way for RAHSTA Expo 2024.

RAHSTA Forum sets the stage for groundbreaking discussions in roads infra

RAHSTA Forum sparks groundbreaking discussions on road infrastructure innovation

There’s high demand for rental equipment across CEQ categories

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

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

All our equipment sales crossed all previous benchmarks

Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.

Tackling Supply and Quality Concerns in CE Rentals

As demand surges, particularly driven by infrastructure developments in regions like Asia-Pacific, stakeholders face pressing issues ranging from availability mismatches to concerns over maintenance standards.

Limited market awareness hinders rental service penetration

Mukesh Sharma, Country Manager, Atlas Copco Specialty Rental Division in India, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Indian rental companies are increasingly embracing digitisation

Satin Sachdeva, Founder & Secretary General, Construction Equipment Rental Association, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Road construction leaders launch RAHSTA Expo 2024 in Delhi

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - Indiaâ€™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.

RAHSTA to showcase cutting-edge road construction tech, says NCC Director

RAHSTA will drive road construction innovation: Sundaresan

Trimble MD champions digital solutions for industry growth at RAHSTA

Vipin Sondhi: Indian infra booms with road construction opportunities

RK Pandey promotes safe road development at RAHSTA launch

RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI

Road construction leaders launch RAHSTA Expo 2024 in Delhi

CASE India inaugurates new dealership in Jaipur

CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur.

Advancing Indian Construction with AI

With AI, construction equipment can do more than ever before. They can also do some tasks on their own, which saves time and makes things safer on construction sites.

Renting equipment: What to do and what not to

CW identifies common pain-points associated with renting construction equipment, and asks industry leaders for ways around them.

Safety at New Heights

Mobile cranes are relatively easier to operate, manoeuvre, and optimise. However, they are highly prone to accidents.

Forging Ahead in India's Equipment Rental Landscape

Premier Heavy Lift is strategically investing in mega crawler cranes with a lifting capacity exceeding 800 tonne.

Pushing new boundaries

As the market for excavators experiences increased demand, OEMs are innovating by introducing new features aimed at enhancing both the efficiency and productivity of these machines.

The demand for advanced technologies is growing

Senthil Balamanickam, Chief Executive Officer, Suryabala JCB, speaks on the emerging equipment types that the company foresees in the near future.

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.

Infra development is a primary growth driver of Indian economy

In this exclusive interaction, Bhupinder Singh, CEO, Messe Muenchen India, elaborates on the companyâ€™s partnership with the Gujarat Contractors Association (GCA) and K and D Communication to launch the inaugural edition of Gujarat CONEX 2023, which will be held from 21-23 September 2023 at the Helipad Exhibition Centre, Gandhinagar, Gujarat.

Why is India Buying Bigger Cranes?

Demand for such cranes is spurred by fast-paced infrastructure growth

â€œWe got into dealership with JCB for eight districts in Tamil Nadu.â€

Senthil Bala, Chief Executive Officer, Surya Bala JCB, speaks on the current market trends and demands for CE in the regions they represent.

Embracing the Rental Revolution

Rental penetration is a bit low in the mining equipment industry, but it is increasing on YOY basis due to awareness and availability of latest mining equipment.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

US CE rental sales to rise 12.5% in 2022

The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain.

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.

CICEE 2023 gets tremendous response from Indian CE rental industry

CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.

Caterpillar showcases new excavators at customer event

The recently launched Cat 350 excavator along with the 374 and 395 excavators were displayed at the event.

Caterpillar displays latest range of hydraulic excavators at its customer meeting

CatÂ® dealer, Gmmco, organised a one-day customer meeting at GMR Arena in Hyderabad, on 8 May 2023, to showcase the latest range of next-gen cat large hydraulic excavators.

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.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

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.

How to make construction S.Af.E.R?

The theme S.Af.E.R. stands for -- S: Sustainability; Af: Alternative Fuels; E: Electrification; and R: Rentals. The underlying premise of the theme is that integrating energy-efficient equipment and energy-saving technology in sustainable development initiatives can drastically cut energy use and harmful emissions.

Improving Construction Productivity

LiuGong is committed to offering sustainable solutions to its customers, and the company is actively working to reduce emissions, conserve resources, and improve efficiency in the construction and material handling industries

Reduce, Reuse, and Recycle!

In addition to reducing waste in construction, the Ministry is also working to decrease emissions from road transport and reduce the countryâ€™s dependence on oil imports through the use of alternative fuels.

Infra demand boosting rental market

The equipment rental market provides construction companies with access to the latest equipment and technology.

Towards a â€œGreener Futureâ€ together

Developing businesses are treating â€œsustainabilityâ€ as the crucial goal of their method and operations to escalate growth and to compete in the global market.

Sustainability at the Forefront

Going forward, product innovations will be at the core of Ammannâ€™s sustainability efforts

Infra Push Drives Demand

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

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

Rent or lease – what’s the best option

Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.

Rent or lease – what’s the best option

Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.

Komatsu India launches new water sprinkler WT 80KL

MYCRANE’s new crane types to enter short-term rental market

Heading towards a new high!

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

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

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

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.

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.

Leveraging Technology

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

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.

Sachdeva of CERA: Earthmoving equipment is staple of construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member of Global Rental Alliance (GRA), speaks on rental market scenario in earthmoving equipment industry.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS will have a new commercial director from 1 November 2021. Christophe Sanchez is succeeding Martin Schickel at the helm of the historic Liebherr site in France. Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

Sachdeva of CERA: Mobile cranes with latest tech will be in demand

Interview with Satin Sachdeva, Founder & Secretary General, CERA

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

Demand for pick n carry cranes has strong correlation with industrial growth

The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.

Mobile cranes with latest tech would be in good demand

The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

Success with Hy-Brid Lifts’ PS-1930 non-folding rails

Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930, leading to an increase in unit rentals.

Hy-Brid Lifts’ PS-1930 non-folding rails

Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930

Steenhoff to erect Potain tower cranes with new Grove GMK5250L-1

At the end of May, Steenhoff GmbH & Co. KG from Rhauderfehn in Ostfriesland, Northern Germany, took ownership of a GMK5250L-1

Equipment Finders expands fleet with new push-around scissor lifts

Equipment Finders Inc. (EFI), a Nashville-based construction equipment rental centre, has expanded its product offering by introducing a fleet of push-around scissor lifts from Hy-Brid Lifts.

Equipment Finders expands fleet with new push-around scissor lifts

Equipment Finders Inc. (EFI), a Nashville-based construction equipment rental centre, has expanded its product offering by introducing a fleet of push-around scissor lifts from Hy-Brid Lifts.

Kalmar to supply 6 electric forklift trucks to Sagres

Kalmar, part of Cargotec, is to supply a total of six fully electric forklift trucks to leading Brazilian logistics operator Sagres.

Kalmar to supply 6 electric forklift trucks to Sagres

Kalmar, part of Cargotec, is to supply a total of six fully electric forklift trucks to leading Brazilian logistics operator Sagres. The order was booked in Cargotec?s 2019 Q4 order intake, with delivery of the machines scheduled to take place during Q1 of 2020.

Malaysian developer adds three Potain MCT 385 cranes

Malaysian equipment rental company Megah Sewa is adding three Potain MCT 385 cranes to its fleet for the first time. Megah Sewa is the plant and equipment subsidiary of Gamuda, the largest infrastructure development company in Malaysia, and for its most recent investments, it added three Potain topless tower cranes.

Govt takes note of CERA?s demands

The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services

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

Godrej Material Handling launches Godrej RenTRUST

Godrej Material Handling announced Godrej RenTRUST, their new equipment rental brand that will provide 360-degree solutions to customers encompassing manpower, machine, fuel and maintenance.

Godrej Material Handling launches Godrej RenTRUST

Godrej Material Handling announced Godrej RenTRUST, their new equipment rental brand that will provide 360-degree solutions to customers encompassing manpower, machine, fuel and maintenance.

Rentals Imperative for Growth

Satin Sachdeva, Founder and Secretary General, Construction Equipment Rental Association (CERA) elaborates on the importance of rental market in the growth of construction equipment industry.

Transforming Skill Landscape

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

Pushing Growth

Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.

Looking for new growth avenues

The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.

Bauma CONEXPO INDIA 2018

The fifth edition of bauma CONEXPO INDIA is expected to be bigger in number of exhibitors and exhibiting area, compared to last edition.

"Rental companies are backbone of Indian CE market"

For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.

Partner Rentals chooses SDLG for Northeast rental fleet

Partner Rentals, a Kingston, New York-based equipment rental house, is adding SDLG wheel loaders to its fleet.

CHALLENGES and NEW Opportunities

The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.

Raising the Bar

The good news is here! India notched the 77th rank in the World Bank's Ease of Doing Business, jumping 23 places up from last year. The report also recognises India as one of the top 10 reformers among 190 countries.

Facilitating asphalt production

An SDLG LG936L is proving vital to operations at a quarry in Palembang, Indonesia, where it performs a dual role. Primarily, the wheel loader fills dump trucks with stockpiled sand and raw aggregates for transportation to an asphalt mixing plant onsite.

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.

The race has begun

'Infrastructure 2.0' was the theme of our 10th Annual issue of Equipment India. The 5th Annual Equipment India Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.

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.

Potain cranes to work on South Korean LNG terminal

South Korean construction equipment rental company Sunheung Corporate has supplied three Potain MC 310 K12 cranes to work on a liquefied natural gas (LNG) tank at the Boryeong LNG Terminal. Located inside the Yeongbo Industrial Zone in Boryeong, the terminal is co-owned by SK E&S and GS Energy.

Mobile App for Equipment Rentals

An important truth of life is that it is constantly changing and evolving, and is difficult to keep a hold on it. But a right decision at the right time can turn your 'work in progress' to 'good to go'.

On a Positive Note

The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.

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