Growth in equipment finance market to continue

There has been a substantial upswing in sales of construction equipment during the last two years, mainly driven by commissioning of major infrastructure projects by the government in roads and other sectors.

On growth Track

The upswing in construction equipment market in the last two years has created new opportunities for equipment finance market. Leading finance players are keen on the growing trend of the infrastructure market in India that has helped the construction equipment market for a turnaround after a rough patch till 2016.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

Excavators to Dominate

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.

We have leading-edge solutions for machine control and tracking

Caterpillar India announced the launch of its new Cat? 424B backhoe loader in Chennai earlier this year. Our goal is the same everywhere in the world it does business, including India - to help our customers be more successful in their business by using Caterpillar products and services.

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

DesignED to Rule

Excavators Ready to Ride the Slump

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t

Our efforts have always been to make the most fuel-efficient machines.

The LiuGong excavator provides the highest productivity in its class, with its effortless hydraulic controls and spacious cabin. LiuGong lays lot of emphasis on operator comfort in order to increase operator efficiency. The machine operates at a higher pressure and hydraulic flow which results in better breakout force and faster cycle time, which further leads to better fuel efficiency, says Rohit Punjabi, Assistant Director (Strategy & Planning), LiuGong India. Excerpts of the interview.

Doosan has a focused approach towards production plans.

We offer products which can work in all applications because of our heavy-duty designs incorporated in the entire range, lowest operating cost per tonne, best up-time of machines and best longevity, says S Manjunath, General Manager ? Sales, Doosan Infracore India. Excerpts of the interview.

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.

We strive for low levels of emissions and optimum fuel consumption.

We have incorporated the optimum engine working temperatures to minimise emission. These engines are fitted with high pressure rotary type fuel injections, IEGR, turbocharger and heavy-duty silencers to keep the emissions low, says Anil Bhatia, Director Sales and Marketing, Case India. Excerpts from the interview.

We will soon expand our product range for high-end customers.

We expect fuel efficiency will be the prime driving force behind the demand for BHL in the near future, says Sunil Tiku, Senior Director - Sales & Marketing, Terex India. Excerpts from the interview.

JCB constantly keep upgrading the machine to meet the growing requirements.

The JCB backhoe loader continues to be the most widely used equipment in India and we constantly keep upgrading the machine to meet the growing requirements of our customers, says Vipin Sondhi, Managing Director and CEO, JCB India.

We have positioned ourselves as a true infrastructure partner rather than a lender

More projects, faster enviro?nm?ent and forest clearances, support in land acquisition and a general clarity in policy are the key. Any infrastructure project takes time and stability of policy is a must to ensure that investment flows, says DK Vyas, CEO, Srei BNP Paribas.