Road ahead for CE industry

Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.

Hyundai CE India Advances Excavators with Cutting-Edge Features

HD Hyundai Construction Equipment is one of the leading construction and earthmoving equipment manufacturers in India. Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the latest advancements incorporated into their recent hydraulic excavator models.

2030 Goal: 250,000 Excavators!

India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining

Hyundai holds a No. 2 position in excavator attachments in India.

Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the current market size of hydraulic excavators in India, and how has it evolved over the past few years.

Our compaction products are a true testament to Atmanirbharta

Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, offering a comprehensive range of products and services in over 140 countries. Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, speaks on the company’s growing focus in the compaction business in India, and how it aligns with their broader goals and vision.

India’s CE Sales Surge 26% in FY24

With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections.

Our company has pioneered cutting-edge technologies

Arvind K Garg, Senior Vice President and Head, L&T Construction & Mining Machinery

The Indian excavator market stands at around 25,000 machines

During the recently-held JCB Excavator Day in Pune, Deepak Shetty, CEO and Managing Director, JCB India, speaks on the current market share of excavators in the Indian construction equipment industry and JCB’s position within it.

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.

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23

YoY 28.5% growth in domestic sales, 3% growth in exports

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.

Progressive Outlook of the Indian CE Industry

Alternative fuels will be a fair play for the future of the CE industry as the Government is also pushing the same for making India self-reliant.

We will focus on CE for road and retail segments

Dimitrov Krishnan, Managing Director at Volvo CE India, speaks on their past experience at bauma CONEXPO India.

Indian construction equipment industry plans to attract global suppliers

With the construction equipment industry being the primary stakeholder the infrastructure sector is an economic driver and is poised to play an important role in propelling the country’s overall growth and development

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

Y Fujii of Komatsu India: We have launched four new models

Yasunori Fujii, Managing Director, Komatsu India, speaks on the market that drives the demand of their products.

Garg of L&T: Excon has benefitted us with increased market share over the years

Arvind K Garg of L&T Construction & Mining Machinery speaks on the key products on display during Excon.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

What’s Your C-sat Score?

C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.

Innovation & Indigenization has been a way of life at AJAX

“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer

An evening to cherish

The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.

Bounce back

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

JCB strengthens presence in Andhra Pradesh

The company's dealer, Varun Motors, inaugurated its new facility for sales, service and spares in Rajahmundry, the cultural capital of the State.

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

EQUIPMENT INDIA Awards 2020

At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.

The growth of mini excavators will be much faster

Tata Hitachi pioneered the mini excavator market by introducing the first indigenously developed 2T TMX20, way back in the 1990s. Rahul Shorey, Head Sales – Construction, Tata Hitachi Construction Machinery Co, shares more on the market trends.

Policy: Defer BS-IV & Bring in Scrappage

Given the grievous COVID-19 pandemic impacting the overall economic activities in the country, various industry organisations had sought government support by way of financial stimulus and other policy-related initiatives.

EQUIPMENT INDIA AWARDS 2019

The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.

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.

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.

SHOWTIME!

In spite of the positive sentiments in the construction and infrastructure industry, there are some risk factors visible which could affect the growth of the industry temporarily.

Setting New Standards

6th Annual Equipment India Awards 2018

The sixth Annual EQUIPMENT INDIA Awards 2018 recognised and rewarded the top performers of Indian construction equipment industry.

6th AnnuaL EQUIPMENT INDIA Awards 2018

The Annual EQUIPMENT INDIA Awards are here again. In its sixth edition, the Annual Awards to be held on October 25, 2018 in New Delhi, will honour the top performers of construction equipment industry.

We plan to increase the number of training centres

JCB has 15 operator training centres across India and trained about 25,000 people so far. Jasmeet Singh, Head - Corporate Communications and External Relations, JCB India, elaborates more on the importance of operator training and the company's initiatives.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

Backhoe Loaders: Back in Action

Backhoe loader is the front-runner among the infrastructure equipment used in the country with almost 50 per cent of the market share in number of unit.

Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards

The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.

Wheel Loaders from JCB

JCB wheeled loaders are known for productivity, reliability and efficiency. These machines are primarily used for loading, unloading and bulk material movement in sectors such as mining, quarry and crushers etc.

CE industry remains bullish on long-term prospects

In today's scenario of globalisation, it is important that the buyers put weightage on value for their money and hence prefer quality equipment with advanced technology and customisation.

Excon will reflect the grassroot level optimism

Economic slowdown has impacted the Indian construction equipment industry over the past two years. The short-term economic outlook in India may seem unfavourable, however the medium to long-term economic prospects look encouraging.

Metallurgy Trends in Construction

Steel and metals play a major role in the construction industry. Alireza Moghaddam explains on the use of metals in construction and the new trends and the emerging market opportunities.

CHANGING PARADIGM

The Indian construction and infrastructure segment has witnessed a turnaround over the last few years with some organised growth visible in various construction activities.

Gearing up to meet demand

The Indian construction equipment industry is poised to revive and its rapid growth is boosted by increased investments in infrastructure development. Meritor India is all geared up to meet the burgeoning demands of the industry and construction equipment manufacturers with its strengthened product portfolio.

Revs up to Start

BAUMA CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction machinery is being held for the fourth time from December 12 to 15, 2016 at the HUDA grounds in Gurgaon near Delhi.

The Earth Movers and Shakers

As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.

Innovations by L&T

Since its entry into the construction and mining equipment industry in India, Larsen & Toubro has made rapid strides to become one of the leading companies in the industry with its products and innovations. Arvind Garg elaborates.

Strengthening footprint

Sanu George is responsible to further strengthen the footprint of SDLG?s brand position in Indian construction equipment industry.

Exceeding Expectations

According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry

Strengthening footprint

As the Business Head for SDLG products in India, Sanu George is responsible to further strengthen the footprint of SDLG?s

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.

The Customer is King!

The takeaway was simple. Every Equipment India (EI) Award winner had one person to thank above all: the customer. Dedicating the Equipment India Person of the Year award to over 1,500 employees, over 8,000 customers,

An experienced hand

A veteran in the construction equipment market, RS Oberoi, Proprietor, Venus Construction Equipment, has an overall experience of 36 years in marketing, out of which last seven years has been in marketing of medium size construction equipment.

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.

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

1st Annual Equipment India Awards 2013

Poised to become the third largest market for construction equipment, India is now a major hub for manufacturers globally. The Indian industry, to its credit, has also remained ahead of the demand curve and has brought in the latest technologies and a variety of equipment to fit all sorts of applications. A report on the first-ever Equipment India Awards held in New Delhi on 14 November 2013...

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.