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Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
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.
FM Sitharaman announces substantial benefits for Bihar and Andhra
For the fiscal year, Rs 15,000 crore will be allocated.
Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
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.
India’s CE market is growing rapidly due to urbanisation
KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.
Building Strong Foundation
The increasing number of construction projects is driving a surge in demand for piling, drilling, and deep foundation equipment.
We are also growing in the concrete pump segment
KYB Conmat, with over 13 years of experience in the industry, is one of India’s leading manufacturers of concrete equipment and holds a top three position in most segments, including batching plants, paving machines, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President – Marketing, KYB Conmat, speaks on how his company is hearing up for Excon 2023.
A Resounding Success
Gujarat Conex 2023 served as a gathering hub for prominent figures in the industry and policymakers, engaging in discussions aimed at advancing infrastructure development in Gujarat.
Gujarat: One-stop destination for CE players
Gujarat Conex 2023, which will be held from September 21-23, 2023 in Gandhinagar, will be a meeting place for major industry players and policymakers to deliberate on furthering infrastructure growth in Gujarat and India.
Infra development is a primary growth driver of Indian economy
In this exclusive interaction, Bhupinder Singh, CEO, Messe Muenchen India, elaborates on the company’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.
DMIC logistics hub construction set to start this year
To oversee the project DMIC-IITGNL (Integrated Industrial Township Greater Noida) a joint venture between DMIC and the Greater Noida Authority is seeking to hire a project consultant for the MMLH.
Bringing the CE industry together
As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.
Building a strong foundation
As India’s infrastructure modernisation drive gathers steam, there is a concomitant rise in demand for foundation equipment across the spectrum.
Towering Ahead!
The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.
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.
Wirtgen SP 1600 slipform paver sets world records during concrete paving
The SP 1600 slipform paver cost-effectively paves concrete surfaces for traffic areas, roadways, industrial areas or surfaces at airports, such as runways or taxiways, with a working width of up to 16 m and with unparalleled precision.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
Laying a strong foundation
The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.
The D-factor
Where the demand will be coming from for the construction equipment industry?
RLDA invites e-bids for leasing two land parcels for commercial development at Rajasthan
These land parcels span across 31722.30 sq. m and 8960.00 sq. m. and are located at Jaisalmer and Ajmer, respectively
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
JCB India’s largest Parts Centre inaugurated in Haryana
The over 150,000-sq ft facility will provide parts support to the northern Indian region.
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
Tower Cranes in Tough Times
: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.
New Opportunities
Upcoming infrastructure projects in metro rail, bridges, railway and irrigation are going to drive the demand for foundation equipment in the coming years, writes Karan Chechi.
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
Increased footfall of customers boosts the confidence of the OEMs
A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.
Towering opportunities
Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.
DMICDC Logistics Data Services appoints new CEO
NEC Technologies India (NECTI) announced that DMICDC Logistics Data Services (DLDS), a joint venture between Government of India represented by National Industrial Corridor Development and Implementation Trust (NICDIT) and NEC Corporation, has appointed Ichiro Oshima as the new CEO with effect from April 2019.
Containerisation to boost Indian logistics
Seamlessly integrating the vast network of railways, highways, airports and waterways, India is gearing up to strategically position itself as a global containerised cargo destination.
CPM insurance in CE
India's economy is big and is getting bigger. The construction industry is the second largest industry in India after agriculture.
All set to meet infra growth demand
Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.
Technology to drive INFRA growth
Infrastructure 2.0 is a movement to address issues with today's core network infrastructure in a customer's construction site to address the dynamic, automated nature of operation models like cloud computing, data center visualisation, IoT and usage of drones to keep site operations safe, secure, highly productive and efficiently managed.
Avvashya CCI Logistics starts operations at Bhiwandi warehouse
Avvashya CCI Logistics (ACCI), a subsidiary company of Allcargo Logistics Ltd, started operations at its new warehouse in Bhiwandi. The state-of-the-art warehouse is located at the Renaissance Logistics Park, WB-09 Bhiwandi. A part of the warehouse, up to 2500 pallet position, is dedicated for Clariant, a multinational specialty chemicals company and rest for other customers.
MAN Trucks opens new dealership in Jaipur
MAN Trucks India inaugurated its 65th dealership at Jaipur. This new set up by Morani Trucks is the fifth location added to MAN?s network this year. The opening of this dealership is in line with MAN?s plan to increase the number of dealerships across India in order to boost sales opportunities and provide the best in class support and service to all customers.
Shriram Automall opens new facility in Guntur
Shriram Automall India Ltd (SAMIL) inaugurated its 70th automall facility in Guntur. This is the third facility in the Vijayawada Zone of the company and is in line with the aggressive expansion plans of the company.
Digital Transformation of Manufacturing
A world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, Dassault SystFmes commenced its first 'Manufacturing in the Age of Experience' event in India.
Perkins Engine Facility Inaugurated
The Chief Minister of Maharashtra, Devendra Fadnavis, has officially inaugurated Perkins world-class engine manufacturing facility in Aurangabad.
SPML Infra bags first smart infra project
SPML Infra Ltd in joint venture with Om Metal Infraprojects Ltd has received the first smart infrastructure development project worth
A Game Changer
With Krishnapatnam Port soon becoming the hub for industrialisation in the region, coal imports are surging with an expectation to hit 100 mtpa in the next 10 years. Krishnapatnama Port Company Ltd (KPCL) has always been a step ahead of the demand by increasing its port capacity and operational efficiency.
We need a mechanism to streamline on ground execution of projects
Owing to the recent focused and bold reforms by the Government, Indian infrastructure industry is gaining momentum and as a result, we are witnessing a slight upsurge in the demand of construction equipment.
Diggers to get busier
The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.
CE Sector to Grow
Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.
Light at the End of the Tunnel
The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years. However, with a new stable government in place, infrastructure development is expected to be back on the fast track soon.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
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.
CE industry is to grow in the long term at a CAGR of 17.5%
The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.
M-sand to Drive Growth
Sand is mixed with cement and water in measured quantity to produce concrete. These sand particles should be hard and inert with respect to cement. Due to huge silt deposition in riverbed and continuous mining of riverbed for sand,
Execution is the Driving Mantra
The Union Budget 2014-15 is probably one of those Budgets post-independence, which has been analysed in an environment of high expectation, sub five per cent growth, double digit inflation and extensive knowledge communication through media
Market trends and Future Growth
The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions