Booming Demand

Industrial cranes are witnessing a soaring demand as they play a crucial role in various sectors, from construction to logistics, contributing to India's infrastructural growth.

Navigating the Automation Wave

The panel discussion explores insights from industry experts on the challenges and strategic imperatives driving the adoption of automation in diverse sectors.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Beyond the Dust

The market for construction equipment filters is influenced by global economic conditions, as construction activity often correlates with economic growth.

A STAR-STUDDED EVENT

48 companies such as Larsen and Toubro (L&T), NCC, PNC Infratech, J Kumar Infraprojects, Tata Projects, HG Infra Engineering, PSP Projects, APCO Infratech and SOBHA, among others, bagged awards in different categories

23 awards presented to Construction Equipment BESTSELLERS at 11th Equipment India Awards 2023

Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, was recognised as the “Equipment India Person of the Year 2023” for his remarkable achievements during 2022-23

Efficiency Drives Transmission Developments

The transmission system plays a vital role in equipment as the gearbox determines the performance and robustness of the equipment.

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

A powerful transmission

Transmission, a key component in a construction equipment vehicle, plays a major role to the functionality of the vehicle, especially in the high frequency and heavy application.

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

“We are expanding our product portfolio”

Ifm is expanding its product portfolio of control solutions with new solutions. Amit Hatgine, Manager-System Business, ifm Electronic India, shares more on the products and solutions from the company for construction equipment industry.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

Compact track loaders to maintain growth

Better maneuverability in challenging conditions makes compact track loaders maintain a strong momentum, says a Fact.MR research report.

Compact track loaders

The global compact track loader market is anticipated to reach a market size of US$ 4,461 million by 2028, as per a Fact.MR research study for the forecast period of 2018 to 2028.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

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.

MCE industry looks for recovery post elections

Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.

ICRA predicts robust long-term outlook for mining construction equipment industry

The Indian mining and construction equipment (MCE) industry is likely to see a moderation in demand growth which is expected to fall to 4-6 per cent in the medium term, more particularly during CY2019.

Looking for a Turnaround

We plan to invest Close ?40 million in India

Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.

Growth | The Way Forward

Industrial cranes are the backbone of manufacturing, infrastructure and construction in the country. In light of economy revival and Make-in-India drive in the country, the market for this equipment is expected to grow many fold in the coming decade.

Market for compactor is foreseen in the roads segment

The current prediction for market growth in India is expected to be around 20 per cent per annum, provided the infrastructure investments keep floating and the economy keeps growing as expected, Otto Ueberbach, Vice President, Bomag Compaction Equipment.

Widening Growth Path

For the emerging and developing nations, the growth path widens which will inevitably be attractive destinations for machine makers worldwide, writes Pradeep Sharma.

Budget spells fiscal discipline

Finance Minister, Arun Jaitley, presented the Union Budget 2016-17, explaining the backdrop of global economy slowdown from 3.4 per cent in 2014 to 3.1 per cent in 2015; battered financial markets and contracted global trade.

Pick-n-Carry Hydra: Bestseller

As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India

Optimising Fuel Efficiency

Transmission solutions play a vital role in the overall performance of an equipment. Availability of the latest technologies in transmission solutions have helped OEMs to improve the efficiency level of their equipment.

Lifting Solutions

The future trend in material handling systems will be towards lighter, higher-efficiency equipment. The power consumption, material of construction, operating noise levels and eco-friendly features of this equipment will play a big role while introducing

Annual demand for industrial cranes should touch 12,000 by 2015

Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.

Annual demand for industrial cranes should touch 12,000 by 2015

Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.

Nothing Beats An ACE

ACE is a dominant player in the cranes market having introduced innovative crane solutions/products from time to time. ?The growth of the Indian construction equipment (CE) industry is dependent on three factors

Government should set up an independent commission for PPP regulations

It is a clich? now that the infrastructure sector is a critical enabler for sustaining economic growth as well as for ensuring its inclusiveness. This alone could enable a two per cent growth in GDP.

Be ready, lest you lose

In recent interactions with some leading players in the concrete equipment segment, we have heard that there has been nearly 40 per cent fall in the market. The market has been down for the past two years and the industry doesn't expect a revival for another two quarters.

The group will invest over EUR one billion to further strengthen and expand ZF's position.

ZF is a leading worldwide autom?otive supplier for driveline and chassis technology, with 121 companies in 27 countries. In 2012, the group achieved a sales figure of EUR 17.4 billion with about 75,000 employees. ZF was founded in 1915 for the development and production of transmissions for airships and vehicles.

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.

BHL Continues to Rule the Roost

The world over, construction practices and methodologies determine the selection of the type of equipment, to a great extent. However, in India, backhoe loader (BHL) controls the lion's share of the total equipment sale; it is wheel loaders that dominate the Chinese CE market and crawler and mini excavators that control the European and American markets.

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 at Shriram treat FTUs as niche and are focused on supporting small customers.

All bottlenecks on the project execution side, i.e., environmental, land clearances, financial closures, allocation of funds, and awarding of contracts need to be tackled on an immediate basis, or else the industry will see a major down-turn and many good operators will exit the segment, says Rakesh Chandra, Vice President and Risk Head, Shriram Equipment Finance Company. Excerpts from the interview.

Waiting for godot

The way things have been happening, or rather not happening, for the past couple of years, I am reminded of "Waiting for Godot" one of the most famous literary works that revolutionised theatre in the English speaking world.

India showcase

Look at the slew of dismal facts. There has been an overall slowdown in Indian infrastructure activity due to lack of clearances of new as well as ongoing infrastructure projects. Even L&T chief AM Naik has indicated that the project pipeline is drying up. Many projects have not progressed even after being approved of by the central government and after achieving financial deal closure, too.

We will be investing in new product lines and aim to cross the $500-mn turnover mark by 2015

In a significant strategic decision, Terex Corp has recently acquired Demag Cranes, world?s leading German manufacturer of all kinds of cranes, for nearly $1.5 billion.