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Up-grading roads!
The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.
Upgrading Technology
Commonly used to construct and maintain gravel and dirt roads, motor graders have also prepared building foundations and drainage ditches, making them popular with government agencies and contractors.
Mahindra’s new BSIV CE range
Mahindra & Mahindra, part of the $19.4 billion Mahindra Group, introduced its BSIV compliant construction equipment with the launch of the new BSIV compliant Motor Grader - Mahindra RoadMaster G9075 & G9595 & Backhoe Loader – Mahindra EarthMaster SX, VX under the aegis of its Construction Equipment business.
Mahindra launches BSIV construction equipment range
Announces entry into lower HP BHL segment with EarthMaster SX Smart50
Trending mining equipment and features
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
MCE market to witness volume growth in CY2021
Roads and highway projects and rural development to drive growth.
ICRA predicts construction equipment volume growth in CY2021
Central Government projects in roads and rural development will drive demand
Mahindra showcases 5 new CE products at Excon
Mahindra Construction Equipment (MCE) participated in the 10th edition of Excon 2019, the largest construction equipment event in South Asia and launched five new products.
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.
Mining and construction equipment market to grow by 13-17% in 2017
According to the rating agency ICRA, the mining and construction equipment (MCE) sector is likely to grow by 13-17 per cent during 2017. The demand for MCE grew by over 35 per cent during 2016.
Mining & CE sector bounces back on infra push
The domestic mining and construction equipment industry (MCE) is on a recovery after a period of sustained contraction for about four years.
MCE performance to decline
According to ICRA, the mining and construction equipment (MCE) industry is expected to witness a decline in volumes this fiscal owing to slow pace of infrastructural investments and various regulatory hurdles.
Volume of mining and construction equipment sector may fall
Ratings agency ICRA expects subdued near term outlook for the mining and construction equipment industry with demand for equipment expected to remain sluggish. The agency expects sluggish demand for equipment because of the slow pace of infrastructural investments, weak business confidence and continued regulatory issues surrounding mining
Equipment Financing: Widening the Net
CE financing has definitely picked up and has registered a growth of 20 per cent over last year. Though the industry has not touched the peak levels of 2007-08, it expects to end the 4th quarter on a high and continue the growth story in 2011-12.