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Sany leads in sustainable practices for mining industry
Sanjay Saxena, Chief Operating Officer, Sany India and South Asia, speaks on the current state of the mining equipment market globally and in India specifically.
Mining Revolution
The Indian mining industry has shifted from manual to mechanised operations, embracing varying levels of technology and automation
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.
Navigating the future
Ongoing advancements in technology, including the integration of IoT, AI, and automation, are revolutionising the construction and mining equipment market.
We plan to exhibit our new Smart+Excavators
Rajiv Chaturvedi, Vice President – Sales and Marketing, After sales and Parts, Hyundai Construction Equipment India
Our focus is on introducing cutting-edge electric machines
Sanjay Saxena, COO, Sany India and South Asia
We are at the forefront of technological innovation
Sanjay Saxena, COO, Sany India and South Asia
Poised for growth
As coal mining activity escalates, the need for tipper trucks will rise.
Revolutionising construction
The booming construction sector is fueling a growing demand for air compressors.
Fuelling Innovation
Lubricants are essential to keeping engines and industrial machinery in optimal condition.
Embracing the Rental Revolution
Rental penetration is a bit low in the mining equipment industry, but it is increasing on YOY basis due to awareness and availability of latest mining equipment.
The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
New mining machinery are driving demand for all-steel radial tyres
Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
Powering up the Earth
The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements
Entering an era of transformation
Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
In India, there is a need for 1 MT of ammonium nitrate
Vivek Misra, Associate Vice President, Business Excellence and Transformation, Smartchem Technologies, speaks on the various challenges faced by the company.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
The outlook for the mining industry is positive for the next two years
Dheeraj Panda, COO – Sales, Marketing & Customer Support, Sany Heavy Duty India, speaks on the outlook for the mining sector in India, and the company’s major products in mining
We introduce around 80- 90 new products every year
Ashok Chhajer, Senior General Manager – OE Sales, BKT Tires, speaks on the current market size of OTR tyres for the mining segment in India, and outlook on the OTR tyre market beyond 2022.
The demand for high-capacity equipment is increasing day by day
Amit Banerjee, Chairman and Managing Director, BEML, shares the outlook for the Indian mining industry, and the sectors that will drive the demand in the mining sector.
Road construction drives demand for motor graders
Surat Mehta, Head of SDLG Business in India
What’s driving the demand?
Increasing demand for novel construction equipment is expected to drive the global undercarriage components market in the upcoming years.
On track: double-digit growth
Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.
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.
Equipment manufacturers lead IoT mining revolution
Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.
Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
Optimising efficiency
Choosing the right lubricant is essential in helping to improve reliability, boost productivity and reduce the frequency of breakdowns.
Small is the New Big!
Air compressors are necessary at any construction site. Compared to non-portable air compressors, the smaller machines produce significantly less noise, and are used to complete jobs at any locations.
Loaded with opportunities
The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.
Crushing Need: Energy-Efficiency
Environmental and energy-cost issues make it vital for the crusher and screening equipment industry to focus on energy-efficient machines.
Electric mobility is the segment we focus on most
Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.
Use of automation in road construction may increase
Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.
There is an increase in demand for underground equipment
Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.
Companies all over the world are turning to digital integration to increase efficiency in the mining process.
In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.
One of the major demand drivers is increase in demand for underground mining equipment
With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.
Opportunities galore
The construction industry across the globe is anticipated to present significant opportunities for construction equipment.
We are trying to scan India For our global model
Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.
S. Chandra of Liebherr: Crane equipment rental has good future
Subhajit Chandra, Divisional Head – Mobile Crane Division, Liebherr India, speaks on how the market for medium and heavy-duty mobile cranes is progressing in India.
What new construction equipment will 2022 bring?
The outlook on India’s construction equipment sector is optimistic since the country’s needs for infrastructure will continue to grow massively.
Counting on diggers
Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
Unlocking the mining potential
The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.
Reducing friction
The global industrial lubricants market size is projected to reach $ 73.3 billion by 2024, from $ 62.8 billion in 2019, at a CAGR of 3.1 per cent.
Fully loaded with opportunities
For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.
Wheel loaders can be used in any industry that deals with heavy loads
The construction equipment market has started to revive post the pandemic with increased demand of such machines and rising number of construction projects across the country.
Demand for pick n carry cranes has strong correlation with industrial growth
The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.
Market to bounce back
The Covid-19 pandemic has hugely impacted the global air compressor market in a negative way. However, the market is expected to recover by Q1/Q2 of 2023.
Underground mining readies for IIoT revolution
With new innovative technology, companies are taking take digitalisation of mining operations to the next level.
Crushing it!
With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
Restart of govt flagship programmes will lift up excavators market in 2021
According to the Off-highway Research, the sale forecast for crawler excavators from 2019-2024 is 24 per cent whereas the mini excavator market is expected to grow by 39 per cent during the given duration.
The D-factor
Where the demand will be coming from for the construction equipment industry?
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.
New Avenues to Growth
The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.
OTR tyres on the move
With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.
Mining market scenario
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
Tipper trucks market gearing up
Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.
Reforms will boost recovery
Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.
Adaptability and agility are our core strengths
Gagandeep Singh Gandhok, Senior Vice President – HD Truck Business, VECV, shares his views on the market scenario and the company’s plans.
The M&HCV tipper trucks segment continues to look positive
RT Wasan, Vice President, Product Line, M&HCV, Tata Motors, elaborates on the company strategy in the Covid-impacted market scenario.
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.
Filters in New Normal, New Norms
Construction and mining machinery operate in extreme conditions of weather, terrain and environment. They need to withstand these odd conditions and perform the task with minimum downtime.
Crushers & Screens: Gaining Momentum?
The growing aggregate requirements in the infrastructure projects and the improving mineral mining activities in the country demand crushers and screens in large numbers. But with some roadblocks pose as challenges in this positive scenario, can the crusher segment gather momentum
Mobile Compressors: Staying Powerful
Mining policy revival and recovery of construction activities can bring back the power in mobile compressor market. Next year could see the industry back in full action which can drive the growth of mobile compressors in the long term.
We have a diversified portfolio to suit the widest range of machines: Piero Guizzetti
MB Crusher products are easy to move, install and service, which results in maximum uptime and consistent performance, irrespective of the site locations like quarries, mines or hilly terrain. Piero Guizzetti, CEO, MB Crusher India, shares more.
Unlocking opportunities
Though the ongoing COVID-19 pandemic has put a brake on the growth of the bearings industry, the market is expected to bounce back and continue to grow from next year onwards.
Can Mobile Cranes Lift the Mood?
Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?
Coal Ministry initiatives to improve mining efficiency
The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector
Digital Push in infra equipment
Construction equipment with digital and IoT technologies are driving smart planning and execution of projects in the country. This is expected to push the efficiency and productivity at project execution.
We expect to see a positive turn in volumes
Tata Motors has been at the forefront of constantly innovating and defining the market with new technologies and categories.
Gaining Momentum
Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.
CE Market to Bounce Back
Off-Highway Research forecasts that the market for construction equipment (CE) will dip in 2019 but follow an upward trend thereafter during 2020-2023. Samir Bansal elaborates.
FAST-TRACKING PERFORMANCE
The construction equipment market in India has become a front-runner in the global market space in the past few years.
Mining Gains
The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.
Undercarriage Parts
Undercarriages and parts in crawler- or track-mounted equipment play important role in the mobility of the whole equipment and its uptime. Undercarriage parts are small and simple, but when all put together, support the entire track system.
Customers are shifting to all-round solution
Shell Lubricants has developed next-generation oils and greases for various industry applications, using the best-in-class technology.
Poised to Grow
India's lubricant market is growing up with demand for industrial lubricants on the rise. More infrastructure developments and growth in manufacturing in the coming years will see further demand growth for industrial lubricants.
On Sustainable Growth
The portable air compressor market is growing consistently in the past couple of years, which is to continue in the coming years as well with most of the application markets are picking up.
Sustainable Market for Trucks
Pick up in infrastructure spending and construction activity, especially in roads and highways, irrigation and affordable housing segment, will continue to support demand for construction trucks.
Bigger Digger
Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.
Infra Growth to Drive Demand
Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.
Pushing Growth
Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.
Indian CE Market Overview
The market for construction equipment will follow an upward trend in the next five years.,
Adding value to equipment life
Industrial lubricants play a major role in improving the operational efficiency productivity of an equipment. Currently, the demand is for thinner lubricants that provide longer oil drain intervals.
We see double-digit growth for industrial lubricants
With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry
Aggregate Boom,Policy Gloom
Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.
L&T opens service centre in Singrauli
L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India's coal industry.
L&T opens service centre in Singrauli
L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India?s coal industry. The new facility was inaugurated by Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery Business, Larsen & Toubro in the presence of a galaxy of top customers from public sector and private companies.
Global metal market trends
The global economy is doing well. Growth already beat expectations this year and the global economy will continue to quicken in 2018.
Effective Lubrication FOR Productivity
Infrastructure development and the demand for automotive products are major factors that are driving the growth of the metals and mining sector in India. To address the burgeoning demands of metal and steel, the Ministry of Steel aimed to increase the steel production capacity to 142.3 million tonne in 2017.
Budget Boost
Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.
Loads of opportunities
Mining and construction activities are on a growth path in the country. New projects (big and small), demolition of old structures to reconstruct new ones and transportation of materials at construction sites, all these make the role of tipper trucks important these days.
Moving Ahead
OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc
New year, New opportunities
The CE market is on a role with a lot of actions in the infrastructure development underway while many are in the pipeline. The new year is definitely a year of opportunity for CE industry in India considering the new life the infrastructure has gained after the corrective actions of the government on the bottlenecks in various projects.
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.