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FCC discusses opportunities in road asset monetisation

Vikas Sharma of EY, and Vijay Agrawal of Equirus Capital spoke about the latest developments in the area of road asset monetisation.

NHAI debars consultant for deficient services in NH project

NHAI has debarred Lion Engineering Consultants in association with Synergy Engineering Group from engagement in future NHAI projects for a period of six months.

Bounce back

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

NHAI to penalise firms for lapses in quality

To maintain high quality standards in highway development, National Highways Authority of India (NHAI) is taking all steps to ensure adherence to the standards during construction and maintenance of the projects.

NHAI to penalise firms for lapses in quality

NHAI to penalise firms for lapses in quality

NHAI to undertake rating of concessionaires, contractors and consultants

The portal-based objective assessment of vendors has been initiated to track the performance of the vendors for various NHAI projects.

Pioneering Growth

Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.

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.

On Strong Foundation

Foundation equipment segment is back on action with a lot of equipment busy at various project sites across the country. The trend is expected to continue for the next few years.

CONCRETE BATCHING PLANTS

Concrete is a major constituent of infrastructure projects: mainly in real estate, roads and highways, railways, sea ports, airports, power plants, irrigation and urban modernisation sectors.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

Light at the end of the tunnel?

The Bullet Train dream is beginning to take shape. Japan is funding the project with a soft loan over 50 years with a 15-year moratorium. But even before we get onto a Bullet Train, the metro rail projects have kicked up a storm.

Crushers & Screens| High on Demand

With infrastructure and construction sector on fast-track, especially road sector, aggregate processing has become essential to support the construction activities with a matching pace.

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.

On Course for Success

Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

Efficiency Matters

Globally, the past decade saw amazing developments in the hot- mix production technology. In India too, with the entry of global players, OEMs have geared up to offer advanced plants that can produce a variety of mixes - be it low energy / low-temperature asphalt mixes, warm / cold mixes, high percentage RAP mix, high recycling technology

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.

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.

We are expanding our manufacturing base in India

All machines from Wirtgen Group are designed to ensure more productivity and less fuel consumption, says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

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.

Fuel efficiency comes predominantly from our concrete equipment

With major projects coming up in India, we will showcase suitable products which can effectively help the customers to meet the challenges in executing the projects, says Anand Sundaresan, Vice-Chairman and Managing Director, Schwing Stetter India.

Budget bites

The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.

Batching solutions

The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.

Road 2 recovery

Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.

Growth will pick up only if the government ensures a good mix of BOT and EPC projects

The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.

The government should award projects only after securing key sovereign clearances.

With the government planning for a major infrastructure boom in the North-Eastern states, we foresee a lot of potential for businesses to grow and flourish. The government plans to make investments in roads, railways, air connectivity, cyber and telecom connectivity and power in this region, says Amit Gossain, Vice President - Marketing and Business Development, JCB India. Excerpts of the interview.

The growth of road equipment segment will be about 15 per cent by 2017

Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.

CASE is working on introducing products from its portfolio into the Indian market.

In order to cater to the North-East market, CASEis making continuous efforts in order to consolidate its leadership position and further strengthen its market share through the introduction of new technology and advanced products that enhance the business value of its offering to its customers, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (I). Excerpts of the interview.

NHAI needs to look into obtaining the necessary land clearances before awarding projects

The North-Eastern region is a major focus area with plans in place by the authorities and quick turnaround time for awarding projects. Today, demand for equipment is also increasing gradually from this part of India, says Prantik Saha, Marketing Manager - Road Construction Equipment, Atlas Copco. Excerpts of the interview.

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