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infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

On a Positive Note

The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.

Industry?s Take

In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.

Hard taskmaster

Neeraj Bhatia, Strategic Business Unit Head at Eimco Elecon (I) Ltd, is an alumnus of Punjab Engineering College, Chandigarh, with a Post Graduation Degree in Management from Punjabi University, Patiala.

Convert your surplus assets into cash

It takes special expertise to get the best value to owners from the sale of surplus assets. Quippo has designed an auction platform to buy and sell construction and mining equipment, commercial vehicles, industrial assets, plant and machinery, scrap and more, ensuring our customers and clients get the best asset valuation and highest return from auctions.

20T and 30T Hydraulic Excavators

To begin with, used equipment segment is a highly disorganised sector... Authentic and structured market data for used equipment is not available for India, because no market surveys or analysis have been carried out so far.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Exceeding Expectations

According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry

Motor Graders

Owing to a very high demand, practically all recognized Motor Grader manufacturers of like Caterpillar, Komatsu, Volvo, LeeBoy, Tata Hitachi and others are selling used Motor Graders either directly or through their authorized dealerships, closely followed by organised resellers cum auctioneers like Quippo, Shriram Automall, Gemini Equipments, Infrabazaar and finally at tier III, level by small and medium sized resellers spread all over the country.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

20T and 30T Hydraulic Excavators

Used equipment market is the Tier II selling platform for infrastructure equipment in India. A sneak peek into the market trends of this segment. To begin with, used equipment segment is a highly disorganised sector.

Rental industry needs a united appeal to the government for rationalised tax structure

The $1 trillion investments outlined by the government in the 12th Five Year Plan, as well as credit limitations are expected to fuel the new equipment rental business.

Getting ready for the upturn

In spite of the unfavourable market dynamics, most of the OEMs have adopted innovative strategies to sustain themselves while keeping an eye on the coming boom. Innovative strategies are developed to retain existing customers

Rentals will be the solution for the future

Knowledge and skill upgradation are vital and that is where Quippo plays an important role. We continuously devote time to upgrading knowledge; training is a continuous activity in our organisation.

Quippo has invested much in people and resources

The rental industry in India can only survive if it starts providing a basket of services like dry rentals, wet rentals, rentals of construction machineries, mining machineries, rentals in industrial undertakings, industrial products and finally,

Quippo Fleet Management

Quippo was a prime participant in the Equipment India Conference held on 14 and 15 September, 2012. During the conference, DK Sinha, National Head?Sales & Marketing, presented Quippo?s unique service model of Asset Maintenance and Management-Fleet Management.

Machine Bank for construction sector

A platform to provide advisory services and facilitate transactions for the construction sector, has been created with the support of Quippo Construction Equipment.

Quippo has been able to reposition the rental...

Quippo has played a very dominant role in repositioning the industry. The rental industry being a highly operation-centric business, you cannot survive unless you increase or ramp up your operational efficiency.

Repositioning Eqpt Renting to a Holistic Solution in India

Quippo Construction Equipment is one of the largest equipment service providers with a pan India presence operating out of 35 locations across the country.

Quippo Construction is all poised for a phenomenal growth through expansion

The strength of QCEL lies in its pan India presence and also being the only infrastructure equipment bank having wide range of equipment, catering to both construction as well as industrial applications. It has seven equipment hubs with another 28 spokes attached to these hubs,? says HS Bhattacharjya, Chief Executive Officer, Quippo Construction Equipment and Quippo Valuers & Auctioneers. 1 - - 21564 14 98 2011-11-01 00:00:00.000 Equipment India Terex Corporation: Expanding Horizons Terex Corporation is focused on delivering customer driven solutions for a wide range of commercial applications, including for  the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries.

Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products.The company is focused on delivering customer driven solutions for a wide range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries. Terex operates in four business segments: aerial work products, construction, cranes, and material processing.The company Terex recently acquired Demag Cranes which is headquartered in Dusseldorf, Germany and is a leading provider of industrial cranes, crane components, harbor cranes and port automation technology. Demag Cranes' business is highly complementary to the existing Terex business, and the combination has compelling industrial logic. The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China. Terex now employs approximately 22,000 team members in more than 50 manufacturing facilities in North and South America, Europe, Asia, and Australia. Terex products are sold worldwide primarily under the Terex?, Genie?, and Powerscreen? brands.

Terex in India manufactures backhoe loaders, skid steer loaders and materials processing equipment in their facilities at Noida and Hosur.Some of the indigenously built machines are exported to other Asian, African and Middle Eastern countries.Terex currently imports cranes, port equipment and aerial work platforms for serving the Indian market.
 
Aerial work Platforms:The aerial work platforms (AWP) segment designs, manufactures, refurbishes and markets aerial work platform equipment and utility aerial devices that are used to lift personnel and material to height. They are a productivity and safety tool that make workers more efficient by quickly and safely allowing them to work and maneuver above the ground. Aerial Work Platform products are primarily marketed under the Terex? and Genie? brands.

Construction: The construction segment designs, manufactures and markets three primary categories of construction equipment including heavy construction equipment; compact construction equipment; and road building equipment. Construction products are marketed primarily under the Terex? brand.

Cranes: The cranes segment designs, manufactures, services and markets a diverse variety of cranes including mobile hydraulic cranes, tower cranes, and specialised cranes for port and rail applications.Crane products are marketed primarily under the Terex? brand.

Material processing: The material processing segment designs, manufactures and markets materials processing equipment that is used to crush rock to smaller sizes/shapes, called aggregate. Screening and washing products are then used to sort and clean this aggregate.Materials processing products are marketed primarily under the Terex? and Powerscreen? brands.

The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China.

Equipment Rental: Rentals Moving Up

Out of $ 2.3 billion construction equipment sold in India, just seven per cent is sold to rental companies, which is low compared to the global average of 50 per cent; in China, it is approximately 35 per cent, in USA 65 per cent and in Japan, it is 80 per cent.