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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.

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.

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