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ACE Launches BS-V AX124 Backhoe Loader at bauma ConExpo

ACE showcased seven innovative products from its diverse equipment portfolio

Construction costs rise 11% in 2024, driven by labour expenses

The cost of construction in India increased by 11 per cent over the past year, primarily driven by a 25 per cent rise in labour expenses, according to Colliers India.

Cabinet approves Rs 115 cr for Patna Metro

The Union Cabinet has approved an allocation of Rs 115 crore to expedite the Patna Metro Rail Project, a transformative initiative aimed at improving urban mobility in Bihar’s capital.

Powering Progress

Gensets are vital power sources, offering reliable electricity for backup, off-grid, and industrial applications.

India’s Logistics Sector Grows 5% in H1 2024

India’s logistics and industrial sector saw strong growth in H1 2024, with significant rent increases in major cities due to high demand for warehousing and light manufacturing.

Unmanned manufacturing operations are now a reality

Avcon Systems has extensive product offerings to solve challenges in the material handling equipment (MHE) space. Aniket Sawarkar, CEO, Avcon Systems, shares insights on the evolving material handling processes in India.

ABB India launches wireless home automation solutions

ABB-free@home® expands smart home capabilities

2030 Goal: 250,000 Excavators!

India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining

Indian rental companies are increasingly embracing digitisation

Satin Sachdeva, Founder & Secretary General, Construction Equipment Rental Association, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Adani plans Rs 800 bn investment

Adani Enterprises has announced plans to invest a staggering Rs 800 billion in the current fiscal year, signalling a significant push towards expansion and development across various sectors.

India’s CE market is growing rapidly due to urbanisation

KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.

Capacite Infraprojects bags Mumbai infra projects worth Rs 5.49 bn

Capacite Infraprojects has secured construction projects in Mumbai worth Rs 5.49 billion, signalling a significant expansion for the company in the city's urban infrastructure landscape.

Building Strong Foundation

The increasing number of construction projects is driving a surge in demand for piling, drilling, and deep foundation equipment.

Wolffkran enters into joint venture in Saudi Arabia

At the beginning of February, Wolffkran entered into a joint venture with the Zamil Group, one of the largest investment holding companies in the Kingdom, in the Saudi Arabian capital Riyadh.

Booming Demand

Industrial cranes are witnessing a soaring demand as they play a crucial role in various sectors, from construction to logistics, contributing to India's infrastructural growth.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

SANY India Celebrates Milestone Achievement of 30,000 Machines in Operation

SANY India has been a pioneer in the Indian construction machinery industry.

SANY India Celebrates Milestone Achievement of 30,000 Machines in Operation

SANY India has been a pioneer in the Indian construction machinery industry.

We are also growing in the concrete pump segment

KYB Conmat, with over 13 years of experience in the industry, is one of India’s leading manufacturers of concrete equipment and holds a top three position in most segments, including batching plants, paving machines, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President – Marketing, KYB Conmat, speaks on how his company is hearing up for Excon 2023.

Construction equipment industry anticipates 14-15% revenue surge

According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.

Schneider Electric expands Bengaluru presence

Schneider Electric India, a subsidiary of the French multinational, has leased approximately 048 mn sq ft of office space in Bengaluru's Outer Ring Road (ORR) area from Bagmane, a real estate developer.

No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

Delhi’s 2041 master plan offers $ 100 bn opportunity

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities, totaling $100 billion over the next two decades.

Mumbai Trans-Harbour Link nears 97% completion milestone

The Mumbai Trans-Harbour Link (MTHL) project is rapidly approaching a significant milestone with an impressive 96.60 per cent of the work already completed as reported by the Mumbai Metropolitan Region Development Authority (MMRDA).

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

CRUSH, SCREEN, EXCEL

The crushing and screening equipment market — which is driven by aggregate and construction industries, road projects, and railway lines — is believed to grow at a faster pace.

FIRST Construction Council explains how to unlock value through ESG

With the rise in demand for sustainability, many companies are taking steps to become ESG (environmental, social, and governance) compliant. To delve deeper into the topic, FIRST Construction Council recently hosted a virtual discussion forum on the theme of “How construction companies can unlock value through ESG”.

Perkins 4000 Series fuels India's power growth

A record number of engines were sold in India in FY2022-23.

Modern Demolition

Increased efficiency, increased safety and reduced need for skilled labour are among the many factors that drive the development of autonomous construction equipment.

The Rise of Smart Warehousing in India

The next decade of warehousing and the supply chain is set to witness the best in emerging technology. Aditya Vazirani shares more on the trend.

Tata Motors launches technologically advanced range of gensets

Equipped with reliable Tata Motors engines, the generators are available in 25kVA to 125kVA configurations

Craning for Success

Advancements in technology have propelled the increased usage of tower cranes in tall buildings.

Tower cranes are essential to constructing tall buildings

Mayank Pundir, Country Head, ACE Tower Cranes Division, speaks on how to company ensures that tower cranes meet the safety standards.

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.

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

Cat Introduces RM600, RM800 Reclaimer-Stabilizers

They can also add asphalt emulsions or other binding agents.

CE industry grows by 25% in FY2023

The quick expansion in road and infrastructure development activity across the nation, fuelled by significant governmental expenditure as well as private sector initiatives, is the primary cause of this wise rise in the industry's fortunes.

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23

YoY 28.5% growth in domestic sales, 3% growth in exports

Construction equipment ind. grows by 25% in FY2023

Construction equipment industry grows by 25% in FY2023

Soaring high!

Demand for construction hoists in India is expected to continue growing, as the country invests in infrastructure projects and the construction of commercial and residential buildings continues to expand.

BK Modi Group intends to spend $1 bn over the next five years

Over the next five years, BK Modi Group will invest around $1 billion in the market. The organisation will include international investors in the proposed projects as a source of funding.

Bringing the CE industry together

As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.

We are going to be country’s first manufacturer of electric CE

Sorab Agarwal, Executive Director, Action Construction Equipment, speaks on the key products on display during bauma CONEXPO.

Schwing Stetter India will be launching 14 new products

VG Sakthikumar, Managing Director, Schwing Stetter India, speaks on the market for their products in India.

Building a strong foundation

As India’s infrastructure modernisation drive gathers steam, there is a concomitant rise in demand for foundation equipment across the spectrum.

Perkins celebrates production of 10,000th 4000 Series engine

Perkins’ Aurangabad facility has achieved a major milestone after its 10,000th 4000 Series engine rolled off the production line.

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

Infra push for mini equipment

According to Arizton’s latest research report, India’s construction equipment market will grow at a CAGR of 8.9 per cent during 2022-2028. Mini excavators hold a decent share in the overall construction equipment industry.

Lifting up!

The hoist market is expected to grow at a CAGR of up to 7.3 per cent till 2025.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

We plan to move to electric

Customer satisfaction is important in any business. We were in constant touch with our customers by keeping their focus on our business by contacting them and offering solutions.

Towering Ahead!

The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.

we expect the market to peak in the next 2-3 years

Prashant Suryawanshi, Managing Director, Manitowoc Cranes Potain India, speaks on the role of safety in using tower cranes.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

German construction equipment industry continues to grow

The order intake in the construction equipment (CE) industry allows manufacturers with production sites in Germany to look forward to 2022 with peace of mind. When companies will be able to achieve turnover, on the other hand, is an open question, as materials continue to be in short supply and supply chain problems are delaying the production of CE

German construction equipment industry continues to grow

In 2021, the CE sector achieved a 22-percentage increase in turnover compared to the same period of previous year.

Reaching new heights

In India, construction hoists have become very popular in the past decade. They are usually used for high-rise towers of height 70 m or more undergoing construction or renovation.

Major challenge is lack of standardisation of safety norms

Indiabulls Store One is leading rental equipment provide working on PAN India basis.

Godrej Construction leads the way for implementing a circular economy

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Construction, a pioneer in adopting sustainable construction practices in India, is committed to minimize the impact of construction on the environment.

Toshiba Johnson Elevators secures orders from RMZ

Toshiba Johnson Elevators (India) (TJEI), India’s fastest growing elevator and escalator company, announced winning massive orders to supply 168 elevators at three flagship projects of the celebrated RMZ Corp, one of Asia's largest privately-owned real estate owners, investors, and developer

Concrete proof

Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.

Godrej Construction leads the way for implementing a circular economy in construction materials

Becomes one of the first construction brand powered by 100% renewable energy in their Ready-Mix Concrete (RMC) plant, Recycled Concrete Materials (RCM) plant and common areas of Godrej IT Park building in Mumbai

Toshiba Johnson Elevators secures orders from RMZ

Elevators will be installed across RMZ’s flagship projects in Bengaluru and Hyderabad.

Daimler VP: We expect heavy truck market to grow by 60% in 2021

Rajaram Krishnamurthy, VP — Marketing, Sales and Customer Service, Daimler India Commercial Vehicles on key growth drivers of tippers and dump trucks.

We expect heavy truck market in India to grow by 60% in 2021

A healthy mix of construction activities, especially affordable housing and de-regulation of the mining sector with proactive private participation are reviving demand for the tippers segment.

L&T delivers 500th mini compactor – L&T 491

Larsen & Toubro crossed a new milestone with the roll out of its 500th L&T 491 Mini Compactor from L&T Construction Equipment Limited’s Doddaballapura campus, near Bengaluru.

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.

L&T delivers 500th Mini Compactor - L&T 491

Larsen & Toubro crossed a new milestone with the roll out of its 500th L&T 491 Mini Compactor from L&T Construction Equipment Limited’s Doddaballapura campus, near Bengaluru.

Potain cranes fuel success for Indian real estate developer

Aparna Constructions and Estates trusts Potain cranes for their reliable performance and excellent return on investment

Kirloskar unveils ‘Limitless’ mission for subsidiaries to enhance experience

Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries have undertaken a refresh of their respective business vision.

Kirloskar Group unveils 'Limitless' mission for subsidiaries to enhance customer experience

Kirloskar Group introduced Kirloskar 'Limitless' mission to transform Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries and undertaken a refresh of their respective business vision.

V Senthilkumar of Propel: There are huge untapped opportunities in crushers & screens market

V Senthilkumar, Managing Director, Propel Industries, speaks on the current aggregate and M-sand production scenario, and market size for crushers and screens in India.

Crushing it!

With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.

There are huge untapped opportunities in the crushers & screens market

V Senthilkumar, Managing Director, Propel Industries

JP Infra plants over 500 trees at Sanjay Gandhi National Park

Plantation drive initiated in association with Maharashtra Forest Department, Thane

Towering over

Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.

One year of lockdown: Real estate sector beating pandemic blues

For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.

Fuel tracking solution’s penetration is less than 1% of the overall commercial fleet size

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99 per cent accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware/software.

Property mgmt firms becoming vital part of real estate

Real estate demand in metro cities is witnessing a boom due to the multiplicity of different kinds of industries, MNCs, small-scale businesses, and home-grown brands, writes Samkit Jain of Bullmen Realty.

Laying a strong foundation

The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.

Opportunities in bulk for cement

As per estimates of total projects to be sanctioned and those upcoming and under construction across sectors, the hope is to see better days ahead—quantitatively and qualitatively—for the cement industry.

YoY demand for concrete equipment will be at 20-25% in today’s scenario

Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.

More options than ever

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.

The D-factor

Where the demand will be coming from for the construction equipment industry?

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

Mahindra offers India’s first one-stop solution for vehicle scrapping

The agreement with MMRPL will enable customers get a hassle free and transparent deal under one roof. Any customer intending to purchase a new Mahindra Vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.

RLDA invites e-bids for leasing two land parcels for commercial development

The Rail Land Development Authority (RLDA) has floated a Request for Proposal (RFP) for leasing two vacant land parcels at Jaisalmer and Ajmer, Rajasthan.

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.

Mahindra’s farm equipment sector sells 29,817 units in India during March 2021

Domestic sales in March 2021 were at 29,817 units, as against 13,418 units during March 2020.

Sunteck Realty enters JV to develop 7 acres of waterfront residences in Mumbai

Sunteck Realty has secured a marquee 7 acre land parcel at Borivali. It would develop a luxury residential project in the upmarket residential locality.

RLDA invites e-bids for leasing two land parcels for commercial development at Rajasthan

These land parcels span across 31722.30 sq. m and 8960.00 sq. m. and are located at Jaisalmer and Ajmer, respectively

NHAI to develop over 600 wayside amenities

n a major move to improve commuting experience on National Highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the National Highways in the next five years, out of which 130 is targeted for development in 2021-22.

Mahindra Logistics appoints Dr Anish Shah as Chairman

He is the Deputy Managing Director and Group CFO of Mahindra & Mahindra (M&M) Limited. He is designated to take over as the Managing Director and CEO of M&M from April 2, 2021.

Potain tower cranes deliver versatile performance to construction projects in China

Potain top-slewing cranes are helping to build a real estate development in Xiangshan and a chemical plant in Zhenhai

Nigraani’s fuel tracking solution’s gains enable ARSS to increase driver’s salary multi-fold

ARSS Infrastructure Projects (ARSS) achieved an RoI in fuel tracking solution in months.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Real estate sector seeks Rs 1.25 lakh cr stress fund

The National Real Estate Development Council (NAREDCO), an industry body, is seeking an estimated Rs 125,000 crore via many Housing Finance Corporations (HFCs) and Non-Banking Financial Companies (NBFCs) who they say are ready to establish such stress funds for the ailing real estate sector. According to the body, this will allow for faster sanctions and appraisals.

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

CE industry: On the road to recovery

The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.

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