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Lifting the Industry
By 2033, the market for crawler cranes in India is projected to reach a significant $805.95 million.
Why is India Buying Bigger Cranes?
Demand for such cranes is spurred by fast-paced infrastructure growth
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.
Towering up
Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.
Manish Mathur of ACE: Overall outlook for next two years in positive
Manish Mathur, CEO – Cranes, Action Construction Equipment, speaks on how the market for medium and heavy-duty mobile cranes progressing in India.
L&T commissions expansion project of Utkal Alumina Refinery
The Metallurgical and Material Handling (MMH) business of Larsen & Toubro has commissioned the 0.5 MTPA (million tonne per annum) expansion project of Utkal Alumina International (UAIL), a wholly owned subsidiary of Hindalco, the metals flagship company of the Aditya Birla Group.
L&T commissions expansion project of Utkal Alumina Refinery
The Metallurgical and Material Handling (MMH) business of Larsen & Toubro has commissioned the 0.5 MTPA (million tonne per annum) expansion project of Utkal Alumina International (UAIL), a wholly owned subsidiary of Hindalco, the metals flagship company of the Aditya Birla Group.
L&T commissions expansion project of Utkal Alumina Refinery
The Metallurgical and Material Handling business of L&T has commissioned 0.5 MTPA expansion project of Utkal Alumina International (UAIL), a wholly owned subsidiary of Hindalco, the metals flagship company of the Aditya Birla Group
Overall outlook for next two years in positive
The overall outlook for next couple of years for pick and carry, and medium and heavy duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between.
Lifting up Expectations
Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.