Focus on Infra, Skilling

Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support

OEMs are evaluating multiple options of adopting alternate fuel.”

BKR Prasad – General Manager, Marketing, Tata Hitachi Construction Equipment

Metro Rail sustainability suffering from affordability & connectivity

An affordable fare structure & an efficient last-mile connectivity are vital for Metro Rail

Budget 2024: Key highlights

Key highlights of Interim Budget 2024

MET approves 309 mineral exploration projects worth Rs 21 bn

The National Mineral Exploration Trust (NMET) has granted approval to 309 projects with an estimated total cost of Rs 21 billion for conducting regional and detailed exploration activities throughout the country

Delhi to hold FCC’s India Roads Conference on 12th Oct

To be hosted at Hotel Shangri-La Eros, New Delhi, the conference will witness more than 25 experts, policymakers, and industry leaders discussing innovative technologies, sustainable practices, and funding opportunities that promise to revolutionise the road construction landscape in India.

Fuelling the future

Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.

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.

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

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

Technology drives John Deere’s 25-year success in India

Over its 25 years, John Deere has shown significant commitment to investment in manufacturing and product development in India

Cabinet approves National Green Hydrogen Mission

The Union Cabinet has approved National Green Hydrogen Mission. The initial outlay for the Mission will be Rs 197.44 billion including an outlay of Rs174.90 billion for the SIGHT programme Rs 14.66 billion for pilot projects Rs 4 billion for R&D and Rs 3.88 billion towards other Mission components.

The demand for excavators & backhoe loaders will rise

Nischal Mehrotra, VP - Sales & marketing, Liugong India, speaks on the market in India for their products.

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 keen to showcase our readiness in building the India of tomorrow

BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.

Going forward, we will have new products

Kaushik Sen, Country General Manager, Drillman Global, speaks on the IoT and digital technologies that are evolving in the business.

ADB and EIB to help MahaMetro raise Rs 3,586 cr for Nagpur Metro phase-II

The first phase was funded by France’s AFD and KFW a German agency

All eyes on bauma CONEXPO!

The ‘Future of Nation Building’ is the main theme at this edition as all industry stakeholders converge to make India’s dream of infra-led development a reality.

The exhibition will bring together next-gen technologies to power India’s infra-growth ambitions

Bhupinder Singh, CEO, bauma CONEXPO INDIA, elaborates on what the construction and infra-development ecosystem can expect from the upcoming edition in Greater Noida, and why this is a decisive platform for large and emerging players in the equipment sourcing and manufacturing market.

Up-grading roads!

The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.

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.

Use of automation in road construction may increase

Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.

There is an increase in demand for underground equipment

Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.

Upgrading Technology

Commonly used to construct and maintain gravel and dirt roads, motor graders have also prepared building foundations and drainage ditches, making them popular with government agencies and contractors.

Upgrading Technology

Commonly used to construct and maintain gravel and dirt roads, motor graders have also prepared building foundations and drainage ditches, making them popular with government agencies and contractors

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

One of the major demand drivers is increase in demand for underground mining equipment

With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.

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.

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.

Dimitrov Krishnan is new President of ICEMA

The Indian Construction Equipment Manufacturers Association (ICEMA) elected their President for the period 2021-23 during its Annual General Meeting held virtually on July 19, 2021.

Dimitrov Krishnan is new President of ICEMA

Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India Pvt Ltd will lead ICEMA, the apex association of CE industry.

Freight Smart Cities on the verge of reducing logistics cost

Government unveils plans for freight smart cities to minimise logistics cost

Jindal Stainless facilitates supply of 150 ventilators for Covid relief

So far, Jindal Stainless has supplied nearly 5400 MT Liquid Medical Oxygen (LMO) to various hospitals and oxygen filling centres. Through its units in Hisar and Jajpur, the Company is supplying over 50 tonnes of Oxygen per day to 50+ medical facilities in Haryana, Delhi-NCR, and Odisha.

Vedanta Aluminium launches maiden Sustainable Development Report

Launched on World Environment Day, the report captures sustainability performance highlights of FY 2019-20.

We expect the market for hydraulic excavators to grow by 20%

The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.

Vedanta BALCO’s 100-bedded Covid field hospital operationalised

The 100-bedded state-of-the-art hospital shall provide critical care support to COVID patients, aiding state government’s efforts

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.

7500+ people vaccinated by Vedanta at its plants in Odisha and Chhattisgarh

edanta Aluminium & Power Business, India’s largest producer of aluminium and value-added aluminium products, has accelerated the COVID vaccination initiative and vaccinated over 7500 of its people across its plants.

AM/NS sets up 1000-bed COVID hospital in Hazira

This dedicated 250-bed COVID care hospital near the AM/NS India Hazira manufacturing plant will admit only patients who need oxygen. AM/NS India will ensure speedy transfer of patients via ambulances to nearby hospitals in case they require more intensive medical intervention.

Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

Bounce back

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

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

Highway works worth Rs 1.63 lakh cr sanctioned in six years

Highway works worth Rs 1.63 lakh cr sanctioned in six years

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.

Structural reforms in mining sector to realise its true potential: Pralhad Joshi

The proposed changes in mining sector to increase private sector participation

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

Light at the End of the Tunnel

Tunnels seem to be coming up in metropolitan and remote areas alike, so TBMs and other equipment should be in demand. How is the industry gearing up?

The industry has crossed the worst phase

The market is now looking at a new dawn with a number of new projects. Shantanu Sinha, Executive Director, Trenchless Toolbox, elaborates on the current market scenario and the company’s plans ahead.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

The growth of mini excavators will be much faster

Tata Hitachi pioneered the mini excavator market by introducing the first indigenously developed 2T TMX20, way back in the 1990s. Rahul Shorey, Head Sales – Construction, Tata Hitachi Construction Machinery Co, shares more on the market trends.

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

We have a huge focus on Indian market

With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.

VECV resumes manufacturing in seven plants

VE Commercial Vehicles (VECV) announced the resumption of manufacturing operations in seven of its plants in the country. These plants located in Pithampur, Dewas, and Baggad in Madhya Pradesh and Thane in Maharashtra have resumed lean operations after the required permissions were granted by the state government.

Budget cuts by states to adversely affect construction contractors: ICRA

The overall capex budgeted by states for FY2021 is likely to witness steep cut.

VECV resumes manufacturing operations in seven plants

VE Commercial Vehicles (VECV) announced the resumption of manufacturing operations in seven of its plants in the country.

VECV resumes manufacturing operations in seven plants

VE Commercial Vehicles (VECV) announced the resumption of manufacturing operations in seven of its plants in the country.

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.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

India Construction Festival - 2019

The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.

Mining Needs a Leg-up

For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

CRUSHING BARRIERS

Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.

SLCM plays a vital role in mobile concreting equipment sector

Self-loading concrete mixer (SLCM) market is upbeat and the Argo model can be a panacea in the concrete life to many odd jobs of varied concreting applications.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

Setting New Standards

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.

Vertical Growth

Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.

An Uphill Road Ahead

Out of about nine lakh construction equipment operators in India, only9,000 operators are certified by Infrastructure Equipment Skill Council (IESC).

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.

Technology Meets Opportunity

Rs 1.2 trillion investment in roads and highways; extension of 3.17 lakh km of rural roads; 35,000 km highway construction under Bharatmala Pariyojana scheme- it seems that there is a lot slated to happen in the coming years in rural roads and highways.

Indian CE Market: AN Overview

Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.

Avvashya CCI Logistics starts operations at Bhiwandi warehouse

Avvashya CCI Logistics (ACCI), a subsidiary company of Allcargo Logistics Ltd, started operations at its new warehouse in Bhiwandi. The state-of-the-art warehouse is located at the Renaissance Logistics Park, WB-09 Bhiwandi. A part of the warehouse, up to 2500 pallet position, is dedicated for Clariant, a multinational specialty chemicals company and rest for other customers.

On a Brighter Note

The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.

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.

Excon 2017 to attract over 1,000 exhibitors

The 9th edition of Excon, India's premier and South Asia's largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017, is expected to attract more than 1,000 exhibitors, including around 300 companies from abroad

Excon 2017 to attract over 1,000 exhibitors

The 9th edition of Excon, India?s premier and South Asia?s largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017, is expected to attract more than 1,000 exhibitors, including around 300 companies from abroad.

The Road Ahead

In spite of the government's policy shift towards building four- and six-lane National Highways as concrete roads, plans to construct more rural roads and coastal roads will drive the demand for asphalt plants in the future. EQUIPMENT INDIA explores the road ahead for asphalt plants.

Construction enabler

India is on a fast track to develop world-class infrastructure in the country. Commencing with road sector wherein a construction speed of 40 km a day has already been achieved, plans are afloat to take it to 100 km a day. Similar traction has begun in other construction sectors like canals and more will follow.

We expect a CAGR of 10 per cent during 2016-2020 in material handling sector

With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.

We need policy for smooth movement of cranes across state borders

In India it is becoming a trend to opt for newer cranes because the selection parameters are stringent and green initiative consciousness with multi nationals

National Conclave on Smart Technologies

The conclave, held on August 22-23, 2015, in Hyderabad, brought together international experts on technologies and smart cities along with urban development officials from across India.

Graded Up

If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.

Diggies to Scoop the Growth Pie

Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.

We need policy for smooth movement of cranes across state borders

In India it is becoming a trend to opt for newer cranes because the selection parameters are stringent and green initiative consciousness with multi nationals and even some government organisations

We have plans to start more offices in Andhra Pradesh and Telangana

With the government giving more focus on smart cities, we feel the other smaller cities will also develop parallelly and there will be demand for construction equipment, says B Lakshminarayana, Managing Director, Sri Sai Infra Equipment Pvt Ltd.

Ready for Long Haulage

COMMERCIAL vehicle industry experienced one of the worst and the longest spell of recessions during last three years. However, the good news is that it is reviving now. The heavy-duty (HD) trucks industry hit the peak level in 2011 with a sales of 241,000 and it dropped to 130,000 in 2013.

Getting loan for new equipment and lead time are major challenges

We have over Rs 200 crore worth equipment for mining. We have trucks of Scania P380, Volvo FM400; excavators of Hitachi ZX650, Volvo 700, Komatsu PC 400, dozers and water tankers as per requirement of the sites.

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

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.

Dedicated infra financing vehicles are need of the hour

Eight months in office, the Central Government has done well to improve the business sentiment. Several measures aimed at easing the way of doing business have been taken. Things have started looking up for the infrastructure sector too.

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.

Integrated Load Handling Solutions

With a myriad of attachments, truck-mounted cranes have created niche applications segments with faster, safer and more productive solutions.Construction industry has been witnessing a shift towards using safer, more advanced technology, especially application-oriented equipment and machinery

M-Sand as Alternative for Natural Sand

With the latest innovations in crushing technology, modern crushers can produce well-graded and high quality sand, writes Ramanan Anantharaman.

We plan to launch a new cabin for our existing range

We are developing multiple new platforms in terms of products and customer engagement initiatives and given our scale, we are in the best position to efficiently integrate our products

Market trends and Future Growth

The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions

Maximising Output

Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.

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.

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.

We plan to develop new products like jaw crushers, cone crushers and mobile plants.

We do not sell standard plants as we consider each crushing or screening task as different from the other. We aim to offer custom-built plants which will make us a cut above the others. Also, we are tapping export markets in certain areas, which keeps us busy in the present market conditions, says VP Mundra, Director, Core Crushing Equipments.