Why is CE Industry Shying Away from Sharing Info

At a time when even the Supreme Court forced the Government of India to reveal the donors to the electoral bond scheme, there are associations in India, which are not maintaining the spirit of transparency, argues PRATAP PADODE.

LDA to use controlled demolition technique for illegal structures

Lucknow Development Authority (LDA) will now explore controlled demolition techniques for demolishing high-rise buildings.

Srei receives EoI for capital infusion from Cerberus

The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.

The D-factor

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

Mining opportunities and challenges

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

Mechanised scavenging to be made mandatory

Government will amend the Manual Scavenging Act to make mechanised cleaning mandatory.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

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.

Looking for a Turnaround

We expect Excon to be more vibrant and industry-specific

With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.

More engines of growth needed

Off-Highway Research reports a turnaround in the global construction equipment (CE) market, which is expected to grow 16 per cent this year.

FROM RECOVERY TO GROWTH

The construction market in India is the second largest in Asia-Pacific Countries (APAC) region and is expected to become the fastest growing market in the region by 2025.

ICEMA Wins,Ban Dropped

Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.

Equipment & Technology for Infrastructure is no Luxury!

The Supreme Court's recent clarification that construction equipment and agricultural equipment are not included in the BS-III vehicle ban was a sigh of relief to the concerned industry.

INFRA INFRA INFRA

The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.

Equipment India awards & ceo forum 2017

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

The new norms

Lok Sabha has passed the GST Bill, clearing the deck for its smooth rollout from this July. Termed as independent India?s biggest reform initiative, the GST Bill is expected to bring together the entire nation on a single platform of taxation.

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

Ready for the Big Boom

Large capacity concrete batching plants are to piggyback upcoming 100 new concrete roads and other infrastructure projects. Mass concreting is expected to be a major constituent of upcoming infrastructure projects in roads and highways, railways, sea ports, airports, power plants

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.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

?We have demand for excavators from mining companies?

We provide services like buyback, workshop services, AMC of machines, on-site repairs, operator training, different types of parts promotion, and credit facilities to major corporate customers, says Pramod Patwardhan, Managing Director, SVP Mining. Excerpts from the interview.

CE industry is to grow in the long term at a CAGR of 17.5%

The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.

A Fresh Lease of Life

Crushers and screens address the supply requirements of the core infrastructure raw material inputs. The de-growth in the mining sector and the prevailing slowdown in the road sector has had a negative impact on the crushers and screens equipment (CS&E) segment. Like in many other equipment segments, the original equipment manufacturers in CS&E also have been busy with upgradation of existing range and new launches. The recent lifting of the ban on iron ore mining by the Supreme Court is expecte

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.