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Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
Urbanisation Boosts Attachments Market
Rapid urbanisation and infrastructure expansion propel the demand for excavator attachments, driving market growth exponentially.
Mini Equipment Market Booms
Mini construction equipment provides the versatility and efficiency needed for modern construction projects, especially in urban areas and confined spaces.
Transforming Construction
The market for skid steer loaders is anything but static, constantly shaped by a confluence of factors spanning economic conditions, technological innovations, and industry-specific dynamics.
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.
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.
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.
We expect a growth of 15-20 per cent after the market opens up
The foundation equipment market is driven by vibratory hammers and RCDs besides piling rigs. Surajit Mukherjee, Managing Director, Suretech Infrastructure, shares more on the market trends.
New Side Gripper guarantees higher reliability
Dieseko Group BV, the global market leader of innovative foundation equipment and within their product range, both PVE and ICE vibratory hammer, has recently launched a revolutionary new side gripper
On Strong Foundation
Foundation equipment segment is back on action with a lot of equipment busy at various project sites across the country. The trend is expected to continue for the next few years.
Show of Faith
After using Kobelco excavators, model SK210 and SK350, and other brands, Naidu's Infracon is equipped itself with the latest Kobelco excavator Generation 10, SK220XDLC-10.
Imparting Versatility
Use of job-centric attachments converts conventional construction equipment into multipurpose machines, making them more productive, thereby ensuring better utilisation and job site economy. As rightly mentioned by industry veteran, Vipin Sondhi, Managing Director, JCB India Ltd, ?India is a country where jugaad is a way of life for providing engineered solutions for achieving desired objectives which are seemingly impossible many a time.
Laying Strong Foundation
India?s drive for infrastructure development has already commenced resulting in increased usage of foundation equipment. Their demand is expected to grow further in the coming years.
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.
Suretech and Digga Austrlia Join Hands
Digga Australia has tied up with Suretech Infrastructure for sales and product support for its auger drives, for the Indian sub-continent.
Piling Deep for Solid Growth
In a highly competitive market space hitherto rigged with challenge, the piling industry has responded positively by developing and launching advanced rigs. The piling technology with latest monitoring features could help increase productivity and reduce overall cost of a project.
In search of a strong foundation
Absence of big ticket projects such as greenfield power and steel plant projects, crashed out rental rates and surplus of idling equipment, and the cash flow crisis - the overall scenario of the foundation equipment market from the micro point of view seems to be grim, even though from the macro point of view few metro projects seem to have given a bit of relief to the industry.
We have taken up the dealership of Beretta micro piling and anchoring drilling rigs
There is an overall economic slowdown in the market. However, we are confident that once the market conditions improve, there will be a tremendous demand again for foundation equipment as this is the equipment which is required for all major projects involving foundation work, says Surajit Mukherjee, Managing Director, Suretech. Excerpts from the interview.