Search
Backhoe loaders:Leading the Growth
At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.
Manitou Group inaugurates India subsidiary
The Manitou group, worldwide leader in all-terrain handling equipment, inaugurated its new entity Manitou Equipment India Private Limited, following the recent acquisition of Terex Equipment Private Limited. In doing so, the group underlines its commitment to develop backhoe loaders and skid steer loaders markets in India and in other emerging countries.
Skidding Upwards!
Almost two decades ago, a skid steer machine was connoted as ?Bobcat?, because that was the most popular brand of skid steer machines in the world. The term ?skid steer? stands for turning on its axis by skidding and not by steering the wheels.
Backhoe Loaders Get a Rural Boost
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
TWS Launches New Conveyor Range
The Terex AggreStac range currently comes in three options, 50 ft, 65 ft and 80 ft. Terex Washing Systems (TWS) has enhanced their product portfolio with the announcement of the Terex AggreStac conveyor range.
backhoe loaders:flat Growth
Backhoe loaders are passing through a challenging time for the past few years. Market is registering a flat growth with some indications that it is shrinking.However, now there is optimism among the leading players in the backhoe industry
Wheel loaders - Optimising Productivity
Cycle time is a critical success factor in all bulk handling applications. Ramifications of high cycle time even extend to bulk handlers securing business. Wheel loaders are extensively used bulk handling tools wherein high productivity is of essence.
A respected professional
Sunil Tiku joined Terex Equipment (TEPL) in March 2012 as Senior Director Sales and Marketing and is responsible for delivering on Terex?s sales strategy for India and SAARC and ASEAN countries.
Rental segment will drive the demand for backhoe loaders
We are the authorised dealers for Terex Equipment in Mumbai, Thane and Raigad districts of Maharashtra. Terex in India operates in four different verticals: cranes, mining equipment (crushers and screens), earthmoving equipment, and aerial work platforms.
Versatility to Steer Growth
As the affordability of the skid steers becomes more attractive with respect to the loader backhoes, its popularity will increase among the hiring segment that will up the demand curve. The current demand for skid steer is not quite promising.
BHL Market to Grow
It?s a fact that the backhoe market has been reduced to one-third of the actual market size, and currently, supply is more compared to demand, and the industry is not very hopeful for a turnaround, especially in this financial year.
Our machines are not only made in India, but also made for India
Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.
Make in India
Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.
Steering the Growth
Skid steer, the little cute machine, is steadily carving a niche amidst the Goliaths of construction equipment space. Such a versatile piece of machine when clubbed with a variety of attachments, still has not got its due yet.
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.
Moving Ahead
The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.
At Terex, we are very bullish about India growth story
Vijay Sharma, Executive Director, Terex Equipment India: The huge quantum of the infrastructure to be developed over a period of time, tells no other story. Even for the metros to sustain for another 25 years, we need better infrastructure, better connectivity.
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.