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Gmmco: A one-stop solution provider

Customers look to Gmmco to offer complete solutions be it new equipment, used equipment, rental, buyback, tailor-made product support solutions, etc.

Our solutions increase efficiency reduce carbon footprint

Manojit Acharya, Managing Director, Jungheinrich India, speaks on the company’s approach towards environmental sustainability.

Deere reports 32% net sales increase for Q1 2023

Deere & Company’s global net sales and revenue increased 32 per cent, to $12.7 billion, for the first quarter of the company’s fiscal year.

Towards a Sustainable Future

Tata Hitachi has made significant investments in its plants at Dharwad and Kharagpur towards renewable energy, rainwater harvesting, and reusing ETP water for irrigation

Caterpillar’s digital-enabled solutions at bauma

Caterpillar exhibit featured a technology ecosystem to help customers get the most from their machines.

We are going to be country’s first manufacturer of electric CE

Sorab Agarwal, Executive Director, Action Construction Equipment, speaks on the key products on display during bauma CONEXPO.

We want to be India’s biggest marketplace for machinery and cars

Sameer Malhotra, CEO, and Sanjay Khanna, Business Head, Shriram Automall, speak on the market for construction equipment in India.

The demand for high-capacity equipment is increasing day by day

Amit Banerjee, Chairman and Managing Director, BEML, shares the outlook for the Indian mining industry, and the sectors that will drive the demand in the mining sector.

Selecting the right genset

Commercial generators are often leveraged as a primary source of power when starting new construction projects.

Gmmco: A one-stop solution provider

Established in 1967, Gmmco is part of the $2.8 billion diversified CK Birla Group. Gmmco is a priority Caterpillar dealer for south, central and western India selling mining, construction and energy equipment to customers including CIL, SCCL, and other state-owned enterprises. Gmmco offers a one-stop solution shop for all industrial requirements.

Gmmco: A one-stop solution provider

Gmmco, a part of the $2.8 billion diversified CK Birla Group, has a wide portfolio of construction equipment, including excavators, loaders, motor graders and off-highway trucks. Proven technological leadership, superior build quality, optimum costs and an efficient service network make Caterpillar equipment stand apart from competitors.

Eyeing new heights

The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.

The world is transitioning towards sustainable business practices.

Our emphasis has always been to keep the customer foremost in our mind. We have therefore, laid special emphasis on customer-friendly products and solutions that are easy to adapt to and help in enhancing usability and serviceability.

Semiconductor shortage to hamper ce industry

Global semiconductor shortages may curtail new equipment production,resulting in higher used equipment prices.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

Shriram Automall – the Power of Choice for Construction Equipment

Shriram Automall India (SAMIL), an ISO 9001:2015 certified company, is India’s first-ever service provider to offer a well-organised and transparent platform for the exchange of pre-owned vehicles and equipment.

Bounce back

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

Leavitt Machinery acquires Reliable Forklift

Leavitt Machinery, based in Surrey, British Columbia, has acquired Reliable Forklift Sales. Reliable, started in 2005 by Don and Mary Carlson, continues to experience tremendous growth year after year.

AWPs for safe and reliable operations

The post-pandemic conditions demand for safer and secure means of operations where AWPs will play a major role and will gain prominence in future.

MAJOR appoints new dealer

The company will serve customers in Connecticut, Massachusetts and Rhode Island.

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.

Pre-owned Equipment Market to Excel

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Used Equipment Market to Flourish

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

Stepping up Skill Development

The Infrastructure Equipment Skill Council is partnering with the key stakeholders in the construction equipment industry and state governments to strengthen the skill development initiatives in the construction equipment sector.

Hy-Brid Lifts expands sales network for better customer service across US

Hy-Brid Lifts, the industry leader in high-quality, low-level access equipment, has partnered with three regional sales groups to better serve customers across the US.

We proactively pursue when it comes to adopting digital technologies

As a major player in heavy-duty mobile cranes market in India, TIL has consolidated its presence over the years.

Terex AWP names new Technical Director for Genie services

Focused on proactively supporting aerial equipment customers in Australia, countries in the Asia-Pacific (APAC) region and China, Craig Kittle has accepted the position of Genie Director of Technical Service for APAC & China, Terex AWP.

Bigger Digger

Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.

JLG announces global aftermarket leadership promotions

JLG Industries, Inc has announced leadership promotions in its North American, Asia-Pacific (APAC) and Europe-Middle East-Africa-India-Russia (EMEAIR) aftermarket operations.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

"Trenchless technology is becoming more prominent"

Vermeer is in the business of trenchless technology for three decades and over the period, has developed advanced technologies to handle different challenging projects.

Srei Equipment Finance to offer new financing solutions

Srei Equipment Finance will have a big presence at the bauma CONEXPO INDIA 2018 with its stall (O.F35) of about 2,315 sq ft in outdoor pavilion.

We offer much more than just the live auctions

Ritchie Bros is one of the largest equipment platforms worldwide, transacting hundreds of thousands of items each year. Eduard Faig, Regional Sales Manager, Middle East, Africa and Asia Subcontinent, Ritchie Bros elaborates on the company's presence in the global market and its future plans for India.

Riwal added to JLG distributorship

JLG Industries, Inc., the leading global manufacturer of aerial work platforms and telescopic material handlers, has appointed Riwal as its sole distributor for Croatia, Slovenia, Bosnia and Herzegovina, and Montenegro.

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.

Equipment finance sector to grow at 19 per cent CAGR

We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.

Growth in equipment finance market to continue

There has been a substantial upswing in sales of construction equipment during the last two years, mainly driven by commissioning of major infrastructure projects by the government in roads and other sectors.

In the Limelight of Infra growth

Construction equipment today not only makes it easier to complete the project at hand, but also ensures the efficient use of labour, time and money. About 30-35 per cent of money involved in construction is dedicated towards procurement of good machinery and equipment.

Digital Platform for efficient CE Sourcing

With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.

AWPs: Safe working at heights

There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.

Backhoe Loaders: Back in Action

Backhoe loader is the front-runner among the infrastructure equipment used in the country with almost 50 per cent of the market share in number of unit.

We will have our biggest presence in Excon this year

The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).

A great forum to showcase technology advancements

Growing public and private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India

Productivity and cost are key in equipment selection

We are involved in almost all types of construction projects, both in India and abroad. We are the pioneers in pile foundation works in India and execute various kinds of piling works like cast-in-situ driven piles, precast driven piles, jointed precast piles, precast pre-bored piles, bored piles, steel piles, composite piles, marine piles etc.

India still to mature oN productivity parameters

L&T Construction is executing several important infrastructure projects across the country and overseas. In the roads, runways and elevated corridors sector, we are presently executing more than 30 projects.

Warehousing Equipment Aiming New Heights

Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.

We have sold over 25,000 used equipment through physical bidding

Shriram Automall India is the number one service provider of used construction equipment in the country. Sameer Malhotra, CEO, Shriram Automall, elaborates on the used equipment market in India and the company's services to customers.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

Will CE cross 'Mount 52,500'?

Will CE cross its previous peak of 52,500 units achieved in 2011 this year, despite the additional burden caused by GST? The majority feels that the peak is within reach.

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.

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.

Used Equipment Auctions

Over time, the pre-owned construction equipment market has almost become equal to the new equipment one, in terms of volume. However, the age-old pre-owned construction equipment industry in India was highly dominated by conservative and unreliable trade practices till a few years back.

Indian customers are gradually becoming safety conscious

Aerial Work Platforms (AWPs) can make a difference in a company?s day to day operation. There is a broad spectrum of models with a variety of lift heights suitable for almost any work requirement.

AN EVOLVING MARKET

Aerial work platforms are not just machines that ensure safety to people when they are working at height but alongside it vastly increases productivity. Work can be done more efficiently and quickly, and timelines can be met.

ON THE CLOCK!

Material and earth movements are the major work content of all infrastructure developments and mining activities. Front-end loaders, backhoe loaders, dozers and application-centric equipment as options for the users to choose from to suit individual requirements.

Equipment insurance has huge demand in the current market scenario

CPM basically includes contractor?s construction equipment such as bulldozers, cranes, excavators, compressors, etc, due to an accident arising out of external perils. During dismantling and relocation from one place to the other, there is a possibility of the machines/equipment get damaged.

Equipment buyers, whether small or large businesses, are making a bee line for quality and cost-effective equipment

Ritchie Bros is eager to help people in India sell and buy the equipment they need through the efficient and powerful channels we offer. Eduard Faig, Regional Sales Manager - Middle East, Africa and India, Ritchie Brothers, UAE, shares more on the company?s activities and industry focus.

Equipment Selection | INFORMED DECISIONS

Modern construction and mining activities in India need to be expedited with utmost focus on the highest possible productivity, operational excellence, emission compliance, safety and best-of-class economy. Over the past decade, the market for such equipment has substantially matured resulting in the equipment selectors mooting innovative and prudent ideas while selecting the most suitable equipment fleets commensurate to their company objectives and philosophies.

Creating Value for Mining Machinery Companies through Services

Service strategy of any mining machinery service companies should be designed to maximise service-based value creation to OEM or end customers. Ranjit Ravindran elaborates...There is no one-size-fits-all service strategy to suit every machinery company, but there are three broad models that cover how most can make money from services

Ritchie Bros acquires IronPlanet

Ritchie Bros has acquired IronPlanet, the online used equipment and auction marketplace. Founded in 1999

Ritchie Bros acquires IronPlanet

The leading construction equipment auctioneer, Ritchie Bros has acquired IronPlanet, the online used equipment and auction marketplace. Founded in 1999, the US-based IronPlanet sells machinery primarily through online platforms, with weekly online auctions.

Underground Excavation is Here to Stay

Sub-terrain excavation and drilling to provide sustained connect for utilities, in urban spaces, is the essence of the challenge. It is adequately met by using micro-tunnelling and trenchless technologies.

Essential for Road Building

Commitment towards infrastructural development and faster implementation of road projects to desired specifications are driving the growth of the motor grader market in India.

Safe and Productive

The developed market saw the use of AWPs decades ago. Such machines were in demand by users, for two reasons: safety and speed of work.

8 YEARS OF EQUIPMENT INDIA

I am deeply honoured and pleased to inform you that EQUIPMENT INDIA has successfully completed eight years of publication as the only magazine on infrastructure equipment in the country.

20T and 30T Hydraulic Excavators

To begin with, used equipment segment is a highly disorganised sector... Authentic and structured market data for used equipment is not available for India, because no market surveys or analysis have been carried out so far.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Widening Growth Path

For the emerging and developing nations, the growth path widens which will inevitably be attractive destinations for machine makers worldwide, writes Pradeep Sharma.

Setting New Standards

SAMIL aims to capture a large share in the market as the government has allotted huge amount towards construction of new highways and road network all over the country.

Waking up to New Demand

The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Concrete Paving to Flourish

Renewed thrust on building new concrete roads by Indian government spells a boom for concrete paving equipment industry in India. Most of the highway network in USA was built with concrete roads and some

We are keen to have machines with reputed past and best technology

We conduct enough field tests and other evaluations of the equipment before going full fledged introduction, says SP Rajan, Head - P&M RREC, L&T Construction

We procure new and used equipment depends on the scope of utilisation

Simplex Infrastructures is one of the largest infrastructure solutions providers in India and the Middle East having presence in across eight first growing industry verticals.Samar Ghoshdastidar, Technical Director, Simplex Infrastructures, provides an in-depth overview on the company?s equipment procurement procedures.

We dont generally procure used equipment

We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.

Yuan Devaluation Spells Gloom

The recent devaluation of Chinese Yuan by 4 per cent has triggered a global crash of stock markets. Indian BSE index has dropped by over 16000 points and there is more to come.

ICEMA seeks curb on used equipment import

The Indian Construction Equipment Manufacturers? Association (ICEMA) has urged the Centre to regulate the import of second-hand equipment to protect the domestic sector. Anand Sundaresan, President, ICEMA, said that they expected Chinese firms to dump their used construction equipment into India, following the recent devaluation of Chinese yuan.

Passenger-cum-Material (PM) Hoists

Available information collected from various sources reveals that approximately 2,000-3,000 units of construction hoists are operational in India. They are mainly deployed in construction of multi-storied buildings and structures of heights above 75 m.

Rolling On and On

The used roller market is expected for a demand pick up that structures itself majorly on a kickstart to the road construction projects, writes Samir Malhotra. The Indian used construction equipment market is largely populated

High Expectations

With growing safety awareness, the Aerial Work Platforms (AWPs), one of the best solutions to keep people safe, while working at heights, is poised for exponential growth in the near future.

SDLG launches in Nepal

Shandong Lingong Machinery Co, Ltd (known as Lingong) has launched its range of SDLG-branded construction equipment

Motor Graders

Owing to a very high demand, practically all recognized Motor Grader manufacturers of like Caterpillar, Komatsu, Volvo, LeeBoy, Tata Hitachi and others are selling used Motor Graders either directly or through their authorized dealerships, closely followed by organised resellers cum auctioneers like Quippo, Shriram Automall, Gemini Equipments, Infrabazaar and finally at tier III, level by small and medium sized resellers spread all over the country.

New Dealer for Volvo CE in Nepal

Explore Earthmoving, part of the Panchakanya Group, has been appointed as Volvo CE?s national dealer for Nepal in a move to strengthen sales and service support in the country. Panchakanya Group (PK Group) is one of Nepal?s leading industrial trading houses, with an annual turnover in excess of USD 40m.

Is the money flowing again?

Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

20T and 30T Hydraulic Excavators

Used equipment market is the Tier II selling platform for infrastructure equipment in India. A sneak peek into the market trends of this segment. To begin with, used equipment segment is a highly disorganised sector.

Energy Conservation A Global Initiative

Lord J.C. Bamford, Chairman JCB Group, on the eve of the one year completion of PM Modi's government recently expressed support by stating, ?We are very positive about India and positive about the Indian government.

Tata Motors Finance for used equipment finance

Tata Motors Finance is venturing into financing of used trucks and construction equipment.

Accessing Heights, Safely

As the access equipment industry matures in India and users become more aware on the advantages of using such equipment over conventional practices of working at heights, the rental sector in India is poised for a very bright and promising future.

Used equipment without safety standards is a challenge

There is a lot of positivity in the industry though things have not picked up to the extent that we hoped for; what we expected to happen in three months may happen in six months time. We feel that the industry is going to be 10-15 per cent better after six months; and from next year, things will start falling in place.

Demand for minerals and mining services is strong in the country

Introduction of a country-wide goods and services tax (GST) can dramatically alter tax administration by giving a one-stop solution for excise and value-added tax into a single unified tax, says Dimitrov Krishnan, Vice-President, Sales & Marketing, Volvo CE, India.

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