Financial management a challenge in rental industry

Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

Transforming Logistics

The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.

XCMG showcases ‘green’ construction equipment, electric wheeled loaders, skid steer loaders, backhoe loaders, mining loaders

China-based XCMG has showcased some of its latest products and technology during its 6th Customer Festival, including a number of alternative powered machines.

XCMG launches premium G2 crane brand

The platform integrates the whole process of product application, maintenance, operation, and management, including 21 core technologies and 31 spare parts.

World’s largest tonnage lift wheeled crane completes its first lift in Hengshui

In a recent operation at a 200 MW wind farm in Jing County, Hengshui, China, the XCA4000 crane, delivered by XCMG, a global leader in the construction machinery industry, 20 days ago with the highest global lifting capacity and height, completed its first lift.

World's largest tonnage lift wheeled crane completes its first lift in Hengshui

XCMG's XCA4000 wheeled crane marks the 7th time that XCMG has broken the world record

XCMG commissions world's 1st energy loader line

XCMG has officially inaugurated the XCMG Loading Equipment Research Institute (the "Institute") and commissioned the world's first new energy loader production line in Xuzhou, China.

BICES 2023 returns with great success

Total 1,320 exhibitors from over 30 countries and regions exhibited at this BICES 2023

New energy equipment at BICES 2023

BICES has clearly become a significant platform and support for the construction machinery industry.

BICES 2023: Full steam ahead for preparations

BICES will be held on September 20-23, 2023 in China.

Craning for Success

Advancements in technology have propelled the increased usage of tower cranes in tall buildings.

Schwing Stetter honoured by Leadership Management International

Schwing Stetter India, one of the country’s leading construction and concreting equipment manufacturer, was recently honoured as the “World Client of the Year” at a conference held by Leadership Management® International (LMI), a world leader in organisational and leadership development.

WCL Commissions New Heavy Earth Moving Machines

The new machines will help to improve mining operations and boost production

BICES 2023 conference held during CONEXPO

On March 15, the press conference of the 16th China Beijing International Construction Machinery, Building Materials Machines and Mining Machines Exhibition & Seminar (BICES 2023) was held at CONEXPO-CON/AGG in Las Vegas

Schwing Stetter honoured by Leadership Management International

The company has been honoured with "World Client of the Year"

XCMG releases 17 models of excavators

XCMG Excavator, a subsidiary of Xuzhou Construction Machinery Group, recently staged the grand launch of 17 new excavators that are specially designed and customised for the high-end North American market.

BICES 2023 conference held during CONEXPO

BICES is an industrial exhibition in China with the longest history and high-quality performance.

SCHWING Stetter launches 14 new products at bauma CONEXPO

Shri Nitin Gadkari launched one of the key products during the event.

Schwing Stetter India will be launching 14 new products

VG Sakthikumar, Managing Director, Schwing Stetter India, speaks on the market for their products in India.

Crawlers race ahead

Rising demand is boosting the development of new crawler crane launches and features.

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.

Schwing Stetter launches XCMG hydraulic excavator and wheel loader range

Aims to reach the biggest market for quarry machines in Tamil Nadu

XCMG launches 7th edition of apprentice programme

XCMG, the 3rd largest construction machinery company in the world, is beginning their seventh edition of the annual large-scale integrated Marketing Creative Event, XCMG Apprentice, called “XCMG Time Traveler”.

XCMG launches 7th edition of apprentice programme

The annual large-scale integrated marketing creative event is called XCMG Time Traveler

Infra push for mini equipment

According to Arizton’s latest research report, India’s construction equipment market will grow at a CAGR of 8.9 per cent during 2022-2028. Mini excavators hold a decent share in the overall construction equipment industry.

Schwing Stetter unveils premium mini excavators in Kerala

All the models are embedded with the latest technology. Some of the other amenities that the machines have are boom deflection, Zero tail, modern canopy and AC cabin, for fatigue free operation of the operator, as well as built in Self Diagnostic modules for easy service and maintenance.

XCMG’s integrated solutions at bauma China

Leading construction machinery manufacturer XCMG presented its best products and brightest technologies in a super exhibition at the 2020 bauma China.

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.

Mobile cranes with latest tech would be in good demand

The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.

Schwing Stetter India joins the fight against Covid-19

Schwing Stetter India, one of the largest manufacturers of concreting and construction equipment’s across the country, announced that it has converted a floor in one of its existing building of its factories – F75 unit in Sri Perumbadur into a Covid care centre.

YoY demand for concrete equipment will be at 20-25% in today’s scenario

Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.

XCMG delivers advanced wheel bulldozer to Mongolia

XCMG has delivered a DL560 wheel bulldozer, its largest wheel loader, to Mongolia. Th e delivery marks full access for the Mongolia mining industry to XCMG’s entire product line of large-tonnage loaders and wheel bulldozers.

Next year will be the best for construction industry

Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.

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?

Schwing Stetter India Launches XCMG Excavator Range

Schwing Stetter India (SSI) launched its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C.

Schwing Stetter India Launches XCMG Excavator Range

Schwing Stetter India (SSI) launched its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

Schwing Stetter launches 22 products at Excon

Schwing Stetter India unveiled 22 new products at the Excon 2019 in Bengaluru. With this new product line up, Schwing Stetter India aims to position itself as one of the most prominent infrastructure equipment partner in the country and an active participant across all government projects to be announced.

We will be displaying 22 new products at Excon 2019

A pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling, Schwing Stetter has manufacturing units in 12 countries including Germany, Austria, USA, Brazil, Russia, Ostrava, UK, and India.

Schwing Stetter India launches XCMG excavators

Schwing Stetter India (SSI)announced the launch of its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C.

Loads of Opportunities

With the construction activity picking up and mining operations reviving in India, new opportunities are knocking at the doors of the wheel loader market.

XCMG Unveils 700T Excavator

The first 700-ton hydraulic excavator from XCMG has rolled off the company?s advanced assembly line in Xuzhou, China.

XCMG opens spare parts centre in Mongolia

XCMG has officially opened the company?s first spare parts centre in Ulaanbaatar, Mongolia, on July 23. The announcement is the final piece of XCMG?s supply chain jigsaw in the region and will allow XCMG to provide all-around support and services for customers in Mongolia.

XCMG organises operator training program

XCMG has successfully held the 10th operator training session of its Global Operator Excellence program. The final was held at XCMG?s piling machinery professional, intelligent manufacturing base.

Mobilising Growth

Schwing Stetter India launches XCMG excavator range

Schwing Stetter India (SSI), one of India?s leading concreting equipment manufacturers announced the launch of its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C

Rolls-Royce Power Systems and XCMG sign strategic pact

Rolls-Royce Power Systems and XCMG, a multinational heavy machinery manufacturing company based in Jiangsu, China, have formed a strategic cooperation alliance to further develop the Chinese domestic and export mining equipment markets, providing optimised solutions to customers worldwide.

XCMG crane installs highest impeller on wind farm

XCMG, China?s leading construction machinery manufacturer, has set a new world record as its XCA1600 all-terrain crane successfully installed an impeller at the record-breaking height of 140 m at the Baixiang onshore wind farm project in Hebei, China on May 6.

Pushing Growth

Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.

BAUMA bets on bigger and better

The floor is open for the largest construction equipment exhibition. Taking place from April 8 to 14, 2019 in Munich, the bauma trade fair is the leading industry event for construction machinery, building material plants, mining equipment, construction vehicles and construction equipment.

XCMG to bring latest products and solutions to bauma 2019

XCMG, the leading Chinese construction machinery manufacturer, will exhibit new products and construction machinery solutions at bauma 2019 in Munich, Germany.

XCMG to release 84 G-Series cranes in overseas markets

XCMG, China?s leading construction machinery manufacturer, plans to release a total of 84 new customised G-series cranes products globally by the end of 2019 with 25 of them being products designed for and introduced to Southeast Asian, Middle Eastern and African markets.

Steps to Safety

Being the safest means of working at heights, Aerial Work Platforms (AWPs) are naturally the option to work at height safely. However, use of AWPs in India is still limited and is picking up slowly.

Change of guard at Schwing Stetter India

Schwing Stetter India announced the retirement of Anand Sundaresan, Vice-Chairman and Managing Director of the company and a pioneer in the concreting and manufacturing industry.

Schwing Stetter India signs MoU with Tamil Nadu Government

Schwing Stetter India signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government during the Global Investors Meet 2019 held in Chennai on January 23 and 24, 2019.

BAUMA CHINA 2018

With over 13 per cent more exhibitors and 25 per cent more visitors compared to the previous edition, bauma CHINA 2018 was a grand success.

"Motor grader market in India is growing at 40 per cent"

Roads sector remains the biggest growth driver of motor graders in India. VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services, elaborates more on the market and technology trends in motor graders.

A key ingredient in mining industry

The mining equipment market in Asia Pacific is expected to grow at a faster pace in the coming years. VG Sakthikumar elaborates more on the trend and Schwing Stetter's solutions for the mining industry.

Bauma CTT Russia 2018

For the first time under the new name bauma CTT Russia, the 19th international trade fair for construction equipment and technologies was held successfully during June 5-8 at the Crocus Expo IEC in Moscow, Russia, and surpassed the previous year's results in terms of visitor and exhibitor numbers.

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.

XCMG unveils 700t excavator

The first 700-ton hydraulic excavator from XCMG has rolled off the company's advanced assembly line in Xuzhou, China.

XCMG launches global loader operator competition in Kazakhstan

XCMG, the world?s leading construction machinery manufacturer, has kicked off its third global loader operator competition in Almaty, Kazakhstan. As many as18 operators from across the country competed by completing a series of tasks and precision manoeuvers on XCMG?s V Series platform loader.

XCMG unveils 700-tonne hydraulic excavator

The first 700-tonne hydraulic excavator from XCMG has rolled off the company?s advanced assembly line in Xuzhou, China. The successful development and production of the new XE7000E makes China the fourth country in the world to have the capability of producing 700-tonne excavators after Germany, Japan and the US.

1,000-1,500 more AWPs may be required by end of this year

Safety, productivity, and less downtime determine the usage of AWPs in a project. AWPs are not only a safety related equipment, but it also enhances the productivity and speed of the project, thus contributing to the profitability of one's business.

XCMG Aerial Work Platforms

Aerial work platform (AWP) comes from the product line of firefighting machinery of XCMG. With a small boundary dimension, wide working range, strong obstacle climbing ability, simple safe and reliable operation, AWP can be widely used in the construction, repair and maintenance of plant, firefighting industry, warehouses, airports, municipal engineering and in other facilities.

We will be launching 17 new products this year

The current construction equipment market in India is to grow at a rate of 25 per cent. Road, irrigation, ports, RMC, railways, metro rail, power (nuclear, thermal, solar, wind, hydro, gas based), real estate and other community buildings are the major demand drivers for our product line.

Making rapid strides

Motor graders have seen unprecedented growth in the past couple of years, which is expected to continue in the coming years as well with road projects continue to grow.

XCMG showcases innovation and quality at BICES 2017

XCMG is debuting a wide range of innovative new products and complete construction solutions at the 2017 International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment (BICES 2017) at the New Beijing International Exhibition Center in Beijing.

XCMG introduces amphibious excavator

The Chinese construction equipment major XCMG has launched its first amphibious excavator designed in China. The XE215S amphibious excavator is an innovative multi-purpose excavator designed for working on beach, soft soil and climatic environment.

XCMG China to set up mfg facility in India

XCMG China is partnering with Schwing Stetter India to set up a new facility in India with an investment of $150 million. This facility will manufacture construction and material handling machines. The company eyes substantial market share in the country and plans to export to neighbouring countries.

We are thankful to our customers for their blessings

The production of self-loading mixer has started over the past two months. The numbers are increasing rapidly as our customers have accepted the products. We do not want to miss this opportunity and we have to create a new facility quickly. Presently, managing their production within the existing factory is a big challenge.

Mtandt Adds Innovative Products

The Mtandt Group endured its qualitative growth path in 2016, despite of weakness and volatility in exchange rates, markets and an uncertain global economy.

Revs up to Start

BAUMA CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction machinery is being held for the fourth time from December 12 to 15, 2016 at the HUDA grounds in Gurgaon near Delhi.

Soaring SkyWARDS

XCMG?s New Ranges at Bauma 2016

XCMG held the global release of all-terrain crane XCA100_E, wheel loader LW1100KN and excavator XE35U and exhibited a total of nine signature products at Bauma 2016, including the rough terrain wheeled crane RT55E, loading machine LW800K and LW180K

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.

Post Budget Vibrations India: Sustained Growth

According to Macquarie, the growth momentum in the construction equipment (CE) segment has sustained in India, despite withdrawal of discounts and price increases. Also, purchases were being done primarily by first-time buyers.

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

CE Industry Buoyant at EXCON 2015

CII and ICEMA jointly showcased the CE industry at EXCON 2015, the 8th International Construction Equipment and Construction Technology Trade Fair, from 25-29 November 2015, at the BIEC grounds in Bengaluru

Providing Constructive Solutions

Currently representing 20 reputed construction equipment manufacturers around the world, SEPL plans to continue introducing new high-technology products in India. Salgaocar Engineers Pvt Ltd (SEPL) is one of the renowned distributors for marketing earthmoving, mining and construction equipment

Towering Tall

The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.

Safety in tower crane is of paramount importance

We have major projects of the World Tower, The Park and Trump in Worli, Mumbai, New Caffe Parade in Wadala, Mumbai and Palava 2 near Dombivli, Thane district where we use various types and capacities of tower cranes.

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.

Our marketshare has improved substantially in the last six months

When it comes to capacity, product range, manpower and servicing, we are quite comfortable and all geared for the upturn. For the past two years, the situation was really bad but we suddenly witnessed a spurt in demand; orders which used to take months and months for closure were getting finalised faster.

Schwing Stetter Unveils Five New Products

The new product launches strengthen Schwing Stetter?s expertise in concrete technology.Schwing Stetter India, a leading concrete construction equipment manufacturer in India, has unveiled five new products along with five new variants at Excon 2013, the seventh edition of South Asia?s biggest construction equipment event.