ERP cloud solutions in equipment manufacturing

ERP cloud solutions offer a comprehensive suite of functionalities designed to streamline manufacturing operations, from order management and production planning to inventory optimisation and quality control.

Highways to Progress

India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements, and sustainability initiatives, driving economic growth and setting global standards.

Vipin Sondhi: Indian infra booms with road construction opportunities

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - India’s biggest road exhibition - will be held as a part 10th India Construction Festival 2024 at Jio Convention Centre, Mumbai, from October 9-10, 2024.

Construction 2.0

How AI is Reshaping Construction Equipment!

Construction 2.0

How AI is Reshaping Construction Equipment!

Advancing Indian Construction with AI

With AI, construction equipment can do more than ever before. They can also do some tasks on their own, which saves time and makes things safer on construction sites.

Machines Made Smarter

Construction equipment equipped with AI can detect the presence of objects or workers in its vicinity and automatically adjust its operations to ensure safety.

Transforming pre-owned CE industry

In the used construction equipment industry, CRM plays a pivotal role in fostering lasting relationships with clients and optimising business processes.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Breaking New Ground

Excon showcased the latest in construction technology, reflecting India’s commitment to revolutionising the industry and establishing itself as a global leader in machinery innovation.

The Indian CE industry crossed 1,00,000-unit sales in 2022-2023

Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery, speaks on the growing market for construction equipment in India.

Driving Technological Revolution

With more than 1,200 exhibitors from India and abroad, Excon will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies.

CII targets over 15% YoY growth in next 5 years

The event witnessed the participation of leading names from the industry, government, and stakeholders from the infrastructure and construction equipment sector.

Madhya Pradesh invites tenders for auctioning 51 mineral blocks

In an effort to enhance India's self-reliance in strategic resources, the government of Madhya Pradesh has issued a notice inviting tenders (NIT) for the auction of 51 mineral blocks.

Five Best Systems for Effective Fleet Management

While selecting the right fleet management system, it is crucial to evaluate the features of various platforms and select the option that is best suited to addressing the needs of your organisation.

Geology and Reserves of Indian Coal

India ranks second amongst the coal producing countries of the world in terms of annual coal production. However, in respect of coal resources, it is endowed with less than 1 per cent of world coal resources.

NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

Going forward, digital technology will play a key role

Deepak Shetty, CEO and Managing Director, JCB India, speaks on the key demand drivers for backhoe loaders in India, and its dealership and product service

Automation at the Forefront

Companies use automated material handling equipment because it increases productivity and reduces waste, which results in significant cost savings.

Going forward, digital technology will play a key role

Deepak Shetty, CEO and Managing Director, JCB India, speaks on the key demand drivers for backhoe loaders in India, and its dealership and product service.

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.

We are keen to showcase our readiness in building the India of tomorrow

BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.

Timken India to start making CRBs, SRBs locally at Bharuch

Timken India plans to set up a new facility at Bharuch in Gujarat to manufacture spherical roller bearings (SRBs) cylindrical roller bearings (CRBs) and other components.

Timken India to start making CRBs, SRBs locally at Bharuch

Timken India plans to set up a new facility at Bharuch in Gujarat to manufacture spherical roller bearings (SRBs) cylindrical roller bearings (CRBs) and other components.

Demand for reliable material handling products is fast growing

Deepak Shetty of JCB India speaks on the market for telehandlers in India

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

JCB’s thrust on digital technologies

Excon 2021 is indeed going to be the first major exhibition for the construction equipment industry, post-pandemic, hence, expectations are high. There is likely to be an even greater active participation by the industry than what we have seen in the past editions.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

Budget 2022 and a big infra push

The union budget can be termed as a growth-oriented one, with the government focusing strongly on world-class infrastructure development.

Booster shot for infrastructure sector!

The Budget seems to be focused on high impact areas and accelerating the capital expenditure cycle.

What new construction equipment will 2022 bring?

The outlook on India’s construction equipment sector is optimistic since the country’s needs for infrastructure will continue to grow massively.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

BRO Lt Gen Rajeev Chaudhry is CW Man of the Year - Public Sector

Lt Gen Chaudhry was awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Keeping up with industry trends

Despite slowdown in the automotive industry, all the leading manufacturers of tippers and trucks have transitioned to BS-VI emission standards.

Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.

We have pioneered integration of digital tech in our machines

As the Indian market matures, global best practices are making their way into the Indian material handling industry. There is an increased focus on safety and productivity on work sites which presents us with the opportunity of introducing products with the latest and state-of-the-art technology in India.

We expect the demand to grow for hydraulic excavators

Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro

We expect the market for hydraulic excavators to grow by 20%

The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.

Jindal Stainless to airlift liquid medical oxygen from Odisha unit

The first batch of 14.79 MT of LMO will be dispatched tonight from the Odisha facility. The allocation of the LMO will be according to the demand from various hospitals.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Mahindra Group Appoints Manoj Bhat as Group CFO

Mahindra & Mahindra announced the appointment of Manoj Bhat as the Group Chief Financial Officer with effect from 2nd April 2021. Dr Anish Shah the current Deputy Managing Director and Group CFO of the Mahindra Group will assume the role of Managing Director and Chief Executive Officer from 2nd April 2021. Manoj Bhat will report to Dr. Anish Shah and will be a part of the Group Corporate Office Leadership Team.

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

Rural infra, healthcare to drive demand for CE

The construction equipment industry sees two emerging categories—infrastructure development in rural India and the creation of a strong healthcare system—as growth drivers in the coming years, even as the industry sees green shoots with the revival of infrastructure projects.

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Mining reforms have brought the confidence back

Souma Ray, Director, Haulotte India shares his thoughts on the AWP market outlook and the company’s activities.

Structural reforms in mining sector to realise its true potential: Pralhad Joshi

The proposed changes in mining sector to increase private sector participation

Mining opportunities and challenges

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

Contractors are increasingly using machine control technologies

Samip Desai, Director, Moba Mobile Automation (India), talks on the growing importance of control technologies and solutions offered by the company.

L&T completes divestment of E&A business to Schneider Electric

Larsen & Toubro (L&T) announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric.

We are leveraging digital technology in our products and services: Jasmeet Singh

JCB has pioneered the integration of digital technology in its ‘Intelli’ series of construction equipment. Jasmeet Singh, AVP, Corporate Communications & Corporate Relations, JCB India, shares more.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.

Coal Ministry initiatives to improve mining efficiency

The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector

Budget cuts by states to adversely affect construction contractors: ICRA

The overall capex budgeted by states for FY2021 is likely to witness steep cut.

Indian CE Market Overview

In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

Mahindra sells 22,329 tractors in India in January 2020

Mahindra & Mahindra's Farm Equipment Sector (FES) announced its tractor sales numbers for January 2020.

Our crawler cranes are loaded with safety features

Action Construction Equipment (ACE) offers customers all the options in crawler cranes like the standard machine for lifting and erection jobs or with features of single/double-line free fall for usage in the piling activity.

Banking on Policy Support

Crawler cranes market is looking for a revival after a sluggish performance over the last few years. The market will rely on the budget proposals for the National Infrastructure Pipeline for the coming years.

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

National Infrastructure Pipeline Gets Set to Flow

The Union Budget 2020-21 heralds the roadmap for investing Rs 103 trillion in the next five years.

Budget 2020: Key takeaways for infrastructure

Tax concessions extended to sovereign and pension funds will go a long way in attracting long term financing solutions for infrastructure sector, says Sandeep Upadhyay, Managing Director ? Infrastructure, Centrum Capital.

Mahindra sells 22,329 tractors in India in January 2020

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for January 2020. Domestic sales in January 2020 were at 22,329 units, as against 20,948 units during January 2019.

Gaining Momentum

Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

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.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

On Sustainable Growth

Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.

REJIG for the big

Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.

Good transshipment facilities will drive port sector growth

In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.

Srei to augment infra and equipment finance businesses

Srei Infrastructure Finance announced its decision to augment the capital of both its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further.

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.

"Mining equipment industry is on a high-growth trajectory"

Caterpillar products and services are designed to meet the high production and low cost per tonne demands of the industry.

Setting New Standards

Ports of Opportunities

Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.

We plan to invest Close ?40 million in India

Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.

Mines Ministry reviewing NITI Aayog suggestions

The Ministry of Mines is contemplating on and is willing to adopt the method suggested by NITI Aayog CEO, Amitabh Kant regarding major policy changes to allocation and operation of mines in the country, Union Minister Narendra Singh Tomar said at an ASSOCHAM event held in New Delhi.

bC Expo India sees positive vibes in CE sector

The construction equipment (CE) market in India is booming. Industry outlook for CE sector is promising and growing due to many infrastructure projects initiated by the Government of India. Roads and irrigation sectors are driving the demand for CE sector.

Optimum space utilisation

Heavy-duty motorised racking solution offered by Kompress (India) helped its client from pharmaceutical business to use maximum space to store a large number of pallets in controlled atmosphere.

Equipment insurance sector will continue to grow

Considering the current scenario of infrastructure developments, there isa substantial growth potential in equipment insurance.

Paving to perfection

Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.

Indian CE Market: AN Overview

Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

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.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Infrastructure Revival to Push CE Growth

The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.

Mahindra tractor sales post 39 per cent growth in February 2018

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for February 2018. Domestic sales in February 2018 were at 19,280 units, as against 13,834 units during February 2017, posting a growth of 39 per cent. Total tractor sales (domestic and exports) during February 2018 were at 20,483 units, as against 15,007 units for the same period last year. Exports for the month stood at 1,203 ??units.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

EQUIPMENT INDIA Awards & CEO Forum 2018

After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the Equipment India Awards.

Budget Boost

Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

Excon is An ideal platform to connect with customers

Roads and Highways sector has been and continues to be one of the major drivers for the ECE industry. Other sectors such as Railways, Airports, Inland Waterways etc are also integral in driving the growth.

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.

We are in tune with the value sensitivity of Indian customer

Our market is highly correlated to overall infrastructure development which is seeing considerable improvement in the overall ecosystem, from bidding procedures to financing, public sector fund allocations and so forth.

On A moderate growth

Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.