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Road construction leaders launch RAHSTA Expo 2024 in Delhi

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.

RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI

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.

Artificial Intelligence driving sustainability

Adaptation and innovation are extremely important to the manufacturing industry. This development should lead to sustainable manufacturing using new technologies.

CASE announces 60-day extension of warranty on all CE

CASE Construction Equipment announced a 60-day warranty extension on all construction equipment in light of the second wave of the COVID 19 pandemic in the country. This extension is applicable on all such units whose warranty is expiring between May 1, 2021 and June 30, 2021.

Capital Goods Skill Council endorses Jindal Stainless

Jindal Stainless has received endorsement from Capital Goods Skill Council (CGSC), a Government of India initiative, for creating a vibrant eco-system for quality training and skill development.

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.

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.

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.

Indian market has a great growth potential

Founded as Racine Threshing Machine Works in the mid-western US in 1842, CASE Construction Equipment today operates as a subsidiary of CNH Industrial.

Vivek Bhatia is new MD and CEO of thyssenkrupp Industries India

thyssenkrupp announced the appointment of Vivek Bhatia as Managing Director and Chief Executive Officer of thyssenkrupp Industries India effective from January 1, 2019.

Getting back on track

The verdict is out! GDP growth at 7.7 per cent is the highest in nine quarters. Construction growth at 11.5 per cent, manufacturing at 9 per cent apart from agriculture have been positive contributors.

CNH Industrial ranked among world?s most sustainable companies

CNH Industrial is the Industry Leader in Machinery and Electrical Equipment in the Dow Jones Sustainability Indices (DJSI), World and Europe, for the seventh consecutive year. The company has also been named Industry Group Leader in Capital Goods for the second time.

We continue to introduce technologically advanced products in India, which promises great opportunity and significant growth in 2017

We are launching globally renowned CASE Crawler Dozers in India with three new models ? 1150L, 1650L and 2050M in the 13 T, 18 T and 20 T operating weight range powered with FPT Industrial engine, significant for the roads and mining sector.

DHI to launch Industry 4.0 at WIN INDIA 2016

The Department of Heavy Industry (DHI), Government of India, and WIN INDIA announced their continued partnership to work jointly towards promoting India?s high tech engineering and capital goods manufacturing industry as a part of Government of India?s ?Make In India?campaign.

DHI to launch Industry 4.0 at WIN INDIA 2016

The Department of Heavy Industry (DHI), Government of India, and WIN INDIA announced their continued partnership to work jointly towards promoting India?s high tech engineering and capital goods manufacturing industry as a part of Government of India?s ?Make In India? campaign.

National Capital Goods Policy 2016

The National Capital Goods Policy 2016 has been the talking point for some time now. It is a policy that is not short on intent. It is conclusive but not entirely comprehensive. Some critical elements have been surprisingly left out.

National Capital Goods Policy gets approval

The Union Cabinet has given its approval for National Capital Goods Policy. This is first-ever policy for capital goods sector with a clear objective of increasing production of capital goods from Rs 2,30,000 crore in 2014-15 to Rs 7,50,000 crore in 2025

We expect a CAGR of 10 per cent during 2016-2020 in material handling sector

With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.

Material Handling: Meteoric Rise

Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.

Innovations by L&T

Since its entry into the construction and mining equipment industry in India, Larsen & Toubro has made rapid strides to become one of the leading companies in the industry with its products and innovations. Arvind Garg elaborates.

Make In India Week

Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.

Power Tools Evolving

Efficiency, safety and productivity are the three major factors that drive the demand for power tools infuture. Major players in the industry are engaged in the development and introduction of innovative products

WIN India 2015 to be held in New Delhi

Hannover Milano Fairs India announced the partnership between Department of Heavy Industries and WIN India 2015

Expanding horizons

Saeesh Nevrekar has been appointed as Director - Sales and Service for Terex Cranes in India. He is responsible for the sales and service of the mobile crane business for Terex in India, Bangladesh, Sri Lanka, Bhutan and Nepal.

Positive Indicators

Indicators are hinting that the economic momentum is back in India. The Index of Industrial Production shows capital goods output rose 11 per cent in April and slow moving projects are reviving.

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.

Our dock levelers come with the most secure safety features.

All our products are designed and manufactured along with German collaboration using innovative and creative engineering technology, says Samir Gandhi, Director, Gandhi Automations. Excerpts from the interview

Budget bites

The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.

Constant value engineering makes TIL the most competitive in the cost-vs-value equation

Introduction of the TIL-Astec range of equipment in track plants, wheeled plants, stationary plants and the manufactured sand segment in India has set a new benchmark in terms of technology, capacity, performance and total cost of ownership,

More Needs To Be Done

The interim Budget presented recently has some positive measures for the construction equipment sector, with the highlight being the two per cent excise duty reduction on capital goods. Industry captains react.We as part of the construction equipment industry, are happy with the cuts announced by the Finance Minister. This will certainly help this important industry to build infrastructure, which has been down by over 30 per cent over the last couple of years. However, I feel that, given the

CE industry hails duty cut

The construction equipment (CE) industry hailed the two per cent cut in excise duty announced by Finance Minister P Chidambaram in the interim budget. However, the industry said a 4 per cent reduction in the duty would have been more apt given the size and importance of the segment. The Indian Construction Equipment Manufacturers Association (iCEMA) said the move would certainly help this important industry that helps build infrastructure and is down by over 30 per cent in the last couple of y

A harmonious manager

Nitin Jajal is a seasoned professional with over 23 years of experience in marketing and sales, business development, international sales and marketing

New global leader in capital goods

CNH Industrial, a new industrial group has been created from the merger of Fiat Industrial and CNH Global.

Fiat Industrial & CNG Global merges

The stock market debut of CNH Industrial heralds the launch of a solid, major industrial enterprise; a global leader in capital goods, uniting CNH's agricultural and construction equipment operations with Iveco trucks, commercial and specialty vehicles and FPT Industrial's broad portfolio of powertrain applications.

NTPC's plant revival plan is to boost equipment sector

National Thermal Power Corporation's (NTPC) plan to spend around Rs 9,600 crore to revive its old power plants might help revive the ailing power equipment sector as well. NTPC plans to improve the falling plant load factors (PLFs) of seven power plants that are more than 25 years old.

The Budget's impact

Industry captains analyse the Budget's implications on the CE sector. According to Vipin Sondhi, Managing Director & CEO, JCB India, the Finance Minister has rolled out a well-balanced and realistic Budget.

Hits & misses

Even though the recent Budget left much to be desired, the initiatives announced in it and the measures taken outside it, together are expected to boost the demand for construction equipment (CE). To our surprise, the Budget was non-committal on the reduction of import duty for critical equipment and machinery.

Engineering growth

A mechanical engineer from the Karnataka Regional Engineering College, Anil Bhatia has over 27 years of experience in sales, business development, export, product development, international sales and marketing,

Market-driving

With over 20 years of industrial experience working with capital goods in the energy and environment space, V Radhakrishnan, Country Head, Aggreko India.

Ban(e) or Boon

The government has finally woken up to the fact that the unbridled import of used equipment has been eroding the competitiveness of the manufacturing sector and so, have decided to ban import of machinery more than five years old.

Lack of a regulatory body for safety norms is a concern

The industry is definitely getting more customer oriented, states Tushar Mehendale, Managing Director, ElectroMech. In an exclusive interview with Equipment India Mehendale spills the details about changing customer preferences and the challenges the industry faces.

A complex growth pattern

Till date, leasing has not been not more than one per cent of the total equipment finance market. However, with the clarity coming about taxation related to leasing and a direct tax code coming up, there is a huge opportunity of revival of this product in the coming years.

Mobile Cranes: Towards Sustainable Growth

The growth potential for lifting, loading and handling solutions is huge and continuously increasing, as India propels itself for a sustainable nine per cent plus per annum economic growth.

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