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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.

RAHSTA Forum sets the stage for groundbreaking discussions in roads infra

RAHSTA Forum 2024 on August 30 at Hotel Sahara Star paves the way for RAHSTA Expo 2024.

RAHSTA Forum sets the stage for groundbreaking discussions in roads infra

RAHSTA Forum sparks groundbreaking discussions on road infrastructure innovation

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

All our equipment sales crossed all previous benchmarks

Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.

Tackling Supply and Quality Concerns in CE Rentals

As demand surges, particularly driven by infrastructure developments in regions like Asia-Pacific, stakeholders face pressing issues ranging from availability mismatches to concerns over maintenance standards.

Limited market awareness hinders rental service penetration

Mukesh Sharma, Country Manager, Atlas Copco Specialty Rental Division in India, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Indian rental companies are increasingly embracing digitisation

Satin Sachdeva, Founder & Secretary General, Construction Equipment Rental Association, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Road construction leaders launch RAHSTA Expo 2024 in Delhi

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - Indiaâ€™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 showcase cutting-edge road construction tech, says NCC Director

RAHSTA will drive road construction innovation: Sundaresan

Trimble MD champions digital solutions for industry growth at RAHSTA

Vipin Sondhi: Indian infra booms with road construction opportunities

RK Pandey promotes safe road development at RAHSTA launch

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

Road construction leaders launch RAHSTA Expo 2024 in Delhi

CASE India inaugurates new dealership in Jaipur

CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur.

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.

Renting equipment: What to do and what not to

CW identifies common pain-points associated with renting construction equipment, and asks industry leaders for ways around them.

Safety at New Heights

Mobile cranes are relatively easier to operate, manoeuvre, and optimise. However, they are highly prone to accidents.

Pushing new boundaries

As the market for excavators experiences increased demand, OEMs are innovating by introducing new features aimed at enhancing both the efficiency and productivity of these machines.

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

Infra development is a primary growth driver of Indian economy

In this exclusive interaction, Bhupinder Singh, CEO, Messe Muenchen India, elaborates on the companyâ€™s partnership with the Gujarat Contractors Association (GCA) and K and D Communication to launch the inaugural edition of Gujarat CONEX 2023, which will be held from 21-23 September 2023 at the Helipad Exhibition Centre, Gandhinagar, Gujarat.

Embracing the Rental Revolution

Rental penetration is a bit low in the mining equipment industry, but it is increasing on YOY basis due to awareness and availability of latest mining equipment.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

CICEE 2023 gets tremendous response from Indian CE rental industry

CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

The Rise of Equipment Rental

The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.

How to make construction S.Af.E.R?

The theme S.Af.E.R. stands for -- S: Sustainability; Af: Alternative Fuels; E: Electrification; and R: Rentals. The underlying premise of the theme is that integrating energy-efficient equipment and energy-saving technology in sustainable development initiatives can drastically cut energy use and harmful emissions.

Infra demand boosting rental market

The equipment rental market provides construction companies with access to the latest equipment and technology.

Towards a â€œGreener Futureâ€ together

Developing businesses are treating â€œsustainabilityâ€ as the crucial goal of their method and operations to escalate growth and to compete in the global market.

Sustainability at the Forefront

Going forward, product innovations will be at the core of Ammannâ€™s sustainability efforts

Infra Push Drives Demand

The rise in infrastructure projects will only see an increase in demand for attachments for construction equipment.

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

Rent or lease – what’s the best option

Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

There is a surge in rental demand for AWP and MHE

Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment

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.

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.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

Sachdeva of CERA: Earthmoving equipment is staple of construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member of Global Rental Alliance (GRA), speaks on rental market scenario in earthmoving equipment industry.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS will have a new commercial director from 1 November 2021. Christophe Sanchez is succeeding Martin Schickel at the helm of the historic Liebherr site in France. Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

Sachdeva of CERA: Mobile cranes with latest tech will be in demand

Interview with Satin Sachdeva, Founder & Secretary General, CERA

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

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.

Success with Hy-Brid Lifts’ PS-1930 non-folding rails

Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930, leading to an increase in unit rentals.

Hy-Brid Lifts’ PS-1930 non-folding rails

Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930

Equipment Finders expands fleet with new push-around scissor lifts

Equipment Finders Inc. (EFI), a Nashville-based construction equipment rental centre, has expanded its product offering by introducing a fleet of push-around scissor lifts from Hy-Brid Lifts.

Equipment Finders expands fleet with new push-around scissor lifts

Equipment Finders Inc. (EFI), a Nashville-based construction equipment rental centre, has expanded its product offering by introducing a fleet of push-around scissor lifts from Hy-Brid Lifts.

Govt takes note of CERA?s demands

The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services

Mobilising Growth

Rentals Imperative for Growth

Satin Sachdeva, Founder and Secretary General, Construction Equipment Rental Association (CERA) elaborates on the importance of rental market in the growth of construction equipment industry.

Transforming Skill Landscape

Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.

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 CONEXPO INDIA 2018

The fifth edition of bauma CONEXPO INDIA is expected to be bigger in number of exhibitors and exhibiting area, compared to last edition.

"Rental companies are backbone of Indian CE market"

For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.

CHALLENGES and NEW Opportunities

The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.

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.

Potain cranes to work on South Korean LNG terminal

South Korean construction equipment rental company Sunheung Corporate has supplied three Potain MC 310 K12 cranes to work on a liquefied natural gas (LNG) tank at the Boryeong LNG Terminal. Located inside the Yeongbo Industrial Zone in Boryeong, the terminal is co-owned by SK E&S and GS Energy.

Industry?s Take

In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.

German CE sector grows

Turnover achieved by German manufacturers of construction equipment in 2014 grew by eight per cent, equaling ?8.4 billion in total, and, with this, is higher than was originally expected. This amount is about the same as was reached in 2006.

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