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There’s high demand for rental equipment across CEQ categories
Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment.
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Sany, Union Bank collaborate to provide financial support to its customer
To provide growth and opportunities across the country along with enhanced financial support to its customers
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Hardayal Prasad is new MD and CEO of Srei Infra Finance
Srei Infrastructure Finance (SIFL) is a financial institution providing a bouquet of services, which include construction and mining equipment finance, advisory and development solutions and insurance broking.
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Hardayal Prasad is new MD and CEO of Srei Infra Finance
Mr. Prasad is a seasoned senior banker with over 36 years of experience
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Fleet Management and AI!
Asset management helps to maximise the value of equipment over its lifespan by ensuring that it is properly maintained and used efficiently.
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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.
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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.
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The demand trend for earthmoving equipment is expected to remain positive
Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.
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BKT to launch two new ‘Made for India’ EARTHMAX tyres
Balkrishna Industries (BKT) the Indian multinational company and global player in the off-highway tyre market will be participating in the bauma CONEXPO India 2023. Armed with a strong R&D, BKT will be launching two tyres under the sub-brand EARTHMAX at the bauma CONEXPO INDIA.
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Sany Bharat signs MOU with Union Bank of India
The network of Union Bank will extend equipment finance to customers of Sany Bharat across the country
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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.
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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.
![](https://equipmentindia.com/uploadImage/cea09a735dbd1fdbc54b4f4eac0b6b23.jpg)
JCB India, Karnataka Bank tie-up for equipment financing business
The tie up arrangement with JCB India Ltd is expected to boost the lending avenues under the Bank’s MSME portfolio.
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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
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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.
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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.
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Earthmoving equipment is a staple of the construction industry
Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)
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Srei receives EoI for $250 mn capital infusion from international PE funds
Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
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Srei Equipment receives EoI for $250 mn capital infusion from international PE funds
The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
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Bounce back
Construction equipment finance has bounced back after the pandemic-forced lull.
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Srei forms Strategic Coordination Committee for raising fresh capital
The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.
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CNH Industrial certified as Great Place to Work
Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India.
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CNH Industrial certified as Great Place to Work for 2nd consecutive year
Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India. This is the second consecutive year of certification for the Company.
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Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
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Backhoe Loaders Bouncing Back
In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.
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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.
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Srei Equipment Finance, UCO Bank to co-lend through iQuippo platform
Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India?s premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.
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CNH Industrial India ranked with 2020 Great Place to Work
Great Place to Work?, the global authority in workplace culture assessment and recognition, has certified CNH Industrial India in its 2020 company ranking in India.
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Co-lending and leasing becomes the key tool this year
Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.
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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.
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The Eleventh Hour Is Here!
By 2025, the construction market in India is expected to emerge as the third-largest globally.
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Srei Equipment Finance and Bank of Baroda in strategic alliance
Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.
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Cash flow is paramount for sustaining equipment market growth
Sunbeam Infra Equipments (A Division of Sunbeam Generators) launched a trailer concrete pump of 50 cu m per hour capacity and mixer pump at bauma this year.
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CE finance outlook
Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.
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Equipment Pulse
With the construction equipment market is on a growth path, Equipment India explores the market scenario of construction equipment and allied products and services.
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Operator training is a necessity today
Wirtgen India revived its training school almost one-and-a-half years back to give training in its pavers range. Ramesh Palagiri, Managing Director & CEO, elaborates more on the company's views on skill development and the way forward.
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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.
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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).
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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.
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Back on Growth Path
Given its versatility and mobility, backhoe loader finds great use at almost every construction site, both urban and rural India. This multi-purpose machine continues to perform a variety of tasks at sites and is used for digging, dosing, levelling and lifting activities.
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Bauma is an important platform for the industry
Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.
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Graded Up
If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.
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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.
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Infra Development in North-East Region
Indian Construction Equipment Manufacturers? Association (ICEMA) organised a conference on Infrastructure Development in North East Region, concurrently with ConMac 2015 - an exhibition on construction equipment and technology at Guwahati.
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Hiring sector to regain top position in rental equipment purchase
Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.
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Dedicated infra financing vehicles are need of the hour
Eight months in office, the Central Government has done well to improve the business sentiment. Several measures aimed at easing the way of doing business have been taken. Things have started looking up for the infrastructure sector too.
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Integrated Load Handling Solutions
With a myriad of attachments, truck-mounted cranes have created niche applications segments with faster, safer and more productive solutions.Construction industry has been witnessing a shift towards using safer, more advanced technology, especially application-oriented equipment and machinery
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Execution is the Driving Mantra
The Union Budget 2014-15 is probably one of those Budgets post-independence, which has been analysed in an environment of high expectation, sub five per cent growth, double digit inflation and extensive knowledge communication through media
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Navigating through turbulent times
Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.