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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.
We have a positive outlook on future of power transmissions products
We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.
Snapshot of L&T's Q3FY2021-22 results
Larsen & Toubro Q3 consolidated revenue recorded growth of 11% at Rs 39,563 cr
Delhi Mumbai expressway SPV gets ‘AAA’ rating
The National Highways Authority of India’s (NHAI) fully-owned special purpose vehicle (SPV), DME Developers (DMEL), has received AAA rating from CRISIL, CARE and India Ratings. The SPV is executing the Delhi-Mumbai expressway project.
Bounce back
Construction equipment finance has bounced back after the pandemic-forced lull.
Delhi Mumbai expressway SPV gets ‘AAA’ rating
The National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV), DME Developers Ltd. (DMEL), has received AAA rating from CRISIL, CARE and India Rating.
MCE market to witness volume growth in CY2021
Roads and highway projects and rural development to drive growth.
Budget cuts by states to adversely affect construction contractors: ICRA
The overall capex budgeted by states for FY2021 is likely to witness steep cut.
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.
Technology leads
Attachments make a machine versatile to function multiple jobs at a project site which otherwise need different machines to do these jobs. Banking on one equipment to do multiple jobs with various attachments make the whole process faster and economical.
Looking for new growth avenues
The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.
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.
Accessing Heights, Safely
As the access equipment industry matures in India and users become more aware on the advantages of using such equipment over conventional practices of working at heights, the rental sector in India is poised for a very bright and promising future.
Government should encourage young and small entrepreneurs
We are a service-oriented company with sales, services and overhauling of various engines, transmissions, cranes and other heavy equipment. We are pioneers in sourcing hard-to-get parts and provide solutions to various issues pertaining to their machines.
A Fresh Lease of Life
Crushers and screens address the supply requirements of the core infrastructure raw material inputs. The de-growth in the mining sector and the prevailing slowdown in the road sector has had a negative impact on the crushers and screens equipment (CS&E) segment. Like in many other equipment segments, the original equipment manufacturers in CS&E also have been busy with upgradation of existing range and new launches. The recent lifting of the ban on iron ore mining by the Supreme Court is expecte
Ashoka installs greenest asphalt plant
Ashoka Buildcon's continued commitment to building a sustainable future for India is reflected in its recent move. The Chief Executive Officer and Group President of ISC, Tony Wilde states, ?Ashoka Buildcon and other large organisations in India