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Gujarat: One-stop destination for CE players

Gujarat Conex 2023, which will be held from September 21-23, 2023 in Gandhinagar, will be a meeting place for major industry players and policymakers to deliberate on furthering infrastructure growth in Gujarat and India.

Ashok Leyland bags Rs 800 crore defense order

Ashok Leyland one of the main suppliers of logistical vehicles to the Indian Army has received a military sector order worth Rs 8 billion.

ELGi Sauer opens new manufacturing plant in Coimbatore

ELGI Sauer Compressors, the joint venture between Elgi Equipments and the German-based Sauer Compressors Group, expanded operations by opening a new manufacturing facility in Kallappalayam, Coimbatore, Tamil Nadu.

Battery vehicles are now trending in the market

Today India is one of the fastest-growing economies – power consumption and steel are prime indicators of growth, and are having a northward trend hence the demand for minerals and metals both are growing in India.

Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE

The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

AJAX Engineering plays an important role in building modern India by truly being an Atmanirbhar Bharat company.

“With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the “Atmanirbhar Bharat” initiative and create employment opportunities in the country.” Mr. Jagadish Bhat, MD & CEO, AJAX Engineering.

AJAX plays an important role in building modern India

With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements.

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.

In 2022, the market for hydraulic excavators may touch 25,000 units

Last year, the excavator market touched 18,000 units. The start of last year was good. Later on the numbers dipped due to Covid-19 pandemic. However from September onwards, the market picked up.

Mini Machines, Maximum Demand

The demand for compact equipment from urban projects is expected to continue.

Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

Intelligent compaction!

Intelligent compaction rollers are equipped with technology that processes compaction data in real time for the roller operator.

Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

Ajax Engg gears up for Atmanirbharta

The leading SLCM manufacturer says it is investing Rs 140 crore to help in its plan to diversify its construction to roads, railways, energy, and irrigation.

L&T bags NHRbeML appoints new Director (rail & Metro business)CL contract Safety norms for CEVs Safety norms for CEVs

Amit Banerjee has been appointed as Director (Rail & Metro Business) and Member on the Board of BEML.

BEML appoints Amit Banerjee as new Director (Rail & Metro Business)

Amit Banerjee has been appointed as Director (Rail & Metro Business) and Member on the Board of BEML.

Wheel Loaders: Loaded with Opportunities

Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.

Kubota to invest in Escorts, to deepen partnership

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake in Escorts, a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

KION india opens new facility in Pune

Supporting the government's Make in India initiative, KION opened India's largest material handling equipment facility in Pune

India is A strategically important market for Doosan Bobcat

With the inauguration of its first manufacturing facility in India, Doosan Bobcat has paved its way for manufacturing in India.

We are mindful of modernising our capabilities

With four facilities for manufacturing hose assemblies, tube assemblies, hose fittings, adapters and fabricated parts Uniflex looks forward to further modernize and expand its facilities.

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18.

MTU engines to be assembled in India

Rolls Royce and Garden Reach Shipbuilders & Engineers Ltd (GRSE) have agreed for the final assembly of MTU Series 4000 engines in India. The 12V and 16V 4000 M90 type engines will be assembled in GRSE?s diesel engine plant in Ranchi. An option for the local production of parts in the future was also agreed.

Rolling On Smoothly

Bearings are an integral part of equipment which increase efficiency by reducing friction, while maintaining the operational requirements. In this fast moving age of industrialisation, efficiency is the key to success. Construction equipment operates in very demanding environments

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.

Waking up to New Demand

The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.

Annual demand for industrial cranes should touch 12,000 by 2015

Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.

Annual demand for industrial cranes should touch 12,000 by 2015

Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.

Expanding Horizons

Shah Brothers has grown from a family business to expand into various industrial segments over the years. IN 1957, two brothers, Ratilal Shah and Shantilal Shah, started their own firm, Shah Brothers

We offer customised and modular innovative access system solutions.

We always think out of the box and provide innovative, cost-effective solutions for architectural challenges, says Siraj Dalvi, Managing Director, Simple Engineering Solutions. Excerpts from the interview

Our tools help achieve high level of surface finish.

As a part of India?s growth story, the components sector continues to strengthen itself. An important contributor to India?s GDP, the component industry in India is spreading its reach in the domestic as well as the export markets.

Achieving Cost Efficiency

Cost efficiency is not only achieved through cleaner engines, but also through optimising the man-machine interface with a variety of machine control technologies, 'correcting' the usage patterns, and packaging solutions that take care of clients' business needs around project costs.

The demand for TBMs has been consistently increasing.

In the first project for the Delhi Metro they used only two tunnel boring machines (TBMs), whereas in Phase 3, there are around 25 boring machines on the job, says Kapil Bhatti, Managing Director, Robbins Tunneling and Trenchless Technology India. Excerpts from the interview.

50,000th JCB Engine

JCB India has rolled out its 50,000th JCB engine at its Ballabgarh facility in India. In 2011, JCB launched its first domestically built world-class, fuel-efficient, state-of-the-art, BSIII, 16- valve diesel engine which is high in fuel efficiency.

We are opening up a new greenfield facility only for batching plants

We want to be known as a complete concrete equipment solution provider; our target is to be among the top three players in India. We've quite a long way to go, and we need to widen our product range. Everything we do is pointed in that direction. Over the next years

Earthmoving Equipment

Owing to the overall slowdown in the Indian economy, the current fiscal year has been bit sluggish for the construction equipment industry. The industry will gain momentum if the government starts implementing the delayed projects and carries out active review and monitoring to ensure timely completion.

We provide innovative solutions for architectural challenges

If a project needs to be completed in time, efficient access equipment/machine needs to be deployed, as early completion of project will bring down the overall cost. There is an urgent need of legislation or some kind of Bureau of Indian Standard (BIS) certification, says Siraj Dalvi, Managing Director, Simple Engineering Solutions. Excerpts from the interview.

We aim to increase asset size by 65 per cent over the previous year

Fastest response time, large distribution and collection net?work coupled with high risk appetite and complete geographic, customer and asset classes' inclusion gives as an edge over competition in retail segment financing, says Pratap Paode, Chief Executive Officer, SEFC.

India is a strategic market for Sandvik Mining

Sandvik Mining is a leading global supplier of equipment and tools, service and technical solution for the mining industry. At Sandvik Mining, our entire focus and strategy revolves around safety, productivity and reliability, says Soumitra Banerjee, President, Sandvik Mining, India.

In crushers, we want to be amongst the top three in the world

We have forayed into surface mining and coal related equipment, and we are very much on target in terms of the port equipment that we will launch shortly. We will definitely get into ship unloading and loading. We will also go into higher value products, says Abhijeet Pai, Managing Director, Puzzolana Fabricators. Excerpts from the interview.

We have one of the best productivity and fuel consumption figures in the industry

In the global excavator markets today, Hyundai is positioned at Number 5. There are about 11 developing countries and emerging markets where Hyundai holds the largest market share, like Russia, Brazil and some African nations, where Hyundai controls a market share of 44 per cent, says Dheeraj Panda, Head - Marketing & KAM, Hyundai Construction Equipment India

We shall nearly double our net profit and increase asset size by 65% this year

We are certainly one of the largest FTU segment financers in the CE industry and nearly 65 per cent of our book holds FTU and small customers. This originates from our parent company's philosophy of empowering small customers and entrepreneurs, says Pratap Paode, Chief Executive Officer, Shriram Equipment Finance Company.

Waiting for action

The infrastructure segment and sales figures for construction equipment have witnessed a major slowdown in 2012. On a calendar year basis, the market has dipped by 10-15 per cent, primarily on account of slowdown in allocation of new contracts, various statutory clearances on execution side, funds flow, governance and environmental issues in mining segment and real estate slowdown.

Who's afraid of China?

A few months ago, the talk of the town was the acquisition of Putzmeister by Sany Heavy Industry, a move that was made amidst much secrecy.

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.

We will be introducing more machines locally in the near future

We offer a very comprehensive range of excavators in India from 14 to 85 tonne. These are extremely environment friendly, Tier III machines, with possibly the best fuel average and high production,

KBL Director honoured

Ramesh Srivastava, Director, Kirloskar Brothers (KBL),a global fluid management company, is honoured with the "Power Persona of the Year Award for Individual Excellence in the ?HYDRO POWER' section at the prestigious Enertia Awards 2011.

We are looking at tripling our turnover in the next five years

Cost reduction and indigenisation, with a view to make the product as affordable as possible to the custo?mers, is the key focus for us, says Anand Sundaresan, Chief Executive Officer, Sch?wing Stetter India.

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.

We understand the needs of OEM customers

New emission norms are certain to bring in changes in filtration requirements as tolerance levels are becoming finer, hence better contamination control is required for protection of engine components especially in air and fuel filtration,? says Manjit Prabhakar, Managing Director, Filtration Effects.

Clear Days Ahead

The Rs 500-crore industrial filter market is buoyant as the growth is definitely on an upward curve.

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