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Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
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Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
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India’s CE market is growing rapidly due to urbanisation
KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.
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Building Strong Foundation
The increasing number of construction projects is driving a surge in demand for piling, drilling, and deep foundation equipment.
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We are also growing in the concrete pump segment
KYB Conmat, with over 13 years of experience in the industry, is one of India’s leading manufacturers of concrete equipment and holds a top three position in most segments, including batching plants, paving machines, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President – Marketing, KYB Conmat, speaks on how his company is hearing up for Excon 2023.
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Bringing the CE industry together
As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.
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Building a strong foundation
As India’s infrastructure modernisation drive gathers steam, there is a concomitant rise in demand for foundation equipment across the spectrum.
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Towering Ahead!
The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.
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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.
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Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
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Laying a strong foundation
The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.
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The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
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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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Tower Cranes in Tough Times
: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.
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New Opportunities
Upcoming infrastructure projects in metro rail, bridges, railway and irrigation are going to drive the demand for foundation equipment in the coming years, writes Karan Chechi.
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The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
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Increased footfall of customers boosts the confidence of the OEMs
A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.
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Towering opportunities
Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.
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CPM insurance in CE
India's economy is big and is getting bigger. The construction industry is the second largest industry in India after agriculture.
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All set to meet infra growth demand
Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.
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Technology to drive INFRA growth
Infrastructure 2.0 is a movement to address issues with today's core network infrastructure in a customer's construction site to address the dynamic, automated nature of operation models like cloud computing, data center visualisation, IoT and usage of drones to keep site operations safe, secure, highly productive and efficiently managed.
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Digital Transformation of Manufacturing
A world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, Dassault SystFmes commenced its first 'Manufacturing in the Age of Experience' event in India.
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CE Sector to Grow
Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.
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Moving Ahead
The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.
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CE industry is to grow in the long term at a CAGR of 17.5%
The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.
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M-sand to Drive Growth
Sand is mixed with cement and water in measured quantity to produce concrete. These sand particles should be hard and inert with respect to cement. Due to huge silt deposition in riverbed and continuous mining of riverbed for sand,
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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