Budget 2024: Key highlights

Key highlights of Interim Budget 2024

Heavy Truck Chassis: Maximising Longevity

Construction equipment is the backbone of infrastructure development, and heavy machinery requires a long-lasting chassis to excel in harsh environments.

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.

There is a growing interest in electric wheel loaders

Amit Bansal, Director, Sales & Marketing, Building Constructions Products (BCP) Division, Caterpillar India, speaks on the technology and innovation that goes into the design and manufacturing of wheel loaders.

Wacker Neuson Introduces Compact ST27 Track Loader

Its the smallest model in its line of compact track loaders.

We are one of the front runners in embracing cutting-edge tech

Mukul Dixit, Director – Sales & Marketing, speaks on the role of technology in the motor grader industry, and how is Caterpillar leveraging this technology to benefit its customers.

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.

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Cat’s Lower-Cost, Fuel-Saving 966 GC Wheel Loader

A versatile machine for rental, municipal and general contractor markets, the new Cat 966 GC wheel loader is designed to reduce fuel consumption and keep operating costs down.

Volvo CE’s New Electric Compact Excavators and Wheel Loader

Contractors can now pre-order any of Volvo Construction Equipment’s newest electric machines: the L20 Electric compact wheel loader and the EC18 and ECR18 Electric compact excavators.

Doosan launches three Dash-7 wheel loaders for US

Doosan Group has launched the latest new models in bucket sizes from 2.6 cubic yards on the DL200-7 to 3.3 cubic yards on the DL250-7.

Bobcat’s new L65 & L85 compact wheel loaders

Bobcat’s latest entries into the compact wheel loader field include the L65 and L85 with standard bucket capacities of up to 1 cubic yard and a Z-bar front linkage.

What’s ahead in the construction equipment manufacturing sector

Edge Controller from B&R is a powerful factory automation solution that enables any industry to control and optimise the production process.

Fully loaded with opportunities

For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Curb Roller Manufacturing launches Eel Screed 6100

Curb Roller Manufacturing introduced the Eel Screed 6100, a corded roller screed designed for operator comfort and easy transportation. The innovative design of the Eel Screed 6100 allows contractors, rental customers and other operators to finish concrete screeding faster and more comfortably than alternate methods.

Towards better Mining

The measures announced by the government for mining industry are expected to have a positive impact in the coming years.

Curb Roller Manufacturing launches Eel Screed 6100

Curb Roller Manufacturing introduced the Eel Screed 6100, a corded roller screed designed for operator comfort and easy transportation.

JSPL bags iron ore block in Keonjhar

Jindal Steel and Power (JSPL) has bagged the Guali mine iron ore block in the ongoing auctions in Odisha with reserves of about 200 million tonnes (MT).

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

India Construction Festival - 2019

The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.

Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

Innovation is at the centre of bearing engineering

CCTY's research and development team is continually developing enhanced products and new materials for construction vehicles. Sanjay Tomar, General Manager, CCTY Bearing India, elaborates on the company's products and solutions for the industry.

Bigger Digger

Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.

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.

John Deere launches three L-Series utility wheel loaders

John Deere unveiled three L-Series utility wheel loaders - the 524L, 544L and 624L - that offer customers an intuitive solution, ideal for projects that require agility and versatility on the job site or farm.

CCTY Bearing completes 12,000 sq m forging factory

CCTY Bearing has expanded its forging capabilities with a new factory. In addition to more space for forging, the facility has onsite turning and heat treatment.

Productivity gains

Volvo fleet helps Melbourne aggregates company thrive, enhance productivity. The Burdett Group says using Volvo equipment has become a good habit as the company dramatically expanded its operations.

Rolling innovations

Bearings for construction and mining applications have seen innovative developments in the recent times. With the construction and mining equipment market is growing, the momentum of innovation in bearings is to pick up in the coming days.

ROLLING AHEAD

Bearings make an important component of a machine that enable a smooth movement of the machine parts. Most bearings facilitate the desired motion by minimising friction.

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.

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.

Advancements in Bearings for Construction Machinery

Construction machinery is characterised by its ability to perform in the harshest environments. Machinery such as excavators, dozers, compactors, cranes and dumpers have tremendously increased development capacity.

New SDLG backhoe loader in Middle East and Africa

SDLG has launched a new backhoe loader for the Middle Eastern and African markets, the SDLG B877F.

SDLG launches new backhoe loader in Middle East and Africa

SDLG has launched a new backhoe loader for the Middle Eastern and African markets, the SDLG B877F. Available as of October, this F-series, sideshift backhoe loader is half a tonne lighter than its predecessor, the B877, and features a new engine, greater cab space, and enhanced cooling capacity, as well as state-of-the-art loader linkage and other improvements, according to the company.

We offer maintenance-free product options to OEMs

In response to the 'Make in India' campaign, Indian market is becoming the manufacturing hub for major global original equipment manufacturers (OEMs). As a Tier-I supplier to the construction and agricultural market, it was only logical for CCTY Bearing to secure an in-country presence to be closer to customers to respond to their growing demand for our products.

Warehousing Equipment Aiming New Heights

Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.

CCTY Bearing's Square Ball design revolutionises Universal Joint

The universal joint has been fundamentally the same for the last century, until now. The new approach from CCTY Bearing uses a square ball and seven other components; a stark contrast to the more than 100 parts found in traditional U-joints.

Perfect Solution

Hindustan 2021 Wheel Loader has been serving Indian customers for over four decades and has earned the reputation of the most reliable machine in the industry. It has been the market leader in the 3-tonne category.

Facilitating efficiency

Bearings fulfill a number of important functions, starting with their ability to reduce friction. Other primary functions include supporting a load, promoting the efficient transmission of power and ensuring alignment is maintained.

Western Coalfields to expand Ghonsa mine

The Coal India subsidiary, Western Coalfields Ltd (WCL) has received clearance from the Union Environment Ministry for expanding production capacity of its Ghonsa open cast mine in Maharashtra at a cost of over Rs 102 crore.The expansion will enable the company to increase the capacity to 0.60 million tonnes per annum (mtpa) from 0.45 mtpa with an increase in mine lease area to 278.68 hectare from 128.79 hectare.

Excavators Excel

Driven by the infrastructure development activities in the country, hydraulic excavators recorded a sharp growth in 2016 compared to the previous year. The positive trend is continuing this year also with a 26 per cent growth in the first four months.

Caterpillar Introduces New 2021D Loader

Efficiently powerful: Experience improved fuel efficiency with an optimised power train. The new Ashok Leyland, Bharat Stage III, 6-cylinder inline turbo-charged, after-cooled diesel engine gives better fuel efficiency and optimised performance. The complete power train system has been redesigned and customised to meet the Hindustan 2021D working requirements and provides the reliability and durability that customers need.

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.

Electric Throttle Actuators

The latest electric throttle actuators provide a cost effective way to control engine speed on mechanical diesel engines. Compact and easily installed, they enable greater freedom of machine design and the use of more ergonomically optimised controls.

Keeping coal flow at Turkish mine

A 20-tonne SDLG L968F wheel loader is spearheading a new coal mining operation run by the Yurtsever Group in the foothills of the Ilgaz mountain range, 60 km south of the Black Sea town of Kastamonu in Turkey.

Piggybacking earthmovers growth

Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.

Vertical Lift Loader

The key innovations of the product are the vertical lift loader arms on an articulating frame and the mechanical self-levelling Z-bar bucket linkage on a vertical lift loader.

Volvo Group signs MoU with IISC

Volvo Group Trucks Technology (GTT), the global research, development and engineering arm of Volvo, and Indian Institute of Science (IISc) have entered into a memorandum of understanding (MoU).

Government should fast-track the procurement

After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.

Beyond Mobility 2016

Bosch organised Beyond Mobility 2016, a technology event that showcased the company?s extensive range of connected and smart solutions in business segments, beyond mobility.

Ultratech Cement wins two coal linkages

Ultratech Cement Ltd has won two coal linkages for its cement plants in Maharashtra. The company had participated in the auction of coal linkages for cement sector

Imparting Versatility

Use of job-centric attachments converts conventional construction equipment into multipurpose machines, making them more productive, thereby ensuring better utilisation and job site economy. As rightly mentioned by industry veteran, Vipin Sondhi, Managing Director, JCB India Ltd, ?India is a country where jugaad is a way of life for providing engineered solutions for achieving desired objectives which are seemingly impossible many a time.

Volvo launches new buckets

Specifically designed to fit Volvo L110-L350 wheel loaders, the Volvo sand bucket, Volvo rehandling flat floor bucket and Volvo rehandling bucket enable operators to reduce cycle times through more efficient material handling and increased material capacity - reducing fuel consumption by up to 10 per cent, depending on application, according to the manufacturer.

Underground Excavation is Here to Stay

Sub-terrain excavation and drilling to provide sustained connect for utilities, in urban spaces, is the essence of the challenge. It is adequately met by using micro-tunnelling and trenchless technologies.

New Fassi F990RA in action

Italian crane manufacturer Fassi has released the new F990RA.2.28 xhe-dynamic heavy duty hydraulic loader crane with a maximum load moment of 84.3 tonne-m.

CAT Pin Grabber Coupler

The new coupler, designed and built by Caterpillar, not only satisfies new safety criteria but also adds significant customer value by enhancing overall machine versatility and productivity.

Saint-Gobain inaugurates research centre at Chennai

The Saint-Gobain Research India?s (SGRI) new, state-of-the-art, cross-functional Research Centre in Chennai

Multi Sweep Industrial Yard Sweeper

Nido Multi Sweep machine provides first class performance at affordable price. The Multi Sweep is a hydraulically powered attachment sweeper collector that converts a carrier vehicle

CE Hydraulic Cylinders - Bright Future Ahead

On ground demand of construction equipment (CE) spurs the requirement of hydraulic cylinders for various essential applications by the OEMs. EQUIPMENT INDIA zeroes in on this segment to develop granular market insights.

Pin Grabber Coupler

New Cat? pin grabber coupler satisfies current safety regulations and delivers added customer value. The innovative new Cat? pin grabber coupler for excavators meets or exceeds global

High Performance Bearings for Construction Equipment

GGB bearings offer lower systems costs, improved performance, extended service life and maintenance-free, environmentally friendly operation. Manufacturers of construction and other off-highway equipment

Sandvik introduces four new Rammer breakers

Sandvik has designed developed four new Rammer breakers for specific customer requirements. The four new attachments are the 90 kg (198 lb) 155 for 0.8-1.8

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.

Wheel loaders - Optimising Productivity

Cycle time is a critical success factor in all bulk handling applications. Ramifications of high cycle time even extend to bulk handlers securing business. Wheel loaders are extensively used bulk handling tools wherein high productivity is of essence.

Volvo puts the pow into Laos power plant

A fleet of Volvo Construction Equipment machines is working at the Hongsa Power Plant in Laos to ensure the project is completed on time.

Budget boost!

Infrastructure has received a booster shot of Rs 70,000 crore and another Rs 24,000 crore of increased outlays on roads and railways. This would take the existing spend on infrastructure for 2015-16 from Rs 2,10,000 to Rs 3,04,000 crore plus the funds created as an outcome of the seed money invested in National Investment & Infrastructure Fund which in turn will find its way into infrastructure funding companies like IRFC & NHB where they will evolve with a factor of ten.

Light at the End of the Tunnel

The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years. However, with a new stable government in place, infrastructure development is expected to be back on the fast track soon.

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.

DesignED to Rule

Catalysing Growth

Winds of change are here to stay! Investment in the construction development sector has a multiplier effect on the economy by way of infrastructure creation; substantial employment generation over the entire spectrum,

Sandvik Materials Technology divests distribution assets

Sandvik Materials Technology is divesting its distribution business in Australia and New Zealand to Vulcan Steel.

Bearings for Smooth and Durable Functioning

Not as interesting or inspiring as a tiny transistor in an electronic circuit, a bearing is as important as a transistor when it comes to the smooth functioning of a machine.

Movers & shakers

Batching solutions

The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.

New Technology for Tractor Market

For over 30 years, Carlisle Brake & Friction (CBF) has been a supplier of brake systems and friction components to the agriculture and forestry industry. In 2005, CBF expanded its brake system capabilities with the acquisition of ArvinMeritors off-highway braking division (formerly known as Lucas Girling).

Transmission Yokes

R.B. Forgings manufactures forged automotive parts, trucks and container parts, tractor parts, gear blanks, and forged and machined components. The product list comprises hubs, hinges, steering knuckles, flanges, transmission yoke, container hinges, 'D' rings, steering arms, lashing parts, tractor linkages, tractor axles, forged gear blanks, precision gear blanks.

Cat 320D Series 2 Hydraulic Excavator

Building on the solid performance of its 320D predecessor, the new 320D Series 2 hydraulic excavator is an exceptionally reliable, highly productive machine that lowers operating costs through reduced fuel consumption and simplified routine maintenance. The 320D Series 2 machine features a new engine, powerful hydraulic system, durable main structures and a refined operator station.

New Expectations

The new government has just sworn in at the Centre, driving new hopes in the industry. DK Vyas pens down the wish list of expectations from the new government.With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister (PM) will be able to lead the economy out of the low growth era through decisive governance.

Caterpillar offers a complete range of motor graders.

The Cat motor grader is designed keeping in mind lower maintenance and ownership costs to assist owners to benefit from higher productivity and profit potential, says Ajay Shankar, Country Manager, Caterpillar India. Excerpts of the interview.

Electrification of Tractors

Electrification of tractors?as a farm equipment?may be tougher than electrifying cars and commercial vehicles. However, it is likely to become a reality, writes Bhushan Mhapralkar. Unlike passenger cars or trucks, tractors have several different standardised interfaces.

Expectations from the New Government

Devendra Kumar Vyas, Chief Executive Officer at SREI BNP Paribas pens down the wish list of expectations from the new government. With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister will be able to lead the economy out of the low growth era through decisive governance.

Liebherr wheel loader at World of Concrete 2014

The new generation of Liebherr wheel loaders were showcased at the 2014 World of Concrete show in Las Vegas, USA. The L 556 model on display belongs to the large-size range of Liebherr wheel loaders and complies with

Fail-safe brakes from Carlisle

First developed in 1997 and successfully used in the field since, Carlisle Brake & Friction's SA7000 park brake has spawned a series of SA brake products and myriad competitive imitations.

The Proven Performer

The Cat? 950 GC wheel loader has proven components, a durable structure, operator amenities and comes at an affordable price to provide great customer value.

Government should fast-track the land acquisition process

Gmmco, well supported by Caterpillar, is the one-stop shop for mining equipment and solutions. We offer the complete range of Cat surface and underground mining machines

Getting ready for the upturn

In spite of the unfavourable market dynamics, most of the OEMs have adopted innovative strategies to sustain themselves while keeping an eye on the coming boom. Innovative strategies are developed to retain existing customers

Birra Thermal Power Project is yet to start owing to coal linkage

Hindustan Power Projects is implementing Birra Thermal Power Project. The thermal arm of the company is developing a 1320 MW (2 x 660 MW) coal based super critical project in district Champa, Chhattisgarh. The company is actively pursuing various pre-developmental activities, land acquisition is in advance stage and various approvals & statutory clearances are also in place. The construction work is yet to start owing to pending coal linkage.

NTPC gearing up to acquire coal based power assets

NTPC Ltd is eyeing seven coal-based power plants with a combined capacity of 2,000 MW for acquisition. NTPC Chairman and Managing Director Arup Road Chowdhury has said, they are looking at acquiring those coal based power assets

Consolidating Presence

Volvo CE strengthens excavator range in India with productive and powerful EC220D and EC300D excavators.The new D-Series excavators from Volvo Construction Equipment have the strength and durability to take on a range of challenging work site tasks. With faster cycle times, excellent digging and lifting capabilities, and a capacity for greater productivity, the EC220D and EC300D have what it takes to get the job done in a low-stress, high-performance way every time

Complete Braking Solutions

CBF offers a wide range of motion control solutions, including complete hydraulic brake systems and superior friction material components for wet brakes, dry brakes, clutch and transmission applications.

Raising Efficiency

Cat? 320D Series 2 hydraulic excavator features new fuel-efficient engine, simplified maintenance and refined operator station.Building on the solid performance of its 320D predecessor

Panel submits report on linkage policy to Odisha govt

An inter-ministerial committee set up by the Odisha government submitted its report on the long-term linkage policy for supply of ore to local industries. The state government would examine the report and may take action to boost supply of raw material to local industries. The submission of the report prompted Vedanta Aluminium (VAL) to be optimistic about securing bauxite ore from

Balco may supply bauxite to Vedanta's refinery

Vedanta Aluminium (VAL) is in the process of increasing capacity utilisation at its 1-million tonne alumina refinery in Lanjigarh, Odisha by securing bauxite from its group firm Bharat Aluminium Company's (Balco). It is learnt that Balco would supply the raw material from its Kawardah mines in Chhattisgarh. The mines promise 120,000 tonne of bauxite supplies every

Fail safe brake from Carlisle

First developed in 1997 and successfully used in the field since, Carlisle Brake & Friction's SA7000 park brake has spawned a series of SA brake products and myriad competitive imitations.

Our machines give better efficiency in terms of fuel consumption and productivity

Volvo Construction Equipment is one of the most dynamic companies in the industry. Not only have we grown rapidly over the last decade, we have done so without sacrificing the quality of our products, the innovation of our thinking or our close relationships with our growing family of customers

CCEA to take final call on price pooling

Coal Minister Sriprakash Jaiswal informed reporters that his ministry submitted a note on the mechanism for coal price pooling to the Cabinet Committee on Economic Affairs (CCEA), which would take a final call in its next meeting. Under the proposed new pass-through mechanism, entire additional cost of imports would be passed on to the consumers against averaging of prices of imported and domestic coal under the earlier price-pooling mech

Haryana's HPGCL wants its own captive mine

The Haryana government is trying for its own captive coal block to meet the coal requirement of its power plants in the state. The State-owned Haryana Power Generation Corporation (HPGCL) has submitted multiple applications to the Union Coal Ministry for allotment of coal block in Chhattisgarh or Madhya Pradesh for the existing and future thermal plants in the state.

Rs 7 tn worth infra projects stranded

According to data given by the state-run banks to the Union Finance Minister, 215 projects worth over Rs 7 lakh crore are stuck because of various reasons including lack of coal or fuel linkages, statutory approval etc.

L220G wheel loader is one of the most fuel-efficient machines in the Indian market

We provide operator training onsite and in our customer center in Hoskote. Our distributors provide onsite service which includes service mechanics, parts at customers` site for key customers and fleet owners.