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What’s driving the demand?

Increasing demand for novel construction equipment is expected to drive the global undercarriage components market in the upcoming years.

“We will be launching 63-inch tyres for the Indian market.”

Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

Equipment manufacturers lead IoT mining revolution

Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Tata Motors’ ‘Construck’ range of mining tippers

These tippers have always been the preferred workhorse in the mining operations.

Premium lubrication solutions for successful mining operations

As a core industry, the mining sector plays a significant role ininfluencing the economic growth of our resource-rich country.

Automation is the top priority in all our plants

India has done a marvelous job in road building and irrigation, opening new doors for infra equipment. Ashok Chhajer, Senior General Manager, OE Sales, Balkrishna Industries, shares how these initiatives have boosted sales.

Tata Motors showcases high-performance trucks

Tata Motors, India’s largest commercial vehicle manufacturer, showcased its state-of-the-art high-performance trucks.

Crushing Need: Energy-Efficiency

Environmental and energy-cost issues make it vital for the crusher and screening equipment industry to focus on energy-efficient machines.

We will be launching track mounted compact range of crushing & screening machines

Excon is one of the largest construction equipment trade fairs and has been playing an important role in bringing out the latest technologies and solutions and we at Terex are proud to be a part of the 11th edition taking place this year

Our products will be a game-changer for mining industry

Rajiv Poddar Joint Managing Director, Balkrishna Industries

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

Use of automation in road construction may increase

Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.

There is an increase in demand for underground equipment

Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.

Towering up

Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.

Mathur of Tata Hitachi: Mining policy revival offers promise for new players

Hemant Mathur, AVP – Sales and Marketing, Tata Hitachi Construction Machinery, speaks on the overall performance of the mining sector in India, and the segments that are driving the demand for their products.

Transforming Mining

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

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.

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

One of the major demand drivers is increase in demand for underground mining equipment

With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

L&T awarded contracts for its various businesses

The construction arm of L&T has secured orders for its businesses in India.

L&T awarded contracts for its various businesses

The construction arm of L&T has secured orders for its Metallurgical & Material Handling (MMH) and Buildings & Factories (B&F) businesses in India

Unlocking the mining potential

The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.

Keeping up with industry trends

Despite slowdown in the automotive industry, all the leading manufacturers of tippers and trucks have transitioned to BS-VI emission standards.

We expect heavy truck market in India to grow by 60% in 2021

A healthy mix of construction activities, especially affordable housing and de-regulation of the mining sector with proactive private participation are reviving demand for the tippers segment.

We are a market leader in surface mining

Wirtgen is global market leader in the manufacturing of machines for cutting rock in open cast mining operations. Wirtgen surface miners cut primary resources such as coal, gypsum, iron ore, salt, phosphate, bauxite, limestone or granite, achieving high degrees of purity in the process.

Reducing friction

The global industrial lubricants market size is projected to reach $ 73.3 billion by 2024, from $ 62.8 billion in 2019, at a CAGR of 3.1 per cent.

Demand for higher tonnage cranes is likely to grow

With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

BKT solutions for the mining sector

The EARTHMAX tire range has been specifically designed to withstand the stress of the rough terrain typical of quarries and mines

Market to bounce back

The Covid-19 pandemic has hugely impacted the global air compressor market in a negative way. However, the market is expected to recover by Q1/Q2 of 2023.

Underground mining readies for IIoT revolution

With new innovative technology, companies are taking take digitalisation of mining operations to the next level.

We are bullish on the long-term demand for crushers & screeners

Amol Sinha, General Manager, Terex India

Vedanta Aluminium launches maiden Sustainable Development Report

Launched on World Environment Day, the report captures sustainability performance highlights of FY 2019-20.

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.

We expect the demand to grow for hydraulic excavators

Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

We expect the market for hydraulic excavators to grow by 20%

The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.

Tata Motors ‘Construck’ Range Of Mining Tippers

The mining sector is the backbone of the country’s growing economy, by providing valuable raw materials required by all major Industries. Sectors like power generation depend on continuous feeding of large amounts of coal for thermal power plants. With Industrial output and infrastructure on the rise, the need for iron ore, limestone, stone and other minerals/ores are growing as well. Growth in irrigation projects involving building of dams, tunnels, culverts, canals as well propel the demand.

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

Rahul Shorey of Tata Hitachi: We are working on excavators meeting next-gen emission norms

Rahul Shorey, National Head (Construction), Tata Hitachi Construction Machinery Company, speaks on the opportunities and major challenges faced in the hydraulic excavator segment.

The worst is over for the CV industry

In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.

MPM Rental adds three new Grove RT9130E-2s for Chile’s dynamic mining sector

After success with its first RT9130E-2 unit purchased in 2013, the company triples down on its Grove offerings for Chile’s market.

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

Leading mining companies are now taking steps towards digitalisation

Alok Kumar Verma, Director – Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

Power your profits

Tata Motors’ extensive range of 28-tonne tippers helps you maximise profits and have complete peace of mind.

We will continue to focus on infrastructure projects

Established in 1960, Atlas Copco India is the country’s leading manufacturer of innovative solutions in air compressors and industrial gases, energy efficient vacuum pumps, portable compressors, light towers.

Technological upgrades are perennial part of CE industry: Sandeep Mathur of CASE

Sandeep Mathur, Brand Leader, CASE India, speaks on the current scenario of motor graders in India, and the upcoming digital technologies in motor graders.

New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

IMME 2020 ends with high hopes

The Confederation of Indian Industry (CII) organised the well-established IMME series, this time as IMME 2020 virtual mining exhibition between 2 December 2020 - 1 February 2021.

Structural reforms in mining

Union Minister for Coal and Mines Pralhad Joshi said that the government is coming up with many structural reforms in the mining sector to realise its true potential.

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

Mining reforms have brought the confidence back

Souma Ray, Director, Haulotte India shares his thoughts on the AWP market outlook and the company’s activities.

There is clear room for the market to grow

Rajaram Krishnamurthy, Vice President - Marketing & Sales and Customer Services, DICV, shares his thoughts on the market scenario and the company’s strategy going forward.

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

Coal mining is expected to drive demand

PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.

CE industry: On the road to recovery

The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.

Mining market scenario

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

Tipper trucks market gearing up

Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.

Reforms will boost recovery

Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.

We are planning to introduce digital dashboards

Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.

Structural reforms in mining sector to realise its true potential: Pralhad Joshi

The proposed changes in mining sector to increase private sector participation

The M&HCV tipper trucks segment continues to look positive

RT Wasan, Vice President, Product Line, M&HCV, Tata Motors, elaborates on the company strategy in the Covid-impacted market scenario.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

We see huge potential for digital technologies in mining

Alok Kumar Verma, Director - Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.

Light at the End of the Tunnel

Tunnels seem to be coming up in metropolitan and remote areas alike, so TBMs and other equipment should be in demand. How is the industry gearing up?

Digitised & connected mining with advanced automation technology

Like automotive industry, emerging advanced technologies are helping mining industry to upgrade as well as digitise their operations. According to various report, India is one of the largest exporters of iron ore, chromite, bauxite, mica and manganese.

Towards ‘Atmanirbhar Bharat’: BEML adds new products

BEML has introduced a range of mining and defence equipment developed indigenously and opened new Industrial Design Centre.

GDP growth to contract by 20 per cent for Q1FY21: CARE Ratings

Taking cognizance of the adverse impact of the lockdown, CARE Ratings is expecting the real GDP growth at -20 per cent year-on-year (YoY) for Q1 FY21.

BEML launches new indigenous products

Defence Minister Rajnath Singh launched BEML’s indigenously designed and developed products

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.

We have a diversified portfolio to suit the widest range of machines: Piero Guizzetti

MB Crusher products are easy to move, install and service, which results in maximum uptime and consistent performance, irrespective of the site locations like quarries, mines or hilly terrain. Piero Guizzetti, CEO, MB Crusher India, shares more.

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

Challenging Terrain

The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.

Towards better Mining

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

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.

U&M orders 30 MTU Series 4000 engines

Rolls-Royce will deliver 30 Series 4000 MTU engines to U&M Mineratpo e Construtpo S/A, a leading earthworks contractor in Brazil. U&M will use the new MTU 12V 4000 C03 engines to repower a fleet of mining trucks and excavators, improving the performance, profitability and sustainability of the machinery.

Our vision of ‘Always Better’ goes beyond traditional thinking

With business in more than 120 countries and direct presence in 28 countries, Elgi Equipments is consolidating its presence in global market with innovative products and services.

Flender to expand in Western Australia

Flender, a leading global supplier of mechanical drives and a subsidiary of Siemens, has announced expansion plans in Western Australia with a new facility in Tonkin Highway Industrial Estate in Bayswater.

Flender to expand in Western Australia

U&M orders 30 MTU Series 4000 engines

Rolls-Royce will deliver 30 Series 4000 MTU engines to U&M Minera??o e Constru??o S/A, a leading earthworks contractor in Brazil.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

On the right path

It is a fact that the industry is under tremendous pressure of economic slowdown. However, hopes are alive as the government is listening to the problems of the industry and working out resolutions for a faster recovery.

EQUIPMENT INDIA AWARDS 2019

The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.

We have a portfolio of advanced products

Equipment working at construction and mining sites are open to extreme conditions. Rupinder Paintal, Director of Market Development, ExxonMobil Lubricants, elaborates on the new generation lubricants that can enhance the efficiency of construction and mining equipment.

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