Revolutionising the Indian Cement Industry

Indian Cement Review hosted the ICR Conference and Awards 2023 and the 14th Indian Cement EXPO with top notch companies, industry experts and thought leaders. Kanishka Ramchandani presents a special report.

Escorts Kubota contemplates sale of railway equipment division

During 1Q, Escorts Kubota navigated a decline in tractor sales

CoalMin guarantees sufficient coal for thermal power plants

The coal ministry guaranteed thermal power plants adequate coal supplies to enable ongoing electricity output. Coal inventories at thermal power plants were at a healthy 33.46 million tonne as of 16 July up 28 per cent year on year (YoY).

Fuelling the future

Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.

Going forward, digital technology will play a key role

Deepak Shetty, CEO and Managing Director, JCB India, speaks on the key demand drivers for backhoe loaders in India, and its dealership and product service

Going forward, digital technology will play a key role

Deepak Shetty, CEO and Managing Director, JCB India, speaks on the key demand drivers for backhoe loaders in India, and its dealership and product service.

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

India’s coal demand grew at highest pace globally in 2022

The biggest yearly growth rate of any nation will be seen in India's demand for coal in 2022 driven by increased coal-based power generation to combat above-average summer heat and growing economic activity.

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.

Atlas Copco Electric E-Air Compressors on Mumbai-Pune Expressway

Between two of India’s most vibrant cities, a congestion-busting road is being built: the Mumbai-Pune Expressway. RVR projects is using Atlas Copco electric E-Air compressors for the tough job of shotcreting the tunnels.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

Double-digit growth likely

Excon is a large, popular and established platform for the construction equipment industry in India where corporates, large infrastructure companies, contractors and their subcontractors, project construction professionals and retail customers meet original equipment producers and suppliers.

Escorts Q3 standalone profit up 14 per cent

Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.

NIP can make CE tick

As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.

Indian construction equipment industry growth slumps in Q3FY22

On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Innovation & Indigenization has been a way of life at AJAX

“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer

Sachdeva of CERA: Mobile cranes with latest tech will be in demand

Interview with Satin Sachdeva, Founder & Secretary General, CERA

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

Mobile cranes with latest tech would be in good demand

The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

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.

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter

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.

Tata Motors Construck – Surface Transport Tipper (STT) Range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth. In FY2021-22, driven by the strong demand from infrastructure and construction projects, focused push for inter-state connectivity and NIP implementation, enhanced production of coal, ore and minerals on the back of increased industrial output and a good monsoon forecast are the lead indicators for the continued rise in growth rate.

Tata Motors Construck – Surface Transport Tipper (STT) Range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth. In FY2021-22, driven by the strong demand from infrastructure and construction projects, focused push for inter-state connectivity and NIP implementation, enhanced production of coal, ore and minerals on the back of increased industrial output and a good monsoon forecast are the lead indicators for the continued rise in growth rate.

Tata Motors Construck – Surface Transport Tipper (STT) range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth.

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.

Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

Intelligent compaction!

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

Indian CE market to regain growth

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

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.

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.

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.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

EQUIPMENT INDIA Awards 2020

At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.

BharatBenz dealer supports customers and people in Assam

Daimler India Commercial Vehicles’ (DICV) dealer partner for BharatBenz Trucks and Buses in Assam, Abutani Trucking is helping its customers and the underprivileged people of the state during the COVID 19 pandemic

Mahindra’s tractor sales post 28 per cent growth in July 2020

Mahindra & Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for July 2020.

Ammann India announces free monsoon check-up camps for plants & machines

Ammann India, the country’s largest road construction equipment manufacturer by value, has announced a nationwide free monsoon check-up camp for its asphalt plants, pavers, soil compactors, tandem rollers, and pneumatic tyre rollers, from July 15 to October 15, 2020.

Ammann India announces free monsoon check-up camps for plants & machines

Ammann India has announced a nationwide free monsoon check-up camp for its asphalt plants, pavers, soil compactors, tandem rollers, and pneumatic tyre rollers, from July 15 to October 15, 2020.

Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL

Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity

Challenging Terrain

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

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

Nip can change the narrative

The COVID-19 has caused a staggering unemployment of 115.

We will be introducing more models in near future

The market size of the foundation equipment is estimated to see a drop this year. However, from the second half of 2021 till next 3-4 years, it is likely to grow substantially.

Building confidence

The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.

AJAX is all set to bounce back with resilience

To set the ball rolling, AJAX has become more resilient, adaptive and competitive like ever in this complex and uncertain period of pandemic with resilience and resourcefulness, says Debasis Bhattacharya, Head - Marketing, Sales & Product Support, AJAX Engineering.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

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.

We are future emission ready with our products and equipped our network

Ashok Leyland is the market leader in agricultural harvester combine segment and has significant presence in industrial equipment market across applications.

Mining Innovation

Aussie Pumps has lead the development for products designed specifically to meet the challenges of mine sites.

We expect to see a positive turn in volumes

Tata Motors has been at the forefront of constantly innovating and defining the market with new technologies and categories.

We are geared up to meet the growing demands

The Power Solutions Business of Ashok Leyland has introduced 20 prototypes of engines complying with the upcoming emission norms. Rajesh R, Vice President, Power Solutions Business, Ashok Leyland shares more on the market and the company's plans.

Gaining Momentum

Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

CE Market to Bounce Back

Off-Highway Research forecasts that the market for construction equipment (CE) will dip in 2019 but follow an upward trend thereafter during 2020-2023. Samir Bansal elaborates.

Flurry of road bids expected

According to the latest reports, India's GDP growth rate slipped to 4.5 per cent in the July-September quarter of this fiscal.

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.

Backing Infra Growth

Serving Local Community

Water scarcity and water inequality is one of the major concerns affecting India's overall development.

Mahindra FES sells 23,539 units in India in May

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for May 2019. Domestic sales in May 2019 were at 23,539 units, as against 28,199 units during May 2018.

Our focus is diversified well

At bauma India, Mitsubishi Heavy Industries - VST Diesel Engines launched a new engine model D03CJ that can meet the most stringent emission norms of the world.

Our focus is diversified well

At bauma India, Mitsubishi Heavy Industries v VST Diesel Engines launched a new engine model D03CJ that can meet the most stringent emission norms of the world.

Applications in India: issues and Solutions

Indian subsurface construction requirements are unparallelled and through proper interventions, we can realise this dream. Dr Niranjan Swarup elaborates on the challenges and issues in trenchless applications in India and the solutions to overcome these challenges.

KBL supplies two autoprime pumps to MCGM

Kirloskar Brothers Limited (KBL) recently supplied two autoprime pumpsets, each of 1,000 cu m/hr capacity, to Municipal Corporation of Greater Mumbai (MCGM) for de-watering of inundated area in the city during the monsoon.

Mahindra sells 39,277 tractors in India during June 2018

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for June 2018. Domestic sales in June 2018 were at 39,277 units, as against 31,660 units during June 2017.

Getting back on track

The verdict is out! GDP growth at 7.7 per cent is the highest in nine quarters. Construction growth at 11.5 per cent, manufacturing at 9 per cent apart from agriculture have been positive contributors.

Mahindra FES sells 21,046 units in India during Nov

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for November 2017. Domestic sales in November 2017 were at 21,046 units, as against 15,918 units during November 2016.

Danfoss India bags Frost & Sullivan Leadership Award

Danfoss Industries Pvt Ltd was awarded with the Frost and Sullivan - 2017 India Building and HVAC Segment - LV Drives Enabling Technology Leadership Award under the category of novel developments in the Industrial Automation and Process Control Sector at the Frost and Sullivan 2017 India Best Practices Awards Banquet held in Mumbai.

Mahindra FES registers 52 per cent domestic sales growth

Mahindra & Mahindra Ltd?s Farm Equipment Sector (FES) announced its tractor sales numbers for September 2017. Domestic sales in September 2017 were at 44,000 units, as against 29,035 units during September 2016.

BorgWarner develops new EGR coolers for CVs

To support commercial vehicle (CV) manufacturers in meeting current and future emissions regulations, BorgWarner has developed an economical new series of multi-platform exhaust gas re-circulation (EGR) coolers featuring a compact floating core.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

5-30 hp diesel engines market to show substantial growth

In its recently published report on the 5-30 hp diesel engine market, 6WResearch said that the 5-30 hp diesel engine market in India is expected to witness substantial growth primarily due to high utilisation in agricultural and commercial sector.

FROM RECOVERY TO GROWTH

The construction market in India is the second largest in Asia-Pacific Countries (APAC) region and is expected to become the fastest growing market in the region by 2025.

Equipment India awards & ceo forum 2017

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

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.

Equipment India Awards 2017 and CEO Forum

The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.

Indian Mining Poised to Boom

GROWTH STORY TO CONTINUE

Off-Highway Research, a part of KHL Group in their half-yearly report, forecasts that in terms of percentage growth, India is expected to be the most buoyant major CE market in the near-term, with 21 per cent growth this year

Expectations Post Monsoons

Slowdown in construction activities, all around the country, is a predictable annual feature. It is time for the industry to recharge its batteries, rejuvenate equipment fleets, invest in skill development and be ready to meet the frenzy post monsoons.

Tyre demand to grow 6-7%

Research and rating agency, ICRA, expects the domestic tyre demand to report a volume growth of 6-7 per cent, supported by a broad-based revival in automotive original equipment manufacturers (OEM)

On Cloud 7, Moving to 9!

The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.

INDIA INSULATED FROM BREXIT FALLOUT

On the 23rd of June, UK public voted to leave the European Union. The news not just sent the UK markets and currency into turmoil but sent shockwaves that were felt all the way in India as well. The historic vote marks the rise of a new phase of uncertainty for the international markets.

Backhoe Loaders Get a Rural Boost

Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.

Hydraulic Motors & Valves

Motors and control valves are essential components of any hydraulically operated machine as they are instrumental in creating the required motion. To explain it simply through an analogy with the human body, motors can be compared to our limbs and control valves to our brain.

3rd Annual Equipment India Awards & CEO FORUM

The evening of March 16, 2016 was a matter of pride for EQUIPMENT INDIA as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual Equipment India Awards.

Of Truths & Dares

The Indian economy is to grow at 7.5 to 7.75 per cent GDP, which by global standards, is the highest growth. However, the impact on the ground is minimal.

BWSL: A Triumph of Precision Engineering

Bandra-Worli Sea Link (BWSL) is the first-of-its-kind civil engineering marvel on Mumbai?s coastline. With its cable-stayed towers soaring gracefully skywards, the sea link is a reflection of the modern infrastructure that Mumbai added in its progress towards becoming a world-class city.

Controlling at Heights

Control technology is the brain of construction machines. PV Ramdev elaborates on the importance of using reliable control technology in tower cranes and passenger hoists.

Front-end Loaders Dominate Rentals

Market information on rental industry is extremely fragmented. No accurate or authentic data is available in the industry to support this activity. Having said that, as per available information gleaned from various sources, the industry size for 2-3 cu m bucket capacity front-end loader is estimated to be in excess of 20,000 units in India.

Rental Market for DG Sets

The rental market for DG sets is expected to grow in future as the economy has started recovering. DG sets play a major role in peak hour saving - production, standby application, and continuous power - construction sites.

Happy Tidings For Roads and Cement Sectors

While inaugurating The Nation Conference on Highway Equipment jointly organised jointly by ICEMA and IAHE at Delhi, Shri Nitin Gadkari said that the Ministry?s target is to expedite the construction of National Highways in India.