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Digital tools will meet India’s infrastructure demands
Innovations are driving sustainable road development across India.
UP Govt seeks private investment in e-mobility market
The Uttar Pradesh government has issued an invitation to private players to invest in the state's burgeoning e-mobility market.
Metro Rail sustainability suffering from affordability & connectivity
An affordable fare structure & an efficient last-mile connectivity are vital for Metro Rail
Breaking New Ground
Excon showcased the latest in construction technology, reflecting India’s commitment to revolutionising the industry and establishing itself as a global leader in machinery innovation.
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.
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.
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.
The D-factor
Where the demand will be coming from for the 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.
Mining market scenario
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
Structural reforms in mining sector to realise its true potential: Pralhad Joshi
The proposed changes in mining sector to increase private sector participation
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.
India will be a high growth market: Vivek Hajela
L&T has fully conceptualised, designed, developed and manufactured in-house wheel loaders with more than 90 per cent components sourced domestically. Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro, shares more on the market scenario and outlook.
We provide customised solutions for different applications
Customers are looking for more reliable and compact solutions which can survive difficult operating environments. Harsha Kadam, CEO, Schaeffler India and President (Industrial Business), shares more on the application trends in bearings and the market scenario.
We are very positive towards underground mining
For underground coal mining, continuous miner technology has proved to be flexible, productive and more suitable for Indian conditions. Shib Bhowmik, Managing Director, Komatsu Mining Corp, India, shares more on the current scenario and technology trends in underground mining.
MSMEs hold key in India’s economic revival: NRI report
The latest report by Nomura Research Institute (NRI) Consulting & Solutions India highlights the role of MSMEs in the revival of Indian economy, and the need for adequate support
Paving to Perfection
The projects planned in roads, highways and expressways under the National Infrastructure Pipeline for the next five years will drive the demand for pavers during the period.
Infrastructure takes pole position
The Central Government's latest announcement on investment in infrastructure has revalidated the mood that was set by Union Minister Nitin Gadkari at EXCON this December.
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.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
We see double-digit growth for industrial lubricants
With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry
Vertical Growth
Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.
Poised for growth
Bulk material handling systems are mainly used in coal and mineral processing applications, ports for handling bulk cargo, food processing, sand, gravel, etc. Conveyor systems are the majorly used bulk material handling equipment.
An Uphill Road Ahead
Out of about nine lakh construction equipment operators in India, only9,000 operators are certified by Infrastructure Equipment Skill Council (IESC).
Pushing Boundaries
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
Optimising efficiency
With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.
Smart Construction Enablers: Machine Control Techs
Use of machine control technologies is in vogue in construction equipment. Industry is witnessing tremendous growth in this area of technology to the extent of 10-12 per cent year-on-year.
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.
Connecting the CE Industry
As a prelude to Excon 2015, a road show was organised by Confederation of Indian Industry (CII) at Mumbai on October 8, 2015. In essence, this meet was organised by CII to showcase the exhibition and give an overview. The event was attended by all sections of the connected stakeholders.
We follow Komatsu global engineering standards across all our facilities
We differentiate with others by Komatsu Way (K-Way) in developing vendors skills, training customer on safety operation, continuous improvement concept on productivity
Walking the Talk
The promises of ?Acche Din?coupled with the the ?Big Bang? expectations from the FY16 Union Budget, are more to do with the government walking the talk and bringing in continuous reforms which positively impact the financial and economic landscape.
Getting loan for new equipment and lead time are major challenges
We have over Rs 200 crore worth equipment for mining. We have trucks of Scania P380, Volvo FM400; excavators of Hitachi ZX650, Volvo 700, Komatsu PC 400, dozers and water tankers as per requirement of the sites.
Mining Growth
India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.
We have the widest range of solution for OTR activity
The OTR segment, which includes industrial, construction and earthmover verticals, is pegged around at Rs 2,000 crore and this segment is expected to grow further. There are some activities in the coal sector; over 30 blocks have already been auctioned. We are expecting some activities to happen in Goa and Karnataka on the mineral front.
Achieving new heights
Ketur Shah is the promoter of Spare Part Connection, a company that deals with all kinds of earthmoving spares and bearings. Joined the business 18 months back, Shah has done Masters in Technology Entrepreneurship from University College London.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
Our machines are not only made in India, but also made for India
Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
Rural India?s steady contribution is a robust signal of the revival
India remains a focus area for us and systematic investment will be made in future as per the requirements of the market, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (India).
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.
M-Sand as Alternative for Natural Sand
With the latest innovations in crushing technology, modern crushers can produce well-graded and high quality sand, writes Ramanan Anantharaman.
Emerging Trends
Introduction of GST, more focus on palletisation, and expected opening up of retail segment are expected to boost the demand for forklifts.
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.
The growth of road equipment segment will be about 15 per cent by 2017
Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.