BEML Acquires Land in Chhattisgarh for New Plant

100-acre unit to boost heavy equipment output and local jobs

Graders of Tomorrow

Shaping the future of infra, motor graders are evolving with advanced tech and precision to meet the growing demands of tomorrow’s construction landscape.

Focus on Infra, Skilling

Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support

Forging Ahead in India's Equipment Rental Landscape

Premier Heavy Lift is strategically investing in mega crawler cranes with a lifting capacity exceeding 800 tonne.

No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

CASE’s skill development initiative recognised

CASE Construction Equipment has been recognised by the 10th National CSR Times Award 2023 for its initiatives in India.

CASE’s skill development initiative recognised

Received Silver Award at the CSR Times Awards

CASE’s skill development initiative recognised

Received Silver Award at the CSR Times Awards

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

Tata Motors, India’s largest commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s leading public sector bank to offer unique financing solutions for the purchase of the all-new Tata Ace EV – India’s most advanced, zero-emission, four-wheel commercial vehicle.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

The partnership will introduce easy loan-structured schemes for the purchase of the all-new Tata Ace EV

L&T ships special construction equipment to BRO for strategic needs

L&T Construction Equipment (LTCEL) has dispatched the first batch of 25 special variant wheel loaders that are suitable for operation in harsh terrains – high altitudes and extreme weather conditions to the Border Roads Organisation (BRO), an organisation engaged in serving strategic requirements of the nation.

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.

L&T ships special construction equipment to BRO for strategic needs

The special wheel loaders operate in temperatures between minus 20 degrees and 50 degrees.

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.

Top popular construction equipment companies in India

The infrastructure sector has witnessed a rapid growth within the country. With many ongoing projects, nation is for sure going to taste its development soon, but along with it many industries associated with infrastructure has evolved. One such industry is the construction equipment industry.

Sajjan Jindal is CW Man of the Year - Private Sector

Jindal was awarded at the 19th CONSTRUCTION WORLD Annual Awards.

GR Infra, Tata Projects, Afcons India's fastest growing large construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

BRO Lt Gen Rajeev Chaudhry is CW Man of the Year - Public Sector

Lt Gen Chaudhry was awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Unlocking the mining potential

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

Amit Banerjee takes charge as CMD of BEML

Banerjee is a graduate in Mechanical Engineering from IIT (BHU), Varanasi. He joined as Asst Engineer and has a vast experience of over 37 years in R&D and manufacturing functions.

L&T bags order for Titanium Clad Oxidation Reactor from Technip Energies

The company develops indigenous technology for the critical equipment

BEML records highest ever turnover

Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.

BEML rolls out mechanical minefield marking equipment

BEML Limited, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical Minefield Marking Equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.

BEML rolls out mechanical minefield marking equipment

BEML, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical minefield marking equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.

Numaligarh Refinery to use Honeywell tech to produce cleaner-burning diesel

Honeywell announced Numaligarh Refinery (NRL), a public sector undertaking under the Indian Ministry of Petroleum and Natural Gas, will use UOP technology to produce cleaner-burning diesel fuel in compliance with India’s BS-VI emission standards and increase crude oil conversion.

CE sector secures jobs in a difficult environment

Globally, sales of construction machinery fell by three per cent in 2020, but the Chinese market grew by 30 per cent, so the global market excluding China actually slowed by 17 per cent.

Tata Motors, SBI join hands to offer financial solutions to CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

BEML CMD: Five factors that will boost demand for CE

Earthmoving segment is expected to continue its dominance in the near future, Rajasekhar says

CE sector secures jobs in a difficult environment

Last year, the industry turnover of construction machinery from German production was 10.5 billion euros. This corresponds to a minus of 17 per cent compared to the high level in 2019.

Union Cabinet clears new divestment policy

The Union Cabinet cleared the new policy for Public Sector Enterprises (PSEs). A broadsheet for disinvestment is expected to be announced by Finance Minister Nirmala Sitharaman in the Union Budget.

Mining market scenario

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

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Seeking Light at, the End of the Tunnel!

Prime Minister Narendra Modi is all set to inaugurate the world’s longest railway tunnel above 10,000 feet height on October 3. The Atal Tunnel is being completed at the most difficult time of coronavirus pandemic.

EQUIPMENT INDIA Awards 2020 to be held online

In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020

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.

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

Coal Ministry initiatives to improve mining efficiency

The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector

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.

Srei Equipment Finance, UCO Bank announce strategic alliance

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India's premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

Make in Steel 2020

Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.

Srei Equipment Finance, UCO Bank to co-lend through iQuippo platform

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India?s premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

Managing Complexities in Himalayas

HCC rescued a tunnel boring machine (TBM) stuck in Himalayas, refurbished and put back into operation to construct a head race tunnel for an NTPC hydro power project.

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.

Mining Needs a Leg-up

For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

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.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

Govt to auction 27 coal mines

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.

Digital job-site documentation

The new software-based application for road construction, WITOS Paving Docu allows paving data and delivery notes to be recorded and automates the sending of job-site reports. It is a practical, easy-to-use solution for small and medium-sized construction projects.

Srei Equipment Finance and Bank of Baroda in strategic alliance

Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.

Indian CE Market Overview

The market for construction equipment will follow an upward trend in the next five years.,

BEML flags off nation?s first 150T electric dump truck

BEML Ltd, a public sector company under the Ministry of Defence and a premier manufacturer of mining and construction equipment, has launched an indigenously developed nation?s first 150T electric drive rear dump truck, with an objective of strengthening the Make in India initiative, that will address the growing demand for higher capacity equipment in the mining industry.

L&T opens service centre in Singrauli

L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India's coal industry.

3D Smart Camera

The new 3D smart camera from ifm electronic designed for mobile applications is the first 3D sensor system with integrated additional 2D camera. The overlay function allows to show obstacles and display warnings, symbols and even complex drawings in real time.

L&T opens service centre in Singrauli

L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India?s coal industry. The new facility was inaugurated by Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery Business, Larsen & Toubro in the presence of a galaxy of top customers from public sector and private companies.

Indian CE Market: AN Overview

Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.

Infrastructure on fast track

The Indian infrastructure sector is not slowing down anytime soon, given the government initiatives and market demand. This makes it a feasible environment for the growth of construction equipment, writes Andy Dhanaraj, Director - Sales, Caterpillar India.

We are in tune with the value sensitivity of Indian customer

Our market is highly correlated to overall infrastructure development which is seeing considerable improvement in the overall ecosystem, from bidding procedures to financing, public sector fund allocations and so forth.

MTU engines to be assembled in India

Rolls Royce and Garden Reach Shipbuilders & Engineers Ltd (GRSE) have agreed for the final assembly of MTU Series 4000 engines in India. The 12V and 16V 4000 M90 type engines will be assembled in GRSE?s diesel engine plant in Ranchi. An option for the local production of parts in the future was also agreed.

Excon 2017 to attract over 1,000 exhibitors

The 9th edition of Excon, India's premier and South Asia's largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017, is expected to attract more than 1,000 exhibitors, including around 300 companies from abroad

?Education on today?s market is a major factor for awareness about solutions

India is a dynamic and capable market that grows at high speed and it will be one the leading and profitable economies in the future. Things are changing rapidly and a lot of interesting things are happening in the downstream level, with the public sector investments and the efforts the new government has put in.

Indian Mining Poised to Boom

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.

ECA is the major risk taker under the loan

KfW has three different arms under which international financings are being carried out. These are KfW Development Bank, DEG and KfW IPEX-Bank. The ECA business is wholly taken care of by KfW IPEX-Bank which stands for international projects and export financings.

Container Handling: Future?s Bright

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Availability and utilisation achieved are key performance indicators for large mining equipment.

We have seen increase in enquires for large mining equipment segment in India in the last six months. Public Sector Units (PSUs) contribute to most of the increase in enquiry. From private miners, contractors or mine developer-operators (MDOs)

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.

An expert in concrete equipment

Rajesh Kawoor, a Mechanical Engineer by profession, carries with him a vast experience of 28 years.

A true mining professional

Anil Sachdev is the President, Equipment Division, Salgaocar Engineers Pvt Ltd (SEPL). A mining engineer by profession, Sachdev has appeared and passed the First Class Manager?s Certificate conducted by Director General of Mines Safety (DGMS), Dhanbad (Bihar).

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.

Dedicated infra financing vehicles are need of the hour

Eight months in office, the Central Government has done well to improve the business sentiment. Several measures aimed at easing the way of doing business have been taken. Things have started looking up for the infrastructure sector too.

For India, the risks and rewards are great

Looking at the infrastructure industry, a main driver behind construction equipment, India is ranked 7th in terms of risk vs reward, says Benjamin Duyck, Market Intelligence Analyst, Association of Equipment Manufacturers (AEM).

Nothing Beats An ACE

ACE is a dominant player in the cranes market having introduced innovative crane solutions/products from time to time. ?The growth of the Indian construction equipment (CE) industry is dependent on three factors

Movers & shakers

Achieving Cost Efficiency

Cost efficiency is not only achieved through cleaner engines, but also through optimising the man-machine interface with a variety of machine control technologies, 'correcting' the usage patterns, and packaging solutions that take care of clients' business needs around project costs.

German companies are planning more investments in India.

German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

Realising the mining potential