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NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

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.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

Volvo CE introduces 3 new construction BEVs

Roads and highways sector is considered to be the most vibrant infrastructure segment where a lot of activities ongoing consistently for a long time.

7th India Construction Festival

Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.

Demand for pick n carry cranes has strong correlation with industrial growth

The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.

New generation Grove carrier cab debuts in Germany

The first customer in Germany to take delivery of a Grove GMK3060L-1 with the new carrier cab was Arbeitsbühnen Gagarin.

New generation Grove carrier cab debuts in Germany

The first customer in Germany to take delivery of a Grove GMK3060L-1 with the new carrier cab was Arbeitsbühnen Gagarin.

Tech Drives Backhoes

Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.

At CASE, our backhoe loaders are replete with advanced features

Backhoe loaders are one of the most popular and in demand construction equipment currently, accounting to nearly 65 per cent of the construction equipment segment in India.

New generation Grove carrier cab debuts in Germany

German rental company Arbeitsbühnen Gagarin is the first Manitowoc customer in Germany to receive a Grove all-terrain crane with the latest carrier cab and is thrilled with both the modern exterior and spacious and ergonomic interior.

The D-factor

Where the demand will be coming from for the construction equipment industry?

AJAX ARGO model’s mantra is ‘maximum productivity for your investment’

“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering

Stainless steel production declines by 19% to 3.17 MT in CY2020: ISSDA

India remains second-largest producer globally despite a challenging year.

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

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.

Mining opportunities and challenges

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

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.

Next year will be the best for construction industry

Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.

More than 2,800 exhibitors to participate in bauma CHINA

Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC).

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

bauma CONEXPO INDIA postponed to April 2021

The event will now take place from 20 to 23 April 2021 at the India Expo Centre (IEC), Greater Noida

Streamlining Pipeline Laying

An MB-500 drum cutter helps in laying of new pipes for water pipeline in a city centre where roads are only two metre wide.

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

Challenging Terrain

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

Schwing Stetter resumes Chennai facility operations

Schwing Stetter India has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19. The announcement follows the recent relaxation rules put by the government and the necessary permissions granted by the state authorities.

Highway construction yet to pick up: CRISIL

According to a CRISIL Research report, the highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector across the country.

Highway construction yet to pick up: CRISIL

The highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector in the country.

MMRDA restarts work on major projects

The Mumbai Metropolitan Region Development Authority (MMRDA) has decided to restart construction on all nine Metro corridors, in non-containment zones in the city from April 20.

Apollo Tyres Kerala plant starts partial operations

Apollo Tyres announced that it has partially commenced manufacturing operations at its Perambra plant in Kerala from April 22.

Schaeffler India restarts Savli plant

Schaeffler India announced the resumption of operations in Savli plant in Vadodara. The operation in the plant situated in GIDC Park resumed post government approval and following all safety norms directed by the Ministry of Home Affairs (MHA).

Covid-19 Challenges Revival

The lockdown in the country has entered its third stage on May 4, 2020 in view of the deadly coronavirus pandemic continuing its grip on the country even after the six-week lockdown in two stages.

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.

Schwing Stetter India resumes Chennai facility operations

Schwing Stetter India (SSI), one of the country?s leading concreting equipment manufacturers, has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19.

Schwing Stetter India resumes Chennai facility operations

Schwing Stetter India (SSI), one of the country?s leading concreting equipment manufacturers, has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19.

Schaeffler India restarts Savli plant

Schaeffler India announced the resumption of operations in Savli plant in Vadodara. The operation in the plant situated in GIDC Park resumed post government approval and following all safety norms directed by the Ministry of Home Affairs (MHA).

Construction and infra activities will pick up and normalise in the next two months

Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.

COVID 19 Impact

With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

Rs 1 tn tunnel work to be undertaken in 5 years

Union Minister Nitin Gadkari said that India would require sound tunnel systems at strategic locations, and tunnel works worth over Rs one trillion would be undertaken in the next five years.

Rs 1 tn tunnel work to be undertaken in 5 years

Union Minister Nitin Gadkari said that India would require sound tunnel systems at strategic locations, and tunnel works worth over Rs one trillion would be undertaken in the next five years.

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.

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.

Potain tower cranes support Trilogy Limassol Seafront project

Two Potain MDT 269 J12s and one MDT 389 L16 tower crane are helping to construct the Trilogy Limassol Seafront in Limassol, Cyprus. The project comprises three, 170 m high luxury apartment towers, together with work and relaxation spaces.

Time-bound projects demand highly efficient equipment

In the current scenario, most of the projects have become time-bound and have to be completed within the stipulated period. Due to this, expectation of the market has also changed especially in road segment.

Innovations from the world of compaction

HAMM is showing itself to be as innovative as ever at bauma 2019. The manufacturer is presenting innovations in all product segments, including a few world premieres.

"Time for technology revolution in construction"

A typical road project that consumed 36-42 months five years ago for concept to completion, now stares at just 18-24 months.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Digital Platform for efficient CE Sourcing

With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

We expect good growth in HD truck segment

The mining and construction segments account for around 30 per cent of total heavy-duty (HD) truck market in India. But the segments have been facing tough times for the last 2-3 years.

On a Brighter Note

The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.

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.

iNDUSTRY empowerS CV dRIVERs

Commercial vehicle (CV) industry is the backbone of the economy and while there has been significant investment and development in the sector, truck drivers are essentially an ignored lot despite the vital role they play.

Budget Reactions | Dalmia Bharat

It is a positive and decisive budget coming especially against the backdrop of the government?s boldest measure of demonetisation. The Finance Minister has spelled out a forward-looking regimen for the infrastructure sector with a total allocation of up to Rs 3.96 trillion.

Asia Pacific Fuelwatch Challenge 2016

During the Asia Pacific Fuelwatch Challenge 2016, drivers demonstrated their competency in vehicle handling at optimal fuel efficiency. For the tenth consecutive year, the Asia Pacific Fuelwatch Challenge crowned its winners in the annual finals of the event.

New Generation Mining Solutions

As Indian economy continues to grow from strength to strength, significant investments are being made to improve the much needed infrastructure of the construction and the mining industries

Craning for Opportunities

From a global perspective, the equipment rental industry in India is in its nascent stage. Currently, the average off take for rental is 7-8 per cent of the annual equipment production in India as against up to 80 per cent in developed countries like UK, South Korea and others.

Motor Graders

Owing to a very high demand, practically all recognized Motor Grader manufacturers of like Caterpillar, Komatsu, Volvo, LeeBoy, Tata Hitachi and others are selling used Motor Graders either directly or through their authorized dealerships, closely followed by organised resellers cum auctioneers like Quippo, Shriram Automall, Gemini Equipments, Infrabazaar and finally at tier III, level by small and medium sized resellers spread all over the country.

Craning for Opportunities

Despite a prolonged dip in demand for the last three years the power sector, especially wind mills and renewed focus on infrastructure, and core sectors like cement and steel are expected to drive the demand for heavy duty cranes.

Eicher Rolls out Pro 6000 Series in West

The Eicher Pro 6000 Series of trucks will meet the needs of most market segments across haulage, distribution, construction, industrial loads, courier and perishables.

India may relax tariffs on auto parts

India is likely to take a ?flexible approach? on tariffs on auto components in the free-trade agreement negotiations with the European Union. The 28-nation block is keen to restart talks on the comprehensive free trade agreement (FTA).

Towering Tall

The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.

Liebherr plans to launch the next model for Indian market

The major demand in India is for the real estate sector, so, 5-tonne capacity cranes are the main demand for this sector. The demand for higher capacity cranes can increase in future gradually but still the 5-tonne capacity crane may have a major demand for real estate sector.

MAIT has developed a special piling rig for railway jobs

The project awarding agencies must come out with a mechanism to ensure that timely payment is made right upto the bottom of the supply chain, ie, to piling contractor as well as hirer.

The marketing wizard

MRV Johnson functions as Chief Marketing Officer of KION India, one of the leading manufacturers of material handling equipment in India, under the firebrand of VOLTAS.

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,

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Maximising Output

Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.

Rail freight hike to impact realty sector

The housing market is a $1.5-trillion per annum industry which is currently little less than the entire GDP of India (currently it is 8 per cent of GDP). According to Lalit Kumar Jain, CMD, Kumar Urban Development and Chairman, CREDAI, globally the housing growth is barometer of the health of the economy.

DGFT eases steel import norms

The Government of India has recently relaxed norms for import of steel and its products. In a notification, the Directorate General of Foreign Trade (DGFT) has said that earlier an exporter was supposed to provide quality certification from the recognised quality certifying body of the country of origin of the product.

The demand for TBMs has been consistently increasing.

In the first project for the Delhi Metro they used only two tunnel boring machines (TBMs), whereas in Phase 3, there are around 25 boring machines on the job, says Kapil Bhatti, Managing Director, Robbins Tunneling and Trenchless Technology India. Excerpts from the interview.

We plan to launch multi-functional man and material handling hoists at Excon 2013.

Spartan has always been a trendsetter in bringing hoists with world class designs and internati?onal safety features. Our multi-functionality approach to hoists has put us in the big league of innovative, value added products, says Vikram Mehta, Managing Director, Spartan Engine?ering. Excerpts from the interview.

Magma is a well-diversified business with six business lines

No equipment group is able to drive growth which is primarily due to the fact that the overall infrastructure and mining segments have been impacted by various factors, says Sumit Mukherjee, National Sales Head, Magma Fincorp. Excerpts from the interview.

What's up doc?

At the 3rd Equipment India conference in September 2012 when I was sharing my views with the equipment captains over coffee, they were apprehensive and I was optimistic.

Centre wants to revive iron ore mining

The Union government is very keen to restart iron ore mining in the country and export more quantity of ore, said Union Finance Minister P Chidambaram on August 22. He added that the government need to find a way to export iron ore. Production of steel is vital for the country's manufacturing sector, he said.

Building the Best Roads

Volvo machines, with their fuel efficiency and robustness, stand out amongst all the others.For all that eastern shoulder of India has an untouched, mesmerising beauty, most of eastern Assam did not have good roads until a few years ago. However, once the roads were in place, there was no turning back.

Case leads the vibratory compactors market with proven models

With over 3,000 units working in a variety of applications ranging from bituminous roads and runways to concrete pavements, the Case 752 model leads the market, says Anil Bhatia, Director Sales and Marketing, Case New Holland Construction Equipment India.

Assam to get 3000-km new roads

Media reports say that the Union Cabinet on July 3 approved a proposal by the Rural Development Ministry to relax norms for Assam so that 1,877 unconnected habitats can get road connectivity under the Pradhan Mantri Gram Sadak Yojana (PMGSY). These habitats, having population ranging between 250 and 499, will now be connected new roads covering a length of 3,140 km.

Getting back on track

Growth prospects in the current fiscal, 2013-1314, were expected to be sluggish, with no clear indicators towards a surge in demand for construction equipment. However, the recent developments in otherwise depressed business sentiments are something to cheer about.

Work on Kochi's Edappally flyover to begin in 4 months

In Kerala's Kochi city, work on the Edappally flyover will begin in four months, the State Chief Minister Oommen Chandy has said. All the paper work would be ready in two weeks? time. The State government would formulate a special package to overcome hurdles in acquiring land for infrastructure projects, Chandy said. The package will include relaxing of building rules for those who surrender land free of cost.

Govt may ease exit norms for road developers

The Union government may relax exit norms for highway developers, a move which will increase mergers and acquisitions in the road construction sector of India. At present, there are limits on the extent to which a lead project developer can exit from a project, with time-based milestones. Relaxation of this norm has been a long-standing demand of developers and the Cabinet may soon take up a proposal in this regard.

NCP suggests govt to go for road tolls in lieu of entry tax

The Nationalist Congress Party (NCP) has said that the Goa government should scrap the recently-imposed entry tax and introduce tolls on major roads in the state like the one going to Calangute, instead of imposing an entry tax at borders.

Volvo dynamic steering

Volvo offers a breakthrough for effortless steering without strain or pain. Just a couple of months after the launch of the new FH series, Volvo Trucks is presenting yet another world-class technical innovation. Volvo Dynamic Steering combines conventional hydraulic power steering with an electronically regulated

Equipment financing: An evolving scenario

While the government is expected to roll out more reforms soon, the key issue is implementation on the ground. If policy issues are addressed and initiatives are implemented, it will give a boost to the equipment financing in India, Infrastructure segment has been witnessing a major slowdown due to various issues around land acquisition and environmental clearances

Waiting for action

The infrastructure segment and sales figures for construction equipment have witnessed a major slowdown in 2012. On a calendar year basis, the market has dipped by 10-15 per cent, primarily on account of slowdown in allocation of new contracts, various statutory clearances on execution side, funds flow, governance and environmental issues in mining segment and real estate slowdown.

Towards a Driverless Future?

Technological advances have made it possible for a vehicle to run without a driver but is a driverless future actually a good one? Volvo Trucks says that making vehicles more autonomous is perhaps not a question of excluding drivers but rather of emphasising their importance.

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