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CRUSH, SCREEN, EXCEL

The crushing and screening equipment market — which is driven by aggregate and construction industries, road projects, and railway lines — is believed to grow at a faster pace.

Chip component plant to get $300 mn expansion in Pennsylvania

The electronics subsidiary of German multinational healthcare company Merck KGaA said it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials hope will help boost the area's appeal to the fast-growing semiconductor industry.

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.

Chennai Port-Maduravoyal expressway sees revival

All decks have been cleared under PM Gati Shakti to revive the stalled Chennai Port-Maduravoyal Elevated Expressway for boosting Chennai’s infrastructure.The 20.6 km double-decker elevated corridor will be constructed with an estimated cost of Rs 5,770 crore.

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.

Wheel loaders can be used in any industry that deals with heavy loads

The construction equipment market has started to revive post the pandemic with increased demand of such machines and rising number of construction projects across the country.

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.

Crushing it!

With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.

We expect the demand to grow for hydraulic excavators

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

One year of lockdown: Real estate sector beating pandemic blues

For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.

The D-factor

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

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

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

Domestic road transportation sector rebounds

The recovery has also been visible across other modes of transportation as well - rail freight traffic and port freight volumes have both reported growth, although the latter at a slower pace than other modes

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Budget focuses on infra to revive economic growth

Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP)

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.

Mining market scenario

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

Caterpillar revives Trial series with new video

The Cat Trial #9: PAC-MAN™ takes on the video-gaming world to celebrate Caterpillar’s 95th anniversary

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?

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.

The industry has crossed the worst phase

The market is now looking at a new dawn with a number of new projects. Shantanu Sinha, Executive Director, Trenchless Toolbox, elaborates on the current market scenario and the company’s plans ahead.

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

Crushers & Screens: Gaining Momentum?

The growing aggregate requirements in the infrastructure projects and the improving mineral mining activities in the country demand crushers and screens in large numbers. But with some roadblocks pose as challenges in this positive scenario, can the crusher segment gather momentum

We are leveraging digital technology in our products and services: Jasmeet Singh

JCB has pioneered the integration of digital technology in its ‘Intelli’ series of construction equipment. Jasmeet Singh, AVP, Corporate Communications & Corporate Relations, JCB India, shares more.

German Machinery Exports to India

VDMA India conducted the VDMA Business Climate Survey to analyse the impact of COVID-19 on the German Mechanical Engineering industry in India.

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.

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.

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.

Jindal Stainless resumes partial operation at its Jajpur facility

Pursuant to the decision of the government to restart the economic activities in a phased manner, Jindal Stainless has resumed operations at its Jajpur plant in Odisha in a phased manner.

Jindal Stainless resumes partial operation at its Jajpur facility

Pursuant to the decision of the government to restart the economic activities in a phased manner, Jindal Stainless has resumed operations at its Jajpur plant in Odisha in a phased manner.

Indian CE Market Overview

In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

LIFTKET revives India base

LIFTKET Hoffmann GmbH has re-established its operations in India with the appointment of Saeesh Nevrekar as the Executive Director at the Indian subsidiary, LIFTKET India which will be relocated to Pune area in the next few months.

LIFTKET revives operations in India

LIFTKET Hoffmann GmbH, an internationally renowned manufacturer of electric chain hoists has re-established its operations in India with the appointment of Saeesh Nevrekar as the Executive Director at the Indian subsidiary, LIFTKET India which will be relocated to Pune area in the next few months.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

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.

We will be displaying 22 new products at Excon 2019

A pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling, Schwing Stetter has manufacturing units in 12 countries including Germany, Austria, USA, Brazil, Russia, Ostrava, UK, and India.

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.

India Construction Festival - 2019

The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.

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.

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.

NMPT to revive its handling facilities

The New Mangalore Port Trust (NMPT) has taken up a slew of initiatives to revive its various cargo handling facilities. Work on a mechanised berth for handling coal is in the final stages and will be ready by March.

Looking for a Turnaround

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.

Operator training is a necessity today

Wirtgen India revived its training school almost one-and-a-half years back to give training in its pavers range. Ramesh Palagiri, Managing Director & CEO, elaborates more on the company's views on skill development and the way forward.

Anarock Retail launched to tap into India?s $700 bn retail market

Among India's leading independent real estate services firm Anarock Property Consultants has announced the official launch of Anarock Retail, a new firm dedicated to tapping into India?s $700 billion retail market via its expert retail consultancy services.

Technology Meets Opportunity

Rs 1.2 trillion investment in roads and highways; extension of 3.17 lakh km of rural roads; 35,000 km highway construction under Bharatmala Pariyojana scheme- it seems that there is a lot slated to happen in the coming years in rural roads and highways.

JCB organises ?Made in Rajasthan? event

JCB India, the leading manufacturer of earthmoving and construction equipment in the country, organised a ?Made in Rajasthan? event at its state-of-the-art Jaipur facility. The event showcased JCB?s commitment to world-class manufacturing in the state.

All set to meet infra growth demand

Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.

Infrastructure Revival to Push CE Growth

The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.

Operator Training: Need of the Hour

These are good times for construction equipment industry. Orders have gone up, thanks to a revival in the economy fuelled by government's affirmative actions to nurse the infra development sector back to health.

We will take small steps to build ourselves

When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.

The Show of Technology Prowess

Excon 2017 is all set to open its floors for the five-day mega technology feast on December 12, 2017. This year marks the ninth edition of the Excon, which has a 17-year strong legacy being organised since 2000.

Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

Revival on Cards?

India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.

Gearing up to meet demand

The Indian construction equipment industry is poised to revive and its rapid growth is boosted by increased investments in infrastructure development. Meritor India is all geared up to meet the burgeoning demands of the industry and construction equipment manufacturers with its strengthened product portfolio.

Concrete Show India to facilitate construction, infra markets

UBM India announced the 5th edition of the Concrete Show India (CSI) dedicated to the construction and infrastructure sector. Covering key areas including roads and highways, housing, airports, ports, power, rail, dams and bridges, Concrete Show India 2017 will be held at the Bombay Convention & Exhibition Centre ( BCEC), Goregaon, Mumbai from May 4-6, 2017.

Budget Reactions | CREDAI Chennai

Infrastructure status to the affordable housing segment indicates that this sector will play an important role in reviving economic growth in the country. This will help developers to obtain cheaper loans from the banks which will significantly boost the government?s target of Housing for All by 2022.

This year we have our technology partner Astec as our co-exhibitor

The current construction equipment industry scenario is essentially a mix of domestic and global developments. On one hand, with the impending revival of the infrastructure sector, sales are expected to see an upward spurt.

Buoyant Future

An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.

Liquidity Boost in Construction Significant for CE

Liquidity boost for construction sector will be the right trigger for equipment industry. Mahesh Singhi elaborates. The construction industry is crucial to the national GDP as it contributes 8 per cent and is the second largest earner of FDI

Soaring SkyWARDS

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.

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.

We need policy for smooth movement of cranes across state borders

In India it is becoming a trend to opt for newer cranes because the selection parameters are stringent and green initiative consciousness with multi nationals

Differential rates of RTO tax and entry tax a challenge

Large number of heavy cranes has entered the market. Companies like Reliance have purchased their own cranes. As such rental would be very difficult when infrastructure development commences within next six to nine months.

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.

Ready for the Big Boom

Large capacity concrete batching plants are to piggyback upcoming 100 new concrete roads and other infrastructure projects. Mass concreting is expected to be a major constituent of upcoming infrastructure projects in roads and highways, railways, sea ports, airports, power plants

Concrete Paving to Flourish

Renewed thrust on building new concrete roads by Indian government spells a boom for concrete paving equipment industry in India. Most of the highway network in USA was built with concrete roads and some

CE Industry Buoyant

It looks like all the initiatives by Narendra Modi?s government to accelerate infrastructure: Bringing in reforms to create ease of business in India

One-time fund to revivelanguishing highway projects

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi approved a one time fund infusion to revive and physically complete languishing national highway projects under the extension of provision available for BOT (Toll) projects to BOT (annuity) projects.

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.

TC Rental Climbing out of the Pit

Over the past two to three years, tower crane (TC) rental market has witnessed a nonstop down ward slump, most significantly driven by slowdown in realty sector. However, some market analysts and the rental players optimistically foresee a slight recovery mainly attributed to increased demand from commercial and industrial sectors, while others are highly pessimistic.

Rs 13,500 cr PPP road projects this fiscal

Government?s renewed focus on PPP has revived developers interest with projects worth about Rs 13,500 crore either awarded or in advanced stages of finalisation this fiscal so far. In sharp contrast, barely Rs 6,300 crore projects could be awarded in 2014-15.

Komatsu has become a household name with the people in earthmoving business

Komatsu products backed by L&T sales and service network is the best combination that a customer can ask for. L&T is in this business for more than 70 years now and not only has the best infrastructure, but also has the best manpower resource in the country.

Positive Indicators

Indicators are hinting that the economic momentum is back in India. The Index of Industrial Production shows capital goods output rose 11 per cent in April and slow moving projects are reviving.

The market situation depends on the market reach

Even though the demand-supply is not in balance and rental rates have dipped, I am hopeful that market will open up and new cranes will be more in demand as against old cranes, says Hitesh Obhan, Proprietor, Ishardas & Sons.

We need policy for smooth movement of cranes across state borders

In India it is becoming a trend to opt for newer cranes because the selection parameters are stringent and green initiative consciousness with multi nationals and even some government organisations

Differential rates of RTO tax and entry tax is a major challenge

There are no trained or licensed operators. It is a lacuna and we have approached the MOT Nitin Gadkari?s office but they do understand our requirement of Operator License.

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.

Is the money flowing again?

Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.

Our products are made with multiple applications in mind

We have introduced productive and cost-effective products in the market and we also have worked on bridging the product portfolio gaps to meet the demands of niche segments

Portable Energy Solutions

High power deficit coupled with significant economic growth potential will drive the growth of portable power market. Portable energy solution plays a major role in verticals such as construction, mining, exploration and oil and gas.

Ready for Long Haulage

COMMERCIAL vehicle industry experienced one of the worst and the longest spell of recessions during last three years. However, the good news is that it is reviving now. The heavy-duty (HD) trucks industry hit the peak level in 2011 with a sales of 241,000 and it dropped to 130,000 in 2013.

Gaining Momentum

A renewed thrust on coal mining, coupled with plans to implement more projects in various infrastructure segments at a faster pace has rekindled the growth prospects of tyre industry in India. Major tyre manufacturers are busy introducing innovative products and scaling up volume to meet the expected demand in the future.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

Light at the End of the Tunnel

The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years. However, with a new stable government in place, infrastructure development is expected to be back on the fast track soon.

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