On The Roll
The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.
$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.
Eyeing new heights
The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.
An evening to cherish
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
More options than ever
Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.
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.
Taking Machine Control to Next Level
The improvements in the Trimble Earthworks Grade Control Platform Version 2.0 are designed to enable faster ROI, increased productivity and decreased training time for operators.
The focus on skill development is on the rise
L&T Construction & Mining Machinery Business has trained and certified over 10,000 operators and mechanics in the last two years under the RPL4.
Attachments are the wise choice to achieve economy and productivity in a project. However, choosing the right attachment for the right application is imperative for the successful and optimum utilisation.
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.
ON THE MOVE
Off-the-road (OTR) tyres are largely used in vehicles, equipment and machinery employed in agriculture, mining, construction and industrial sectors. Consequently, any changes or fluctuations in the said sectors directly influences the growth of OTR tyre market.
In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.
Compact Road Equipment Market to Grow
Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.
Almost two decades ago, a skid steer machine was connoted as ?Bobcat?, because that was the most popular brand of skid steer machines in the world. The term ?skid steer? stands for turning on its axis by skidding and not by steering the wheels.
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.
Transforming Rural Youths? Future
Started with a mission to provide vocational training for the skills in the construction industry to unemployed youths in the rural area, Pipal Tree Ventures Pvt Ltd (PTVPL) has come a long way since its inception.
Infra Development in North-East Region
Indian Construction Equipment Manufacturers? Association (ICEMA) organised a conference on Infrastructure Development in North East Region, concurrently with ConMac 2015 - an exhibition on construction equipment and technology at Guwahati.
Multiple taxation regime across states to be streamlined
The Central Government can support in overcoming some of the challenges by speedy implementation of a unified GST, greater investment outlay towards infrastructure development, especially in the off-highway sector, and more thrust in skill development through industry-ready educational programmes/vocational courses, says Abhijit Gupta, Managing Director, Case Construction Equipment India.
Steering the Growth
Skid steer, the little cute machine, is steadily carving a niche amidst the Goliaths of construction equipment space. Such a versatile piece of machine when clubbed with a variety of attachments, still has not got its due yet.
Samsung C&T to build exhibition centre in Mumbai
Samsung C&T has signed a contract with Reliance Industries (RIL) for the construction of the Dhirubhai Ambani International Convention and Exhibition Centre (DAICEC) in Mumbai.
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.
Our goal is to be among the top three in the global crushing and screening segment.
Views from P Ramesh, Managing Director & CEO, Wirtgen India: With market shares ranging from 20-70 per cent, Wirtgen Group is the world market leader in mobile road construction and road rehabilitation solution. The company has made it to the top primarily because of its continuous innovation to its product line as the average age of their machines is less than three years.
Innovations and Insights
This year?s CONEXPO-CON/AGG offered a global showcase of the latest product innovations and construction technologies, materials and allied industries, with nearly 1,000 new products and services on display. The Equipment India team, on the grounds of the mega event, met the head honchos of the the construction equipment industry Caterpillar Inc, JCB Group, Terex Corporation, Volvo to get a pulse of what?s trending and the future of the construction industry. Presented here is a pulse of the exp
Rental industry needs a united appeal to the government for rationalised tax structure
The $1 trillion investments outlined by the government in the 12th Five Year Plan, as well as credit limitations are expected to fuel the new equipment rental business.
Dozco promises the outmost quality, reliability and timely after sales services
Dozco supplies hydraulic and rock breakers for excavators of any make from 2 tonne to 140 tonne. We also supply Pulverisers, to demolish concrete roofs, building and other geographical structures. Further, Dozco is also focused on the production of various types of chisels, the most important consumable of breakers.