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Mining opportunities!

Government’s thrust on coal mining is expected to significantly impact demand for mining equipment.

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.

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.

Productive Paver

India is building roads at an unprecedented rate. Since 2014, the country has laid 28,000 km of highways at a cost of nearly Rs 3 trillion. Over the next decade, the country is expected to add 85,000 km more roads under the Bharatmala and Sagarmala infrastructure initiatives.

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.

Underground Challengers

Every underground excavation poses a unique set of challenges. Technically superior and sometimes application-specific, underground excavation equipment challenge the challenges.

The real challenge is logistics when procuring parts from vendors

At our Pune plant, we manufacture the Hamm range of soil compactors and tandem rollers. We will shortly start producing the Vogele pavers and the Kleemann range of crushing and screening plants, says P Ramesh, Managing Director and CEO, Wirtgen India.

On a recovery mode

The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. EQUIPMENT INDIA interacts with some of the major players to get the pulse of the industry.

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