Rajaram Krishnamurthy, Vice President - Marketing & Sales and Customer Services, DICV, shares his thoughts on the market scenario and the company’s strategy going forward.
The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year
L&T has fully conceptualised, designed, developed and manufactured in-house wheel loaders with more than 90 per cent components sourced domestically. Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro, shares more on the market scenario and outlook.
Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.
Eicher Trucks & Buses has launched Eicher Pro 5000 series, a brand new range of heavy duty trucks from 16 tonne to 40 tonne with BS-IV technology. With the launch of this advanced technology trucks range at competitive prices, Eicher Trucks and Buses plans to strengthen its presence in the heavy duty segment and this reinforces our vision of driving modernisation in the commercial transportation.
Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.
Under Blazo series, Mahindra has launched heavy commercial vehicle range including tippers which are equipped with Fuel Smart technology. This is a unique technology which offers its customers unique flexibility to shift the power requirements of tipper depending upon load and terrain.
BorgWarner will supply Visctronic fan drives for BharatBenz heavy-duty trucks. Powered by engines based on Daimler Technology Platforms, these trucks are designed for long-haulage applications.
We are developing multiple new platforms in terms of products and customer engagement initiatives and given our scale, we are in the best position to efficiently integrate our products