Construction and mining machinery operate in extreme conditions of weather, terrain and environment. They need to withstand these odd conditions and perform the task with minimum downtime.
Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.
More than 95 per cent of ELGi’s portable air compressors are powering drilling operations. Rajesh Premchandran, Director – ISAAME (India, South Asia, Africa and Middle-East), Elgi Equipments, shares more.
While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.
In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.
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.
The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.
Crawler cranes market is looking for a revival after a sluggish performance over the last few years. The market will rely on the budget proposals for the National Infrastructure Pipeline for the coming years.
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.
Asphalt is regaining traction in the Indian road construction due to its better recyclability and the freedom to use waste materials like plastics along with asphalt mix. The future looks greener for asphalt mixing plants.
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.
A booming construction industry across the globe is expected to propel the demand for piling equipment and supplies necessary in pile foundation work.
Founded in 2001 in Breganze, Italy, MB Crusher is the world leader in production and supply of attachments - crusher and screening buckets, drum cutters and grapples - for excavators, loaders, backhoe loaders and skid-steer loaders.
Ajashy Engineering manufactures quality offshore and onshore cross country pipeline equipment, special attachments for construction equipment, diesel bowsers, lighting masts and mobile service vans in India.
The global compact track loader market is anticipated to reach a market size of US$ 4,461 million by 2028, as per a Fact.MR research study for the forecast period of 2018 to 2028.
During 2018-2026, the global revenue of loader crane market is anticipated to expand at a steady CAGR of 4.6 per cent and reach a valuation of $2,083.6 million by the end of 2026, according to a report by Persistence Market Research.
According to 6Wresearch, India variable frequency drives (VFD) market is projected to grow at a CAGR of 6.1 per cent during 2019-25. In India?s VFD market, AC drive market captured the highest revenue share in 2018.
Elofic has developed a complete range of filtration products that helps its OEMs to meet BS-VI standards. KD Sahni, Vice Chairman cum Joint Managing Director, Elofic Industries, sheds more light on the products and solutions that meet the upcoming demands.
Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.
Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.
With four facilities for manufacturing hose assemblies, tube assemblies, hose fittings, adapters and fabricated parts Uniflex looks forward to further modernize and expand its facilities.
Capturing the customer's and stakeholder's mindshare is not only about selling the product, but also about adding value as a whole. Skilling people and inclusive growth are turning out to be key in connecting with customers and creating that mindshare.
Self-loading concrete mixer (SLCM) market is upbeat and the Argo model can be a panacea in the concrete life to many odd jobs of varied concreting applications.
Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.
The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.
Kalmar has been pioneer in many path-breaking technologies in port handling solutions. Praveen Waychal, Director - Solution Sales, India Region, Cargotec India, elaborates on the Indian port scenario and the latest container handling solutions.
In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.
Ports sector in India is gaining momentum with steadily growing cargo traffic and the expansions progressing at various ports. Development of new ports add to this momentum. Port equipment players are looking at this trend positively.
According to a GlobalData research report, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3 per cent in coal production over the next four years.
The two-day cement expo inaugurated in Hyderabad on December 20, 2018, witnessed the participation of over 200 decision-makers, 80 brands and 1,200 visitors, besides various industry bodies.
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.
CASE Construction Equipment, a brand of CNH Industrial, inaugurated its first showroom in Faridabad. Spanning across an area of more than 5,000 sq ft., the facility is the first company owned.
Industrial lubricants play a major role in improving the operational efficiency productivity of an equipment. Currently, the demand is for thinner lubricants that provide longer oil drain intervals.
Construction and mining equipment demand high performance lubricants that can withstand severe weather and geographic conditions. These equipment work in harsh conditions, involved in handling of heavy loads, high temperature conditions, and are open to excessive wear.
Construction and mining industries require lubrication solutions that are as durable as their equipment. In an exclusive interview, Deepankar Banerjee, CEO, ExxonMobil Lubricants advises how new generation lubricants can boost efficiency of heavy machinery and equipment.
Elofic offers filters for fuel, oil and air segments which help the equipment to achieve the required emission and performance levels. MB Sahni, Chairman-cum-Managing Director, and KD Sahni, Vice Chairman-cum-Joint Managing Director, Elofic Industries Ltd, share more on the company and the industry scenario.
Construction and mining machinery operate in extreme conditions of weather, terrain and environment. They need to withstand all these odd conditions and perform the task with minimum downtime.
Eicher Trucks & Buses, part of VE Commercial Vehicles, has bagged an order for 350 heavy duty trucks from Bangladesh Road Transport Corporation (BRTC).
Road Transport and Highways Minister Nitin Gadkari informed in Lok Sabha that projects for constructing 6,320 km of road have been awarded under the first phase of the Bharatmala project, with the financial implication estimated to be Rs 1.44 trillion.
Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.
Bearings for construction and mining applications have seen innovative developments in the recent times. With the construction and mining equipment market is growing, the momentum of innovation in bearings is to pick up in the coming days.
According to a 6Wresearch report, the UAE construction equipment (CE) rental market has registered substantial growth as a result of increasing construction activities as well as strengthening commercial, hospitality and residential sectors.
Eternity Industrial Batteries (India) offers the complete range of batteries for material handling equipment applications. Aman Chadha, Managing Director, shares more on the company and the industry scenario.
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.
Boom pump is a good investment for large projects like the Metros, airports irrigation projects and other high-rise infrastructure and real estate projects. These massive pumps shorten the duration of project completion, reduce downtime and labour costs.
According to a ResearchAndMarkets.com report, the construction equipment market in India is to grow at a CAGR of 6.8 per cent during FY2018-24, on account of the country?s expanding construction industry.
We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.
The upswing in construction equipment market in the last two years has created new opportunities for equipment finance market. Leading finance players are keen on the growing trend of the infrastructure market in India that has helped the construction equipment market for a turnaround after a rough patch till 2016.
Diesel engines are the major source of power for various machines which are utilised in construction, agricultural, automobile and industrial verticals. Major demand for diesel engines is generated from automotive industry, followed by commercial vehicles, agri equipment, construction equipment.
The growing construction market coupled with development of industrial and commercial applications including manufacturing, service sector and events have buoyed the growth of diesel generator rental market in India.
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
Construction equipment today not only makes it easier to complete the project at hand, but also ensures the efficient use of labour, time and money. About 30-35 per cent of money involved in construction is dedicated towards procurement of good machinery and equipment.
At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.
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.
Embassy Industrial Parks, a joint venture between Embassy Group, India?s leading property developer and Warburg Pincus, a leading global private equity player, has signed Mahindra Logistics, one of the leading 3PL logistics firms in the country, as its client in their project based in Chakan, Pune.
Warehousing industry in India needs innovative approach to achieve improved efficiency. Asim Behera explains more on the current scenario and the importance of advanced innovative warehousing solutions to meet the emerging demands.
OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc
The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).
The infrastructure and construction business as a whole, is poised to exceed $350 billion in a while, growing at a CAGR of 6.5-7 per cent over various sectors. But naturally, we also foresee an upward trend in the sales of construction equipment, as the market is expected to grow at a record high in the next 2-3 years, driven by the government's focus on infrastructure development.
The government has estimated a total infrastructure spending of about 10 per cent of GDP during 2012-17, up from 7.6 per cent during the 2007-12 period.
Government of India has given impetus in fast tracking various infrastructure projects, especially in road, railways, ports and airports sectors. There are also large irrigation projects under construction in Andhra Pradesh and Telangana states.
Equipment working at mining sites need to perform reliably and efficiently, without major breakdown and other issues. Safe and efficient operation is imperative for mining equipment to increase productivity and safety in mining operations. Lubricants play a major role in this by minimising wear and tear of machinery parts and safeguard the equipment in the harshest conditions.
Equipment downtime cannot afford in mining operations as in most cases, mining sites are in remotest of locations and it may consume a lot of time in maintenance of the equipment.
Container volumes at non-major Indian ports have registered a combined CAGR of 20 per cent (from 1.7 million TEUs to 4.5 million TEUs) for the last five years (2012-17) as against a meager CAGR of 2 per cent (from 7.7 million TEUs to 8.4 million TEUs) by major ports in this period.
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.
To support commercial vehicle (CV) manufacturers in meeting current and future emissions regulations, BorgWarner has developed an economical new series of multi-platform exhaust gas re-circulation (EGR) coolers featuring a compact floating core.
Coal India Ltd (CIL) has planned to invest Rs 8,500 crore as capital expenditure in 2017-18 and has further planned to invest Rs 6,500 crore in various projects.
Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.
In its recently published report on the 5-30 hp diesel engine market, 6WResearch said that the 5-30 hp diesel engine market in India is expected to witness substantial growth primarily due to high utilisation in agricultural and commercial sector.
In its recently published report titled ?India Diesel Genset Market (2018-2023)?, 6Wresearch highlights manufacturing and infrastructure development activities to drive the growth of diesel genset market in India in the coming years.
Bearings fulfill a number of important functions, starting with their ability to reduce friction. Other primary functions include supporting a load, promoting the efficient transmission of power and ensuring alignment is maintained.
ELGi Equipments, one of the leading air-compressor manufacturers in India, announced their plans to become World No 2 in the global market by 2027. The company also unveiled their new brand identity with a new logo and colour scheme for it?s entire product range.
The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.
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.
The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.
TCIEXPRESS is a specialist and leader in express distribution in India. PC Sharma, CEO and Whole Time Director, shares more on the company and the express logistics industry in India.