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2030 Goal: 250,000 Excavators!

India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining

CICEE 2023 gets tremendous response from Indian CE rental industry

CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

We expect a growth of 15-20 per cent after the market opens up

The foundation equipment market is driven by vibratory hammers and RCDs besides piling rigs. Surajit Mukherjee, Managing Director, Suretech Infrastructure, shares more on the market trends.

Optimum Equipment Utilisation

Use of suitable equipment with matching features at projects with minimum operating and maintenance cost will help in achieving optimum utilisation of construction equipment.

CIL fast tracking equipment procurement plan

According to reports, Coal India (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 70 billion to bolster production.

Riwal added to JLG distributorship

JLG Industries, Inc., the leading global manufacturer of aerial work platforms and telescopic material handlers, has appointed Riwal as its sole distributor for Croatia, Slovenia, Bosnia and Herzegovina, and Montenegro.

Equipment finance sector to grow at 19 per cent CAGR

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.

We are committed to offer best-in-class equipment and services

As far as procurement of medium to big size mining equipment by key players in the mining industry is concerned, the trend is towards evaluation based on Total Cost of Ownership, Life Cycle Costing, bundling equipment with Full Maintenance Contracts and Guaranteed Parts Consumption contracts.

Government should fast-track the procurement

After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.

We are keen to have machines with reputed past and best technology

We conduct enough field tests and other evaluations of the equipment before going full fledged introduction, says SP Rajan, Head - P&M RREC, L&T Construction

Acquisition cost of equipment is a prime factor considered by procurement.

We seek guarantee from the manufacturer for breakdown attendance and for the availability of the machine for operation, says BB Mishra, Head - Procurement TIIC, L&T Construction.

We procure new and used equipment depends on the scope of utilisation

Simplex Infrastructures is one of the largest infrastructure solutions providers in India and the Middle East having presence in across eight first growing industry verticals.Samar Ghoshdastidar, Technical Director, Simplex Infrastructures, provides an in-depth overview on the company?s equipment procurement procedures.

Good aftermarket culture is the most important credential

We get details and guidance about equipment application from our Director and we explore the options. Equipment category and application wise we have certain brand preferences, but we compare and evaluate with other alternatives also.

Prompt aftersales service is one of the main criteria

The selection of an equipment is done based on the determination of technical suitability of equipment to suit execution methodology. In case standard equipment does not suit certain requirements, then we get it customised to fulfill the ultimate needs.

Sour CE Issue

Essentially, CE selection and procurement is a complex metrics-based decision making activity that requires active involvement of the concerned stakeholders of an organisation.

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