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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.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

iQuippo launches upgraded financial portal

iQuippo launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

iQuippo launches upgraded financial portal

iQuippo, India?s first digital marketplace for infrastructure equipment, launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

Co-lending and leasing becomes the key tool this year

Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

Concrete Future

Requirement of concrete in construction is expected to increase in the future with a slew of projects in the pipeline in real estate and infrastructure projects.

On Sustainable Growth

Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.

Reaching out to infra needs

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.

CE finance outlook

Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.

Srei Equipment Finance to offer new financing solutions

Srei Equipment Finance will have a big presence at the bauma CONEXPO INDIA 2018 with its stall (O.F35) of about 2,315 sq ft in outdoor pavilion.

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.

Pushing Boundaries

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.

ValvTechnologies appoints new VP

ValvTechnologies, Inc, manufacturer of zero-leakage severe service isolation valve solutions, announced the appointment of Ron Anselmo as Vice President, Key Accounts. Based in the Houston, Anselmo will have senior management responsibility for sales growth through the development and management of executive, technical and commercial relationships for key accounts with major customers, licensors and engineering firms.

Revival on Cards?

India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.

Small Machines, Big Role

Construction minis contribute to mechanisation of the last miles of various construction activities. These can be grouped under concrete, compaction, finishing and many other similar sections.

Equipment Selection | INFORMED DECISIONS

Modern construction and mining activities in India need to be expedited with utmost focus on the highest possible productivity, operational excellence, emission compliance, safety and best-of-class economy. Over the past decade, the market for such equipment has substantially matured resulting in the equipment selectors mooting innovative and prudent ideas while selecting the most suitable equipment fleets commensurate to their company objectives and philosophies.

Terex MPS appoints distributor for Mexico

Hercon Maquinaria SA de CV has been appointed as the full Terex MPS Line Distributor for the Central Region of Mexico. Coverage for this region is now provided by Hercon Maquinaria for new equipment purchases, support for new equipment (including servicing and spare parts).

Terex MPS appoints distributor for Mexico

Hercon Maquinaria SA de CV has been appointed as the full Terex MPS Line Distributor for the Central Region of Mexico. Coverage for this region is now provided by Hercon Maquinaria for new equipment purchases, support for new equipment (including servicing and spare parts). Customers? needs will be met by a fully trained team to provide the world-class levels of customer support.

We expect a CAGR of 10 per cent during 2016-2020 in material handling sector

With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.

Material Handling: Meteoric Rise

Modern warehousing and inter modal logistics industry initiatives in India, have redefined how business is conducted in the country in most industry sectors as well as its geographic regions.

MARC | The Way to Success

Maintenance & repair contract, more popularly known as MARC and more generally termed as full maintenance contract (FMC), has caught the imagination of mines operators in India.

We have 12 LiuGong loaders as on date

Shree Cement is primarily an Indian cement manufacturer, founded in Beawar in Ajmer district of Rajasthan in 1979. It is now one of the biggest cement makers in North India. It also produces and sells power under the name Shree Power (captive power plant) and Shree Mega Power (independent power plant).

Rolling On and On

The used roller market is expected for a demand pick up that structures itself majorly on a kickstart to the road construction projects, writes Samir Malhotra. The Indian used construction equipment market is largely populated

Graded Up

If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.

Engines of Future

Latest environmental norms, best fuel efficiency and low OPEX costs, dictate developments of new generation engines. Latest environmental norms, best fuel efficiency and low OPEX costs, dictate developments of new generation engines.

MARC: The way to success

MARC (Maintenance & repair contract), in the past few years, has caught the attention of many mines operators in India. Maintenance & repair contract, more popularly known as MARC and more generally termed as full maintenance contract (FMC)

Hiring sector to regain top position in rental equipment purchase

Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.

We are launching the world popular F series 5T and 6T wheel loaders.

Capital equipment purchases are done after carefully examining all these costs, like lifecycle costs, cost per tonne of material handled. All offerings keep these in mind and our machines are designed to improve the overall lifecycle and keep the operating costs low so that are able to offer better economics to the customer, says Abhijit Gupta, Managing Director, CASE New Holland Construction Equipment. Excerpts from the interview.

Linden Comansa showcases products at ConExpo

AT the recently concluded ConExpo, Linden Comansa America?s booth received visitors from top construction companies in the US and Canada, as well as many rental companies in the tower cranes and lifting equipment segment. The interest of the visitors focused on the large cranes from the LC2100 series, such as the 21LC750 and the 21LC660, whose turntable was shown in Las Vegas. Both models feature versions with up to 48 tonne of maximum load and are designed to deliver high performances at any ty

Our marketshare has improved substantially in the last six months

When it comes to capacity, product range, manpower and servicing, we are quite comfortable and all geared for the upturn. For the past two years, the situation was really bad but we suddenly witnessed a spurt in demand; orders which used to take months and months for closure were getting finalised faster.

Equipment finance cos optimistic

As with any product that requires a large one-time capital expense, financing is a good way for the construction equipment industry to spark demand and acquire new customers. In 2011, India?s earthmoving and construction equipment (ECE) financing industry was valued at Rs 23,000 crore according to the report titled `Roadmap for Realising ECE Industry?s Long Term Potential` released at Excon 2013.

Equipment Finance Companies are Optimistic on Sales Growth

Bangalore, 23 November 2013: As with any product that requires a large one-time capital expense, financing is a good way for the construction equipment industry to spark demand and acquire new customers. In 2011, India?s earthmoving and construction equipment (ECE) financing industry was valued at Rs.23,000 crore according to the report on ?Roadmap for Realising ECE Industry?s Long Term Potential? released at CII EXCON 2013 - South Asia?s Biggest Construction Equipment Event.

Stalled but Hopeful

In spite of the present slowdown and resultant sluggishness in the CE market, the long- term growth prospects are still intact; and experts view the huge infrastructure deficit as a major growth driver and prudent steps from the government can bring India back on the growth trajectory.

Escorts represents fassi gru, Italy, for its complete range of knuckle boom cranes.

Escorts have had the advantage of first mover. The consequent visibility of Escorts-Fassi cranes are high and the quality of these cranes are extremely good, bringing in the good reviews and repeat business. Our current range of cranes includes cranes from 0.8 Tm to 195 Tm in over 60 models and more than 30000 configurations

Making It Happen

Shriram Equipment Finance Company caters to every possible segment, contributing significantly to the infrastructure development in the country.

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.

India is developing as an attractive manufacturing base for export of CE

In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,

Tough times for C&SE sector

One year ago, to be precise, EQUIPMENT INDIA in its May 2012 issue, came out with a cover story on the growth potential of crushing and screening equipment (C&SE) segment. We interacted with most of the major C&SE manufacturers to get the actual pulse of the industry

Case gives lot of importance to training and developmental programmes.

Case India is gearing up, by investing in all areas of its operations, to provide best value to its customers with a comprehensive product range, says DK Narang, Managing Director, Case India. Excerpts from the interview.How do you assess the current market scenario for construction equipment in general and its growth potential in the coming years.

Financing CE sector

Shriram Equipment Finance offers a variety of financial products to conclusively meet the requirement of all customers and manufacturers/dealers in the construction equipment industry.

Financing CE industry

SEFC offers a variety of financial products for the customers in CE industry. Shriram Equipment Finance Company (SEFC) is a wholly owned subsidiary of Shriram Transport Finance Company (STFC), which is the largest NBFC in the country, with assets in excess of Rs 420 billion under management. SEFC caters to the financing needs of all classes of customers in the fast growing infrastructure industry in the country.

Cat dozers are designed for ease of serviceability

Cat dozers are known for their operator comfort features, excellent visibility and low-effort controls that help improve operator efficiency, Vedhakumar talks about the dozer market and the product and service back-up offered by the company.

Future Promising

The end result of all product / technology trends for dozers should result in enhancing the grading accuracy, increasing operator comfort and offering the most efficient cost structure to customers.

We have exciting product launches planned for this year

LiuGong excavator provides the highest productivity in its class due to effortless hydraulic con?trols, and spacious cabin. Liugong lays lot of emphasis on operator comfort in order to increase operator?s efficiency,

We have exciting product launches planned for this year

LiuGong excavator provides the highest productivity in its class due to effortless hydraulic con?trols, and spacious cabin. Liugong lays lot of emphasis on operator comfort in order to increase operator?s efficiency,

On a momentous growth

The government?s commitment to complete 7,300 km of roads in 2012-13 basically translates to a demand for approximately 39 crore tonne of aggregate. And if we calculate using the example of a 200-tph plant which produces approximately 600,000 tonne per annum,

Higher dosage needed, Doctor!

The recent reduction of repo and reverse repo rates by 50 basis points each (from 8.5 to 8 per cent) for repo rate and from 7.5 to 7 per cent for reverse repo rate) is seen as a welcome development as this initiative may spark off fresh investments,

Your Plant is as Good as Your Software

The construction equipment industry is consistently maintaining a growth rate of around 20 per cent. Infrastructure, construction and material management companies, as well as renting organisations have been investing huge amounts in equipment purchases.

Equipment Financing: Widening the Net

CE financing has definitely picked up and has registered a growth of 20 per cent over last year. Though the industry has not touched the peak levels of 2007-08, it expects to end the 4th quarter on a high and continue the growth story in 2011-12.

The LiuGong D series of excavators is set to meet all challenges

LiuGong has always been at the cutting edge of technology to provide the latest, the most cost- effective solutions and returns-on-investment to the Indian customer.

Companies are expected to invest around $100 to 125 bn in ARMM in 5 years

According to our initial findings, the ARMM industry is a $100-billion opportunity for its service providers over the next five years, says Sunil Kamerkar, Chairman, ARMM Forum.

Excavators Settle In Comfortably

The market potential for hydraulic excavators in India looks to be most promising, as a large number of players have entered the scene. What's more, the boom is expected to last for quite some time. Agith G Antony digs up the facts.