The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.
The theme S.Af.E.R. stands for -- S: Sustainability; Af: Alternative Fuels; E: Electrification; and R: Rentals. The underlying premise of the theme is that integrating energy-efficient equipment and energy-saving technology in sustainable development initiatives can drastically cut energy use and harmful emissions.
With the construction equipment industry being the primary stakeholder the infrastructure sector is an economic driver and is poised to play an important role in propelling the country’s overall growth and development
The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.
C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.
“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
Tata Hitachi pioneered the mini excavator market by introducing the first indigenously developed 2T TMX20, way back in the 1990s. Rahul Shorey, Head Sales – Construction, Tata Hitachi Construction Machinery Co, shares more on the market trends.
Given the grievous COVID-19 pandemic impacting the overall economic activities in the country, various industry organisations had sought government support by way of financial stimulus and other policy-related initiatives.
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.
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.
The Annual EQUIPMENT INDIA Awards are here again. In its sixth edition, the Annual Awards to be held on October 25, 2018 in New Delhi, will honour the top performers of construction equipment industry.
JCB has 15 operator training centres across India and trained about 25,000 people so far. Jasmeet Singh, Head - Corporate Communications and External Relations, JCB India, elaborates more on the importance of operator training and the company's initiatives.
Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.
Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.
JCB wheeled loaders are known for productivity, reliability and efficiency. These machines are primarily used for loading, unloading and bulk material movement in sectors such as mining, quarry and crushers etc.
In today's scenario of globalisation, it is important that the buyers put weightage on value for their money and hence prefer quality equipment with advanced technology and customisation.
Economic slowdown has impacted the Indian construction equipment industry over the past two years. The short-term economic outlook in India may seem unfavourable, however the medium to long-term economic prospects look encouraging.
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.
Steel and metals play a major role in the construction industry. Alireza Moghaddam explains on the use of metals in construction and the new trends and the emerging market opportunities.
The Indian construction equipment industry is poised to revive and its rapid growth is boosted by increased investments in infrastructure development. Meritor India is all geared up to meet the burgeoning demands of the industry and construction equipment manufacturers with its strengthened product portfolio.
UBM India announced the 5th edition of the Concrete Show India (CSI) dedicated to the construction and infrastructure sector. Covering key areas including roads and highways, housing, airports, ports, power, rail, dams and bridges, Concrete Show India 2017 will be held at the Bombay Convention & Exhibition Centre ( BCEC), Goregaon, Mumbai from May 4-6, 2017.
BAUMA CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction machinery is being held for the fourth time from December 12 to 15, 2016 at the HUDA grounds in Gurgaon near Delhi.
As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.
Since its entry into the construction and mining equipment industry in India, Larsen & Toubro has made rapid strides to become one of the leading companies in the industry with its products and innovations. Arvind Garg elaborates.
According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry
Sanu George has been appointed as Business Head for SDLG products in India. He will be responsible to further strengthen the footprint of SDLG?s brand position in Indian construction equipment industry.
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.
The takeaway was simple. Every Equipment India (EI) Award winner had one person to thank above all: the customer. Dedicating the Equipment India Person of the Year award to over 1,500 employees, over 8,000 customers,
A veteran in the construction equipment market, RS Oberoi, Proprietor, Venus Construction Equipment, has an overall experience of 36 years in marketing, out of which last seven years has been in marketing of medium size construction equipment.
The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t
Rajesh Kawoor, a Mechanical Engineer with specialisation in International Trade, has 27 years of experience in construction and mining equipment industry. He has taken up many challenging assignments in his career span of 27 years but the most challenging was to set up a firm base for one of the internationally renowned construction equipment manufacturer. He was instrumental in initiating business in India and responsible for development of infrastructure and establishment including the setting
It is a clich? now that the infrastructure sector is a critical enabler for sustaining economic growth as well as for ensuring its inclusiveness. This alone could enable a two per cent growth in GDP.
In view of the government's resolve to contain the fiscal deficit within the planned target, it will be difficult to spend heavily on infrastructure at the moment; however, the situation is expected to improve after the 2014 elections
Poised to become the third largest market for construction equipment, India is now a major hub for manufacturers globally. The Indian industry, to its credit, has also remained ahead of the demand curve and has brought in the latest technologies and a variety of equipment to fit all sorts of applications. A report on the first-ever Equipment India Awards held in New Delhi on 14 November 2013...
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.
Owing to the overall slowdown in the Indian economy, the current fiscal year has been bit sluggish for the construction equipment industry. The industry will gain momentum if the government starts implementing the delayed projects and carries out active review and monitoring to ensure timely completion.
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.
We deliver fuel efficiency across all elements of our machines via our engines, systems, and future technologies while increasing the productivity for our customers, says Rohit Punjabi, General Manager (Strategy Development), LiuGong India. Excerpts from the There is a tremendous potential for the construction equipment industry, given the infrastructure deficit in the country. Indian construction equipment industry is expected to grow at a compounded rate of 21 per cent. interview.
Even though the road sector in India continues to face multiple challenges, a strong pipeline of projects supports long term prospects. Around $180 billion investment is earmarked for the road sector, which is the highest ever investment for any Five Year Plan, and this should have a very positive impact on the construction equipment industry. The prime factor favouring the growth of the road equipment industry is the sheer scale of work still to be done in this sector.
Our entire range of products is engineered to be environ?mental-friendly; they are desig?ned in a way that they consume less energy and so, are more economical; moreover, they have a safety certificate under CE marking, says KK Taparia, Deputy Managing Director, Universal Const?ruc?tion Machinery & Equipment.
Hyundai launches its heavy-duty excavator RC 340L in India. Hyundai Construction Equipment India (CEIPL), a subsidiary of Hyundai Heavy Industries, Korea, launched its R340LC-7 heavy-duty excavator at Excon 2011.
With over 220,000 sq m of display area and participation of over 630 exhibitors, including 200 foreign companies, Excon 2011 exceeded expectations as the largest exhibition on construction equipment in South Asia.
We will showcase at Excon, the Telebelt TBS130 used for big infrastructure projects like power dams to convey concrete which is too rough to be pumped, says Michael Schmid-Lindenmayer, Managing Director, Putzmeister Concrete Machines in an interview to Equipment India.
Many companies are setting up manufacturing facilities in India, as the country is increasingly becoming a global manufacturing hub. A large and growing domestic market, lower manufacturing cost,
We will show our most comprehensive product range of concrete pumps at Excon 2011. These are our full range of trailer pumps and our high tech boom placers,says Michael Schmid Lindenmayer, Managing Director, Putzmeister Concrete Machines
Out of $ 2.3 billion construction equipment sold in India, just seven per cent is sold to rental companies, which is low compared to the global average of 50 per cent; in China, it is approximately 35 per cent, in USA 65 per cent and in Japan, it is 80 per cent.
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.
Even as the American and European markets continue to languish after the global economic crisis, the world is looking towards the BRIC nations (Brazil, Russia, India and China) to lead the recovery.