Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.
India?s drive for infrastructure development has already commenced resulting in increased usage of foundation equipment. Their demand is expected to grow further in the coming years.
The project awarding agencies must come out with a mechanism to ensure that timely payment is made right upto the bottom of the supply chain, ie, to piling contractor as well as hirer.
In a highly competitive market space hitherto rigged with challenge, the piling industry has responded positively by developing and launching advanced rigs. The piling technology with latest monitoring features could help increase productivity and reduce overall cost of a project.
MAIT operates directly with customers and we already have our own offices in Delhi, Mumbai, Pune and Chennai. Being a market leader, we are in a happy position where people know our equipment and have been using them for the last 15 years,
In spite of the unfavourable market dynamics, most of the OEMs have adopted innovative strategies to sustain themselves while keeping an eye on the coming boom. Innovative strategies are developed to retain existing customers
Absence of big ticket projects such as greenfield power and steel plant projects, crashed out rental rates and surplus of idling equipment, and the cash flow crisis - the overall scenario of the foundation equipment market from the micro point of view seems to be grim, even though from the macro point of view few metro projects seem to have given a bit of relief to the industry.
Improvements in cost-efficiency, noise control, environmental design and ergonomics - the construction industry is facing such demands on many fronts. The good news is that not only the OEMs.
Mait has been actively involved in helping the clients in business development by way of giving leads about upcoming piling jobs or rental enquiries, providing special assistance in terms of suggesting efficient methodology, selection of suitable equipment, and providing training, too, says DV Brahme, Regional Manager, Mait India.
MAIT rigs are versatile machines that can be used for bored piles, CFA, and diaphragm walls. MAIT also has a range of hydraulic impact hammers for driven precast piles as well as driven cast-in-situ piles, says DV Brahme, Regional Manager, MAIT India.
The foundation has always been the starting point and the most important part of any project. The foundation industry in India though, is still struggling from lack of attention and want of new projects.
Our target is to supply 135 units this year (Jan to Dec) and we expect to grow by 20 per cent for the next five years, says DV Brahme, Regional Manager, Mait India Foundation Equipment.
The market for foundation equipment appears to be quite buoyant with increased demand in the infrastructure segment, particularly in the power, steel, ports and transportation sectors.