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Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

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.

At CASE, our backhoe loaders are replete with advanced features

Backhoe loaders are one of the most popular and in demand construction equipment currently, accounting to nearly 65 per cent of the construction equipment segment in India.

Kirloskar unveils ‘Limitless’ mission for subsidiaries to enhance experience

Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries have undertaken a refresh of their respective business vision.

Kirloskar Group unveils 'Limitless' mission for subsidiaries to enhance customer experience

Kirloskar Group introduced Kirloskar 'Limitless' mission to transform Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries and undertaken a refresh of their respective business vision.

Vedanta rolls out lucrative scheme for MSMEs under ‘Saathi’ programme

Vedanta, India’s leading producer of metals and oil and gas, has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week.

BEML rolls out mechanical minefield marking equipment

BEML Limited, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical Minefield Marking Equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.

BEML rolls out mechanical minefield marking equipment

BEML, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical minefield marking equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

Service sourcing strategies will lead transformation of Indian logistics ecosystem

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.

We see healthy growth for CE industry in coming years

ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, piling rigs, forklifts, warehousing equipment, tractors, harvesters and other agri machinery.

1st IIEF lauds innovations in 5 categories

Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

Stainless steel production declines by 19% to 3.17 MT in CY2020: ISSDA

India remains second-largest producer globally despite a challenging year.

BEML to showcase aerospace products at AERO INDIA 2021

BEML is showcasing some of its prime products during AERO INDIA 2021, the biennial mega Aero exhibition, being held in Bangalore, from February 3-5, 2021.

Stainless steel industry seeks import duty cut on key raw materials

The Indian stainless steel industry has urged the Union Government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22.

Stainless steel industry seeks import duty cut on key raw materials

ISSDA seeks exemption of the 2.5 per cent basic customs duty levied while importing key raw materials

Trending mining equipment and features

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

Industrial Cranes: Looking for a Turnaround

Industrial crane market is back to pre-pandemic levels thanks to pent-up demand. An analysis of where the opportunities lie.

L&T Construction bags mega contract of India’s first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

The mantra of self-reliance

After months of speculation on GDP numbers, the results have confirmed our worst fears: our economy is suffering from a serious malaise.

Govt aims to make India a construction equipment manufacturing hub: Gadkari

Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways said that the government is targeting at making the country a manufacturing hub of construction equipment in the world

BEML’s Industrial Design Centre inaugurated

BEML’s Industrial Design Centre (IDC) located at its Bangalore Complex was inaugurated by the Union Defence Minister Rajnath Singh

Crushers & Screens: Gaining Momentum?

The growing aggregate requirements in the infrastructure projects and the improving mineral mining activities in the country demand crushers and screens in large numbers. But with some roadblocks pose as challenges in this positive scenario, can the crusher segment gather momentum

We provide customised solutions for different applications

Customers are looking for more reliable and compact solutions which can survive difficult operating environments. Harsha Kadam, CEO, Schaeffler India and President (Industrial Business), shares more on the application trends in bearings and the market scenario.

Our products are designed with no-contact features

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.

Tata Motors provides holistic support to transport ecosystem

Tata Motors has been comprehensively supporting the transport ecosystem to ensure all necessary supplies remain uninterrupted and seamless, nationwide

SBI sanctions Rs 150 billion loan to MSMEs

State Bank of India has approved Rs 150 billion loan to MSMEs and disbursed Rs 87 billion

MSMEs hold key in India’s economic revival: NRI report

The latest report by Nomura Research Institute (NRI) Consulting & Solutions India highlights the role of MSMEs in the revival of Indian economy, and the need for adequate support

We expect more packages from the government

Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.

We plan to expand our facility to cater the growing demand

Aerial work platform (AWP) provides complete safety to work at heights. Daedalus is a company that provides AWP products and solutions indigenously.

NCL sets up SARAS to promote innovation

Coal India's flagship subsidiary Northern Coalfields (NCL) has set up the Science and Applied Research Alliance and Support (SARAS) to promote innovation, R&D and skill development along with improving the company's operational efficiency and utilise resources at optimum level.

Srei Equipment Finance, UCO Bank announce strategic alliance

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India's premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

Srei Equipment Finance, UCO Bank to co-lend through iQuippo platform

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India?s premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

NCL sets up SARAS to promote innovation and R&D

Coal India?s flagship subsidiary Northern Coalfields (NCL) has set up a centre named Science and Applied Research Alliance and Support (SARAS) to promote innovation, Research & Development (R&D) and skill development along with improving the company?s operational efficiency and utilise resources at optimum level.

Weld India 2020 to showcase innovations

The Indian Institute of Welding (IIW) - India?s Mumbai Chapter is hosting the fifth International Welding Congress and 13th Weld India Exhibition of the country in association with the International Institute of Welding from February 6 to 9, 2020 in Navi Mumbai on the theme: Advanced welding technology and quality systems for developing economies.

Excon 2019 to demonstrate smart technologies for infra growth

Confederation of Indian Industry (CII) will unveil the 10th edition of South Asia?s largest construction equipment (CE) trade fair Excon 2019 tomorrow in Bengaluru.

Srei Equipment, United Bank to jointly offer loans

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), partnered United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.

Govt takes note of CERA?s demands

The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services

Aiming at Efficient and safe transport system

The new Motor Vehicles (Amendment) Bill 2019 is expected to provide an efficient, safe and corruption-free transport system in the country.

Building smart machines and factories

The Innovation Day conference held in Ahmedabad was insightful with dedicated focus on smart manufacturing.

Srei, Oriental Bank of Commerce sign pact

Srei Equipment Finance and Oriental Bank of Commerce announced a strategic alliance to offer loans for purchase of equipment under a co-lending arrangement. iQuippo, a Kanoria Foundation initiative, will facilitate sourcing of loans under this program.

Srei Equipment Finance and Bank of Baroda in strategic alliance

Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.

IPF Industrial Excellence Awards 2018

The 47-year-old Industrial Products Finder (IPF), published by ASAPP Info Global Group, presented its third IPF Industrial Excellence Awards on December 13, 2018, at NSE, Bandra-Kurla Complex, Mumbai.

Hallelujah! It's raining orders

The larger picture of various market researches shows growth for the construction equipment (CE) industry.

BEML, HEC join hands for mining equipment

BEML Ltd and Heavy Engineering Corporation (HEC) Ltd will jointly manufacture and market heavy engineering and mining equipment in India. A memorandum of understanding (MoU) to this joint initiative has been signed recently by the two companies.

AMTEX 2018 showcases technological innovations

AMTEX 2018, the biennial machine tools and engineering exhibition in India themed on Man, Machine and the Future held at Pragati Maidan, New Delhi.

Budget 2018-19: Infrastructure, Rural Development key

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.

Digital disruption in CE space

Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.

A Constructive Budget

The construction equipment segment in India has something to cheer about from the Budget measures such as more fund allocation to rural roads and highways construction, and announcement of infrastructure status to affordable housing.

Budget Reaction | Schwing Stetter

There are many positives in this year?s Budget. Sufficient thrust has been given for the sectors across Transport, Infra-structure development including rail road, highways, PMGS program etc. Reduction in the holding period for long term capital gain from 3 years to 2 years and advancing the base year for calculating the indexation for cost of acquisition from 1981 to 2001 are most welcome and could provide a boost to the real estate sector.

Budget Reaction | Kotak Mahindra Bank

There was a lot of anticipation and apprehension about Budget 2017. There was enough to satisfy those anticipating, and relief for those who were apprehensive. The big push to expenditure for farmers, rural sector, affordable housing and infrastructure will give a fillip to growth and employment.

Rajya Sabha passes GST Bill

Stepping closer to the concept of ?one nation, one tax?, Rajya Sabha passed the Goods & Services Tax (GST) Bill. The constitutional amendment will enable both the Centre and the states to simultaneously levy the GST, which will include all indirect taxes currently levied, including excise duties and service tax.

National Capital Goods Policy 2016

The National Capital Goods Policy 2016 has been the talking point for some time now. It is a policy that is not short on intent. It is conclusive but not entirely comprehensive. Some critical elements have been surprisingly left out.

A Platform for Used Machinery

UMEX is the only exhibition catering to used machinery segment in Asia. The exhibition was visited by leading luminaries of the industry and senior government officials.

New Expectations

The new government has just sworn in at the Centre, driving new hopes in the industry. DK Vyas pens down the wish list of expectations from the new government.With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister (PM) will be able to lead the economy out of the low growth era through decisive governance.

Expectations from the New Government

Devendra Kumar Vyas, Chief Executive Officer at SREI BNP Paribas pens down the wish list of expectations from the new government. With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister will be able to lead the economy out of the low growth era through decisive governance.

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.