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ICEMA reports 5% increase in CE sales to 28,902 units for Q1 FY25

The CE industry had sold 27,577 units in the same period of the previous fiscal.

Indian CE Sales Rise YoY

Indian Construction Equipment industry sales recorded 5 per cent YoY growth; 31 per cent MoM degrowth in April 2024.

India’s CE Sales Surge 26% in FY24

With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections.

The Crushing Evolution!

What are the key criteria sought by operators of crushers and screens? And how do modern models differ in their features and capabilities?

Navigating the future

Ongoing advancements in technology, including the integration of IoT, AI, and automation, are revolutionising the construction and mining equipment market.

Construction equipment industry anticipates 14-15% revenue surge

According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.

We are actively focusing on digital solutions and telematics

In this insightful interview, Wayne Van Antwerpen, Group Crusher Technology Product Manager, Terex Material Processing, discusses the complex landscape of product development in the crushing industry. Wayne sheds light on how innovation, adaptability to regional needs, and sustainability are shaping the future of Terex Material Processing.

CE sales cross one lakh unit mark in FY2022-23

The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23

YoY 28.5% growth in domestic sales, 3% growth in exports

BKT to launch two new ‘Made for India’ EARTHMAX tyres

Balkrishna Industries (BKT) the Indian multinational company and global player in the off-highway tyre market will be participating in the bauma CONEXPO India 2023. Armed with a strong R&D, BKT will be launching two tyres under the sub-brand EARTHMAX at the bauma CONEXPO INDIA.

MB Crusher to showcase crusher buckets at Bauma Conexpo India

MB Crusher’s machines are compatible with all brands and models in the excavator segment.

Diamond Mowers’ new mulcher for mid-sized excavators

Two new mulching heads designed for mid-sized excavators and tractors were recently rolled out by Diamond Mowers.

CEMCO celebrates its 60th anniversary

Jennifer Hise-Trujillo is named company's new president

CE export witnesses 60% growth in FY22

According to the Indian Construction Equipment Manufacturers Association (ICEMA) the export of construction equipment has increased by 60 per cent in FY22 with earth-moving equipment witnessing 69 per cent growth in the last fiscal year.

NIP can make CE tick

As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.

Indian construction equipment industry growth slumps in Q3FY22

On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.

Terex GM: There is shift in demand towards modular crushing solutions

Amol Sinha, General Manager, Terex India, speaks on segments that are driving the demand for crushing and screening equipment.

MAJOR welcomes new authorised dealer in Africa

MAJOR announces the appointment of Manganese Crushtech Systems, a leading supplier of material processing capital equipment, as its new aggregate and mining screen media authorized dealer in Africa.

Genie launches E-Drive across GS scissor lifts range

Genie® announced the new E-Drive system, an optimised AC electric drive system, available across its entire line of GS™ slab scissor li s.

MAJOR appoints new dealers

MAJOR announced the appointment of Premier Equipment, a leading supplier of material processing systems, as its new aggregate and mining screen media authorised dealer.

MAJOR appoints new dealer

The company will serve customers in Connecticut, Massachusetts and Rhode Island.

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

There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran

While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.

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.

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.

Aggregate Boom,Policy Gloom

Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.

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.

Blasters go hydraulic

Australian Pump Industries? range of heavy-duty hydraulic drive high-pressure cleaners with pressures up to 500 bar (7,300 psi), have played a vital role in the drilling industry.

Terex aligns Fuchs with Materials Processing division

Terex Corporation continues to implement a series of strategic moves and investments to better position its purpose-built Fuchs material handler business for global expansion and sales growth.

Terex aligns Fuchs with Materials Processing division

Terex Corporation continues to implement a series of strategic moves and investments to better position its purpose-built Fuchs material handler business for global expansion and sales growth. Recently, the business was rebranded ?Fuchs ? A Terex Brand? in key markets for consistent global brand recognition.

Back on Track!

The Indian mining and material processing industry, along with other bulk material handling operations like coal loading or bulk handling at ports, and aggregate processing in roads, is already on a fast track growth trajectory in India, thereby driving the demand.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Make In India Week

Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Our machines are not only made in India, but also made for India

Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.

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