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.

A Resounding Success

Gujarat Conex 2023 served as a gathering hub for prominent figures in the industry and policymakers, engaging in discussions aimed at advancing infrastructure development in Gujarat.

Fuelling Innovation

Lubricants are essential to keeping engines and industrial machinery in optimal condition.

Gujarat: One-stop destination for CE players

Gujarat Conex 2023, which will be held from September 21-23, 2023 in Gandhinagar, will be a meeting place for major industry players and policymakers to deliberate on furthering infrastructure growth in Gujarat and India.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

Our solutions increase efficiency reduce carbon footprint

Manojit Acharya, Managing Director, Jungheinrich India, speaks on the company’s approach towards environmental sustainability.

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.

Automation at the Forefront

Companies use automated material handling equipment because it increases productivity and reduces waste, which results in significant cost savings.

The market for hoists has increased by 25 to 30% this year

PV Ramdev, Managing Director, Everest Engineering Equipment, speaks on the segments that are driving the demand for MHEs in India.

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

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

The Versatile Workhorse

Telehandlers can perform a wide range of tasks in various industries.

Powering Machines

Automation and industrialisation are major drivers of demand for hydraulic motors in India.

Steering the market

Skid-steer loaders segment is one of the only few segments that has shown an increase in sales in 2022 as compared to 2021. The enormous growth in the market value of the construction sector will further fuel the nation's high demand for skid steer loaders.

Entering an era of transformation

Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.

Bulk material handling equipment for steel & mining industry

Bulk material handling equipment plays a very important role in metals, mining, and related industries to ensure safe and efficient operations.

Soon there will be a trend of electrification in CE

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products.

Improving Construction Productivity

LiuGong is committed to offering sustainable solutions to its customers, and the company is actively working to reduce emissions, conserve resources, and improve efficiency in the construction and material handling industries

Sooner there will be a trend of electrification in construction equipment

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products

Trident introduces non-directional traction boom lift tyre pattern

Trident specialises in the design, development and supply of application-specific industrial tyres for construction and material handling equipment.

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

Trident introduces non-directional traction boom lift tyre pattern

Trident specialises in the design, development and supply of application specific industrial tyres for construction and material handling equipment.

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

Poised to higher grow

The demand for telehandlers has been increasing steadily, especially from the infrastructure construction and mining segments over the coming years.

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

Optimising efficiency

Choosing the right lubricant is essential in helping to improve reliability, boost productivity and reduce the frequency of breakdowns.

V Sharma of Reach: It is time to make the shift towards battery-operated machines

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

We have a positive outlook on future of power transmissions products

We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

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.

Electric mobility is the segment we focus on most

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

The all-rounder

The skid-steer loader can perform numerous functions with aplomb. These mini versatile machines are used in various industries – from mining to agriculture.

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts.

There is no defined market for telehandlers in any industry

In light of the plans of infrastructure creation and reforms in mining, what opportunities do you foresee for construction equipment? Opportunities for construction equipment like telehandlers in the mining industry are from the very first day of the mining – from mine formation/construction/ infrastructure maintenance/operational duties and up to mining machinery maintenance. The different attachments make the difference. One single machine (telehandler with some common mining attachments like fork, basket, tyre handler hook, etc.) can replace and reduce the workshop gathering of different machines for different jobs.

We are trying to scan India For our global model

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

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.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Bonfiglioli India: Winning through product innovations & tech

Bonfiglioli has been enhancing construction equipment performance, efficiency, productivity, and reliability for more than 40 years.

Reducing friction

The global industrial lubricants market size is projected to reach $ 73.3 billion by 2024, from $ 62.8 billion in 2019, at a CAGR of 3.1 per cent.

Skyjack updates design features in TH Telehandler Series

Skyjack has updated several design features on its TH series of telehandlers in response to customer feedback. The primary goal of these modifications is to reduce field maintenance time and ownership costs.

Skyjack updates design features in TH Telehandler Series

Skyjack has updated several design features on its TH series of telehandlers in response to customer feedback.

MHE in India: What drives the sector

There is high growth potential in material handling industry in India considering the pipeline of opportunities in construction and infrastructures sectors.

The recent MHE market demand is on the uptrend”

Pre-Covid Indian MHE market has shown double digit CAGR since 2014. In-spite of Covid-19 pandemic and business being at standstill for almost four months in 2020, we saw a fast-paced recovery since August 2020, and witnessed the highest ever MHE market in March 2021 and in Q1 2021 which was fuelled by growth in economic activities.

Video Roundtable: Emerging trends in warehousing & importance of MHE

Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.

We are well placed to take advantage of opportunities that India offers

Bonfiglioli India’s solutions are based on a wide range of products, including gearmotors, drive systems, planetary gearboxes and inverters. The company’s Country Manager, Kennady V Kaippally, speaks on the present size of transmission systems in India, and the segments that are driving the demand for these products.

Potain Hup 32-27 continues to win friends & influence equipment choice

Almost five years on from its launch at Bauma 2016, the Potain Hup 32-27 self-erecting crane continues to gain new fans around the world. This acclaim is largely due to its ability to combine typical tower crane operations with replicating many of the tasks performed by smaller, mobile material handling equipment – reducing costs and eliminating excess traffic on jobsites.

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.

There is a lot of pent-up demand in market that needs to be catered to

Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India), elaborates on the company’s activities and the market trends post pandemic scenario.

We are planning to introduce digital dashboards

Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.

We anticipate a quick recovery from the bottom

In a projects ElectroMech has a stated strategy of Cranes & Beyond. Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India), elaborates more on the company’s activities and the market trends in post-pandemic scenario., the ongoing projects simply cannot be stopped and these need to be completed and taken to their logical conclusion. Hence, when it comes to crane orders for big projects under execution, the orders are still being finalised in the industry. The pandemic had put a pause on the entire activity in the market for a few months. However, the market has almost got back to the pre-pandemic days and business seems to be back to normal.

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

ACE President Pradeep Sharma passes away

Pradeep Sharma, President of Action Construction Equipment (ACE), passed away on August 5, 2020.

Apollo Tyres commissions greenfield facility in AP

Apollo Tyres commissioned its seventh manufacturing unit globally, and the fifth one in India

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.

We have a huge focus on Indian market

With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.

Handling It Safe

In spite of the current slowdown in the material handling equipment market due to the COVID-19 pandemic, the market is expected to bounce back soon with new practices of safer handling in warehousing operations.

Nip can change the narrative

The COVID-19 has caused a staggering unemployment of 115.

Complete range of Integrated hydraulic motor gearboxes for mobile solutions

Bonfiglioli provides a complete range of innovative integrated hydraulic motor gearboxes for mobile solutions.

Remote training for forklift operators

RTITB is making theory and driver behaviour training available online for material handling equipment (MHE) operators that need refresher training, but are unable to attend a course for reasons associated with the coronavirus pandemic.

Palletisation Crucial for Logistics and Handling

Palletisation is the most visible aspect of a definite shift towards standardising and professionalising the sector in India, to increase its levels of efficiency, productivity and safety. Anil Lingayat writes.

An Uphill Task

Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.

Over 500 operators have received training in five years

Godrej has ambitious plans to expand its footprint in the training space by opening more training centres across India.

Kalmar contributes to better cargo handling practices

Sustainable, eco-efficient and environment-friendly logistic solutions will be the future of the ports and logistics industry.

B&B Attachments announces distributor in UK

B&B Attachments, a leading material handling equipment manufacturer based in the UK, announced its exclusive distribution rights throughout England and Wales for Griptech high-performance weighing systems for forklift trucks.

Steering Growth

Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.

Liugong is committed to offer best-in-class service to its customers

Liugong is a leading construction equipment manufacturer offering a full line of extreme-duty intuitive machines for construction equipment owners constantly challenged to do more with less.

KION india opens new facility in Pune

Supporting the government's Make in India initiative, KION opened India's largest material handling equipment facility in Pune

BYD India enters MHE business

BYD India, a subsidiary of the China-based EV maker BYD Group, has entered into material handling equipment (MHE) business in India. Currently, BYD is the only company to provide MHE products with lithium-iron phosphate battery in the country.

B&B Attachments to exhibit at ICCX Middle East 2019

B&B Attachments, the leading material handling equipment manufacturer in the UK and Ireland, will exhibit its products and services at International Concrete Conference and Exhibition (ICCX) to be held in Sharjah, UAE.

Customers are shifting to all-round solution

Shell Lubricants has developed next-generation oils and greases for various industry applications, using the best-in-class technology.

Poised to Grow

India's lubricant market is growing up with demand for industrial lubricants on the rise. More infrastructure developments and growth in manufacturing in the coming years will see further demand growth for industrial lubricants.

Making rapid strides

Being the third largest lubricant market in the world and the fastest growing market in the world, Indian lubricant market has made rapid strides in the market by introducing new products and solutions for the customers.

MHE holds enormous growth potential

Despite the relative slowdown in demand in the current fiscal, the market for material handling equipment (MHE) will continue to expand in double digits over the next few years.

Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

Mobilising Growth

B&B Attachments announces new Financial Controller

The UK-based material handling equipment manufacturer B&B Attachments announced the appointment of Scott Little as its new Financial Controller

Godrej Material Handling launches Godrej RenTRUST

Godrej Material Handling announced Godrej RenTRUST, their new equipment rental brand that will provide 360-degree solutions to customers encompassing manpower, machine, fuel and maintenance.

Godrej Material Handling launches Godrej RenTRUST

Godrej Material Handling announced Godrej RenTRUST, their new equipment rental brand that will provide 360-degree solutions to customers encompassing manpower, machine, fuel and maintenance.

Setting New Benchmark

Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.

Recharge to Rebuild!

The manifesto of the NDA points towards building 12,000 km of roads per annum! In 2018-19, even though contracts awarded were to the tune of 15,000 km (against 17,055 km in 2017-18), the figure for roads constructed up to November 2018 has been 5,759 km (against 9,829 km in 2017-18).

A win-win for MHE workforce

Capturing the customer's and stakeholder's mindshare is not only about selling the product, but also about adding value as a whole. Skilling people and inclusive growth are turning out to be key in connecting with customers and creating that mindshare.

Multitasking Enablers

Attachments are the wise choice to achieve economy and productivity in a project. However, choosing the right attachment for the right application is imperative for the successful and optimum utilisation.

From Recovery to Growth

In the past few months, the mobile cranes business has been improving quietly. The market is recovering and moving towards growth.

Good transshipment facilities will drive port sector growth

In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.

We aim to grab 25 per cent market share in five years

ATG has wide range of radial OTR tyres for loaders, graders, dumpers etc and we see a very good response from the market. Harinder Singh, President - APAC, Alliance Tire Group (ATG), elaborates on the market scenario and company's plans.

A flexible strategy is our way to success

At bauma India 2018, BKT focused on all-steel radial tyres and almost 90 per cent products showcased were all-steel radials.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

RIDING ON INFRA PUSH

Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.

Equipment companies exhibiting at bauma CONEXPO INDIA 2018 speak!

CE components market overview

The components, accessories and spares market is all set for a renewed growth in future in the light of increased construction activities.

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.

Equipment Pulse

With the construction equipment market is on a growth path, Equipment India explores the market scenario of construction equipment and allied products and services.

"Customers NOW prefer higher capacity equipment"

With the impending revival of infrastructure sector and the government's definitive focus on growth, sales are expected to rise in the coming days.

We have the proven lubricants and expertise for industry

ExxonMobil has a portfolio of advanced product offerings for the construction, mining and material handling equipment sectors. Glen Sharkowicz, Director of Brand Strategy - Commercial marketing, South Asia Pacific, ExxonMobil, Asia Pacific Pte Ltd, shares more.

Efficient power for Indian mines

Volvo Penta offers vast range of engines for construction, mining, material handling and agriculture equipment globally. Miron Thoms, Vice President & Head, Volvo Penta India, elaborates on the company's India market plans.

Performance lubricants enhance productivity, profits

Construction and mining industries require lubrication solutions that are as durable as their equipment. In an exclusive interview, Deepankar Banerjee, CEO, ExxonMobil Lubricants advises how new generation lubricants can boost efficiency of heavy machinery and equipment.

We see strong growth in infrastructure industry

As one of Asia's biggest material handling solution providing company, ElectroMech is present in more than 55 countries across the world. Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India) Pvt Ltd shares more on the company and the industrial cranes market.

On growth track

Industrial cranes are mainly used in the manufacturing sector to handle loads. The major manufacturing sectors include, steel, paper, automobile, and all engineering product manufacturing.

Escorts-Tadano JV to manufacture RT cranes in India

Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.

Indian CE sales to up 15 per cent

Sales of construction equipment (CE) in India are expected to rise by 15 per cent this year. According to the latest Off-Highway Research data, sales of earthmoving, road building and material handling equipment, along with portable compressors, should reach 90,115 units this year, representing a growth of 15 per cent compared to 78,109 machines sold in 2017.