Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022
L&T Construction & Mining Machinery hit a new milestone with the commissioning of 1000th Komatsu PC210-10M0 Hydraulic Excavator recently.
Globally, Caterpillar has more than 95 years of product support expertise, a large installed base (approximately two million assets), and a robust worldwide dealer network serving 193 countries with approximately 160,000 employees.
bauma CONEXPO INDIA, the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, and Construction Vehicles, will not take place this year.
Titan International has added a new size to its STL3 lineup of tyres for articulated dump trucks, wheel loaders and scrapers. The new size, 875/65R29, was added at the request of customers in the construction, mining and quarry industries, the company says.
L&T’s Construction and Mining Equipment business manufactures, distributes and provides after-sales support for construction and mining equipment for diverse industries and applications.
The Confederation of Indian Industry (CII) organised the well-established IMME series, this time as IMME 2020 virtual mining exhibition between 2 December 2020 - 1 February 2021.
The Cat 657 scraper offers a 7 per cent increase in fuel efficiency and a 21 per cent increase in the cab interior over its predecessor 657G, according to Cat.
Hyundai Construction Equipment launched the upgraded series of excavators under the series name SMART PLUS and new Global colour to strengthen the brand positioning in India and Export market.
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.
Gmmco Ltd and Caterpillar Inc launched the new generation motor Grader SEM 915 on January 20, 2021. The event was hosted online and had enthusiastic participation from customers.
Rolls-Royce’s MTU Aiken manufacturing facility is celebrating its 10 years of successful operations. Th e 395,000-sq ft campus, which produces MTU-brand off -highway diesel engines, opened in the fall of 2010 when the company decided to move its manufacturing operations from Detroit, MI to Graniteville, Aiken County, SC.
XCMG has delivered a DL560 wheel bulldozer, its largest wheel loader, to Mongolia. Th e delivery marks full access for the Mongolia mining industry to XCMG’s entire product line of large-tonnage loaders and wheel bulldozers.
GHH has introduced GHH inSiTE, the latest digital analytics soft ware from the company for monitoring and managing mining and tunnelling projects and large construction sites.
The Construction and Mining Equipment business of Larsen & Toubro has secured multiple orders for supply of 90 units of Komatsu mining equipment from Coal India subsidiaries, leading infrastructure companies engaged with the coal sector and customers from the cement and iron ore sectors.
Rajaram Krishnamurthy, Vice President - Marketing & Sales and Customer Services, DICV, shares his thoughts on the market scenario and the company’s strategy going forward.
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.
PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.
The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.
Brokk has named Je Keeling the North American Sales and Marketing Manager. In his new role, Keeling is responsible for growing the Brokk brand in key segments across the US and Canada, including demolition, processing and mining
Th e Construction and Mining Equipment Business of Larsen & Toubro has secured one of its biggest orders ever, from Tata Steel, to supply 46 units of Komatsu mining equipment.
Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.
Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.
Alok Kumar Verma, Director - Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.
Samip Desai, Director, Moba Mobile Automation (India), talks on the growing importance of control technologies and solutions offered by the company.
MAJOR partners with Haver & Boecker Niagara to give operations the tools to maximise production, improve performance and increase revenue. Th e two processing equipment companies recently presented customers a one-of-a-kind informational webinar as part of the collaboration.
At Bauma 2019, VA Erzberg and Liebherr have concluded a development contract for a trolley assist system for the T 236 (100t mining truck). Since then the iron ore mine has been testing the diesel-electric truck in Austria.
Cargotec Corporation and Konecranes Plc announced that their respective Boards of Directors have signed a combination agreement and a merger plan to combine the two companies through a merger.
Brokk offers the Brokk 200 for ultra-deep mining applications. With SmartConceptTM - the company’s signature system for improved performance and uptime - the machine provides industry-leading power and productivity with zero emissions, making it ideal for the deepest, most challenging applications, according to the company. Compactness, combined with the power of a machine three times its size, revolutionises efficiency and safety by reducing the need for large crews with handheld equipment.
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.
Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications. Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment.
Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC).
MAJOR, a leading global manufacturer of high-performance wire screening media, partners with Haver & Boecker Niagara to give operations the tools to maximise production, improve performance and increase revenue.
With SmartConceptTM, the machine provides industry-leading power and productivity with zero emissions, making it ideal for the deepest, most challenging applications, according to the company.
The payload of the largest model in the Volvo rigid hauler line-up, the R100E, just got bigger thanks to a few clever modifications to the machine body. Using a lighter design, Volvo CE has managed to increase the capacity of the body from 60.4 cu m to 65 cu m, which is greater than any competitor model in the 100-ton class.
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
For Chile, the Rio Maipo is a stroke of luck to supply the nearby capital Santiago with energy: In the mighty ‘Alto Maipo’ power plant project, the planners are relying on European and - in particular - German technology.
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.
Like automotive industry, emerging advanced technologies are helping mining industry to upgrade as well as digitise their operations. According to various report, India is one of the largest exporters of iron ore, chromite, bauxite, mica and manganese.
Construction and mining machinery operate in extreme conditions of weather, terrain and environment. They need to withstand these odd conditions and perform the task with minimum downtime.
Taking cognizance of the adverse impact of the lockdown, CARE Ratings is expecting the real GDP growth at -20 per cent year-on-year (YoY) for Q1 FY21.
Balkrishna Industries (BKT) is a homegrown multinational player with a strong presence in the off-highway tyres globally. With the Indian market growing faster, the company is gradually increasing its sales in India which otherwise is majorly focusing on export market. Rajiv Poddar, Joint Managing Director, BKT shares more on the company and the market scenario.
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
The construction equipment industry is going through a never-seen before sales scenario as the volume witnessed a steep fall of 70 per cent in April-June 2020 quarter, as per the findings of the CRISIL Research.
Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.
Mining policy revival and recovery of construction activities can bring back the power in mobile compressor market. Next year could see the industry back in full action which can drive the growth of mobile compressors in the long term.
Hydraulic hoses and fittings play a vital role in the fluid power transmission in hydraulic equipment. Construction and mining equipment will continue to be a major growth driver for this segment.
Atlas Copco products are designed and developed for Indian job site conditions with various innovations through reengineering. Tony Van Herbruggen, General Manager, Power Technique Customer Center, Atlas Copco (India), shares more on the new product range and solutions for the market.
iQuippo announced a strategic partnership with Kobelco Construction Equipment India to market and sell construction and mining equipment manufactured by the OEM on its platform
JCB has pioneered the integration of digital technology in its ‘Intelli’ series of construction equipment. Jasmeet Singh, AVP, Corporate Communications & Corporate Relations, JCB India, shares more.
To be competitive in a global market, it is essential for OEMs explore and take the first step towards adopting advanced automation and digitisation solutions. Saurabh Kulkarni, Mobile Automation Expert at B&R Industrial Automation, Austria writes.
More than 95 per cent of ELGi’s portable air compressors are powering drilling operations. Rajesh Premchandran, Director – ISAAME (India, South Asia, Africa and Middle-East), Elgi Equipments, shares more.
A W 210i and W 2100 precisely milled the spillway chute of the Oroville Dam, the highest dam in the USA. In this process, the milling contractor also benefited from cold milling specialist Wirtgen’s application experience in steep gradient milling.