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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.

Caterpillar showcases new excavators at customer event

The recently launched Cat 350 excavator along with the 374 and 395 excavators were displayed at the event.

Caterpillar displays latest range of hydraulic excavators at its customer meeting

Cat® dealer, Gmmco, organised a one-day customer meeting at GMR Arena in Hyderabad, on 8 May 2023, to showcase the latest range of next-gen cat large hydraulic excavators.

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

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

CASE demonstrates ‘Made in India’ products

A visit to the CASE Construction Equipment factory in Pithampur provided an opportunity to witness the company's manufacturing process and its impact on the local community. Karthik Muthuveeran reports…

New mining machinery are driving demand for all-steel radial tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.

Navigating the Depths

How IIoT is enhancing safety and efficiency in underground mining.

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.

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.

The Future is Electric!

Epiroc is building an energy efficiency culture resulting in lower CO2 emissions and more efficient use of resources.

Caterpillar’s digital-enabled solutions

Caterpillar Inc., the world’s largest manufacturer of construction and mining equipment, showcased its world-class products equipped with advanced technology and digital-enabled service solutions at bauma CONEXPO INDIA.

Komatsu India committed to a future of sustainable growth

The company is targeting to be carbon-neutral by 2050

Caterpillar’s digital-enabled solutions at bauma

Caterpillar exhibit featured a technology ecosystem to help customers get the most from their machines.

Bauma CONEXPO INDIA 2023 - Highlights

The trade fair for construction equipment industry garners excitement!

Schwing Stetter unveils silver jubilee logo and tagline

They will create sustained growth and profitability for stakeholders

Komatsu India committed to a future of sustainable growth

Komatsu is targeting to be carbon-neutral by 2050

Efficiency Drives Transmission Developments

The transmission system plays a vital role in equipment as the gearbox determines the performance and robustness of the equipment.

In comparison to other mining markets, India lags behind

Sujeet Kumar, Business Line Manager - Surface Division, Epiroc Mining India, speaks on the outlook on the mining industry in India, and the importance of sustainability in mining.

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

Our focus is on sustainability

Dr Arabinda Bandyopadhyay, Chief Technologist, CDE Asia, speaks on IoT and digital technologies that are evolving in processing.

We continually make investments to upgrade our facilities

Satya Ranjan Mohapatra, Deputy General Manager (IB & IS), Tide Water Oil, speaks major products from the company and its salient features.

Coal continues to be the major demand driver in mining

Arvind K Garg, Senior Vice President and Head, L&T Construction and Mining Machinery, speaks on the construction and mining equipment market in India.

Mining the Future

With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.

In comparison to other mining markets, India lags behind

Sujeet Kumar, Business Line Manager - Surface Division, Epiroc Mining India, speaks on the automation which is evolving in the mining industry.

India is one of the very few countries where mining is still growing

Rajesh Nath, Managing Director, VDMA India, speaks on sustainability in the mining industry.

The outlook for the mining industry is positive for the next two years

Dheeraj Panda, COO – Sales, Marketing & Customer Support, Sany Heavy Duty India, speaks on the outlook for the mining sector in India, and the company’s major products in mining

The next 10 years will be an important period for mining in India

Karthik Bala, Mining Regional Manager, Resource Industries Sales, Services and Technology, Caterpillar India, speaks on the company’s technological offerings for the mining segment.

The demand for high-capacity equipment is increasing day by day

Amit Banerjee, Chairman and Managing Director, BEML, shares the outlook for the Indian mining industry, and the sectors that will drive the demand in the mining sector.

Sany Bharat signs MOU with Union Bank of India

The network of Union Bank will extend equipment finance to customers of Sany Bharat across the country

Innovations in Mining!

Organised by CII, the 16th edition of the International Mining and Machinery Exhibition (IMME) - India's only focused fair for the mining industry was held between 16 to 19 November 2022 at Rajarhat, Kolkata.

Mining opportunities!

Government’s thrust on coal mining is expected to significantly impact demand for mining equipment.

What’s driving the demand?

Increasing demand for novel construction equipment is expected to drive the global undercarriage components market in the upcoming 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.

“Digitalisation plays a major role in today’s mining operation.”

Animesh Nandy, National Sales Manager, (India, Nepal, Bhutan, Bangladesh & Sri Lanka), Epiroc Mining India, speaks on the current scenario of underground mining in India.

Equipment manufacturers lead IoT mining revolution

Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Optimising efficiency

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

Enhancing efficiency

India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.

Komatsu bags large mining equipment order in India

One of the leading construction and mining equipment players Komatsu India (KIPL) has secured orders for large-sized mining equipment from a major mining company in India along with its distribution partner Larsen & Toubro (L&T).

Improving machine productivity

The demand for the hydraulic hose is estimated to grow at a substantial rate from the construction industry owing to the requirement of high operating pressure and maximum abrasion resistance to the equipment.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

At L&T, customer centricity has been at the core of all activities

At L&T, customer centricity has been at the core of all activities and decisions. With our credo ‘In Service lies Success’, we have continuously provided superior value delivery to customers both in terms of the latest technology and superior performance products aided by unmatched after-sales support.

Use of automation in road construction may increase

Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.

There is an increase in demand for underground equipment

Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.

Transforming Mining

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

Battery vehicles are now trending in the market

Today India is one of the fastest-growing economies – power consumption and steel are prime indicators of growth, and are having a northward trend hence the demand for minerals and metals both are growing in India.

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.

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

One of the major demand drivers is increase in demand for underground mining equipment

With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.

Opportunities galore

The construction industry across the globe is anticipated to present significant opportunities for construction equipment.

Animesh of Manitou: There is no defined market for telehandlers

Animesh Manna, National Sales Manager – Mining, Manitou South Asia, speaks on the latest products and solutions from the company for mining applications.

SANY India delivers India’s largest crawler crane for windmill application

This leviathan crane will be used by Dwarkesh Transport for wind turbine installation.

Top popular construction equipment companies in India

The infrastructure sector has witnessed a rapid growth within the country. With many ongoing projects, nation is for sure going to taste its development soon, but along with it many industries associated with infrastructure has evolved. One such industry is the construction equipment industry.

What new construction equipment will 2022 bring?

The outlook on India’s construction equipment sector is optimistic since the country’s needs for infrastructure will continue to grow massively.

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.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

Deere, Hitachi to dissolve 33-year joint excavator venture

John Deere and Hitachi are dissolving their joint venture of more than 30 years for manufacturing excavators in North and South America.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

7th India Construction Festival takes off with focus on tech

The most-awaited 7th India Construction Festival, organised by infrastructure think-tank, FIRST Construction Council & ASAPP Info Global Group, has commenced in Mumbai.

Unlocking the mining potential

The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.

We are a market leader in surface mining

Wirtgen is global market leader in the manufacturing of machines for cutting rock in open cast mining operations. Wirtgen surface miners cut primary resources such as coal, gypsum, iron ore, salt, phosphate, bauxite, limestone or granite, achieving high degrees of purity in the process.

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.

Ramesh Palagiri of Wirtgen: We are a market leader in surface mining

Ramesh Palagiri, MD & CEO, Wirtgen India, speaks on the revival in the mining market after the Covid-impact.

Launch of new Cat® 424 backhoe loader

Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.

Launch of new Cat® 424 backhoe loader

Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.

Schwing Stetter India to start Operator Skill Training Programme

Schwing Stetter India, a leading manufacturer of concrete, construction, and mining equipment, has launched its Operator Skill Training Program, which aims to train over 10,000 young people in the use of concrete and construction machines.

Underground mining readies for IIoT revolution

With new innovative technology, companies are taking take digitalisation of mining operations to the next level.

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.

Improving performance

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.

CIL signs agreement to purchase Russian shovels at Rs 1,462 cr

Coal India Ltd (CIL) told the media that it had inked a pact for purchasing 11 Russian electric rope shovels of about Rs 1,462 crore.

Schwing Stetter India to start Operator Skill Training Programme

The programme aims to train over 10,000 young people in the use of concrete and construction machines.

Rio Tinto to launch world’s first autonomous water trucks at Gudai-Darri

Three water trucks, developed through a successful collaboration with the leading equipment manufacturer, Caterpillar, will join Gudai-Darri's fleet of Caterpillar heavy mobile equipment, including autonomous haul trucks and production drills.

Rio Tinto to launch world’s first autonomous water trucks at Gudai-Darri

Sanjay Saxena of Sany: Covid second wave has hit production

Sanjay Saxena, Senior Vice President & Head of Heavy Equipment Business Unit, Sany Heavy Industry India, speaks on the technology trends in foundation equipment and accessories, and the latest products and solutions offered by the company.

Second wave of pandemic has hit the production

Incorporated in 2002, SANY India was and offers the widest range of construction machinery in India and South Asia. Presently, SANY India offers products like excavators, truck mounted cranes, all-terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, compactors, reach stackers, rubber tyred gantry cranes, rail-mounted gantry cranes, mining equipment, wind turbine generators and many more. The company has already established a strong network of around 28 dealers and 135+ outlets across India to cater to the growing demand and provide sales and service support to all its customers and associates.

We expect the demand to grow for hydraulic excavators

Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

A powerful transmission

Transmission, a key component in a construction equipment vehicle, plays a major role to the functionality of the vehicle, especially in the high frequency and heavy application.

Dheeraj Panda of Sany: Restarting govt flagship programmes will lift up excavators market in 2021

Dheeraj Panda, Director – Sales, Marketing and Customer Support, Sany Heavy Industry India, speaks on how market has evolved for hydraulic excavators in the last couple of years.

Sany India, CII Foundation tie-up to donate Ventilators

As the hospitals are reeling under an acute shortage of ventilator beds and other medical supplies amid the rising COVID-19 cases in the country- Sany India in association with the Confederation of Indian Industry (CII) Foundation and CII Pune donated 3 ventilators to Sassoon Hospital today.

Srei receives EoI for $250 mn capital infusion from international PE funds

Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

Fuel tracking solution’s penetration is less than 1% of the overall commercial fleet size

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99 per cent accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware/software.

Sany embraces new emission norms; launches 4 new truck cranes

As the nation is ushering into new emission standards, Sany India, a global leader in the CE Industry has successfully embraced the Bharat CEV Stage IV norms and upgraded and launched four new truck cranes; STC250C, STC450C, STC600C, and STC800C in the market.

The D-factor

Where the demand will be coming from for the construction equipment industry?

Srei Equipment receives EoI for $250 mn capital infusion from international PE funds

The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

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.

Srei forms Strategic Coordination Committee for raising fresh capital

The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.

Caterpillar celebrates 50 years of manufacturing in India

Caterpillar, the world’s largest manufacturer of construction and mining equipment, enters the 50th year of manufacturing in India. The company has a long history of equipping its machines with leading-edge technology to increase the safety, productivity and efficiency of its operational sectors.

Komatsu aims for lead in hydrogen-powered mining trucks

Komatsu, Japan's top construction equipment maker, plans to develop hydrogen power as an alternative to diesel for heavy-duty mining dump trucks, in a first for the industry, Nikkei has learned. The company will start its hydrogen development programme in 2021 and aims to have the trucks ready for practical use by 2030.

Komatsu aims to half carbon dioxide emissions by 2030

Caterpillar celebrates 50 years of manufacturing in India

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.

New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

L&T compactors are very well established in the Indian market

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.

Gmmco and Caterpillar launch new-gen motor Grader SEM 915

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.

L&T wins multiple orders for construction and mining equipment business

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.

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