Mahindra’s Construction Equipment Division (MCE), a part of the Mahindra Group, announced the expansion of its road construction equipment range with the launch of the brand-new Mahindra RoadMaster G75 Smart – “Profit Ka Partner”.
The J&K Union Territory administration informed the centre that it will not be able to execute the road length construction of over 3,300 km under the PMGSY or Pradhan Mantri Gram Sadak Yojana in the ongoing fiscal having a target of 4,841 km.
Commonly used to construct and maintain gravel and dirt roads, motor graders have also prepared building foundations and drainage ditches, making them popular with government agencies and contractors.
As the Indian market matures, global best practices are making their way into the Indian material handling industry. There is an increased focus on safety and productivity on work sites which presents us with the opportunity of introducing products with the latest and state-of-the-art technology in India.
In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.
The construction equipment industry sees two emerging categories—infrastructure development in rural India and the creation of a strong healthcare system—as growth drivers in the coming years, even as the industry sees green shoots with the revival of infrastructure projects.
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.
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.
The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.
Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.
BOBCAT has been providing Skid-steer loader with grader attachment as an apt solution for new rural roads and widening of existing roads. S Manjunath, General Manager - Sales, Doosan Bobcat India, shares more on the advantages of the concept and the market outlook.
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.
Excavators with hydraulic breakers are used in urban construction projects, road construction, metro projects, etc. In crowded areas, this is one of the most cost-effective ways of excavation as it avoids drilling and blasting which is dangerous, expensive and has many other problems.
Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
Crushing on site provides lower cost and greater efficiency. In fact, crusher and screening buckets attached to excavators and other earthmoving equipment allow materials to be processed for reuse, right where they are being extracted.
The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.
In spite of the government's policy shift towards building four- and six-lane National Highways as concrete roads, plans to construct more rural roads and coastal roads will drive the demand for asphalt plants in the future. EQUIPMENT INDIA explores the road ahead for asphalt plants.
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.
The objective of India?s rural roads project, Pradhan Mantri Gram Sadak Yojana (PMGSY) is to support the expansion and maintenance of all-season rural access roads, resulting in enhanced road connectivity to rural areas.
Asphalt paver was developed by Barbar Green Co that originally manufactured material handling systems. In 1929, the Chicago Testing Laboratory approached them to use their material loaders to construct asphalt roads.
After a lull in the market in 2015-16, the construction equipment industry in India is looking northwards with some 46,000 units expected to be sold in 2016. Global sales of construction equipment declined more than 10 per cent in 2015 compared to 2014.
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
Our company was founded in 1994 in Jammu. Initially we started with road construction equipment and maintenance machinery for roads and gradually we diversified into construction equipment and earthmoving machinery business.
Globally, the past decade saw amazing developments in the hot- mix production technology. In India too, with the entry of global players, OEMs have geared up to offer advanced plants that can produce a variety of mixes - be it low energy / low-temperature asphalt mixes, warm / cold mixes, high percentage RAP mix, high recycling technology
Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.
The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions
Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.
The North-Eastern region is a major focus area with plans in place by the authorities and quick turnaround time for awarding projects. Today, demand for equipment is also increasing gradually from this part of India, says Prantik Saha, Marketing Manager - Road Construction Equipment, Atlas Copco. Excerpts of the interview.
When it comes to capacity, product range, manpower and servicing, we are quite comfortable and all geared for the upturn. For the past two years, the situation was really bad but we suddenly witnessed a spurt in demand; orders which used to take months and months for closure were getting finalised faster.
More projects, faster enviro?nm?ent and forest clearances, support in land acquisition and a general clarity in policy are the key. Any infrastructure project takes time and stability of policy is a must to ensure that investment flows, says DK Vyas, CEO, Srei BNP Paribas.
Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.
In Gujarat, Bal Krishna Shukla, the BJP MP elected from Vadodara parliamentary constituency, criticised the Centre for allegedly delaying approval of a Rs 1,065-crore road upgradation project. The pre-empowered committee of the Prime Minister's Gram Sadak Yojana (PMGSY) cleared a Rs 1,064-crore road upgradation project of 921 roads covering a total distance of 2,834 km across Gujarat and the committee met in Delhi last week, Shukla said.
Media reports say that the Union Cabinet on July 3 approved a proposal by the Rural Development Ministry to relax norms for Assam so that 1,877 unconnected habitats can get road connectivity under the Pradhan Mantri Gram Sadak Yojana (PMGSY). These habitats, having population ranging between 250 and 499, will now be connected new roads covering a length of 3,140 km.
Our entire range of world class attachments has met with a splendid response from our customers owing to their best-in-class features such as robust casing, higher operating weight that helps stress wave transverse to the ground more effectively and efficiently,
Industry captains analyse the Budget's implications on the CE sector. According to Vipin Sondhi, Managing Director & CEO, JCB India, the Finance Minister has rolled out a well-balanced and realistic Budget.
The initiatives announced in the Budget and the measures taken outside it together will impact the demand for construction equipment. DK Vyas trains his thoughts on the likely impact of the recent Budget on the CE sector.
While the government is expected to roll out more reforms soon, the key issue is implementation on the ground. If policy issues are addressed and initiatives are implemented, it will give a boost to the equipment financing in India, Infrastructure segment has been witnessing a major slowdown due to various issues around land acquisition and environmental clearances
It is quite surprising that on one side, the infra sector has slowed down and on the other, equipment sale is going up. As per the leading manufacturers of construction equipment, excavator sales have increased by approximately 10 per cent during FY 2011-12 compared to FY 2010-11.
The double-barrel technology is a result of intensive research done by Astec Inc on road construction techniques, the voice of the customer, the need of a sustainable road construction methodology, and most importantly, conserving the environment,? says R Nandagopal, Vice President, Equipment & Project Solutions, TIL