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Industrial Cranes: Looking for a Turnaround

Industrial crane market is back to pre-pandemic levels thanks to pent-up demand. An analysis of where the opportunities lie.

L&T Construction bags mega contract of India’s first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

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

Wheel Loaders: Loaded with Opportunities

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.

We are leveraging digital technology in our products and services: Jasmeet Singh

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.

The long term outlook is excellent for the crusher market: V Senthilkumar

Propel Industries has pioneered over the years in developing some of the break-through solutions in the crusher market. V Senthilkumar, Managing Director, Propel Industries, shares more on the company’s solutions for the aggregate segment and the overall market scenario.

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.

GALLOCK® - complete safety under heavy vibrations

Gala Precision Engineering announced the successful development and distribution of wedge lock washer GALLOCK®. These washers are used to safely secure bolted joints exposed to heavy vibrations and dynamic load.

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

We expect more packages from the government

Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.

We are planning to start rental business of TBMs

India is becoming a prominent market for tunnel boring machines (TBMs). In the coming years, TBMs in more numbers are expected in Indian construction projects.

Construction equipment technology has come a long way

The need to execute challenging projects within stipulated timelines will further strengthen the mechanisation process in construction.

Indian CE Market Overview

In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

Make in Steel 2020

Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

We proactively pursue when it comes to adopting digital technologies

As a major player in heavy-duty mobile cranes market in India, TIL has consolidated its presence over the years.

Infrastructure takes pole position

The Central Government's latest announcement on investment in infrastructure has revalidated the mood that was set by Union Minister Nitin Gadkari at EXCON this December.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

We will do a live demo for two of our machine categories

Founded in 2001 in Breganze, Italy, MB Crusher is the world leader in production and supply of attachments - crusher and screening buckets, drum cutters and grapples - for excavators, loaders, backhoe loaders and skid-steer loaders.

We look forward to healthy business transactions

As a pioneer in excavator technology in India, L&T Construction & Mining Machinery has been at the forefront by consolidating its leadership position in the construction and mining equipment industry.

We will build on our Intelli series

In four decades of operations in India, JCB has grown to become a full-range construction infrastructure equipment partner offering indigenous, innovative and versatile solutions of One-Global-Quality.

We will launch next-generation portable air compressors

Atlas Copco is a world-leading provider of sustainable productivity solutions. Having started operations in 1960 with its registered office in Pune, Atlas Copco (India) now has 22 offices across India.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

KEC International wins new contracts

KEC International, a global infrastructure EPC major, has secured new orders of Rs 10.25 billion across its various businesses.

India Construction Festival - 2019

The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.

Elgi Equipments launches oil-free piston compressors

Elgi Equipments, one of the world?s leading air-compressor manufacturers, exhibited its oil-free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia?s largest rail transportation event.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

THE ROAD AHEAD

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.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

Containerisation to boost Indian logistics

Seamlessly integrating the vast network of railways, highways, airports and waterways, India is gearing up to strategically position itself as a global containerised cargo destination.

Loads of Opportunities

With the construction activity picking up and mining operations reviving in India, new opportunities are knocking at the doors of the wheel loader market.

CRUSHING BARRIERS

Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.

Rs 100 tn to be spent for infrastructure creation

Prime Minister Narendra Modi said that Rs 100 trillion will be spent towards infrastructure creation in the country.

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.

We are now focusing towards user-friendly machines

Atlas Copco continuously invests in designing equipment which consumes less energy while rendering higher output. S Kumar, Business Line Manager, Power Technique Customer Center, Atlas Copco (India), shares more on the products and solutions.

Time-bound projects demand highly efficient equipment

In the current scenario, most of the projects have become time-bound and have to be completed within the stipulated period. Due to this, expectation of the market has also changed especially in road segment.

MCE industry looks for recovery post elections

Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.

SLCM plays a vital role in mobile concreting equipment sector

Self-loading concrete mixer (SLCM) market is upbeat and the Argo model can be a panacea in the concrete life to many odd jobs of varied concreting applications.

Concrete Future

Requirement of concrete in construction is expected to increase in the future with a slew of projects in the pipeline in real estate and infrastructure projects.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

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.

Infra Growth to Drive Demand

Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.

REJIG for the big

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.

Pushing Growth

Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.

ICRA predicts robust long-term outlook for mining construction equipment industry

The Indian mining and construction equipment (MCE) industry is likely to see a moderation in demand growth which is expected to fall to 4-6 per cent in the medium term, more particularly during CY2019.

Escorts posts 52.3 per cent net profit growth in Q3

Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in the corresponding period last fiscal.

We are laying more emphasis on exports

This bauma, Action Construction Equipment (ACE) launched a whole series of innovative cranes; among them is the NX360o model, which as the company claims, will not be found anywhere in the world.

Srei to augment infra and equipment finance businesses

Srei Infrastructure Finance announced its decision to augment the capital of both its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further.

52 projects of rail connectivity to ports underway

According to reports, as many as 52 projects for rail connectivity to ports are underway with an investment of Rs 44,605 crore. These projects are being undertaken by the Indian Port Rail Corporation (IPRCL) and the Ministry of Railways.

Cash flow is paramount for sustaining equipment market growth

Sunbeam Infra Equipments (A Division of Sunbeam Generators) launched a trailer concrete pump of 50 cu m per hour capacity and mixer pump at bauma this year.

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.

CPM insurance in CE

India's economy is big and is getting bigger. The construction industry is the second largest industry in India after agriculture.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

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.

ICRA envisages stable outlook for construction sector

Rating agency ICRA estimates a stable outlook for the construction sector in India, supported with strong order inflow in the last couple of years and a huge pipeline of projects to be awarded in the infrastructure segment.

"Motor grader market in India is growing at 40 per cent"

Roads sector remains the biggest growth driver of motor graders in India. VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services, elaborates more on the market and technology trends in motor graders.

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.

Construction equipment market is back with a bang

We see an immense focus on infrastructure (roads, airports, ports, smart city projects, etc) and industrial projects.

bauma CONEXPO INDIA continues to grow

The largest-ever bauma CONEXPO INDIA will open its doors soon as manufacturers from all parts of the world will present construction machinery, equipment and technological innovations from December 11 to 14 at the HUDA Ground in Gurgaon/Delhi.

A key ingredient in mining industry

The mining equipment market in Asia Pacific is expected to grow at a faster pace in the coming years. VG Sakthikumar elaborates more on the trend and Schwing Stetter's solutions for the mining industry.

Bio-based lubricants are expected to grow faster

Growth in infrastructure and industrial sectors is driving the demand for lubricants. Ravi Chawla, Managing Director, Gulf Oil Lubricants India, shares more on the current trend and market outlook.

We see double-digit growth for industrial lubricants

With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry

Escorts launches Autonomous Farming Solutions

At its annual innovation platform, Esclusive 2018, Escorts Limited announced its Automated Farming Solutions with the launch of India?s first Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming

BEML unveils diesel electric tower car for Railways

BEML has inaugurated the self-propelled 8-wheeler diesel electric inspection and maintenance OHE tower car (8W DETC) at its Bengaluru complex.

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.

We plan to invest Close ?40 million in India

Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.

Capacities huffing and puffing

It's one year since the unified tax system of Goods and Services Tax (GST) came into force. GST has been a game changer in its vast sense considering the difficulties faced by the industry in terms of multiple tax structure.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

Essel Infra bags railway project contract

Essel Infraprojects Ltd (EIL), an Essel Group subsidiary, has bagged India?s first railway project under annuity mode for Rs 17.06 billion on the Eastern Freight Corridor connecting Howrah and Chennai main line. Essel Infra won the contract ahead of IRCON International, an Indian Railways infrastructure arm.

On Strong Foundation

Foundation equipment segment is back on action with a lot of equipment busy at various project sites across the country. The trend is expected to continue for the next few years.

Pushing Boundaries

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.

Concrete Boom Pumps

Boom pump is a good investment for large projects like the Metros, airports irrigation projects and other high-rise infrastructure and real estate projects. These massive pumps shorten the duration of project completion, reduce downtime and labour costs.

CONCRETE BATCHING PLANTS

Concrete is a major constituent of infrastructure projects: mainly in real estate, roads and highways, railways, sea ports, airports, power plants, irrigation and urban modernisation sectors.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

All set to meet infra growth demand

Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.

Technology to drive INFRA growth

Infrastructure 2.0 is a movement to address issues with today's core network infrastructure in a customer's construction site to address the dynamic, automated nature of operation models like cloud computing, data center visualisation, IoT and usage of drones to keep site operations safe, secure, highly productive and efficiently managed.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Digital Platform for efficient CE Sourcing

With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.

Operator Training: Need of the Hour

These are good times for construction equipment industry. Orders have gone up, thanks to a revival in the economy fuelled by government's affirmative actions to nurse the infra development sector back to health.

Infrastructure on fast track

The Indian infrastructure sector is not slowing down anytime soon, given the government initiatives and market demand. This makes it a feasible environment for the growth of construction equipment, writes Andy Dhanaraj, Director - Sales, Caterpillar India.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

We expect good growth in HD truck segment

The mining and construction segments account for around 30 per cent of total heavy-duty (HD) truck market in India. But the segments have been facing tough times for the last 2-3 years.

Backhoe Loaders: Back in Action

Backhoe loader is the front-runner among the infrastructure equipment used in the country with almost 50 per cent of the market share in number of unit.

Every third piece of equipment is financed by us

Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).

Wheel loader market is expected to grow by 17-18%

The wheel loader market in India has been growing at a brisk pace over the last couple of years after touching a low in FY 2015-16. The 3 to 3.5 Ton-class wheel loader market has witnessed 17 per cent growth in the FY 2017-18 till now.

Budget Boost

Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.

Wheel Loaders from JCB

JCB wheeled loaders are known for productivity, reliability and efficiency. These machines are primarily used for loading, unloading and bulk material movement in sectors such as mining, quarry and crushers etc.

Wheel loader market is expected to grow by 17-18%

We are focusing on making our wheel loaders versatile and suitable to meet various applications in roads, railways, irrigation, mining and industrial works by developing new attachments and variants, says Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro Ltd.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

We expect Excon to be more vibrant and industry-specific

With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.

We will be launching 17 new products this year

The current construction equipment market in India is to grow at a rate of 25 per cent. Road, irrigation, ports, RMC, railways, metro rail, power (nuclear, thermal, solar, wind, hydro, gas based), real estate and other community buildings are the major demand drivers for our product line.

We will focus on our latest intelligent series machines and service

The infrastructure and construction business as a whole, is poised to exceed $350 billion in a while, growing at a CAGR of 6.5-7 per cent over various sectors. But naturally, we also foresee an upward trend in the sales of construction equipment, as the market is expected to grow at a record high in the next 2-3 years, driven by the government's focus on infrastructure development.