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Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

Chennai MRTS and Metro Rail have been merged by Indian Railways

Due to massive losses and a lack of cooperation between the two administrations the Southern Railway of Indian Railways (IR) has given its in-principle approval for a long-awaited merger proposal of the Chennai Mass Rapid Transit System with Chennai Metro Rail.

Railways approves Rs 8.34 cr Hyperloop Tech project with IIT Madras

Minister of Railways Communications Electronics & IT Ashwini Vaishnaw sanctioned an Rs 8.34 crore collaborative initiative on Hyperloop Technology proposing a high-speed transportation system with the Indian Institute of Technology (IIT) Madras.

3i Expo gets an arousing response from manufacturing industry

3i EXPO & Conference— hosted by Industrial Products Finder (IPF) from May 20-21, 2022 in Mumbai—received an arousing response from the Indian manufacturing sectors with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc visiting the event.

Crushing Need: Energy-Efficiency

Environmental and energy-cost issues make it vital for the crusher and screening equipment industry to focus on energy-efficient machines.

3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India

3i EXPO & Conference gets an arousing response from manufacturing industry; IPF presents awards to 19 SMEs from across India

We will be launching track mounted compact range of crushing & screening machines

Excon is one of the largest construction equipment trade fairs and has been playing an important role in bringing out the latest technologies and solutions and we at Terex are proud to be a part of the 11th edition taking place this year

Rise in steel and commodity prices has increased input cost

Anand Sundaresan Managing Director, Ammann 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.

Bringing biodiesel on the market

Fuel costs and India’s reliance on foreign fuel sources are a constant concern for many construction owners whose businesses are heavily dependent on machinery that requires diesel. Many alternate energy sources have been discussed, researched, and used in the past but, for equipment, the primary form of alternate fuel has become biodiesel.

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.

Afcons creates milestones in J&K!

A major milestone was achieved on the Udhampur Srinagar Baramulla rail link project (USBRL) on February 15, 2022, with the breakthrough of tunnel T49 between Sumber and Arpinchala Stations on the ongoing Katra-Banihal section

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.

CE companies are making strides toward sustainability

Customer centricity being the fulcrum, Doosan Bobcat India introduced B900 CEV stage IV backhoe loaders for the Indian market in 2021.

We have embraced digital transformation

Customer experience is the most important part of doing business. It involves optimising every customer touchpoint, be it pre-sales, point of sales, or post-sales to always ensure customer satisfaction.

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.

Budget 2022 and a big infra push

The union budget can be termed as a growth-oriented one, with the government focusing strongly on world-class infrastructure development.

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.

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.

Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE

The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.

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.

Innovation & Indigenization has been a way of life at AJAX

“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer

Success Story: Successful steel operations with superior lubrication solutions

The backbone of industrial operations, India’s steel industry is among the largest in the world. According to estimates by India Brand Equity Foundation (IBEF), the country produced the second highest amount of crude steel in June 2021, and is expected to witness further growth in the days to come.

Toshiba honoured at Good Design Award 2021

Toshiba Group clinched two awards at Japan’s Good Design Award 2021, the annual awards sponsored by the Japan Institute of Design Promotion to honour good design and product quality.

Toshiba honoured with two accolades at Good Design Award 2021

The award-winning products are the traction energy storage system for railway with SCiB™ and the HAORI inverter air conditioner.

APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Tech Drives Backhoes

Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.

Construction Technology: The need of the hour!

CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.

There are huge untapped opportunities in the crushers & screens market

V Senthilkumar, Managing Director, Propel Industries

We have pioneered integration of digital tech in our machines

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.

Towering over

Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

We expect the market for hydraulic excavators to grow by 20%

The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.

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.

Escorts' standalone profit up by 80.0% to Rs 874.1 cr

Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries Ltd (NEI), part of $2.4 billion diversified CK Birla Group, and Amsted Seals announced a joint venture to manufacture railway bearing seals in India.

More options than ever

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.

Grove GHC130 provides Terra E&C with precision in ecologically sensitive job

Wisconsin-based Terra Engineering & Construction’s website proudly proclaims that the company actively “seeks out the difficult watercourse projects that may discourage other contractors” — and while this is largely due to Terra’s skilled workforce and years of experience in that sector, having access to a Grove GHC130 telescopic crawler crane also proved crucial in helping it meet the strict deadline imposed on one of its most recent environmentally sensitive projects.

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.

L&T bags multiple contracts

The construction arm of L&T has secured orders from prestigious clients for its various businesses.

The D-factor

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

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

We see healthy growth for CE industry in coming years

ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, piling rigs, forklifts, warehousing equipment, tractors, harvesters and other agri machinery.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries (NEI), part of $2.4 billion diversified CK Birla Group and Amsted Seals announced a joint venture (JV) to manufacture railway bearing seals in India. Amsted Seals is a global leader in sealing solutions and cutting-edge metal fabrication.

Grove GHC130 provides Terra E&C with strength & precision in ecologically sensitive job

An environmentally sensitive and time-restricted project called for reconstruction of a river embankment and relaying of a gas line with minimal disturbance.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

RLDA invites e-bids for leasing two land parcels for commercial development

The Rail Land Development Authority (RLDA) has floated a Request for Proposal (RFP) for leasing two vacant land parcels at Jaisalmer and Ajmer, Rajasthan.

AJAX ARGO model’s mantra is ‘maximum productivity for your investment’

“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering

RLDA invites e-bids for leasing two land parcels for commercial development at Rajasthan

These land parcels span across 31722.30 sq. m and 8960.00 sq. m. and are located at Jaisalmer and Ajmer, respectively

Rajesh Mohata appointed as CEO of JSL Lifestyle

The Board of JSL Lifestyle (JSLL), a subsidiary of Jindal Stainless (Hisar) Limited (JSHL), has announced the appointment of its new Executive Director and CEO, Rajesh Mohata. In his role, Mohata will be leading JSLL’s customer-centric brands – Arttd’inox & ARC, and its various business verticals, including tableware & home décor, bespoke kitchens, sanitation solutions, commercial kitchens, infrastructure, Original Equipment Manufacturing (OEM) businesses, and plumbing solutions. Mohata is a seasoned business professional with over 28 years of experience in varying domains of Oil & Gas, Metal & Mining, Energy, and Cement industries. Commenting on the appointment, Managing Director, JSLL, Deepika Jindal said, “As we pursue operational efficiency and long-term value creation for stakeholders, we are pleased to welcome a promising leader like Rajesh. I am confident that his expertise and strategic thinking will guide the Company to grow across all B2B and B2C segments and innovate to capitalize new opportunities”. Having earned his bachelor’s degree in Engineering (Civil) from MBM Engineering College, Jodhpur, Mohata has spearheaded some of India’s frontline organizations in various capacities, like Aditya Birla Group, Reliance Industries, Essar, RPSG, Adani, and Vedanta. He has been acknowledged for his leadership at various business platforms. His personal interest areas include yoga and running. Mohata is an avid reader and shares a keen interest for philanthropy. JSL Lifestyle, a subsidiary of Jindal Stainless (Hisar) Limited, is a pioneer in creating innovative and futuristic stainless-steel installations for aesthetic, residential, architectural, infrastructural, railways, and sanitary applications. The company promotes stainless-steel as the core ingredient in wide-ranging applications through its two brands — Arttd'inox and ARC. Launched in 2003 by Ms Deepika Jindal, Arttd’inox is the first B2C brand from the house of JSL Lifestyle Ltd. With the objective to fan out the applications arena of stainless steel from kitchen shelves to the entire house and office, Arttd'inox has introduced excellent designs & forms in stainless steel tableware & home décor products in India. Through ARC, JSL Lifestyle Ltd. has created a strong presence in sectors like Automotive, Railways & Transport (ART), Architecture, Building & Construction (ABC), original equipment manufacturing (OEM), infrastructure, plumbing solutions, and retail. A few of the several services offered under ARC include customised stainless-steel products, inventory management, warehousing, material testing, engineering work, fabrication of quality material, and job site supervision by trained personnel.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Innovation has been cornerstone of JCB’s operations

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.

Budget focuses on infra to revive economic growth

Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP)

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

Testing & Interesting Times

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.

CE industry: On the road to recovery

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.

“We are expanding our product portfolio”

Ifm is expanding its product portfolio of control solutions with new solutions. Amit Hatgine, Manager-System Business, ifm Electronic India, shares more on the products and solutions from the company for construction equipment industry.

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.