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One year of lockdown: Real estate sector beating pandemic blues

For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.

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.

Property mgmt firms becoming vital part of real estate

Real estate demand in metro cities is witnessing a boom due to the multiplicity of different kinds of industries, MNCs, small-scale businesses, and home-grown brands, writes Samkit Jain of Bullmen Realty.

Laying a strong foundation

The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.

Opportunities in bulk for cement

As per estimates of total projects to be sanctioned and those upcoming and under construction across sectors, the hope is to see better days ahead—quantitatively and qualitatively—for the cement industry.

YoY demand for concrete equipment will be at 20-25% in today’s scenario

Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.

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.

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.

Mahindra offers India’s first one-stop solution for vehicle scrapping

The agreement with MMRPL will enable customers get a hassle free and transparent deal under one roof. Any customer intending to purchase a new Mahindra Vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.

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.

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.

Mahindra’s farm equipment sector sells 29,817 units in India during March 2021

Domestic sales in March 2021 were at 29,817 units, as against 13,418 units during March 2020.

Sunteck Realty enters JV to develop 7 acres of waterfront residences in Mumbai

Sunteck Realty has secured a marquee 7 acre land parcel at Borivali. It would develop a luxury residential project in the upmarket residential locality.

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

NHAI to develop over 600 wayside amenities

n a major move to improve commuting experience on National Highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the National Highways in the next five years, out of which 130 is targeted for development in 2021-22.

Mahindra Logistics appoints Dr Anish Shah as Chairman

He is the Deputy Managing Director and Group CFO of Mahindra & Mahindra (M&M) Limited. He is designated to take over as the Managing Director and CEO of M&M from April 2, 2021.

Potain tower cranes deliver versatile performance to construction projects in China

Potain top-slewing cranes are helping to build a real estate development in Xiangshan and a chemical plant in Zhenhai

Nigraani’s fuel tracking solution’s gains enable ARSS to increase driver’s salary multi-fold

ARSS Infrastructure Projects (ARSS) achieved an RoI in fuel tracking solution in months.

Focus on infra to revive economic growth

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

Real estate sector seeks Rs 1.25 lakh cr stress fund

The National Real Estate Development Council (NAREDCO), an industry body, is seeking an estimated Rs 125,000 crore via many Housing Finance Corporations (HFCs) and Non-Banking Financial Companies (NBFCs) who they say are ready to establish such stress funds for the ailing real estate sector. According to the body, this will allow for faster sanctions and appraisals.

Indian CE market to regain growth

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

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

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.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

Growth factors of Indian warehousing and logistics sector

Aditya Vazirani, CEO of Robinsons Global Logistics Solutions, elaborates on the factors that will drive the growth of Indian warehousing and logistics in 2021.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Next year will be the best for construction industry

Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.

Kool-ex partners with IndoSpace to set up pharma warehouses

For warehousing, Kool-ex has partnered with IndoSpace to build customised, GDP/GWP compliant, temperature controlled, pharma distribution centres across the country.

Tower Cranes in Tough Times

: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.

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

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.

We provide customised solutions for different applications

Customers are looking for more reliable and compact solutions which can survive difficult operating environments. Harsha Kadam, CEO, Schaeffler India and President (Industrial Business), shares more on the application trends in bearings and the market scenario.

New Director General for NAREDCO

The National Real Estate Development Council (NAREDCO) appointed Rajesh Goel as the new Director General of the real estate body which works under the Ministry of Housing and Urban Affairs.

Building confidence

The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.

Rajesh Goel takes over as Director General of NAREDCO

The National Real Estate Development Council (NAREDCO) appointed Rajesh Goel as the new Director General of the real estate body which works under the Ministry of Housing and Urban Affairs.

Rajesh Goel takes over as Director General of NAREDCO

The National Real Estate Development Council (NAREDCO) appointed Rajesh Goel as the new Director General of the real estate body which works under the Ministry of Housing and Urban Affairs.

Construction and infra activities will pick up and normalise in the next two months

Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

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.

COVID 19 Impact

With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

We are a strong player for wheel loaders and motor graders

Liugong is the first China-based construction equipment manufacturing company in India with more than a decade experience and more than 500 local people.

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.

We will be displaying 22 new products at Excon 2019

A pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling, Schwing Stetter has manufacturing units in 12 countries including Germany, Austria, USA, Brazil, Russia, Ostrava, UK, and India.

Riding prefab wave in India

By integrating specially manufactured ACE tower cranes in its business model, Central Park Flower Valley Project has recorded fast construction, significantly reducing the overall project cost.

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.

KION india opens new facility in Pune

Supporting the government's Make in India initiative, KION opened India's largest material handling equipment facility in Pune

Govt sets up Rs 250-bn revival fund for realty

The Union Cabinet has approved constituting a Rs 250-billion alternative investment fund (AIF) for the revival of around 1,600 stalled housing projects across major cities in the country.

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.

Towering opportunities

Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.

MHE holds enormous growth potential

Despite the relative slowdown in demand in the current fiscal, the market for material handling equipment (MHE) will continue to expand in double digits over the next few years.

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.

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.

Setting New Benchmark

Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.

Mega training programme for equipment operators

Volvo Construction Equipment India organised an operator training-cum- Infrastructure Equipment Skill Council (IESC) certification programme in India for wheel loader and excavator operators.

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.

The Rise of Smart Warehousing in India

For a fast-evolving global economy like India, a sophisticated logistics, and warehousing system is a key driver for consistent growth.

Cummins India records sales growth

Cummins India recorded a net sales growth of nine per cent for the quarter ended March 31, 2019 at Rs 13.14 billion, as compared to Rs 12.06 billion recorded in the same quarter last year.

Scaling New Heights

An anticipated growth in high-rise constructions is going to drive the demand for advanced construction hoists in the coming years.

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.

The Eleventh Hour Is Here!

By 2025, the construction market in India is expected to emerge as the third-largest globally.

Riding on infra push

Pick-up in infrastructure spending and construction activities is expected to drive the demand for tipper trucks in the coming years.

Steer it up

In spite of the vast opportunities available, skid-steer loaders are still looking for a level-playing field in the Indian market.

Cummins India posts record sales growth in Q3 2018-19

The net sales of Cummins India for the quarter ended December 31, 2018 recorded 11 per cent growth at Rs 14.63 billion, compared to Rs 13.18 billion recorded in the same quarter last year, represent the highest sales ever achieved in a quarter.

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.

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.

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.

Indian CE Market Overview

The market for construction equipment will follow an upward trend in the next five years.,

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.

CHALLENGES and NEW Opportunities

The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.

Vertical Growth

Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.

We expect 50 per cent growth in our numbers by 2020

ACE believes in providing customised solutions specific to the requirements of the clients. Mayank Pundir, Country Head - Tower Cranes, shares more on the current market trends and the industry outlook.

Crushing capacity creation needed

Road Transport and Highways Minister Nitin Gadkari informed in Lok Sabha that projects for constructing 6,320 km of road have been awarded under the first phase of the Bharatmala project, with the financial implication estimated to be Rs 1.44 trillion.

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.

New Growth Avenues

Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.

Modular building on Berlin rooftop

German rental and crane specialist BKL supplied a Linden Comansa tower crane model 21LC750 for the construction of a modular hotel on top of a shopping centre.

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.

Anarock Retail launched to tap into India?s $700 bn retail market

Among India's leading independent real estate services firm Anarock Property Consultants has announced the official launch of Anarock Retail, a new firm dedicated to tapping into India?s $700 billion retail market via its expert retail consultancy services.

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.

Raising the bar

Road transport and highways minister Nitin Gadkari has set road project award and construction targets of 55 km per day and 45 km per day, respectively.

Mobile Lighting Towers

Spektrum Lighting Towers is one of the emerging lighting solution company in India, equipped with a team of experienced, skilled, knowledgeable and highly trained staff from lighting industries to produce mobile lighting towers.

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.

Equipment finance sector to grow at 19 per cent CAGR

We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.

On growth Track

The upswing in construction equipment market in the last two years has created new opportunities for equipment finance market. Leading finance players are keen on the growing trend of the infrastructure market in India that has helped the construction equipment market for a turnaround after a rough patch till 2016.

Global metal market trends

The global economy is doing well. Growth already beat expectations this year and the global economy will continue to quicken in 2018.

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.

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.

AWPs: Safe working at heights

There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.

First Potain Hup 32-27 self-erecting crane delivered in Iceland

BYGG has taken delivery of a Potain Hup 32-27, the first one delivered to its home country of Iceland. The company has already placed the newest-generation, self-erecting crane on a job site in Reykjavik, where it is helping to build a residential development.

Warehousing space leasing rockets by 85 per cent across key Indian markets

Knight Frank India launched the third edition of its flagship India Warehousing Market Report 2018. The report unravels the present scenario of the Indian logistics sector along with providing a definitive view on the country?s top warehousing markets, which include Mumbai, NCR, Bengaluru, Chennai, Pune, Hyderabad and Ahmedabad.

Digital disruption in CE space

Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.

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.

Excon is An ideal platform to connect with customers

Roads and Highways sector has been and continues to be one of the major drivers for the ECE industry. Other sectors such as Railways, Airports, Inland Waterways etc are also integral in driving the growth.

We are committed to going one step further this year

The construction equipment (CE) industry is continuously evolving through various innovations in application and product range. Change in technology creates new opportunities to manufacture a better product with improved ways of using it.