Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.
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.
Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.
In terms of demand volume, 2017 will be the peak year in India. The total market demand is high this year. We will cross more than 2,000 machine sales this year for the first time.
Lok Sabha has passed the GST Bill, clearing the deck for its smooth rollout from this July. Termed as independent India?s biggest reform initiative, the GST Bill is expected to bring together the entire nation on a single platform of taxation.
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.
It is a matter of pride that India has achieved an impressive speed of more than 50 km a day in highways and over a 100 km a in rural roads. The thrust continues to build more speed.
Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.
Road construction experts as well as OEMs, vouch for the efficacy of intelligent compaction technology lauding the way it has led to improved roads. It is one of the most significant technological developments for the road construction sector
The current challenges in hot mix asphalt pavement-making in India is to manage sustainability, conserve energy and natural resources, eliminate waste yet achieve a pavement quality with competitive cost per unit length.
MOBA is launching two of its latest automation systems: the cost-effective MDM-100 system for drilling machines and the upgraded MOBA compaction assistant system MCA-2000 with an advanced touch-screen colour graphic display.
The strength of QCEL lies in its pan India presence and also being the only infrastructure equipment bank having wide range of equipment, catering to both construction as well as industrial applications. It has seven equipment hubs with another 28 spokes attached to these hubs,? says HS Bhattacharjya, Chief Executive Officer, Quippo Construction Equipment and Quippo Valuers & Auctioneers. 1 - -
21564 14 98 2011-11-01 00:00:00.000 Equipment India Terex Corporation: Expanding Horizons Terex Corporation is focused on delivering customer driven solutions for a wide range of commercial applications, including for the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries.
Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products.The company is focused on delivering customer driven solutions for a wide range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries. Terex operates in four business segments: aerial work products, construction, cranes, and material processing.The company Terex recently acquired Demag Cranes which is headquartered in Dusseldorf, Germany and is a leading provider of industrial cranes, crane components, harbor cranes and port automation technology. Demag Cranes' business is highly complementary to the existing Terex business, and the combination has compelling industrial logic. The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China. Terex now employs approximately 22,000 team members in more than 50 manufacturing facilities in North and South America, Europe, Asia, and Australia. Terex products are sold worldwide primarily under the Terex?, Genie?, and Powerscreen? brands.
Terex in India manufactures backhoe loaders, skid steer loaders and materials processing equipment in their facilities at Noida and Hosur.Some of the indigenously built machines are exported to other Asian, African and Middle Eastern countries.Terex currently imports cranes, port equipment and aerial work platforms for serving the Indian market.
Aerial work Platforms:The aerial work platforms (AWP) segment designs, manufactures, refurbishes and markets aerial work platform equipment and utility aerial devices that are used to lift personnel and material to height. They are a productivity and safety tool that make workers more efficient by quickly and safely allowing them to work and maneuver above the ground. Aerial Work Platform products are primarily marketed under the Terex? and Genie? brands.
Construction: The construction segment designs, manufactures and markets three primary categories of construction equipment including heavy construction equipment; compact construction equipment; and road building equipment. Construction products are marketed primarily under the Terex? brand.
Cranes: The cranes segment designs, manufactures, services and markets a diverse variety of cranes including mobile hydraulic cranes, tower cranes, and specialised cranes for port and rail applications.Crane products are marketed primarily under the Terex? brand.
Material processing: The material processing segment designs, manufactures and markets materials processing equipment that is used to crush rock to smaller sizes/shapes, called aggregate. Screening and washing products are then used to sort and clean this aggregate.Materials processing products are marketed primarily under the Terex? and Powerscreen? brands.
The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China.