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Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Concrete proof

Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.

An evening to cherish

The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

Schwing Stetter wins ‘Trainer of the Year 2021’ at EI Awards

Schwing Stetter was awarded at the 9th Equipment India Awards.

Sakthi Kumar of Schwing Stetter: I expect this to be our best year

Schwing Stetter is the name synonymous in the concrete equipment segment. Over the years, the company has introduced several path-breaking products in the Indian concrete pumping industry such as SP8800 concrete pumps, CP 30 batching plants and the 10 cu m truck mixers, which became synonymous within the RMC industry.

In 2022, the market for hydraulic excavators may touch 25,000 units

Last year, the excavator market touched 18,000 units. The start of last year was good. Later on the numbers dipped due to Covid-19 pandemic. However from September onwards, the market picked up.

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