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“Financial management a challenge in rental industry.”
Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
Financial management a challenge in rental industry
Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
Transforming Logistics
The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.
Zoomlion accelerates expansion in Thailand
The ceremony featured an impressive display of Zoomlion's latest equipment
Zoomlion shines at INTERMAT 2024
The display featured 30 cutting-edge products across seven major categories
CASE India inaugurates new dealership in Jaipur
CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur.
Zoomlion records 79.2% YoY increase in international revenue
The company achieved an annual revenue of RMB 47.075 billion
Zoomlion delivers 200 earthmoving machinery to Australia, Europe
Zoomlion Heavy Industry Science & Technology sent off nearly 200 units of earthmoving machinery equipment to Australia and Europe on January 8 from its Earthmoving Machinery Park in the Zoomlion Smart City, signaling a successful start to 2024.
Zoomlion delivers 200 earthmoving machinery to Australia, Europe
Last July, Zoomlion opened the first 4S shop in Brisbane, Australia
BICES 2023 returns with great success
Total 1,320 exhibitors from over 30 countries and regions exhibited at this BICES 2023
New energy equipment at BICES 2023
BICES has clearly become a significant platform and support for the construction machinery industry.
Why is India Buying Bigger Cranes?
Demand for such cranes is spurred by fast-paced infrastructure growth
BICES 2023: Full steam ahead for preparations
BICES will be held on September 20-23, 2023 in China.
BICES 2023 conference held during CONEXPO
On March 15, the press conference of the 16th China Beijing International Construction Machinery, Building Materials Machines and Mining Machines Exhibition & Seminar (BICES 2023) was held at CONEXPO-CON/AGG in Las Vegas
Zoomlion Unveils World’s Largest Tower Crane
The crane uses mobile balancing weight technology.
BICES 2023 conference held during CONEXPO
BICES is an industrial exhibition in China with the longest history and high-quality performance.
Zoomlion shines at Bauma!
Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology drew wide attention at Bauma 2022. At a featured product release event held on October 24, Zoomlion launched 10-odd intelligent aerial work platform (AWP) products include scissor lift, straight boom and crank-type models, which won a number of prospective orders from clients in the Netherlands, Romania, Poland, Iraq, Switzerland, and Germany.
Zoomlion shines at Bauma!
Zoomlion launched 10-odd intelligent AWPs
Zoomlion unveils world’s largest tonnage all-terrain crane
Chinese manufacturer Zoomlion has unveiled the largest tonnage all-terrain crane in the world, the ZAT24000H.
Mobile cranes with latest tech would be in good demand
The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
Bauma China Boosts Industry Confidence
The bauma CHINA 2020 held in the midst of Covid-19 crisis attracted 2,867 exhibitors and around 80,000 trade visitors.
Zoomlion delivers best operating performance in 2019
Zoomlion Heavy Industry Science & Technology Co (Zoomlion) has reported a 116.42 per cent increase in profit of RMB 4.371 billion ($616.18 million) for the year ending December 31, 2019, according to its annual report released on March 30, 2020.
Zoomlion launches 'Cloud Marketing' initiative
Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new "Cloud Marketing" model in response to the coronavirus outbreak world over.
Zoomlion launches ?Cloud Marketing? initiative
Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new ?Cloud Marketing? model in response to the coronavirus outbreak.
Zoomlion's tower crane sales top 10 bn yuan in 2019
Zoomlion Heavy Industry Science & Technology Co is celebrating a new milestone as its tower crane sales crossed the 10 billion yuan ($1.43 billion) mark in 2019, making it the first global company in the market to reach the new high.
Zoomlion's tower cranes complete operations for world's longest road-rail cross-sea bridge
Over 35 self-developed high-end tower cranes produced by Zoomlion completed lifting operations for the Pingtan road-rail bridge project, the world?s longest road-rail cross-sea bridge. As Zoomlion set a new benchmark in metocean engineering with customised machinery for what is described as the ?the world?s most difficult? bridge construction project.
Zoomlion unveils high-end mortar production units at CIIE
Zoomlion?s high-end equipment manufacturing subsidiaries m-tec, the world?s leading dry mortar technology and equipment supplier from Germany, and CIFA, an Italy-based manufacturer of concrete machinery, are debuting three localised products, the Duo-mix connect mixing pump, MR mixer, and shotcrete machine at the China International Import Expo (CIIE).
Zoomlion to showcase intelligent construction equipment at BICES
Zoomlion Heavy Industry Science & Technology Co (Zoomlion) will be exhibiting at the 15th China Beijing International Construction Machinery, Building Material Machines and Mining Machines Exhibition
Zoomlion Launches AWPs
Zoomlion Heavy Industry Science & Technology Co (Zoomlion) launched eight new aerial work platform models.
Zoomlion to showcase ?Africa-ready? equipment
Zoomlion Heavy Industry Science & Technology Co is exhibiting at the first China-Africa Economic and Trade Expo that will be held from June 27 to 29 in Changsha, Hunan Province, China, highlighting nine agricultural and construction equipment products.
BAUMA CHINA 2018
With over 13 per cent more exhibitors and 25 per cent more visitors compared to the previous edition, bauma CHINA 2018 was a grand success.
bauma CONEXPO INDIA 2018
The construction equipment expo - held in December 2018 in Delhi - scaled new heights even while participants expressed their apprehensions on the market scenario in 2019 owing to the upcoming elections.
Zoomlion launches Aerial work Platforms
Zoomlion Heavy Industry Science & Technology Co (Zoomlion) launched eight new aerial work platform models.
Bauma CONEXPO INDIA 2018
The fifth edition of bauma CONEXPO INDIA is expected to be bigger in number of exhibitors and exhibiting area, compared to last edition.
We see strong growth in infrastructure industry
As one of Asia's biggest material handling solution providing company, ElectroMech is present in more than 55 countries across the world. Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India) Pvt Ltd shares more on the company and the industrial cranes market.
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.
Touching The Next Level
The demand for concrete equipment and ready mix concrete (RMC) is charting an upward trend on the back of momentum in infrastructure development and to a lesser extent, real estate.
We dont generally procure used equipment
We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.
Prompt aftersales service is one of the main criteria
The selection of an equipment is done based on the determination of technical suitability of equipment to suit execution methodology. In case standard equipment does not suit certain requirements, then we get it customised to fulfill the ultimate needs.
Sour CE Issue
Essentially, CE selection and procurement is a complex metrics-based decision making activity that requires active involvement of the concerned stakeholders of an organisation.
A great achiever
Joe Xiong is the Head of Zoomlion mobile crane for South Asia market - Sales, Marketing, After Sale Service.
Heavy Lift Anablers
India has witnessed an influx of new software-assisted multiple application-specific boom configured heavy lifters. Despite the economic slowdown taking the wind out of the sail for the heavy lift cranes? suppliers
This year our target is to launch tunnel boring machines
We are involved in the sales and service of construction equipment and spare parts from for leading Chinese equipment manufacturers; - Zoomlion for truck-mounted cranes and crawler cranes, and Sichuan Construction Equipment for big capacity tower cranes.
Selection criteria for batching plants depend on the application
Portability of batching plant is a significant criterion for road and canal projects, says BV Raisinghani, President (Purchase), Jaiprakash Associates. Excerpts from the interview
Safety in tower crane is of paramount importance
We have major projects of the World Tower, The Park and Trump in Worli, Mumbai, New Caffe Parade in Wadala, Mumbai and Palava 2 near Dombivli, Thane district where we use various types and capacities of tower cranes.
Annual demand for industrial cranes should touch 12,000 by 2015
Growth in various sectors such as power, infrastructure, construction and heavy engineering will drive the growth of the Indian cranes industry, says Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems.
Integrated Load Handling Solutions
With a myriad of attachments, truck-mounted cranes have created niche applications segments with faster, safer and more productive solutions.Construction industry has been witnessing a shift towards using safer, more advanced technology, especially application-oriented equipment and machinery
Achieving new heights
A Mechanical Engineer with an overall experience of about 14 years in construction equipment industry, Rajeev Kumar has been involved with many challenging jobs.
Oil seals & hydraulic seals
Crown Seals is a manufacturer of premium quality industrial rubber and rubber moulded products. The companys product range includes hydraulic seals, pneumatic seals, piston seals, rod seals, wiper seals, guide rings,
The growth enabler
Shirley Liu is the General Manager of Mobile Crane Overseas Company in Zoomlion Group, a leading Chinese construction machinery manufacturer with well-established reputation in the world market.
Universal Zoomlion concrete pumps are operator-friendly.
Zoomlion is one of the largest concrete boom pump manufacturers in the world and also the manufacturer of the longest boom in the world, with a vertical reach of 101 m. So at Universal, we can offer the complete range of concrete boom pumps, says Rajesh Kawoor, Vice-president (Concrete Business), Universal Construction Machinery & Equipment. Excerpts of the interview.
Looking at a Big Boom
Only about ten per cent of concrete produced is currently pumped, which tells about the huge scope for concrete pumps for the infrastructure and realty sectors. Agith G Antony trains his spotlight on the latest trends in product/technology, the growth potential for boom pumps, innovative service packages and the value additions offered by OEMs.
We want to become a concrete solution provider
As we are the market leaders in the small and medium concrete equipment, we maintain more than 50 per cent market share in the organised sector and since we are the latest entrant in the large concrete equipment sector
Concrete moves
Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there is tremendous growth opportunities in the long term.
Our core competence lies in our fast after-sales service and flexible warrantee policy.
Friends Equipment, engaged in the sales and service of construction equipment, offers a wide range of products at a reasonable price along with spare parts supply. ?To be more close to our customer, we provide operation and maintenance services and the installation and dismantling services for the offered product, says Rajeev Kumar