Proposed Steel Import Duty Worries Indian CE Industry

Steel is a critical raw material in the manufacture of construction equipment.

Proposed Safeguard Duty on Steel Imports a Major Concern for Indian CE Industry

Steel is a critical raw material in the manufacture of construction equipment

Smooth Operations

In the fast-paced construction industry, lubricant advancements are key to enhancing machinery performance and longevity.

RAHSTA to submit policy recommendations to NHAI

RAHSTA to submit policy recommendations to NHAI for improving highways.

Sustainability and innovation: The key drivers

The construction industry is a major contributor to climate change, so there is a growing demand for eco-friendly construction methods and materials. By combining sustainability and innovation in technology, India can create a world-class infrastructure system that can support its economic growth and social progress, writes VG Sakthikumar, Chairman and Managing Director, Schwing Stetter India.

Sustainability and innovation: The key drivers

The construction industry is a major contributor to climate change, so there is a growing demand for eco-friendly construction methods and materials. By combining sustainability and innovation in technology, India can create a world-class infrastructure system that can support its economic growth and social progress, writes VG Sakthikumar, Chairman and Managing Director, Schwing Stetter India.

Fuelling Innovation

Lubricants are essential to keeping engines and industrial machinery in optimal condition.

Optimising efficiency

Choosing the right lubricant is essential in helping to improve reliability, boost productivity and reduce the frequency of breakdowns.

We plan to double our production capacity

ACE, one of the largest construction equipment players in the mobile and tower crane segments in India, showcased its upgraded and new backhoe loader models in different engine horsepower categories at Excon along with award-winning products like a special crane for piling, 360-degree slew pick-n-carry crane, and manlift crane.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

Reducing friction

The global industrial lubricants market size is projected to reach $ 73.3 billion by 2024, from $ 62.8 billion in 2019, at a CAGR of 3.1 per cent.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

We are looking at positive growth this year

Gulf Oil has been in the oil and lubricants business catering to commercial vehicles and two-wheelers.

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.

Rs 100 tn to be spent for infrastructure creation

Prime Minister Narendra Modi said that Rs 100 trillion will be spent towards infrastructure creation in the country.

Changing Face of CE Industry

Taking full advantage of the unprecedented connectivity, data analysis, and remote capabilities, construction equipment (CE) industry is poised to take great leaps in productivity and efficiency in the coming decade.

Setting New Standards

Productive Paver

India is building roads at an unprecedented rate. Since 2014, the country has laid 28,000 km of highways at a cost of nearly Rs 3 trillion. Over the next decade, the country is expected to add 85,000 km more roads under the Bharatmala and Sagarmala infrastructure initiatives.

Paving to perfection

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.

We will take small steps to build ourselves

When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.

Rolling ahead

Roads and highways is still going strong as the most happening infrastructure sector in India with many ongoing projects and many in the pipeline. India has the second largest road network across the world at 4.7 million km and is still growing.

Schwing Stetter India joins hands with GOMACO

Schwing Stetter India has announced partnership with GOMACO Corporation for the sales and service of GOMACO?s entire range of concrete paving products across the country, except for the state of Telangana. The company plans to target $10 million sales in India during its first year of association.

Paving a Growth Path

While the paver market is gearing up for phenomenal growth, sensor pavers are expected to have a smooth ride due to the demand for quality roads in the future.

Piggybacking earthmovers growth

Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.

Exceeding Expectations

According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry

Taking the Road Not Taken

Volvo machines have carved a distinct imprint at every road project of ULCCS, Indias first labour co-operative and highly successful worker-owned businesses in Asia.