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.
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
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.
Liebherr’s new generation crawler excavator is steadily establishing a presence in countries around the world. Sweden is such a market for earthmoving machinery and crawler excavators, where the machine’s versatility, performance, comfort and design are attracting more local customers.
Indonesian contractor PT Bangun Olah Sarana Sukses is using A60H articulated haulers and EC480DL crawler excavators from Volvo Construction Equipment to save cost and increase efficiency at its coal mining site in East Kalimantan.
Two new Liebherr R 956 crawler excavators are being used in two different quarries in La Bresse and Senones, to position heavy weights before mining, to load trucks and for drillers and miners to move large rocks.
Undercarriages and parts in crawler- or track-mounted equipment play important role in the mobility of the whole equipment and its uptime. Undercarriage parts are small and simple, but when all put together, support the entire track system.
Schwing Stetter India (SSI), one of India?s leading concreting equipment manufacturers announced the launch of its new generation of XCMG crawler hydraulic excavators - XE80C, XE140I and XE215 C
Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.
At bauma 2019, Meyer Erdbau GmbH & Co KG decided to purchase five Liebherr Generation 8 crawler excavators. The German company is located in the state of Brandenburg and is active in Berlin and Brandenburg.
Liebherr-France SAS in Colmar has put a new assembly line into operation. It is based on the principles of lean management, and will thus contribute to further improvements in quality and productivity.
Liebherr-France SAS presented the 60,000th crawler excavator to its staff. The R 922 from the Liebherr Group?s latest generation was equipped with special panels designed by the artist Jean Linnhoff especially for this occasion and to mark this historical moment.
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.
Volvo fleet helps Melbourne aggregates company thrive, enhance productivity. The Burdett Group says using Volvo equipment has become a good habit as the company dramatically expanded its operations.
The Annual EQUIPMENT INDIA Awards are here again. In its sixth edition, the Annual Awards to be held on October 25, 2018 in New Delhi, will honour the top performers of construction equipment industry.
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.
Liebherr has introduced the news Liebherr R 918 crawler excavator. With an operating weight between 19 and 22 tonnes, the new crawler excavator is perfect for earthmoving applications and making trenches and pipe laying.
Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.
After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the Equipment India Awards.
Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
Liebherr has introduced the news Liebherr R 918 crawler excavator. With an operating weight between 19 and 22 tonne, the new crawler excavator is perfect for earthmoving applications and making trenches and pipe laying.
The Hamburg-based Ehlert & S?hne is finding new heights in its demolition activities with the addition of Liebherr R 960 Demolition crawler excavator to its fleet.
The construction equipment sales in India is expected to grow 10 per cent this year, according to an Off-Highway Research report. Off-Highway Research expects sales to exceed 73,000 units this year, surpassing the previous record sales of 72,492 units seen in 2011. The market in the first half of the year was particularly strong ahead of the implementation of Goods and Services Tax (GST) on July 1.
Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.
Global sales of construction equipment are expected to increase seven per cent this year, according to updated forecasts from specialist market intelligence company, Off-Highway Research.
Hydraulic crawler-mounted excavators are one of the fastest selling construction equipment at present in India. It must be understood that excavators are one type of heavy equipment used in excavation or dredging or other activities.
It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.
The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.
BAUMA CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction machinery is being held for the fourth time from December 12 to 15, 2016 at the HUDA grounds in Gurgaon near Delhi.
India is considered a rapidly growing market for the global construction-machinery industry: Some 46,000 units are expected to be sold there in 2016. Last year, global sales of construction machines declined more than 10 per cent compared to 2014.
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.
LiuGong launched 22 tonne heavy duty (HD) crawler excavators in India. The first machine will be delivered to a customer in Faridabad. LiuGong introduced 22 tonne excavator after three years of R&D study and testing in various applications.
Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.
Mala Kumar Engineers is a mining star with a fleet of crawler excavators and rock breaker from Volvo CE. A Delhi-based contract mining services provider, Mala Kumar Engineers Pvt Ltd (MKEPL)
Indonesian coal giant, Kaltim Prima Coal (KPC), which operates the Sangatta Coal Mine, located in East Kutai Regency in East Kalimantan, has a fleet of 73 Volvo CE machines
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.
Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.
Off-Highway Research has predicted that the number of units sold will double to 89,030 by 2018 from the current year?s 46,755 units. As per the analysis, the real trigger of growth becomes available in 2017-18 when there is a dramatic surge
The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.
Montecarlo Construction is removing more than 650,000 million cu m of over-burden material at an open-cast quarry in Khadia.Khadia, famous for its heritage houses, lies south of Central Ahmedabad. The city is the administrative headquarters of Ahmedabad district.
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t
In view of the government's resolve to contain the fiscal deficit within the planned target, it will be difficult to spend heavily on infrastructure at the moment; however, the situation is expected to improve after the 2014 elections
We have come out with Phase I with the launch of three products. Phase II, basically excavators, will be launched looking at the market trends. Beyond that it is going to be the cranes. This is how our company is going to proceed
As per Off-Highway Research, crawler excavators will be the fastest growing product of the near future, and its demand should grow to over 30,000 units in the next four to five years.Excon 2013 bears testimony to the fact that OEMs are gearing up for the anticipated demand for excavators. Some of the leading players either launched new models or showcased upgraded versions. Volvo CE launched two productive and powerful models in the D Series - EC220D and EC300D; JCB showcased its completely
In the excavator segment, JCB offers an unmatched range starting from 8T operating weight (JS81) to 22T operating weight (JS 220LC), to serve the plant hirers, earthmoving and quarrying customer base. At Excon 2013, JCB introduced the JS30 mini excavator and JS360 LC which like all other JCB excavators, offers excellent fuel efficiency, says Vipin Sondhi, Managing Director & CEO, JCB India. Excerpts from the interview.
The world over, construction practices and methodologies determine the selection of the type of equipment, to a great extent. However, in India, backhoe loader (BHL) controls the lion's share of the total equipment sale; it is wheel loaders that dominate the Chinese CE market and crawler and mini excavators that control the European and American markets.
LeeBoy India Construction Equipment (LeeBoy India) recently unveiled a range of best-in-class crawler excavators, backhoe loaders and motor graders for the road construction and excavation segments of the industry.
Case Construction Equipment had centre stage at this year's bauma exhibition in Munich, showcasing its wide variety of equipment and demonstrating the range of machinery on offer to customers around the world.
The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. EQUIPMENT INDIA interacts with some of the major players to get the pulse of the industry.
In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,
LeeBoy India Construction Equipment unveiled a range of best-in-class crawler excavators, backhoe loaders and motor graders for the road construction and excavation segments of the industry.
Hyundai Construction Equipment has launched two new production-class crawler excavators, the R480LC-9A and R520LC-9A, featuring 108,420-pound and 114,820-pound operating weights, respectively.
The Indian market is slowly but steadily moving towards the usage of specialised equipment and attachments. This follows the global trend where specialised equipment is utilised for specialised jobs on tighter project execution timelines.
Earthmoving equipment currently constitutes nearly 73 per cent of total construction equipment sales, and happily, this structure of sales is expected to continue. The cumulative sales of backhoe loaders, crawler excavators and wheeled loaders have been growing at a CAGR of over 20 per cent for the last ten years.
The cumulative sales of backhoe loaders, crawler excavators and wheeled loaders have been growing at a CAGR of over 20 per cent for the last ten years and will continue to grow at an impressive rate.
We have always believed that high technology will ultimately become the top need for India, and therefore all the machines we manufacture in India or import and sell, adhere to standards by which Kobelco machines are made anywhere in the world,
Owing to the overall slowdown in the Indian economy, the current fiscal year has been bit sluggish for the construction equipment industry. The industry will gain momentum if the government starts implementing the delayed projects and carries out active review and monitoring to ensure timely completion.
Our strong distribution network is instrumental in providing round-the-clock after sales support. As a result, we are building a strong platform of satisfied customers who swear by Terex as their true and trustworthy partner, says Vijay Sharma, Executive Director, Terex Equipment India.
The first Stage IIIB/Tier 4 Interim JS360LR (long reach) crawler excavator produced by JCB has played a key role in the excavation of remains of a WWII Lancaster Bomber, which was shot down in Normandy on D-Day, June 6, 1944.
Doosan Infracore Construction Equipment has added two new models to the company's range of hydraulic breakers for use on Doosan wheeled and crawler excavators from 14 to 38 tonne. The new DXB130H and DXB190H hydraulic breakers offer superior power-to-weight ratios to provide very efficient reduction of rock, boulders, concrete and other demolition waste, as well as excellent excavation work. The DXB130H breaker has an operating weight of 1,090 kg and a blow energy of 2,700 J. The DXB190H bre
Terex Backhoes perform faster while digging and loading at lower operating costs, with durability through quality and tech?nology innovation.These products have been developed in India for the Indian market, says Vijay Sharma, Executive Director, Terex Equipment.
The largest Chinese-German transaction to date, the Sany-Putzmeister merger, is expected to throw up a new global leader for concrete pumps, thereby changing market trends. Over the past six months, strong rumours regarding Schwing Stetter were doing the rounds and then viola.
The sales forecast for backhoes by Off-Highway Research is pegged at a target of 36,000 units by 2015, up from 30,000 in 2011, whereas for the crawler excavator alone, the forecast is 35,000 units, up from the 2011 figure of 14,500.There is the school of thought that points to the visible drift from the backhoe market towards the wheel loaders market.
LeeBoy India will introduce a slew of construction equipment in the Indian market as part of its horizon-1 offerings. These include, amo?ngst others, a 15-tonne motor grader, a 22-tonne crawler excavator, a backhoe loader and a range of asphalt and concrete batching plants.
LeeBoy India, headquartered in Bengaluru, is all set to manufacture and market a wide range of products in the construction equipment space, including motor graders, crawler excavators, backhoe loaders, concrete batching plants and asphalt pavers.
Many companies are setting up manufacturing facilities in India, as the country is increasingly becoming a global manufacturing hub. A large and growing domestic market, lower manufacturing cost,
Equipped with superior technology coupled with unmatched fuel economy, superior style and operator comfort and RemotecareTM, the Mahindra EarthMaster is the ideal machine for all heavy duty applications like excavation, loading, grading, dozing and cutting.
?The market volume for excavators is expected to be around 7,000 machines and this is expected to touch 15,000 in the next five years, says AM Muralidharan, Managing Director, Volvo India.
Mahindra & Mahindra (M&M), India?s leading utility vehicle and tractor manufacturer, announced its entry into the construction equipment business with the launch of the Mahindra EarthMaster backhoe loader.
With more than 60 per cent of the cargo movement being done by the road network, the focus will be on road infrastructure which in turn, will provide great impetus to the growth prospects of road construction equipment.