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Garg of L&T: Excon has benefitted us with increased market share over the years

Arvind K Garg of L&T Construction & Mining Machinery speaks on the key products on display during Excon.

We have a positive outlook on future of power transmissions products

We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.

Our range will focus on meeting stringent emission standards

Anjali Pandey, Engine Business and Components Business Leader, Cummins India, speaks on the key products on display during Excon.

We expect about 25% increase in sales of first quarter

Vishvaroop Anand Managing Director, Titan Crushing Equipment.

Our products will be a game-changer for mining industry

Rajiv Poddar Joint Managing Director, Balkrishna Industries

Rise in steel and commodity prices has increased input cost

Anand Sundaresan Managing Director, Ammann India

Double-digit growth likely

Excon is a large, popular and established platform for the construction equipment industry in India where corporates, large infrastructure companies, contractors and their subcontractors, project construction professionals and retail customers meet original equipment producers and suppliers.

What’s Ahead in CE Manufacturing Sector

The article is authored by Himanshu Sharma, Head – Marketing & Corporate Communication, B&R Industrial Automation.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

Sriram of IndusInd Bank: CE finance industry is a competitive marketplace

AG Sriram, Head – Consumer Finance Division, IndusInd Bank, speaks on the current portfolio in relation to construction equipment financing

Enhancing collaboration in construction machinery between Europe and India

CECE President Alexandre Marchetta and ICEMA President Dimitrov Krishnan have signed a Memorandum of Understanding extending the cooperation between the two continental organisations.

CASE named in The Economic Times Best Brands 2021 in India

CASE Construction Equipment, a brand of CNH Industrial, is featured as one of the Best Brands in India for 2021 by The Economic Times.

What’s Your C-sat Score?

C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.

Electrification will play an important role in defining the drive trains of the future.”

Customer remains at the centre of defining all our activities and it starts with understanding customer’s application and designing customised solutions, that consider the optimal performance requirements and deliver them in the most effective way.

The world is transitioning towards sustainable business practices.

Our emphasis has always been to keep the customer foremost in our mind. We have therefore, laid special emphasis on customer-friendly products and solutions that are easy to adapt to and help in enhancing usability and serviceability.

Electrification of CE is at a nascent stage

With the increasing climate change problem, our customers and construction equipment industries have become more environmentally conscious.

Our Indian products are now equipped with BSIV engines

Customers always need a product that can increase their productivity. With that they also focus on saving cost on fuel and maintenance.

At L&T, customer centricity has been at the core of all activities

At L&T, customer centricity has been at the core of all activities and decisions. With our credo ‘In Service lies Success’, we have continuously provided superior value delivery to customers both in terms of the latest technology and superior performance products aided by unmatched after-sales support.

CE companies are making strides toward sustainability

Customer centricity being the fulcrum, Doosan Bobcat India introduced B900 CEV stage IV backhoe loaders for the Indian market in 2021.

Use of automation in road construction may increase

Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.

Use of advanced automation is transforming infra development

Today, automation vendors and OEMs are shifting their focus significantly according to the needs of their customers, i.e., end-users. This results in a wide-ranging transformation of products, solutions, and business models

We have embraced digital transformation

Customer experience is the most important part of doing business. It involves optimising every customer touchpoint, be it pre-sales, point of sales, or post-sales to always ensure customer satisfaction.

ACE has always believed in innovation to achieve excellence

ACE (Action Construction Equipment) is India’s leading material handling and construction equipment manufacturing company with a majority market share in the mobile cranes and tower cranes segment

Italian CE market grows in 2021

In the twelve months of 2021, 22,000 construction machines have been placed on the Italian market, up 30 per cent if compared to 2020. Data were presented by Unacea in a digital press conference held last 1st February.

There is an increase in demand for underground equipment

Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.

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.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

CII Excon 2021 to aid India to become second largest CE market by 2030

The Confederation of Indian Industry (CII) has announced the 11th edition of Excon, South Asia’s largest construction equipment, and construction technology trade fair, which will take place at the Bangalore International Exhibition Centre (BIEC), Bengaluru from May 17-21, 2022.

M Vijay Kumar appointed CEO of Infrastructure Equipment Skill Council

M Vijay Kumar takes over as Infrastructure Equipment Skill Council (IESC) CEO from February 2022. He comes with over 35 years of experience in the construction equipment Industry.

Construction, industrial equipment makers to shift to electric

The construction and industrial equipment industry plans to shift to electric. Top businesses like JCB, Volvo CE and Schwing Stetter are either working on electric versions or conducting feasibility studies for launching e-appliances in India.

German construction equipment industry continues to grow

The order intake in the construction equipment (CE) industry allows manufacturers with production sites in Germany to look forward to 2022 with peace of mind. When companies will be able to achieve turnover, on the other hand, is an open question, as materials continue to be in short supply and supply chain problems are delaying the production of CE

Europe and India: Enhancing trade relations in construction machinery

CECE President Alexandre Marchetta and ICEMA President Dimitrov Krishnan have signed today

German construction equipment industry continues to grow

In 2021, the CE sector achieved a 22-percentage increase in turnover compared to the same period of previous year.

Hitachi to sell stake in Hitachi Construction

Hitachi is selling half of its 51 percent stake in Hitachi Construction Machinery to trading firm Itochu Corp and investment fund Japan Industrial Partners. The sale should not come as a surprise though. Hitachi Ltd. hinted at divesting all or part of its interests in the construction unit in March 2019 and again in October 2020.

Bio Diesel Summit

Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

One of the major demand drivers is increase in demand for underground mining equipment

With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.

Construction, industrial equipment makers to shift to electric

The construction and industrial equipment industry plans to shift to electric. Top businesses like JCB, Volvo CE and Schwing Stetter are either working on electric versions or conducting feasibility studies for launching e-appliances in India.

Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE

The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.

M Vijay Kumar appointed CEO of Infrastructure Equipment Skill Council

M Vijay Kumar comes with over 35 years’ experience in the construction equipment industry.

Indian construction equipment industry growth slumps in Q3FY22

On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.

Hyundai, Doosan show Concept-X at CES

Hyundai Construction Equipment and Hyundai Doosan Infracore are the Hyundai Heavy Industries (HHI) Group's two construction equipment affiliates.

Top popular construction equipment companies in India

The infrastructure sector has witnessed a rapid growth within the country. With many ongoing projects, nation is for sure going to taste its development soon, but along with it many industries associated with infrastructure has evolved. One such industry is the construction equipment industry.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Innovation & Indigenization has been a way of life at AJAX

“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer

CE industry talks a common language using OPC UA

Construction equipment manufacturing is taking a solid leap with the advantage of new technology developments

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.

ACE wins big at EI Awards 2021

ACE bagged two awards – Innovation of the Year and Bestseller Mobile Cranes.

Propel bags ‘Emerging CE Company of the Year 2021’

Propel 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.

Bonfiglioli wins ‘2nd Rank – Innovation of the Year’ at EI Awards

Bonfiglioli India was awarded for its innovative drive designed in India for girder transporter used in high-speed rail project.

Unlocking the mining potential

The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.

What’s ahead in the construction equipment manufacturing sector

Edge Controller from B&R is a powerful factory automation solution that enables any industry to control and optimise the production process.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Sany India inaugurates new paint shop at Chakan

Sany India, a global leader in the construction equipment industry has inaugurated a new ultra-modern ‘paint shop’ at its state-of-the-art manufacturing plant at Chakan, Pune recently.

Fully loaded with opportunities

For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

Overall outlook for next two years in positive

The overall outlook for next couple of years for pick and carry, and medium and heavy duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Sany India Inaugurates new paint shop at Chakan, Pune

The new paint shop building has been built up in a total area of 4,504.96 sq m and is equipped with a fully autonomous system, which can easily paint 11 excavators and one truck crane in one shift of nine hours.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

ICEMA inaugurates new office in New Delhi

Strengthening the Indian Construction Equipment Manufacturers Association (ICEMA) secretariat by way of setting up of a new office space in New Delhi is an integral step towards achieving the Industry’s Vision Plan 2030: Building the Nation” said Sandeep Singh, President ICEMA while inaugurating the newly opened office.

Dimitrov Krishnan is new President of ICEMA

The Indian Construction Equipment Manufacturers Association (ICEMA) elected their President for the period 2021-23 during its Annual General Meeting held virtually on July 19, 2021.

Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.

Tech Drives Backhoes

Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.

Construction Technology: The need of the hour!

CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.

Dimitrov Krishnan is new President of ICEMA

Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India Pvt Ltd will lead ICEMA, the apex association of CE industry.

ICEMA inaugurates new office in New Delhi

ICEMA’s New Office to help drive Construction Equipment Industry’s Vision 2030 Plan

Improving Machine Productivity

While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.

Govt programmes will have direct impact on demand for bearings in the CE market

Sanjay Koul, Chairman and Managing Director, Timken India Limited

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

We are well placed to take advantage of opportunities that India offers

Bonfiglioli India’s solutions are based on a wide range of products, including gearmotors, drive systems, planetary gearboxes and inverters. The company’s Country Manager, Kennady V Kaippally, speaks on the present size of transmission systems in India, and the segments that are driving the demand for these products.

The worst is over for the CV industry

In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.

We believe that it will take at least a year for the market to stabilise

Incorporated in 1990, Suretech Infrastructure offers specialised infrastructure construction and foundation engineering equipment and materials to the building and construction industry, throughout the Indian Sub-Continent.

Demand diversity in CE sector

Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.

Mini Machines, Maximum Demand

The demand for compact equipment from urban projects is expected to continue.

We see healthy growth for CE industry in coming years

ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, piling rigs, forklifts, warehousing equipment, tractors, harvesters and other agri machinery.

Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

How can the auto components industry bounce back

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.

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

We will continue to focus on infrastructure projects

Established in 1960, Atlas Copco India is the country’s leading manufacturer of innovative solutions in air compressors and industrial gases, energy efficient vacuum pumps, portable compressors, light towers.

Schwing Stetter inaugurates IoT enabled, energy efficient facility in TN

Schwing Stetter India, one of the largest manufacturers of concreting and construction equipment’s across the country, inaugurated its fifth manufacturing facility in Cheyyar, Tamil Nadu.

Technological upgrades are perennial part of CE industry: Sandeep Mathur of CASE

Sandeep Mathur, Brand Leader, CASE India, speaks on the current scenario of motor graders in India, and the upcoming digital technologies in motor graders.

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

JCB strengthens presence in Andhra Pradesh

The company's dealer, Varun Motors, inaugurated its new facility for sales, service and spares in Rajahmundry, the cultural capital of the State.

Innovation has been cornerstone of JCB’s operations

In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.

Rural infra, healthcare to drive demand for CE

The construction equipment industry sees two emerging categories—infrastructure development in rural India and the creation of a strong healthcare system—as growth drivers in the coming years, even as the industry sees green shoots with the revival of infrastructure 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.

Mining reforms have brought the confidence back

Souma Ray, Director, Haulotte India shares his thoughts on the AWP market outlook and the company’s activities.

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

We are planning to introduce digital dashboards

Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.

“We are expanding our product portfolio”

Ifm is expanding its product portfolio of control solutions with new solutions. Amit Hatgine, Manager-System Business, ifm Electronic India, shares more on the products and solutions from the company for construction equipment industry.

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

EQUIPMENT INDIA Awards 2020

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.

BEML’s stride towards ‘Atmanirbhar Bharat’ wins Equipment India Awards

The awards were given in recognition to the best selling companies in various construction equipment categories.

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.