Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

Hyundai CE India Advances Excavators with Cutting-Edge Features

HD Hyundai Construction Equipment is one of the leading construction and earthmoving equipment manufacturers in India. Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the latest advancements incorporated into their recent hydraulic excavator models.

CNH India marks production milestone: 700,000 tractors in Greater Noida

The plant produces approximately 2,000 tractor variants, ranging from 35 to 120 Hp

Hyundai holds a No. 2 position in excavator attachments in India.

Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the current market size of hydraulic excavators in India, and how has it evolved over the past few years.

Sany, Union Bank collaborate to provide financial support to its customer

To provide growth and opportunities across the country along with enhanced financial support to its customers

ACE partners with Bank of Baroda for financing CE range

The Bank of Baroda finance option will be available across the country for ACE customers

Hardayal Prasad is new MD and CEO of Srei Infra Finance

Srei Infrastructure Finance (SIFL) is a financial institution providing a bouquet of services, which include construction and mining equipment finance, advisory and development solutions and insurance broking.

CNH Capital introduces ‘Mission Education’ to support underprivileged children

CNH Capital will support 240 children studying at NeeV, in Gurugram

Hardayal Prasad is new MD and CEO of Srei Infra Finance

Mr. Prasad is a seasoned senior banker with over 36 years of experience

Grading the Future

As the demand for advanced road networks and improved connectivity continues to surge, the clamor for motor graders in the construction industry is reaching unprecedented heights.

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

Tata Motors, India’s largest commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s leading public sector bank to offer unique financing solutions for the purchase of the all-new Tata Ace EV – India’s most advanced, zero-emission, four-wheel commercial vehicle.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

The partnership will introduce easy loan-structured schemes for the purchase of the all-new Tata Ace EV

Eyeing new heights

The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.

Kirloskar unveils ‘Limitless’ mission for subsidiaries to enhance experience

Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries have undertaken a refresh of their respective business vision.

Kirloskar Group unveils 'Limitless' mission for subsidiaries to enhance customer experience

Kirloskar Group introduced Kirloskar 'Limitless' mission to transform Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries and undertaken a refresh of their respective business vision.

Bounce back

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

CNH Industrial certified as Great Place to Work

Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India.

CNH Industrial certified as Great Place to Work for 2nd consecutive year

Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India. This is the second consecutive year of certification for the Company.

2021 will be a year of challenges and consolidations

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

Tata Motors provides holistic support to transport ecosystem

Tata Motors has been comprehensively supporting the transport ecosystem to ensure all necessary supplies remain uninterrupted and seamless, nationwide

Budget 2020: Key takeaways for infrastructure

Tax concessions extended to sovereign and pension funds will go a long way in attracting long term financing solutions for infrastructure sector, says Sandeep Upadhyay, Managing Director ? Infrastructure, Centrum Capital.

CNH Industrial India ranked with 2020 Great Place to Work

Great Place to Work?, the global authority in workplace culture assessment and recognition, has certified CNH Industrial India in its 2020 company ranking in India.

Co-lending and leasing becomes the key tool this year

Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.

Cat Financial Launches India Operations

Cat Financial India will enable Caterpillar India dealers to provide financial solutions in a responsive and timely manner to meet customer's needs and support them in expanding their business opportunities.

CE finance outlook

Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.

Equipment finance sector to grow at 19 per cent CAGR

We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.

We will have our biggest presence in Excon this year

The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).

Bauma is an important platform for the industry

Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.

Indian Mining Poised to Boom

DICV partnership with BharatBenz vehicle financiers

Celebrating its partnerships with leading players from the financial sector, Daimler India Commercial Vehicles Pvt. Ltd. (DICV) held its BharatBenz Financier Conclave in Mumbai.

Is the money flowing again?

Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.

On a recovery mode

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.