TIL strengthens global partnership

TIL Limited, a cornerstone in India’s material handling and infrastructure equipment manufacturing sector, announces the renewal of its dealer sales and service agreement (DSSA) with Hyster-Yale Asia-Pacific.

The future of foundation engineering looks promising

Animesh Nandy, Managing Director, Bauer Equipment India

TIL strengthens global partnership

Renews dealership agreement with Hyster-Yale

Celebrating Excellence

The titans of the construction equipment industry were honoured at the 12th BKT Equipment India Awards 2024.

Tata Hitachi wins big at 12th BKT Equipment India Awards 2024

The Awards was held on 10 October 2024 at Jio Convention Centre, Mumbai.

Jaideep Shekhar is Equipment India Person of the Year 2024

He was selected during the 12th BKT Equipment India Awards held on 10 October 2024 at Jio Convention Centre

Jaideep Shekhar is Equipment India Person of the Year 2024

He was selected during the 12th BKT Equipment India Awards held on 10 October 2024 at Jio Convention Centre

Mining Revolution

The Indian mining industry has shifted from manual to mechanised operations, embracing varying levels of technology and automation

Skill Up!

India’s major infrastructure projects highlight the urgent need for a skilled workforce

Bridging the Skill Gap

India’s major infrastructure projects highlight the urgent need for a skilled workforce.

Our compaction products are a true testament to Atmanirbharta

Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, offering a comprehensive range of products and services in over 140 countries. Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, speaks on the company’s growing focus in the compaction business in India, and how it aligns with their broader goals and vision.

We've experienced a growth of 10 to 12%

Arvind K Garg, Senior Vice President and Head, L&T Construction & Mining Machinery.

Driving Technological Revolution

With more than 1,200 exhibitors from India and abroad, Excon will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies.

CII targets over 15% YoY growth in next 5 years

The event witnessed the participation of leading names from the industry, government, and stakeholders from the infrastructure and construction equipment sector.

CASE’s skill development initiative recognised

CASE Construction Equipment has been recognised by the 10th National CSR Times Award 2023 for its initiatives in India.

CASE’s skill development initiative recognised

Received Silver Award at the CSR Times Awards

CASE’s skill development initiative recognised

Received Silver Award at the CSR Times Awards

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

CASE CE commemorates its skill development initiatives

CASE Construction Equipment, a 180-year-old global brand under the CNH Industrial umbrella, commemorates its various skill development initiatives at the CASE Skill Development Centre in Pithampur.

CASE Construction Equipment commemorates its skill development initiatives

The brand reaffirms its commitment towards guiding and providing employability skills to aspiring youth through vocational training as a part of their conscientious CSR efforts in the country.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

Soon there will be a trend of electrification in CE

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products.

Towards a Sustainable Future

Tata Hitachi has made significant investments in its plants at Dharwad and Kharagpur towards renewable energy, rainwater harvesting, and reusing ETP water for irrigation

Bauma CONEXPO INDIA 2023 - Highlights

The trade fair for construction equipment industry garners excitement!

“Majority of our equipment functions on diesel.”

Jaideep Shekhar, Managing Director, Terex India, speaks on the investment made in the Indian market.

“Majority of our equipment functions on diesel.”

Jaideep Shekhar, Managing Director, Terex India, speaks on the investment made in the Indian market.

Our products have a very promising market in India

Piero Guizzetti, CEO, MB Crusher India, speaks on the key products on display during bauma CONEXPO.

Sooner there will be a trend of electrification in construction equipment

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products

ACE’s Sorab Agarwal is Equipment India Person of the Year 2022 at 8th India Construction Festival

Besides, the 10th Equipment India Awards 2022 presented 18 awards to construction equipment companies

CE industry stalwarts honoured at Equipment India Awards 2022

Besides, the 10th Equipment India Awards 2022 presented 18 awards to construction equipment companies

Stalwarts of CE industry honoured at 10th Equipment India Awards

Sorab Agarwal is EI Person of the Year 2022

Sany Bharat fortifies presence at Intermat

showcased mini, small and medium excavators to an eclectic crowd

CASE India inaugurates Skill Development Center in Pithampur

The initiative is aligned with Central Government’s Skill India Mission

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.

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.

M Vijay Kumar appointed CEO of Infrastructure Equipment Skill Council

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

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.

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.

Sakthi Kumar of Schwing Stetter: I expect this to be our best year

Schwing Stetter is the name synonymous in the concrete equipment segment. Over the years, the company has introduced several path-breaking products in the Indian concrete pumping industry such as SP8800 concrete pumps, CP 30 batching plants and the 10 cu m truck mixers, which became synonymous within the RMC industry.

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.

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.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

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.

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

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.

Reforms will boost recovery

Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.

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.

EQUIPMENT INDIA Awards 2020 to be held online

In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020

iQuippo brings Kobelco’s equipment on its platform

iQuippo announced a strategic partnership with Kobelco Construction Equipment India to market and sell construction and mining equipment manufactured by the OEM on its platform

We expect an industry growth of 6-8 per cent in 2021-22: Venkatesh S Aiyer

Uniflex has recently started a new plant in Uttarakhand, and plans to start two more plants in the long term. Venkatesh S Aiyer, Director, Uniflex, shares more on the market trends and the company’s plans.

We promote domestic products suitable for applications: Saji Thomas

Gates believes in extending the boundaries of material science. Saji Thomas, General Manager, Product Line Management & Application Engineering - FP, Gates India, shares more on the product developments in the company and the market scenario.

We provide customised solutions for different applications

Customers are looking for more reliable and compact solutions which can survive difficult operating environments. Harsha Kadam, CEO, Schaeffler India and President (Industrial Business), shares more on the application trends in bearings and the market scenario.

Demand in 2021 will be better than this year

Timken has been manufacturing in India for the last 30 years. Sanjay Koul, Managing Director, Timken India, explains the current market scenario and the company’s products and solutions for the CE market.

Unlocking opportunities

Though the ongoing COVID-19 pandemic has put a brake on the growth of the bearings industry, the market is expected to bounce back and continue to grow from next year onwards.

Union Budget 2020: What?s there for infra equipment?

There are certain key proposals in the Budget 2020 that can boost the sale of infrastructure equipment. But the real opportunity will be visible once the projects take off successfully.

Budget 2020

The Budget 2020 presented by Union Finance Minister Nirmala Sitharaman has given thrust on infrastructure development of the country.

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.

Engineering Growth

The growth prospects of off-highway diesel engines market is obvious in the coming years as the infrastructure equipment will play a major role in the infrastructure creation in the country.

Srei Equipment Finance, UCO Bank announce strategic alliance

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India's premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

An Uphill Task

Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.

We have completed training of 2,000 operators till last year

Schwing Stetter India started the training department in the second year of its operations in 2000.

The focus on skill development is on the rise

L&T Construction & Mining Machinery Business has trained and certified over 10,000 operators and mechanics in the last two years under the RPL4.

We have pioneered the operator training programmes

JCB India through its 15 centres has already trained close to 30,000 operators, thereby creating employment and entrepreneurship amongst the youth.

ACE has its fully equipped training centre at Faridabad

In the past two years, the training centre of Action Construction Equipment (ACE) has conducted 213 training programmes for 4,225 operators and participants.

Braving challenges

With this March marking the closure of another financial year in the country, the world economy is reeling under a host of issues ranging from the slowdown that hit the market for more than a year to the coronavirus scare.

Srei Equipment Finance, UCO Bank to co-lend through iQuippo platform

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India?s premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.

Digital Transformation

Digitalisation and Internet of Things (IoT) are gaining popularity among the construction equipment users due to the growing need to improve the productivity, efficiency, and performance quality of equipment working at infrastructure project sites.

Accessing New Heights

The use of aerial work platforms in India is still to gather momentum, in spite of the growing construction and urban infrastructure development. Increased awareness on safety among the end-users and a growing rental market are expected to drive the market in future.

National Infrastructure Pipeline Gets Set to Flow

The Union Budget 2020-21 heralds the roadmap for investing Rs 103 trillion in the next five years.

Steering Growth

Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.

Digital Push in infra equipment

Construction equipment with digital and IoT technologies are driving smart planning and execution of projects in the country. This is expected to push the efficiency and productivity at project execution.

iQuippo launches upgraded financial portal

iQuippo, India?s first digital marketplace for infrastructure equipment, launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

We proactively pursue when it comes to adopting digital technologies

As a major player in heavy-duty mobile cranes market in India, TIL has consolidated its presence over the years.

Schwing Stetter launches 22 products at Excon

Schwing Stetter India unveiled 22 new products at the Excon 2019 in Bengaluru. With this new product line up, Schwing Stetter India aims to position itself as one of the most prominent infrastructure equipment partner in the country and an active participant across all government projects to be announced.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

We will build on our Intelli series

In four decades of operations in India, JCB has grown to become a full-range construction infrastructure equipment partner offering indigenous, innovative and versatile solutions of One-Global-Quality.

We are a preferred automation partner for market leaders

B&R India has established seven offices in major cities of India and has expanded its Pune office space to match the growth.

We have a portfolio of advanced products

Equipment working at construction and mining sites are open to extreme conditions. Rupinder Paintal, Director of Market Development, ExxonMobil Lubricants, elaborates on the new generation lubricants that can enhance the efficiency of construction and mining equipment.

Srei Equipment, United Bank to jointly offer loans

Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), partnered United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.

Poised to Grow

India's lubricant market is growing up with demand for industrial lubricants on the rise. More infrastructure developments and growth in manufacturing in the coming years will see further demand growth for industrial lubricants.

We have the widest range of oils to meet all requirements

GS Caltex India is a 100 per cent subsidiary of GS Caltex, which is a 50:50 joint venture between GS Energy of South Korea and Chevron Corp of USA.

Making rapid strides

Being the third largest lubricant market in the world and the fastest growing market in the world, Indian lubricant market has made rapid strides in the market by introducing new products and solutions for the customers.

CRUSHING BARRIERS

Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.

iQuippo organises Paison Ki Nilami

Commenting on this occasion, Anant Raj Kanoria, CEO, iQuippo, said, ?We have noticed that in the market customers always want to negotiate pricing and interest rates and we through our platform want to digitise and make this process transparent

Mobilising Growth

Mega training programme for equipment operators

Volvo Construction Equipment India organised an operator training-cum- Infrastructure Equipment Skill Council (IESC) certification programme in India for wheel loader and excavator operators.

We are mindful of modernising our capabilities

With four facilities for manufacturing hose assemblies, tube assemblies, hose fittings, adapters and fabricated parts Uniflex looks forward to further modernize and expand its facilities.

Transforming Skill Landscape

Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.

On Sustainable Growth

Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.

REJIG for the big

Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.

Srei Equipment Finance and Bank of Baroda in strategic alliance

Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.

Infrastructure momentum to continue

Global construction equipment sales hit an all-time high of 1.1 million units in 2018, with a retail value of approximately $110 billion, according to Off-Highway Research.

We aim to double our top-line growth in four years

Premium Transmission provides high quality, precision-engineered power transmission products and solutions to the global engineering industry, catering to the needs of customers across the globe.

Growth ahead, no skidding!

According to the UN's World Economic Situation and Prospects (WESP) 2019, India's GDP growth is expected to accelerate to 7.6 per cent in 2019-20 from an estimated 7.4 per cent in the current fiscal ending March 2019.

Steer it up

In spite of the vast opportunities available, skid-steer loaders are still looking for a level-playing field in the Indian market.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

CE components market overview

The components, accessories and spares market is all set for a renewed growth in future in the light of increased construction activities.

Platform of innovations

Infrastructure sector including construction, mining and material handling segments continues to grow in India for the past few years with a host of positive measures from the government resulting in creation of more infrastructure projects.

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.