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We expect the demand to grow for hydraulic excavators

Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

We expect the market for hydraulic excavators to grow by 20%

The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.

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.

Rahul Shorey of Tata Hitachi: We are working on excavators meeting next-gen emission norms

Rahul Shorey, National Head (Construction), Tata Hitachi Construction Machinery Company, speaks on the opportunities and major challenges faced in the hydraulic excavator segment.

Rising Tide

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

Bharat Road Network, Cube Highways sign deal for sale of 126-km road project in UP

BRNL along with its partners inks deal for complete transfer of ownership in an operating toll road project from Ghaziabad to Aligarh on National Highway 34

Infra push to drive demand for diesel engines

Factors such as demand for reliable electricity, which is growing across the world on account of industrial expansion and development of commercial infrastructure are driving the diesel power engine market.

Tata Motors Construck Transit Mixer and Boom Pump Series

The construction and infrastructure sectors are the cornerstone of the country’s growing economy. With enhanced government focus, these sectors are growing at a fast pace.

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.

HCC Group to receive Rs 1,259 cr from NHAI BOT conciliations

HCC Concessions (HCON), the infrastructure development arm of HCC Group, concluded its conciliation with NHAI for all disputes concerning Baharampore-Farakka Highways Ltd (BFHL) and Farakka-Raiganj Highways Ltd (FRHL).

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

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.

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.

Improving efficiency

Batch mix plant is the most widespread type of asphalt plant in the world, which guarantees the highest level of flexibility in production and quality of the finished product.

Hyundai CE India launch new excavator fleet

Hyundai Construction Equipment launched the upgraded series of excavators under the series name SMART PLUS and new Global colour to strengthen the brand positioning in India and Export market.

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.

AWPs for safe and reliable operations

The post-pandemic conditions demand for safer and secure means of operations where AWPs will play a major role and will gain prominence in future.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

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.

L&T Construction bags mega contract of India’s first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

Crushers & Screens: Gaining Momentum?

The growing aggregate requirements in the infrastructure projects and the improving mineral mining activities in the country demand crushers and screens in large numbers. But with some roadblocks pose as challenges in this positive scenario, can the crusher segment gather momentum

Energy efficiency will be the driving force in the future: Rajesh Premchandran

More than 95 per cent of ELGi’s portable air compressors are powering drilling operations. Rajesh Premchandran, Director – ISAAME (India, South Asia, Africa and Middle-East), Elgi Equipments, shares more.

There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran

While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.

We have a diversified portfolio to suit the widest range of machines: Piero Guizzetti

MB Crusher products are easy to move, install and service, which results in maximum uptime and consistent performance, irrespective of the site locations like quarries, mines or hilly terrain. Piero Guizzetti, CEO, MB Crusher India, shares more.

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

Telangana welcomes CE companies to invest in state

Telangana’s IT and Industry Minister KT Rama Rao welcomed construction equipment companies to invest in the state for manufacturing construction equipment (CE).

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

Budget 2020

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

We are preparing ourselves for the future

With timely planning and execution, the government will be able to alleviate the current situation and lead the construction market on the road to recovery. Puneet Vidyarthi, Brand Leader, CASE India, CASE Construction Equipment, shares more on the market scenario.

Manta buys two Potain MCT 565 topless cranes in Singapore

Manta Equipment received two brand new Potain MCT 565 M25 topless cranes in Singapore and recorded immediate success with both.

Construction and infra activities will pick up and normalise in the next two months

Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.

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.

Construction equipment technology has come a long way

The need to execute challenging projects within stipulated timelines will further strengthen the mechanisation process in construction.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

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.

Towards Greener Future

Asphalt is regaining traction in the Indian road construction due to its better recyclability and the freedom to use waste materials like plastics along with asphalt mix. The future looks greener for asphalt mixing plants.

Steering Growth

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

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.

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.

Our plan is to innovate, and we are continuously working on better products

Atlas Copco Power Technique provides air, power and flow solutions through products such as mobile compressors, pumps, light towers and generators, along with a number of complementary products.

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.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Elgi Equipments launches portable air compressors at Excon 2019

Elgi Equipments launched its future-ready, energy-efficient range of electric and diesel portable air compressors at Excon 2019.

Increased footfall of customers boosts the confidence of the OEMs

A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.

CASE will be showcasing its entire gamut of products

CASE Construction Equipment, a brand of CNH Industrial NV, is a leader in compactors and backhoe loaders and the first company to have sold over 13,000 units of vibratory tandem compactors.

The highlight of the expo will be front-end attachments

Ajashy Engineering manufactures quality offshore and onshore cross country pipeline equipment, special attachments for construction equipment, diesel bowsers, lighting masts and mobile service vans in India.

Customisation is one of our top selling points

A joint venture between Mitsubishi Heavy Industries Japan and VST Tillers Tractors established in July 2007, Mitsubishi Heavy Industries-VST Diesel Engines (MVDE) manufactures Mitsubishi diesel engines in Mysore and caters to the markets across the globe.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

Excon 2019 to demonstrate smart technologies for infra growth

Confederation of Indian Industry (CII) will unveil the 10th edition of South Asia?s largest construction equipment (CE) trade fair Excon 2019 tomorrow in Bengaluru.

India Construction Festival - 2019

The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.

On the right path

It is a fact that the industry is under tremendous pressure of economic slowdown. However, hopes are alive as the government is listening to the problems of the industry and working out resolutions for a faster recovery.

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.

Towering opportunities

Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.

Thwarting challenges

The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.

Filters for CE Applications

The market for hydraulic filtration is expected to grow in future due to demand from infrastructure sector and to meet the upcoming emission regulations next year.

Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

Futuristic innovations

The growth journey of the construction and infrastructure sector is to continue with the new government focusing on the infrastructure development once again.

Srei to continue its focus on equipment finance

Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance has consolidated the lending business of Srei Infrastructure Finance and Srei Equipment Finance into one entity since the focus for last four years has been on growing equipment financing and reducing the infrastructure loan portfolio.

Srei, Oriental Bank of Commerce sign pact

Srei Equipment Finance and Oriental Bank of Commerce announced a strategic alliance to offer loans for purchase of equipment under a co-lending arrangement. iQuippo, a Kanoria Foundation initiative, will facilitate sourcing of loans under this program.

Attachments make machine versatile

Attachments play an important role in maximising the utilisation of capital equipment. Anish Modak, General Manager, Fine Equipments India elaborates more on the importance, advantages, challenges and market opportunities.

SLCM plays a vital role in mobile concreting equipment sector

Self-loading concrete mixer (SLCM) market is upbeat and the Argo model can be a panacea in the concrete life to many odd jobs of varied concreting applications.

From Recovery to Growth

In the past few months, the mobile cranes business has been improving quietly. The market is recovering and moving towards growth.

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.

New Age Engines

Diesel engines are the major source of power for various machines which are utilised in construction, agricultural, automobile and industrial verticals.

Riding on infra push

Pick-up in infrastructure spending and construction activities is expected to drive the demand for tipper trucks in the coming years.

Digital push in CE

With the growing need for real-time monitoring and control of equipment fleet and operations, use of digital technologies in construction equipment operation and maintenance is gaining more traction in the current scenario.

IMT unveils piling rig for Indian market

IMT, one of the global leaders for piling rigs, has launched its AF 125 piling rig, made in India for the Indian market.

CPM insurance in CE

India's economy is big and is getting bigger. The construction industry is the second largest industry in India after agriculture.

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.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

ICRA envisages stable outlook for construction sector

Rating agency ICRA estimates a stable outlook for the construction sector in India, supported with strong order inflow in the last couple of years and a huge pipeline of projects to be awarded in the infrastructure segment.

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.

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 Pulse

With the construction equipment market is on a growth path, Equipment India explores the market scenario of construction equipment and allied products and services.

"Customers NOW prefer higher capacity equipment"

With the impending revival of infrastructure sector and the government's definitive focus on growth, sales are expected to rise in the coming days.

Construction equipment market is back with a bang

We see an immense focus on infrastructure (roads, airports, ports, smart city projects, etc) and industrial projects.

Indian CE Market Overview

The market for construction equipment will follow an upward trend in the next five years.,

We offer much more than just the live auctions

Ritchie Bros is one of the largest equipment platforms worldwide, transacting hundreds of thousands of items each year. Eduard Faig, Regional Sales Manager, Middle East, Africa and Asia Subcontinent, Ritchie Bros elaborates on the company's presence in the global market and its future plans for India.

CHALLENGES and NEW Opportunities

The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.

6th Annual Equipment India Awards 2018

The sixth Annual EQUIPMENT INDIA Awards 2018 recognised and rewarded the top performers of Indian construction equipment industry.

6th AnnuaL EQUIPMENT INDIA Awards 2018

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.

India has great potential in mining

The mining market in India is growing, but at a slower pace compared to other industry segments due to stringent regulations and environment related challenges.

Port of call

Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.

Ports of Opportunities

Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.

Srei reports steep profit growth in Q1

Srei Infrastructure Finance (Srei) has reported a consolidated profit after tax (PAT) of Rs 139.55 crore during the quarter ended June 30, 2018 as compared to Rs 65.15 crore during the corresponding quarter of 2017.

Vertical Growth

Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

Equipment insurance sector will continue to grow

Considering the current scenario of infrastructure developments, there isa substantial growth potential in equipment insurance.

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.

On growth Track

The upswing in construction equipment market in the last two years has created new opportunities for equipment finance market. Leading finance players are keen on the growing trend of the infrastructure market in India that has helped the construction equipment market for a turnaround after a rough patch till 2016.

Technology Meets Opportunity

Rs 1.2 trillion investment in roads and highways; extension of 3.17 lakh km of rural roads; 35,000 km highway construction under Bharatmala Pariyojana scheme- it seems that there is a lot slated to happen in the coming years in rural roads and highways.

GS Caltex's offerings for Infrastructure Sector

Nearly every business in construction sector is under increasing pressureto lower operating costs and increase efficiency. This often means doing more with fewer people and using equipment for longer duration.

Indian CE Market: AN Overview

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.