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Italian construction equipment market shows a stable trend

Italian construction equipment market shows a stable trend

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

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.

Manitou reorganises compact equipment division after tough 2020

Manitou Group has launched a new five-year business plan as it heads into 2021 and strives to recover from the pandemic-induced economic downturn.

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.

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.

Mining market scenario

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

The M&HCV tipper trucks segment continues to look positive

RT Wasan, Vice President, Product Line, M&HCV, Tata Motors, elaborates on the company strategy in the Covid-impacted market scenario.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

“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.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

ICRA predicts construction equipment volume growth in CY2021

Central Government projects in roads and rural development will drive demand

Mahindra’s Zaheerabad plant to be hub for new K2 tractor series

The K2 series aims to create a light-weight tractor program for both domestic and international markets

Rolls-Royce expands MTU power generation footprint in Mankato

Rolls-Royce has announced a $13.9m investment in its Power Systems business unit for the addition of a new research and development building and multi-phase expansion of its MTU power generation manufacturing facility in Mankato, Minnesota, USA.

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.

Seeking Light at, the End of the Tunnel!

Prime Minister Narendra Modi is all set to inaugurate the world’s longest railway tunnel above 10,000 feet height on October 3. The Atal Tunnel is being completed at the most difficult time of coronavirus pandemic.

Digitised & connected mining with advanced automation technology

Like automotive industry, emerging advanced technologies are helping mining industry to upgrade as well as digitise their operations. According to various report, India is one of the largest exporters of iron ore, chromite, bauxite, mica and manganese.

APM Terminals Pipavav’s board approves Rs 700-cr expansion plan

APM Terminals Pipavav (Gujarat Pipavav Port) has announced the approval of Rs 700 crore in coherence to the expansion plan of the company.

Tower Cranes in Tough Times

: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.

New Frontiers of Trenchless Technology in India

During the past 25 years, trenchless technology has become a major part of construction industry in India. Dr Niranjan Swarup elaborates on the emerging trends in trenchless technology in India and the opportunities for the world

Green Technology for Indian Roads

The Ghaziabad-based JRD Infratech is using an Ammann ACC 90 CounterMix asphalt-mixing plant in their project to meet the guidelines of the National Green Tribunal and Central Pollution Control Board

Auto component industry turnover down by 11.7 per cent in FY 2019-20

The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year

BEML’s Industrial Design Centre inaugurated

BEML’s Industrial Design Centre (IDC) located at its Bangalore Complex was inaugurated by the Union Defence Minister Rajnath Singh

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

We are leveraging digital technology in our products and services: Jasmeet Singh

JCB has pioneered the integration of digital technology in its ‘Intelli’ series of construction equipment. Jasmeet Singh, AVP, Corporate Communications & Corporate Relations, JCB India, shares more.

Paving the Road to Success

To be competitive in a global market, it is essential for OEMs explore and take the first step towards adopting advanced automation and digitisation solutions. Saurabh Kulkarni, Mobile Automation Expert at B&R Industrial Automation, Austria writes.

The long term outlook is excellent for the crusher market: V Senthilkumar

Propel Industries has pioneered over the years in developing some of the break-through solutions in the crusher market. V Senthilkumar, Managing Director, Propel Industries, shares more on the company’s solutions for the aggregate segment and the overall market scenario.

India will be a high growth market: Vivek Hajela

L&T has fully conceptualised, designed, developed and manufactured in-house wheel loaders with more than 90 per cent components sourced domestically. Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro, shares more on the market scenario and outlook.

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.

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).

Apollo Tyres commissions greenfield facility in AP

Apollo Tyres commissioned its seventh manufacturing unit globally, and the fifth one in India

Financing Challenges

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

We have a huge focus on Indian market

With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.

Maharashtra CM offers quick approvals for industry projects

Maharashtra Chief Minister Uddhav Thackeray in a meeting with industrialists assured that the state government would give quick approvals for new projects

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

Budget cuts by states to adversely affect construction contractors: ICRA

The overall capex budgeted by states for FY2021 is likely to witness steep cut.

Our vision of ‘Always Better’ goes beyond traditional thinking

With business in more than 120 countries and direct presence in 28 countries, Elgi Equipments is consolidating its presence in global market with innovative products and services.

Building confidence

The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.

Driving Efficiency at Underground Zinc Mine

Boasting high uptime, low fuel consumption and extreme versatility, a fleet of 22 L90F wheel loaders from Volvo CE has helped Rampura Agucha Mines in Rajasthan, excel in operational efficiency.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

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.

Our products are intelligent and connected

With one of the six global innovation centres in India and the presence of modern manufacturing set ups here, Eaton is committed to the development of Indian market.

OTR Tyre Market Insights

The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.

Indo-German Engineering Trade in 2019

India is the second-largest sales market in Asia for the German engineering industry.

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

Manitowoc to debut six new cranes at Conexpo 2020

Manitowoc Cranes will unveil six new cranes at Conexpo 2020. In addition, four other crane models that were introduced in 2018 and 2019 will also be on display at the company's booth, with several making their North American debuts.

Fully Integrated Machine-centric Robotics Solution

ABB robots will be integrated into B&R's automation portfolio in the first fully integrated machine-centric robotics solution introduced jointly by ABB and B&R.

KONE inaugurates new warehouse in Mumbai

KONE Elevator India opened its new warehouse at Andheri in Mumbai. Housing more than 2,000 different parts, the warehouse will serve more than 2,500 current customers.

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.

Manitowoc to debut six new cranes at CONEXPO 2020

Manitowoc Cranes will unveil six new cranes at CONEXPO in 2020. In addition, four other crane models that were introduced in 2018 and 2019 will also be on display at the company?s booth, with several making their North American debuts. I

We create value for our customers through make in India

LeeBoy India benefits from having a local manufacturing facility to effectively catering to the local and export markets.

We are geared up to meet the growing demands

The Power Solutions Business of Ashok Leyland has introduced 20 prototypes of engines complying with the upcoming emission norms. Rajesh R, Vice President, Power Solutions Business, Ashok Leyland shares more on the market and the company's plans.

Infrastructure takes pole position

The Central Government's latest announcement on investment in infrastructure has revalidated the mood that was set by Union Minister Nitin Gadkari at EXCON this December.

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.

Cummins India wins award at Excon

At the Excon 2019, Cummins India was felicitated with the ?Excon Women Building India Awards-Inclusive Workplace-EQUAL OPPORTUNITY AWARD? by the hands of Union Minister for Road, Transport & Highways and Micro, Small and Medium Enterprises (MSME), Nitin Gadkari and Karnataka Chief Minister BS Yediyurappa.Cummins India was recognised for its leadership and deep commitment towards diversity

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.

Global demand and supply for piling equipment to soar

A booming construction industry across the globe is expected to propel the demand for piling equipment and supplies necessary in pile foundation work.

SOHAR Port Anticipates Potential Business Opportunities

With several developmental plans underway, including future projects, SOHAR Port and Freezone continues to seek possibilities for growth and expansion.

We strive to strengthen our international position

Sir Meccanica is among the leaders in the production of portable multifunction machine tools, used in the production and maintenance of internal and external cylindrical surfaces in various industries

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.

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.

Compact track loaders to maintain growth

Better maneuverability in challenging conditions makes compact track loaders maintain a strong momentum, says a Fact.MR research report.

CE Market to Bounce Back

Off-Highway Research forecasts that the market for construction equipment (CE) will dip in 2019 but follow an upward trend thereafter during 2020-2023. Samir Bansal elaborates.

Malaysian developer adds three Potain MCT 385 cranes

Malaysian equipment rental company Megah Sewa is adding three Potain MCT 385 cranes to its fleet for the first time. Megah Sewa is the plant and equipment subsidiary of Gamuda, the largest infrastructure development company in Malaysia, and for its most recent investments, it added three Potain topless tower cranes.

Compact track loaders

The global compact track loader market is anticipated to reach a market size of US$ 4,461 million by 2028, as per a Fact.MR research study for the forecast period of 2018 to 2028.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

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.

Global loader crane market to have steady growth in next 8 years

During 2018-2026, the global revenue of loader crane market is anticipated to expand at a steady CAGR of 4.6 per cent and reach a valuation of $2,083.6 million by the end of 2026, according to a report by Persistence Market Research.

Escorts Q2 profit up

Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.

Elgi Equipments launches oil-free piston compressors

Elgi Equipments, one of the world?s leading air-compressor manufacturers, exhibited its oil-free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia?s largest rail transportation event.

Mining Needs a Leg-up

For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

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.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

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.

Building smart machines and factories

The Innovation Day conference held in Ahmedabad was insightful with dedicated focus on smart manufacturing.

MHE holds enormous growth potential

Despite the relative slowdown in demand in the current fiscal, the market for material handling equipment (MHE) will continue to expand in double digits over the next few years.

Loads of Opportunities

With the construction activity picking up and mining operations reviving in India, new opportunities are knocking at the doors of the wheel loader market.

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.

Technology Boost for Logistics

With the advent of GST and giving infrastructure status to logistics sector, many logistics companies are investing heavily in warehouse space and infrastructure.

Technology Boost for Logistics

With the advent of GST and giving infrastructure status to logistics sector, many logistics companies are investing heavily in warehouse space and infrastructure.

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.

Setting New Benchmark

Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.

Bigger Digger

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.

Recharge to Rebuild!

The manifesto of the NDA points towards building 12,000 km of roads per annum! In 2018-19, even though contracts awarded were to the tune of 15,000 km (against 17,055 km in 2017-18), the figure for roads constructed up to November 2018 has been 5,759 km (against 9,829 km in 2017-18).

In-transit concrete mixer market

According to a new study, revenues from the concrete mixer market were in excess of 126,800 units in 2018, and are estimated to record a 4 per cent Y-o-Y growth in 2019.

The Rise of Smart Warehousing in India

For a fast-evolving global economy like India, a sophisticated logistics, and warehousing system is a key driver for consistent growth.

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.

Building India's Future

Completing 15 years of operations in India in 2019, Terex AWP looks forward to continuing its legacy of productivity and safe working at height in the market.

MCE industry looks for recovery post elections

Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.

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.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

Infra Growth to Drive Demand

Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.

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.

The Eleventh Hour Is Here!

By 2025, the construction market in India is expected to emerge as the third-largest globally.

JLG and Dana join hands on electric axles

Dana Inc announced its collaboration with JLG to develop an advanced Spicer ? Electrified ? e-Axle as part of JLG?s electrification initiative.