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India’s Road Network Boom
India has doubled its road network in the past decade, boosting connectivity and attracting significant interest from infrastructure investment trusts (InvITs).
Our system is a powerful human-machine combination
Bengaluru-based Control One AI, a robotics company founded in 2023, aims to enhance existing equipment with AI and vision systems, making it more intelligent and adaptable. The company’s Founder and CEO, Pranavan speaks on the company’s solutions.
Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
Highways to Progress
India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements, and sustainability initiatives, driving economic growth and setting global standards.
IndianOil Skytanking boosts airport fleet safety with Netradyne
Netradyne will provide its flagship platform, Driver•i
Vision 2030 Drives Growth
The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.
Revolutionising Construction
Concrete construction has evolved significantly, impacting both equipment choices and operational strategies.
FCC highlights growth opportunities in railways
FIRST Construction Council (FCC), an infrastructure think-tank, hosted a virtual discussion forum on Oct 5, 2023, to discuss business opportunities for industry in the developing rail infrastructure segment.
Uttar Pradesh plans Rs10 trillion investments
The Uttar Pradesh government aims to make the state an attractive investment hub by launching private industrial and infrastructure projects worth nearly Rs 10 trillion by December this year.
Indian Logistics Boom in 2023
H1 2023 recorded 49 per cent of total absorption registered over the entire previous year. This represents a YoY growth of 17 per cent bringing it to an estimated 15.4 million square feet.
Gujarat: One-stop destination for CE players
Gujarat Conex 2023, which will be held from September 21-23, 2023 in Gandhinagar, will be a meeting place for major industry players and policymakers to deliberate on furthering infrastructure growth in Gujarat and India.
FIRST Construction Council explains how to unlock value through ESG
With the rise in demand for sustainability, many companies are taking steps to become ESG (environmental, social, and governance) compliant. To delve deeper into the topic, FIRST Construction Council recently hosted a virtual discussion forum on the theme of “How construction companies can unlock value through ESGâ€.
Escorts Kubota contemplates sale of railway equipment division
During 1Q, Escorts Kubota navigated a decline in tractor sales
FCC discusses opportunities in road asset monetisation
Vikas Sharma of EY, and Vijay Agrawal of Equirus Capital spoke about the latest developments in the area of road asset monetisation.
The market for hoists has increased by 25 to 30% this year
PV Ramdev, Managing Director, Everest Engineering Equipment, speaks on the segments that are driving the demand for MHEs in India.
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.
CICEE 2023 gets tremendous response from Indian CE rental industry
CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.
The Rise of Equipment Rental
The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.
Bringing sustainability to the fore
JCB has continued to make concerted efforts to conserve and optimise the use of energy.
Towards a “Greener Future†together
Developing businesses are treating “sustainability†as the crucial goal of their method and operations to escalate growth and to compete in the global market.
Adani Group to invest Rs 600 bn in Madhya Pradesh
The Adani Group will invest over Rs 600 billion in a number of sectors in Madhya Pradesh which would create thousands of jobs. This would reshape the economy of several districts in the state, said Pranav Adani, Director at Adani Enterprises at the seventh Madhya Pradesh Global Investors Summit.
BK Modi Group intends to spend $1 bn over the next five years
Over the next five years, BK Modi Group will invest around $1 billion in the market. The organisation will include international investors in the proposed projects as a source of funding.
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
Sweden likely to invest Rs 150,000 million in UP
Swedish businesspeople are interested in making investments in Uttar Pradesh totaling 150 million euros. According to a statement the business intentions were submitted at the Stockholm Investment Roadshow.
Equipment manufacturers lead IoT mining revolution
Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.
Enhancing efficiency
India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.
Escorts is now Escorts Kubota
Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanisation and spreading farming prosperity.
Escorts Limited is now Escorts Kubota
Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity.
Chamarajanagar to set up lithium-ion cells production unit
Chamarajanagar in Karnataka will set up a production unit of Lithium-ion cells and batteries, which will soon power the electric vehicle (EV) revolution across India.
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.
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
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.
Voltas plans compressor manufacturing unit
Leading domestic air-conditioner maker Voltas plans to set up a compressor manufacturing unit in partnership with an international partner and will invest around Rs 500 crore, said a top company official.
Toshiba Johnson Elevators secures orders from RMZ
Toshiba Johnson Elevators (India) (TJEI), India’s fastest growing elevator and escalator company, announced winning massive orders to supply 168 elevators at three flagship projects of the celebrated RMZ Corp, one of Asia's largest privately-owned real estate owners, investors, and developer
SGL opens new lubricant plant in Sharjah
Siddharth Grease and Lubes Private Limited (SGL), a leading Indian manufacturer and supplier of lubricants, has opened its latest lubricant and grease plant built at an investment of AED50 million ($13.61 million) in Sharjah's Hamriyah Free Zone Authority (HFZA).
7th India Construction Festival
Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.
Toshiba Johnson Elevators secures orders from RMZ
Elevators will be installed across RMZ’s flagship projects in Bengaluru and Hyderabad.
Euler Motors launches HiLoad EV
Launches six ‘segment-first’ features in 3W Cargo: Innovation from India, made for India
7th India Construction Festival takes off with focus on tech
The most-awaited 7th India Construction Festival, organised by infrastructure think-tank, FIRST Construction Council & ASAPP Info Global Group, has commenced in Mumbai.
Unlocking the mining potential
The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.
L&T signs agreement to divest Singoli-Bhatwari hydroelectric project
Larsen & Toubro, announced the divestment of 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.
Srei receives EoI for $250 mn capital infusion from international PE funds
Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
Property mgmt firms becoming vital part of real estate
Real estate demand in metro cities is witnessing a boom due to the multiplicity of different kinds of industries, MNCs, small-scale businesses, and home-grown brands, writes Samkit Jain of Bullmen Realty.
Kevin Lichtenstein joins ArcVera
ArcVera Renewables, a leading provider of consulting and technical services for wind, solar and storage projects, has recruited Kevin Lichtenstein as Director - Solar Energy Group, Global.
Srei receives EoI for capital infusion from Cerberus
The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.
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.
Srei Equipment receives EoI for $250 mn capital infusion from international PE funds
The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
1st IIEF lauds innovations in 5 categories
Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.
NHAI to develop over 600 wayside amenities
In a major move to improve commuting experience on national highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the national highways in the next five years, out of which 130 is targeted for development in 2021-22.
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.
Srei forms Strategic Coordination Committee for raising fresh capital
The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.
NHAI to develop over 600 wayside amenities
n a major move to improve commuting experience on National Highways for both passengers and truckers, the National Highways Authority of India (NHAI) will develop world class ‘Wayside Amenities’ at more than 600 locations across 22 states along the National Highways in the next five years, out of which 130 is targeted for development in 2021-22.
Focus on infra to revive economic growth
The government’s focus on building infrastructure will create jobs and revive economic growth
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.
Schwing Stetter inaugurates manufacturing facility in Cheyyar
Schwing Stetter inaugurates manufacturing facility in Cheyyar
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.
Mega Infrastructure Summit 2021 to be held on Apr 6-7
The Mega Infrastructure Summit 2021 is all set to welcome you back to an engaging physical forum to unlock and connect you with unlimited networking opportunities.
Growth factors of Indian warehousing and logistics sector
Aditya Vazirani, CEO of Robinsons Global Logistics Solutions, elaborates on the factors that will drive the growth of Indian warehousing and logistics in 2021.
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
Kool-ex partners with IndoSpace to set up pharma warehouses
For warehousing, Kool-ex has partnered with IndoSpace to build customised, GDP/GWP compliant, temperature controlled, pharma distribution centres across the country.
Informa Markets and KDCL unveil InfraConex
Informa Markets (formerly UBM India), India’s leading B2B exhibition organiser, and K and D Communication (KDCL) in a joint venture, unveiled a brand new exhibition ‘InfraConex’ that will cater to the Indian construction equipment sector.
Welspun One to set up 110-acre warehousing project in Bhiwandi
Designed to global standards and Green Building Certification requirements, the project is positioned to become a key asset in the hub of Mumbai’s warehousing market.
Financing Challenges
Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.
Coal Ministry initiatives to improve mining efficiency
The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector
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.
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.
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.
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.
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.
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.
Schwing Stetter India signs MoU with Tamil Nadu Government
Schwing Stetter India signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government during the Global Investors Meet 2019 held in Chennai on January 23 and 24, 2019.
Srei to augment infra and equipment finance businesses
Srei Infrastructure Finance announced its decision to augment the capital of both its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further.
Indian CE Market Overview
The market for construction equipment will follow an upward trend in the next five years.,
Pioneering Growth
Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.
Escorts appoints Nikhil Nanda as new CMD
The Board of Directors of Escorts Limited appointed Nikhil Nanda as the Chairman and Managing Director (CMD) of the company.
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.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
All set to meet infra growth demand
Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
we are showcasing electro-hydraulic products among others
The current industry scenario seems encouraging. We are already witnessing good growth from both earthmoving and road construction segments, especially from platforms like excavators and loaders. This growth is expected to sustain with the government looking at investing in smart cities as well as developing infrastructure projects.
Access market for new machines has grown by 24 per cent
Although there has been an increase in awareness of the use of access equipment for safe and productive work at heights, compared to matured markets of Europe, the US, South America, Australia, Singapore, the Middle East, Japan, South Korea and China the growth in India has been dismal and nowhere close to its potential.
Metallurgy Trends in Construction
Steel and metals play a major role in the construction industry. Alireza Moghaddam explains on the use of metals in construction and the new trends and the emerging market opportunities.
We wish to be a major tier-1 supplier in selected industries in ten years
Cyient was founded in 1991 and this year marks the 25th anniversary of our brand promise?Designing Tomorrow Together.? Today, we are a $472 million company built on our Values FIRST principle (Fairness, Integrity, Respect, Sincerity and Trust).
Back on Track!
The Indian mining and material processing industry, along with other bulk material handling operations like coal loading or bulk handling at ports, and aggregate processing in roads, is already on a fast track growth trajectory in India, thereby driving the demand.
Brexit?s Impact on India
Brexit as an event will impact the future of the UK and EU. This victory for exit, however narrow, came as a surprise as pre-voting polls predicted the results to be otherwise. The next step is to ratify the Article 50 of the Lisbon Treaty. But before the treaty there are a lot of issues which need to be worked out.
National Capital Goods Policy 2016
The National Capital Goods Policy 2016 has been the talking point for some time now. It is a policy that is not short on intent. It is conclusive but not entirely comprehensive. Some critical elements have been surprisingly left out.
Underground Excavation is Here to Stay
Sub-terrain excavation and drilling to provide sustained connect for utilities, in urban spaces, is the essence of the challenge. It is adequately met by using micro-tunnelling and trenchless technologies.
Hydraulic Motors & Valves
Motors and control valves are essential components of any hydraulically operated machine as they are instrumental in creating the required motion. To explain it simply through an analogy with the human body, motors can be compared to our limbs and control valves to our brain.
Going Green in MHE
Indian warehousing and logistics sector is booming. JLL India reports that the warehousing and logistics sector in the country received a whopping investment of Rs 1,438 crore through two major deals in 2015.
3rd Smart Cities Summit 2016
It was a day-long event that witnessed participation from over 70 distinguished speakers and a high-powered, 50-member Smart Cities Trade Mission led by Bruce Andrews, Deputy Secretary, US Department of Commerce.
Large Miners Forward
While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India
Exceeding Expectations
According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry
Rise to Challenge and Embrace the Future
LiuGong Machinery Co Ltd held their 12th Global Dealer Conference and Press Meet at Nanning, China during November 16-17, 2015, attended by 650 dealers and 19 media groups. Shankar Srivastava represented EQUIPMENT INDIA in this mega event.
Dedicated infra financing vehicles are need of the hour
Eight months in office, the Central Government has done well to improve the business sentiment. Several measures aimed at easing the way of doing business have been taken. Things have started looking up for the infrastructure sector too.
Efficient and seamless rail and sea network is a must
Inflation control actions, excise duty reduction and sustainable capital funding plan will help the infrastructural sector to grow which will help LiuGong?s Indian operations positively, says Sanjay Wadnerkar, Vice President, LiuGong India.
We need to adopt ISO standards for testing, safety, emission, etc
The major hurdles that will dent the ?Make in India? campaign are poor quality of finished goods due to lack of workmanship and technology deficit in designing quality equipment, says Amarnath Ramachandran, President - Designate, LeeBoy India.
Ensure that stalled projects are cleared without further delay
Make in India campaign will push for necessary policy reforms which will make it easier for prospective investors (domestic and international) to explore India as a business destination, particularly for infrastructure building equipment, says Amit Gossain, EVP - Sales, Marketing and Business Development, JCB India.
Make in India
Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.