L&T Construction & Mining Machinery hit a new milestone with the commissioning of 1000th Komatsu PC210-10M0 Hydraulic Excavator recently.
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.
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.
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
Atlas Copco products are designed and developed for Indian job site conditions with various innovations through reengineering. Tony Van Herbruggen, General Manager, Power Technique Customer Center, Atlas Copco (India), shares more on the new product range and solutions for the market.
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.
The lockdown in the country has entered its third stage on May 4, 2020 in view of the deadly coronavirus pandemic continuing its grip on the country even after the six-week lockdown in two stages.
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.
Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.
With the Modular universal formwork, PASCHAL is providing a tailor-made solution for the construction of a single-lane road bridge as part of the Sita Rama irrigation project.
In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.
Over the last 20 years, through our high-technology innovative products and services solutions, Volvo Trucks has been driving progress in the Indian market.
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.
Semperit is one of the oldest rubber companies in the world with a multi-product portfolio. With four large state-of-the-art manufacturing units with a single global quality approach, Semperit offers reliable product range.
As a pioneer in excavator technology in India, L&T Construction & Mining Machinery has been at the forefront by consolidating its leadership position in the construction and mining equipment industry.
Atlas Copco is a world-leading provider of sustainable productivity solutions. Having started operations in 1960 with its registered office in Pune, Atlas Copco (India) now has 22 offices across India.
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.
Spraystream describes itself as a leading global player in dust control, cooling and misting systems to optimally address issues of industrial odour and dust.
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.
Pick up in infrastructure spending and construction activity, especially in roads and highways, irrigation and affordable housing segment, will continue to support demand for construction trucks.
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.
In the current scenario, most of the projects have become time-bound and have to be completed within the stipulated period. Due to this, expectation of the market has also changed especially in road segment.
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.
DOZCO range of customised attachments meets the rigorous demands of several industry-specific applications. Pankaj Kumar, Vice President, DOZCO (India) shares more on the market and product trends.
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.
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.
One pathbreaking offering: We have introduced a tower plant for the city environment. The plant has a footprint of 6 m + 8 m with vertical space and works in a total dust-free environment.
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.
Roads sector remains the biggest growth driver of motor graders in India. VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services, elaborates more on the market and technology trends in motor graders.
The mining equipment market in Asia Pacific is expected to grow at a faster pace in the coming years. VG Sakthikumar elaborates more on the trend and Schwing Stetter's solutions for the mining industry.
While Tata Hitachi is maintaining itself as the market leader in excavators in India, the company is aiming to have a decent market share in wheeled equipment segment also. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Co, shares more about the market and the company's plans.
Elgi Equipments offers portable compressed air solutions for a wide range of applications. Ramesh Ponnuswami, Executive Director, Elgi Equipments shares more on the industry scenario and solutions offered by the company.
With government focusing on infrastructure creation and development, construction and mining are expected to grow in the coming days, which means more compressed air power requirement.
Portable air compressors play a pivotal role in quarrying and mining applications. The quarrying application specifically, is a segment of paramount importance, looking at the amount of stone which is required for infrastructure projects.
The construction equipment (CE) market in India is booming. Industry outlook for CE sector is promising and growing due to many infrastructure projects initiated by the Government of India. Roads and irrigation sectors are driving the demand for CE sector.
Boom pump is a good investment for large projects like the Metros, airports irrigation projects and other high-rise infrastructure and real estate projects. These massive pumps shorten the duration of project completion, reduce downtime and labour costs.
Concrete is a major constituent of infrastructure projects: mainly in real estate, roads and highways, railways, sea ports, airports, power plants, irrigation and urban modernisation sectors.
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.
Infrastructure 2.0 is a movement to address issues with today's core network infrastructure in a customer's construction site to address the dynamic, automated nature of operation models like cloud computing, data center visualisation, IoT and usage of drones to keep site operations safe, secure, highly productive and efficiently managed.
At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
These are good times for construction equipment industry. Orders have gone up, thanks to a revival in the economy fuelled by government's affirmative actions to nurse the infra development sector back to health.
Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.
The mining and construction segments account for around 30 per cent of total heavy-duty (HD) truck market in India. But the segments have been facing tough times for the last 2-3 years.
Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).
The Indian market is probably one of the best infrastructure markets in the world on the highway front, along with there being a lot of discussions on more spending in airports and irrigation. So, it is a promising future for construction as a whole.
The wheel loader market in India has been growing at a brisk pace over the last couple of years after touching a low in FY 2015-16. The 3 to 3.5 Ton-class wheel loader market has witnessed 17 per cent growth in the FY 2017-18 till now.
We are focusing on making our wheel loaders versatile and suitable to meet various applications in roads, railways, irrigation, mining and industrial works by developing new attachments and variants, says Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro Ltd.
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.
Excon 2017 is all set to open its floors for the five-day mega technology feast on December 12, 2017. This year marks the ninth edition of the Excon, which has a 17-year strong legacy being organised since 2000.
With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.
The current construction equipment market in India is to grow at a rate of 25 per cent. Road, irrigation, ports, RMC, railways, metro rail, power (nuclear, thermal, solar, wind, hydro, gas based), real estate and other community buildings are the major demand drivers for our product line.
Government of India has given impetus in fast tracking various infrastructure projects, especially in road, railways, ports and airports sectors. There are also large irrigation projects under construction in Andhra Pradesh and Telangana states.
Roads and Highways sector has been and continues to be one of the major drivers for the ECE industry. Other sectors such as Railways, Airports, Inland Waterways etc are also integral in driving the growth.
The construction equipment (CE) industry is passing through an exciting phase as excavator industry has grown by more than 45 per cent in 2016 over 2015. The growth till September 2017 is estimated to be around 20 per cent over 2016.
We see the market for construction and construction equipment to be booming at the moment due to the government impetus to infrastructure, power plants etc. This has also resulted in a corresponding boom in underground and surface heavy civil engineering projects.
Growth has finally returned to the construction equipment industry. With the government's continuous focus on infrastructure and public spending, next couple of years may turn out to be golden era for the industry in terms of volume and growth.
We are involved in almost all types of construction projects, both in India and abroad. We are the pioneers in pile foundation works in India and execute various kinds of piling works like cast-in-situ driven piles, precast driven piles, jointed precast piles, precast pre-bored piles, bored piles, steel piles, composite piles, marine piles etc.
Volvo Trucks is gearing up for a renewed focus on construction, including roads, irrigation, quarry, and marble mining. In a meeting recently organised at its manufacturing and assembly facility in Bengaluru, the company has announced its plan to focus on construction segment and displayed the range of solutions.
Building on a strong tradition of fuel efficiency and productivity, the Volvo EC210D crawler excavator is now available in Nepal. This machine is equipped with a range of features to ensure a superior performance, shift after shift.