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.
Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.
: 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.
Mining policy revival and recovery of construction activities can bring back the power in mobile compressor market. Next year could see the industry back in full action which can drive the growth of mobile compressors in the long term.
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.
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?
Given the grievous COVID-19 pandemic impacting the overall economic activities in the country, various industry organisations had sought government support by way of financial stimulus and other policy-related initiatives.
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.
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.
India is becoming a prominent market for tunnel boring machines (TBMs). In the coming years, TBMs in more numbers are expected in Indian construction projects.
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.
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.
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.
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.
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.
The Mumbai Metro Rail Corporation (MMRCL) has awarded the contract for the tunnel ventilation system and environmental control system works to Voltas for the section Mumbai Central (excluding) to Cuffe Parade (including) for its Colaba-Bandra-SEEPZ Metro-3 corridor.
With the Indian infrastructure players fully appreciating the importance of foundation equipment only in the past few years, Casagrande is keen to partner with them to enhance efficiencies and productivity.
Spraystream describes itself as a leading global player in dust control, cooling and misting systems to optimally address issues of industrial odour and dust.
In a significant milestone for the city?s metro network, Hindustan Construction Company (HCC) completed the south-bound tunnel between CSMT and Mumbai Central stations on August 2, 2019.
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.
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.
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 joint venture (JV) of Tata Projects with Turkish company Gulermak, Gulermak-Tata Projects has bagged the tunnelling projects for the underground section of the Pune Metro Rail project.
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.
With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry
The consortium of TRIL Urban Transport (a Tata Group Company), and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services), has been awarded the contract by the Pune Metropolitan Region Development Authority to develop the metro corridor from Hinjewadi to Shivajinagar.
Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.
Dilip Buildcon has bagged a metro rail project worth Rs 247.06 crore in Madhya Pradesh. The company won the contract as the L-1 bidder for Bhopal Metro rail project, Phase -I, by the Urban Administration and Development Department Madhya Pradesh, Metro Rail Co Ltd, Bhopal, according to Dilip Buildcon
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.
Vrindavan Chandrodaya Mandir is the world's tallest temple under-construction at Vrindavan, Mathura. At a cost of Rs 3 billion, it will be one of the most expensively built temples in the world by ISKCON Bangalore.
Reliance Infrastructure EPC has secured a contract worth Rs 1,584 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Mumbai Metro Line-4.
The joint venture (JV) of Tata Projects-China Harbour Engineering Company (TPL-CHEC) received the Letter of Award (LoA) for constructing two packages of the Mumbai Metro Elevated Line 4. The packages lie on the line extending between Wadala and Kasarvadavali.
Louis Berger, as part of a DB-led consortium, was recently awarded a project management and construction management services contract, including design review, for Mumbai Metro Line 4 by the Mumbai Metropolitan Region Development Authority (MMRDA).
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.
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 2.0' was the theme of our 10th Annual issue of Equipment India. The 5th Annual Equipment India Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.
Hindustan Construction Company?s (HCC) joint venture (JV) with AL FARA?A has been awarded the Rs 484 crore contract by the Maharashtra Metro Rail Corporation, for Pune Metro Rail Project. The contract is for construction of eight elevated metro rail stations on line II (E-W Corridor) of Pune Metro Rail project.
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.
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.
The boring of the first-ever tunnel in Mumbai for the underground metro project has begun at the Naya Nagar site in Mahim. Naya Nagar is one of the seven ?launching shafts? from where tunnelling operations will be conducted.
The Bullet Train dream is beginning to take shape. Japan is funding the project with a soft loan over 50 years with a 15-year moratorium. But even before we get onto a Bullet Train, the metro rail projects have kicked up a storm.
Tata Projects has completed the Lucknow Secretariat to Hazratgunj underground tunnel boring work for the Lucknow Metro Rail Corporation. According to the company, this was achieved in a seamless, disruption-free manner and in a short period of five months. The tunnel boring of 812 m stretch was executed as an EPC project.
Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.
Dr E Sreedharan was revered and acknowledged as India's 'Metro man' because he managed to do the impossible, i.e., dig into Delhi while it worked and build the metro rail, and that too, in record time. His execution won him laurels.
Bangalore Metro Rail Corporation (BMRCL) has awarded a contract to Hindustan Construction Company (HCC), which had partnered with URC Construction for bidding the project.
A trencher can easily excavate in soil, hard rock condition or in permafrost and desert areas. Shantanu Sinha explains the advantages of using trenchers in large-scale pipeline excavation.
VG Sakthikumar, Managing Director, Schwing Stetter Sales and Services, explains the paradigm shift in concrete delivery systems, with a focus on his company's advanced technologies.
Skid steer loader (SSL) is a utility machine which is highly versatile. Mostly the machines are used in general construction: residential, commercial buildings for moving materials like sand, bricks, cement, crushed stone aggregates etc.
Skid steer loader (SSL) is a highly versatile utility machine used in general construction. They are used for material handling and movement in heavy construction like construction of bridges, elevated roads, metro rail infrastructure, tunnels to name a few where the space is restricted and SSL is an ideal option.
The Noida-Greater Noida Metro link has witnessed the fastest-ever pace of infrastructure implementation in India, where record speed of construction and pre-casting was a prerequisite. Atlas Copco is a part of this prestigious project by partnering with CEC International Corporation.
The second phase of Rapid Metro Rail Gurgaon was launched by the Haryana Chief Minister, Manohar Lal Khattar. With Siemens acting as a lead contractor, the second phase of Gurgaon metro has been successfully completed. The minimum headway will be 270 seconds which will give a line capacity to carry about 30,000 passengers.
The construction equipment segment in India has something to cheer about from the Budget measures such as more fund allocation to rural roads and highways construction, and announcement of infrastructure status to affordable housing.
In Denver, Colorado, a massive new infrastructure project is underway. The North Metro Rail Line is an 18.5-mile electric commuter rail system that will connect Denver?s Union Station with many of the city?s northern suburbs.
The Union Budget 2017 with an agenda to transform, energise and sanitise India is reasonably balanced for an inclusive growth of the Indian economy. A couple of initiatives announced in the budget presented on February 1 bring some cheer to the sector.
It is a positive and decisive budget coming especially against the backdrop of the government?s boldest measure of demonetisation. The Finance Minister has spelled out a forward-looking regimen for the infrastructure sector with a total allocation of up to Rs 3.96 trillion.
Off late, there have been numerous disruptive technologies and equipment concepts introduced to Indian markets. Earlier most of these were only available to highly developed countries like USA or European Union where mechanisation and process integration has been of essence, to counter act lack of adequate manpower.
We are growing at a steady pace. In India, over the next few years the earthmoving and construction equipment (ECE) industry is expected to grow at a tremendous CAGR of 20-25 per cent.
With Singapore?s metro rail network set to double from the current 178 km to 360 km by 2030, there are a slew of projects currently ongoing. Much of the work takes place below ground and with the demanding construction schedule, contractors are looking to the latest technology to help them bring more efficiencies to their projects
Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.
The demand for concrete equipment and ready mix concrete (RMC) is charting an upward trend on the back of momentum in infrastructure development and to a lesser extent, real estate.
Construction equipment forms the backbone of any Metro project. All Metro projects are equipment-intensive in comparison to residential projects which are more labour-intensive.
Bored tunnels using Tunnel Boring Machines (TBMs) are the future for India?s urban and other infrastructure development initiatives. The Robbins Company designed and manufactured the world?s
Every underground excavation poses a unique set of challenges. Technically superior and sometimes application-specific, underground excavation equipment challenge the challenges.
Mumbai Metro Rail Corporation (MMRC) has received 31 bids from nine consortia to develop seven sections of the Colaba-Bandra-Seepz corridor and seven consortia have emerged as L1 bidders. Larsen & Toubro (in partnership with Shanghai Tunnel Engineering Co) emerged the lowest bidder for two sections (Cuffe Parade to Flora Fountain and Marol to Seepz) of the 33.5-km corridor.
Since 2007, Herrenknecht has been represented in India with its wholly owned subsidiary Herrenknecht India in Chennai, Tamil Nadu. There are about 90 employees to support projects and customers quickly and competently.
A technology-driven company with rich expertise in the fields of geotechnical engineering, foundations, and drilling for infrastructure development, Panasia Project Consultancy