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Why is CE Industry Shying Away from Sharing Info

At a time when even the Supreme Court forced the Government of India to reveal the donors to the electoral bond scheme, there are associations in India, which are not maintaining the spirit of transparency, argues PRATAP PADODE.

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

JCB aims to cut carbon footprint with fuel efficiency plan

Deepak Shetty, CEO & Managing Director, JCB India

Western Global introduces new jobsite fuel solutions

After several years of consistent fuel price increases and an overall increased focus on environmental safety, Western Global, a manufacturer of fuel and fluid storage solutions, displayed an array of new and current products at indoor and outdoor booths at ConExpo.

Liebherr: 2022 business year with new record turnover

Compared to the previous year, the company recorded a turnover growth of Euro 950 mn

Up-grading roads!

The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

We have launched 14 new products

Being a pioneer in the construction equipment manufacturing industry, Schwing Stetter India has been growing exponentially during the pandemic.

Hajela of L&T: India has potential to be an export hub for compactors

Vivek Hajela, VP & Head- CE Business, Larsen & Toubro, shares information on the current market size of compactors in India, and the upcoming digital technologies in compactors.

Paving the way ahead

While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.

SKF declares financial results for Q1 FY22

The Board of Directors of SKF India, India’s leading technology and solutions provider of bearings and units, seals, lubrication, condition monitoring and services, approved the unaudited financial results for the first quarter ended June 30, 2021.

SKF India declares its financial results for Q1 FY22

The revenue from operations of the Company for the period was at Rs 6935.3 million as compared to Rs 3012.4 million in the previous year.

In 2022, the market for hydraulic excavators may touch 25,000 units

Last year, the excavator market touched 18,000 units. The start of last year was good. Later on the numbers dipped due to Covid-19 pandemic. However from September onwards, the market picked up.

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.

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.

We try to produce more in India

Trelleborg India showcased latest sealing solutions such as the Z25 polyurethane seal for high temperature applications in Off Highway segment.

Zooming Ahead

Trucks and heavy tractors for cargo haulage and transportation of aggregate materials, coal, overburden from mines, iron ore and other bulk materials, are riding the curve of exponential growth.

Post Budget Vibrations India: Sustained Growth

According to Macquarie, the growth momentum in the construction equipment (CE) segment has sustained in India, despite withdrawal of discounts and price increases. Also, purchases were being done primarily by first-time buyers.

We are keen to have machines with reputed past and best technology

We conduct enough field tests and other evaluations of the equipment before going full fledged introduction, says SP Rajan, Head - P&M RREC, L&T Construction

We procure new and used equipment depends on the scope of utilisation

Simplex Infrastructures is one of the largest infrastructure solutions providers in India and the Middle East having presence in across eight first growing industry verticals.Samar Ghoshdastidar, Technical Director, Simplex Infrastructures, provides an in-depth overview on the company?s equipment procurement procedures.

The Rupee Impact

The depreciation of the Indian rupee has had its adverse impact on the manufacturing sector, especially OEMs who import various components. To the extent possible, OEMs are trying to localise production, but that is just a part of it. What the industry is looking is for concrete measures that can bring life back into the economy and trigger growth in a sustainable way.

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