The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
Predictive maintenance can help fleets avoid breakdowns while reducing maintenance costs by predicting when parts will fail based on performance data and other information.
CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.
Predictive maintenance can help fleets avoid breakdowns while reducing maintenance costs by predicting when parts will fail based on performance data and other information
National Highways Authority of India (NHAI) plans to award Rs 2.25 lakh crore worth of projects spanning around 5,000 km in the fiscal year 2021.
Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99 per cent accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware/software.
Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.
The Confederation of Indian Industry (CII) organised the well-established IMME series, this time as IMME 2020 virtual mining exhibition between 2 December 2020 - 1 February 2021.
Mahindra & Mahindra Farm Equipment Sector (FES) sold 21,173 units in the domestic market in December 2020, as against 17,213 units during last December, an increase of 23 per cent
The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.
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.
It is an efficient and easy-to-use low-cost solution designed specifically for comprehensive condition monitoring of all process-critical assets across entire machine and equipment.
The Delhi-Mumbai Expressway is one of the most prestigious expressway projects in India in current time. The highway will start near Gurugram at Sohna and will end at JNPT, near Mumbai. With a total length of 1,353 km, the expressway is divided into 49 packages (31 packages in Delhi-Vadodara section, 13 packages in Vadodara-Mumbai section and five packages in Mumbai-JNPT section).
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
Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.
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.
Revenue of road-building engineering, procurement and construction (EPC) companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity, a CRISIL report says
Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity
The foundation equipment market is driven by vibratory hammers and RCDs besides piling rigs. Surajit Mukherjee, Managing Director, Suretech Infrastructure, shares more on the market trends.
Unified Engineernig enables global multi-discipline teams to work concurrently in a common data-centric environment, controlling and managing change across the entire project. Amish Sabharwal elaborates more.
Eicher Group has pledged its commitment and contribution towards aid for the unprecedented crisis caused due to the Coronavirus pandemic outbreak in India.
The recent awards ceremony in Mumbai lauded 19 SMEs from 16 cities.In its 48th year, IPF, India's largest circulated industrial magazine, hosted its 4th IPF Industrial Excellence Awards in Mumbai during which 19 SMEs from 16 Indian cities were honoured for their achievements during the year.
Use of suitable equipment with matching features at projects with minimum operating and maintenance cost will help in achieving optimum utilisation of construction equipment.
CRISIL Research?s analysis of road projects under the National Highways Authority of India (NHAI) reveals HAM has expanded its network since its launch in February 2016. Over fiscals 2017 to 2019, HAM projects accounted for a quarter of the executed road projects and 45-50 per cent of the projects awarded.
thyssenkrupp Industrial Solutions has recently been awarded a contract from Paradeep Phosphates (PPL) for the expansion of their phosphoric acid plant in Paradeep, Odisha, based on the di-hydrate technology from Prayon Technologies of Belgium. PPL is a leading fertiliser company in India and part of the Adventz Group.
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.
Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.
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 Transportation Infrastructure and Buildings & Factories businesses of L&T Construction have secured a project from the Navi Mumbai International Airport (NMIAPL) for the engineering, procurement and construction
Doosan Bobcat India (DBIN), the wholly owned subsidiary of Doosan Bobcat Inc, announced the inauguration and commencement of operation from its first manufacturing facility in India, in Tamil Nadu located in the outskirts of Chennai.
While coal mining and quarrying will drive the growth of mining equipment, other mining segments will see a relatively lower growth demand for mining equipment. Pavethra Ponniah, elaborates more on the market trend.
Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.
The Indian mining and construction equipment (MCE) industry is likely to see a moderation in demand growth which is expected to fall to 4-6 per cent in the medium term, more particularly during CY2019.
According to reports, Coal India (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 70 billion to bolster production.
Being the safest means of working at heights, Aerial Work Platforms (AWPs) are naturally the option to work at height safely. However, use of AWPs in India is still limited and is picking up slowly.
The role of standards is quite important in the context of Indian trenchless projects. Dr Niranjan Swarup explains the needs for standards that suit Indian conditions and the future directions in this regard.
Vikram Makar, Chairman and Managing Director, Oriental Rubber Industries, has been elected President of the All India Rubber Industries Association (AIRIA) for the year 2018-19. This was announced at the 66th Annual General Meeting (AGM) of AIRIA held at Kolkata.
JLG Industries, Inc., the leading global manufacturer of aerial work platforms and telescopic material handlers, has appointed Riwal as its sole distributor for Croatia, Slovenia, Bosnia and Herzegovina, and Montenegro.
At the end of the World Cup Russia 2018, another kicks off, at least for MB Crusher equipment, which is already at work in many construction sites in Qatar, for the construction of the FIFA 2022 World Cup stadiums.
Grove?s dealer in Taiwan, Champion Auto, has delivered four new mobile cranes to a port in the south of the country. There are two GMK4100L all-terrain cranes and two RT540E rough-terrain cranes.
LiuGong has successfully signed a Memorandum of Understanding (MoU) with the United Overseas Bank for partnership in machinery financing in Southeast Asia.
Effective manoeuvrability and value added in material handling operations are primary attributes of pallet trucks, which have led their widespread employment across logistics and industrial workplaces.
B L Kashyap & Sons Limited, one of the leading construction and civil engineering companies in the country has bagged new projects from domestic unrelated clients aggregating to about Rs 694 crore.
SDLG and Alibaba Group Holdings (Alibaba), which is headquartered in Hangzhou, China, have announced a new partnership aimed at improving and enhancing intelligent manufacturing techniques at SDLG?s assembly plants in China.
Air Products, a world-leading industrial gases company, announced the inauguration of its Engineering Centre at Pune in Maharashtra, India to bridge the company?s increasing capabilities for Engineering, Procurement, Construction (EPC) activity across the industry.
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.
ABEC Exhibitions & Conferences and ITE partnered with Pune Construction Engineering Research Foundation (PCERF) with a vision of taking the building and construction industry to greater heights, organised Constro International Fair 2018 Pune, during January 18-21, 2018 at the Agriculture College Ground in Pune.
We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.
ValvTechnologies, Inc, manufacturer of zero-leakage severe service isolation valve solutions, announced the appointment of Ron Anselmo as Vice President, Key Accounts. Based in the Houston, Anselmo will have senior management responsibility for sales growth through the development and management of executive, technical and commercial relationships for key accounts with major customers, licensors and engineering firms.
The National Highways Authority of India (NHAI) has awarded one of the five packages of Dwarka Expressway project in Haryana to Larsen & Toubro (L&T) under the Bharatmala project, according to the government.
The Maharashtra government has awarded the contract to build the Shivaji statue in the Arabian Sea, to Larsen and Toubro (L&T). The state government gave the letter of acceptance to L&T that will build the memorial at a cost of Rs 2,500 crore on an engineering, procurement and construction model.
As you know, Vashi Electricals is India's largest channel partner of reputed international brands of industrial electrical products. For us, 2018 is a year of celebration as we mark 40 successful and delightful customer service to industrial customers.
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.
Construction equipment today not only makes it easier to complete the project at hand, but also ensures the efficient use of labour, time and money. About 30-35 per cent of money involved in construction is dedicated towards procurement of good machinery and equipment.
With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.
There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.
Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.
Growing public and private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India
Investment in infrastructure is nowadays the key for India's economic growth sustainability and a guideline behind many policy initiatives by the Government of India.
Employing the right equipment for the right application is important in its productive utilisation in a project. So, it is imperative to follow the productivity parameters while selecting an equipment.
In plants with many drive units, the total cost of ownership (TCO) can be reduced by up to 70 per cent through intelligent management of variants. Therefore, Nord Drivesystems has established three preferred sizes for efficient variable-frequency drives in material handling and conveyor applications.
Coal India?s production and shipments in November rose to the most for the month in at least five years. The rise in shipment is attributed to the increased procurement of coal by power plants to boost inventories.
Palfinger Marine was chosen as supplier of platform and nacelle cranes for the Trianelwind farm Borkum II. The wind farm, located in the North Sea approximately 40 kmnorth of the island Borkum, consists of 32 Senvion 6.2M152 turbines.
L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro (L&T), has bagged an offshore contract from Oil and Natural Gas Corporation (ONGC). The Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for balance of work for pipeline replacement project-4 is valued at Rs 1,276 crore.
Mahindra & Mahindra Ltd and Energy Efficiency Services Ltd (EESL) announced a collaboration for an LED replacement programme with energy efficient alternatives across Mahindra?s 18 manufacturing facilities in India.
Shriram EPC Limited (SEPC), one of the leading service providers of integrated design, engineering, procurement, construction and project management services for infrastructure projects in roads and highways, water and sewer, renewable energy, process and metallurgical plants and municipal service sector projects throughout India, announced that it has won multiple orders aggregating to Rs 349 crore.
Our company supplies various types of loaded and empty container handling cranes and industrial heavy duty forklifts of 10 tonne and above. The steady growth in container volumes has allowed us to make investments in this sector to meet the growing demand of container handling equipment and heavy duty forklifts.
From just an electrical channel partner, Vashi Electricals has grown to become a company of procurement specialists, helping customers from various verticals, including infrastructure equipment. Sanjeev Bhatia, Partner, elaborates more on the company and its vision for future.
Our market is highly correlated to overall infrastructure development which is seeing considerable improvement in the overall ecosystem, from bidding procedures to financing, public sector fund allocations and so forth.
With infrastructure and construction sector on fast-track, especially road sector, aggregate processing has become essential to support the construction activities with a matching pace.
The Supervisory Board of Wacker Neuson SE has named Martin Lehner as the new CEO of the company. Lehner has been a member of the Executive Board for ten years, responsible for R&D, procurement, production and quality at Group level.
The making of Dhola-Sadiya Bridge across the River Brahmaputra was a different task altogether, considering the location and an unpredictable flood situation. This mega structure was constructed by Navayuga Engineering Company Ltd.