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AJAX Engineering plays an important role in building modern India by truly being an Atmanirbhar Bharat company.

“With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the “Atmanirbhar Bharat” initiative and create employment opportunities in the country.” Mr. Jagadish Bhat, MD & CEO, AJAX Engineering.

Demand for higher tonnage cranes is likely to grow

With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic.

Schaeffler wins Railsponsible Supplier Award 2021

Schaeffler, the world’s leading automotive and industrial supplier, has received the Railsponsible Supplier Award 2021 in the “Climate Change and Circular Economy” category for its 100 percent return service for axlebox bearings.

Schaeffler wins Railsponsible Supplier Award 2021

• Schaeffler wins in “Climate Change and Circular Economy” category with its 100 percent return service for axlebox bearings

S Saxena of Sany: Demand for higher tonnage cranes is likely to grow

Interview with Sanjay Saxena, Sr VP and Head of Heavy Equipment Business Unit, Sany Heavy Industry India.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Fully loaded with opportunities

For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

There is upsurge in demand for medium & high-capacity cranes”

The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country.

AJAX plays an important role in building modern India

With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Underground mining readies for IIoT revolution

With new innovative technology, companies are taking take digitalisation of mining operations to the next level.

Tech Drives Backhoes

Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.

Construction Technology: The need of the hour!

CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.

Crushing it!

With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.

There are huge untapped opportunities in the crushers & screens market

V Senthilkumar, Managing Director, Propel Industries

We have pioneered integration of digital tech in our machines

As the Indian market matures, global best practices are making their way into the Indian material handling industry. There is an increased focus on safety and productivity on work sites which presents us with the opportunity of introducing products with the latest and state-of-the-art technology in India.

Towering over

Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

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.

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

Escorts' standalone profit up by 80.0% to Rs 874.1 cr

Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

The worst is over for the CV industry

In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.

Fuel tracking solution’s penetration is less than 1% of the overall commercial fleet size

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.

Laying a strong foundation

The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries Ltd (NEI), part of $2.4 billion diversified CK Birla Group, and Amsted Seals announced a joint venture to manufacture railway bearing seals in India.

More options than ever

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.

Grove GHC130 provides Terra E&C with precision in ecologically sensitive job

Wisconsin-based Terra Engineering & Construction’s website proudly proclaims that the company actively “seeks out the difficult watercourse projects that may discourage other contractors” — and while this is largely due to Terra’s skilled workforce and years of experience in that sector, having access to a Grove GHC130 telescopic crawler crane also proved crucial in helping it meet the strict deadline imposed on one of its most recent environmentally sensitive projects.

Sany embraces new emission norms; launches 4 new truck cranes

As the nation is ushering into new emission standards, Sany India, a global leader in the CE Industry has successfully embraced the Bharat CEV Stage IV norms and upgraded and launched four new truck cranes; STC250C, STC450C, STC600C, and STC800C in the market.

L&T bags multiple contracts

The construction arm of L&T has secured orders from prestigious clients for its various businesses.

The D-factor

Where the demand will be coming from for the construction equipment industry?

Rural economy driving demand

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.

Demand has started picking up

Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment. Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications.

We see healthy growth for CE industry in coming years

ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, piling rigs, forklifts, warehousing equipment, tractors, harvesters and other agri machinery.

Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries (NEI), part of $2.4 billion diversified CK Birla Group and Amsted Seals announced a joint venture (JV) to manufacture railway bearing seals in India. Amsted Seals is a global leader in sealing solutions and cutting-edge metal fabrication.

Grove GHC130 provides Terra E&C with strength & precision in ecologically sensitive job

An environmentally sensitive and time-restricted project called for reconstruction of a river embankment and relaying of a gas line with minimal disturbance.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

RLDA invites e-bids for leasing two land parcels for commercial development

The Rail Land Development Authority (RLDA) has floated a Request for Proposal (RFP) for leasing two vacant land parcels at Jaisalmer and Ajmer, Rajasthan.

AJAX ARGO model’s mantra is ‘maximum productivity for your investment’

“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering

Stainless steel production declines by 19% to 3.17 MT in CY2020: ISSDA

India remains second-largest producer globally despite a challenging year.

RLDA invites e-bids for leasing two land parcels for commercial development at Rajasthan

These land parcels span across 31722.30 sq. m and 8960.00 sq. m. and are located at Jaisalmer and Ajmer, respectively

Rajesh Mohata appointed as CEO of JSL Lifestyle

The Board of JSL Lifestyle (JSLL), a subsidiary of Jindal Stainless (Hisar) Limited (JSHL), has announced the appointment of its new Executive Director and CEO, Rajesh Mohata. In his role, Mohata will be leading JSLL’s customer-centric brands – Arttd’inox & ARC, and its various business verticals, including tableware & home décor, bespoke kitchens, sanitation solutions, commercial kitchens, infrastructure, Original Equipment Manufacturing (OEM) businesses, and plumbing solutions. Mohata is a seasoned business professional with over 28 years of experience in varying domains of Oil & Gas, Metal & Mining, Energy, and Cement industries. Commenting on the appointment, Managing Director, JSLL, Deepika Jindal said, “As we pursue operational efficiency and long-term value creation for stakeholders, we are pleased to welcome a promising leader like Rajesh. I am confident that his expertise and strategic thinking will guide the Company to grow across all B2B and B2C segments and innovate to capitalize new opportunities”. Having earned his bachelor’s degree in Engineering (Civil) from MBM Engineering College, Jodhpur, Mohata has spearheaded some of India’s frontline organizations in various capacities, like Aditya Birla Group, Reliance Industries, Essar, RPSG, Adani, and Vedanta. He has been acknowledged for his leadership at various business platforms. His personal interest areas include yoga and running. Mohata is an avid reader and shares a keen interest for philanthropy. JSL Lifestyle, a subsidiary of Jindal Stainless (Hisar) Limited, is a pioneer in creating innovative and futuristic stainless-steel installations for aesthetic, residential, architectural, infrastructural, railways, and sanitary applications. The company promotes stainless-steel as the core ingredient in wide-ranging applications through its two brands — Arttd'inox and ARC. Launched in 2003 by Ms Deepika Jindal, Arttd’inox is the first B2C brand from the house of JSL Lifestyle Ltd. With the objective to fan out the applications arena of stainless steel from kitchen shelves to the entire house and office, Arttd'inox has introduced excellent designs & forms in stainless steel tableware & home décor products in India. Through ARC, JSL Lifestyle Ltd. has created a strong presence in sectors like Automotive, Railways & Transport (ART), Architecture, Building & Construction (ABC), original equipment manufacturing (OEM), infrastructure, plumbing solutions, and retail. A few of the several services offered under ARC include customised stainless-steel products, inventory management, warehousing, material testing, engineering work, fabrication of quality material, and job site supervision by trained personnel.

Nigraani’s fuel tracking solution’s gains enable ARSS to increase driver’s salary multi-fold

ARSS Infrastructure Projects (ARSS) achieved an RoI in fuel tracking solution in months.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

Innovation has been cornerstone of JCB’s operations

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.

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.

Budget focuses on infra to revive economic growth

Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore 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)

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

CE industry: On the road to recovery

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.

“We are expanding our product portfolio”

Ifm is expanding its product portfolio of control solutions with new solutions. Amit Hatgine, Manager-System Business, ifm Electronic India, shares more on the products and solutions from the company for construction equipment industry.

FIRST-EVER VIRTUAL TEKLA USER DAYS EVENT IN INDIA

The annual symposium drew over 3,000 participants, including industry leaders, stalwarts and professionals from across the construction lifecycle.

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

Industrial Cranes: Looking for a Turnaround

Industrial crane market is back to pre-pandemic levels thanks to pent-up demand. An analysis of where the opportunities lie.

Ensuring Top Quality Paving without Joints

Learn all about fixed-width screed used in wide-road paving without joints. A German case illustrates.

Light at the End of the Tunnel

Tunnels seem to be coming up in metropolitan and remote areas alike, so TBMs and other equipment should be in demand. How is the industry gearing up?

L&T Construction bags mega contract of India’s first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

Tunnelling equipment demand has started picking up

Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications. Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment.

Trimble hosts its first-ever virtual Tekla User Days event in India

Trimble hosted its flagship annual event for Indian customers, Tekla Users Days (TUD) India recently.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

Tower Cranes in Tough Times

: 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.

Crushers & Screens: Gaining Momentum?

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

Wheel Loaders: Loaded with Opportunities

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.

We are leveraging digital technology in our products and services: Jasmeet Singh

JCB has pioneered the integration of digital technology in its ‘Intelli’ series of construction equipment. Jasmeet Singh, AVP, Corporate Communications & Corporate Relations, JCB India, shares more.

10th Liebherr 1000 EC-H 40 High-Top crane at Grand Paris

Since May 2018, there have been ten Liebherr 1000 EC-H 40 High-Top tower cranes with very high lifting capacities on the construction sites of the Grand Paris Express

The long term outlook is excellent for the crusher market: V Senthilkumar

Propel Industries has pioneered over the years in developing some of the break-through solutions in the crusher market. V Senthilkumar, Managing Director, Propel Industries, shares more on the company’s solutions for the aggregate segment and the overall market scenario.

India will be a high growth market: Vivek Hajela

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.

There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran

While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.

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