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.
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.
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)
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.
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.
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.
The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.
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.
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.
: 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.
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 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.
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.
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
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.
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.
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.
With roads closed between China and Kazakhstan amid COVID-19, SDLG transformed its delivery system from trucks to trains to ensure local dealer TOO Sevalo Engineering Machinery Kazakhstan has the necessary inventory to meet demands.
ODE is a new office and residential building currently under construction in the heart of Amsterdam on an area of 75,000 sq m. Seven WOLFF tower cranes are at the site to support the successful completion of the project.
Gala Precision Engineering announced the successful development and distribution of wedge lock washer GALLOCK®. These washers are used to safely secure bolted joints exposed to heavy vibrations and dynamic load.
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?
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.
Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.
According to reports, Kerala's off-budget funding agency KIIFB has set a target of achieving Rs 200-billion infrastructure spending by the end of the next financial year.
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.
In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.
From March 10-14, 2020, Liebherr?s innovative products will be on display at Conexpo-Con/Agg 2020. Liebherr is showcasing an extensive selection of earthmoving and construction equipment at its outdoor booth #F5258 at the Festival Grounds.
Over 35 self-developed high-end tower cranes produced by Zoomlion completed lifting operations for the Pingtan road-rail bridge project, the world?s longest road-rail cross-sea bridge. As Zoomlion set a new benchmark in metocean engineering with customised machinery for what is described as the ?the world?s most difficult? bridge construction project.
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.
Founded in 2001 in Breganze, Italy, MB Crusher is the world leader in production and supply of attachments - crusher and screening buckets, drum cutters and grapples - for excavators, loaders, backhoe loaders and skid-steer loaders.
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.
In four decades of operations in India, JCB has grown to become a full-range construction infrastructure equipment partner offering indigenous, innovative and versatile solutions of One-Global-Quality.
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 festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.
Elgi Equipments, one of the world?s leading air-compressor manufacturers, exhibited its oil-free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia?s largest rail transportation event.
For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in 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.
Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.
The Central Government's drive for a cleaner India has reportedly given a big boost to firms in the hygiene and cleaning equipment space as Fonzo Equipment has reported rapid sales growth within two years of launch.
Seamlessly integrating the vast network of railways, highways, airports and waterways, India is gearing up to strategically position itself as a global containerised cargo destination.
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.
Atlas Copco continuously invests in designing equipment which consumes less energy while rendering higher output. S Kumar, Business Line Manager, Power Technique Customer Center, Atlas Copco (India), shares more on the products and solutions.
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.
In the scenario where in the near future, many small and medium roads would be constructed and the existing ones would be upgraded to state highways and national highways soon in the country, there is a need for motor graders which are best suited for the Indian needs.
Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.
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.
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.
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.
Metso Corporation has unveiled plans for Rs 5.6 billion investment to consolidate its operations in India. The Helsinki-based industrial major is a global provider of equipment and services for the mining, aggregates, recycling, and process industries through its minerals and flow control segments.
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.
The new plant of Wipro-Kawasaki joint venture to manufacture hydraulic pumps and motors for construction machinery was inaugurated at Bidadi, near Bengaluru.
Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in the corresponding period last fiscal.
This bauma, Action Construction Equipment (ACE) launched a whole series of innovative cranes; among them is the NX360o model, which as the company claims, will not be found anywhere in the world.
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.
According to reports, as many as 52 projects for rail connectivity to ports are underway with an investment of Rs 44,605 crore. These projects are being undertaken by the Indian Port Rail Corporation (IPRCL) and the Ministry of Railways.
Sunbeam Infra Equipments (A Division of Sunbeam Generators) launched a trailer concrete pump of 50 cu m per hour capacity and mixer pump at bauma this year.