What AI can do for the CE industry

Productivity, safety and uptime are crucial drivers in the CE industry, where machine downtime can cost more than $1 million per day.

What AI can do for the CE industry

Productivity, safety and uptime are crucial drivers in the CE industry, where machine downtime can cost more than $1 million per day.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

CE industry grows by 25% in FY2023

The quick expansion in road and infrastructure development activity across the nation, fuelled by significant governmental expenditure as well as private sector initiatives, is the primary cause of this wise rise in the industry's fortunes.

Sunbelt Rentals named to CIO 100

Sunbelt Rentals has been selected as a 2023 CIO 100 Award winner. CIO selected Sunbelt Rentals based on its strategic three-year business initiative: Sunbelt 3.0.

Construction equipment ind. grows by 25% in FY2023

Construction equipment industry grows by 25% in FY2023

Bringing sustainability to the fore

JCB has continued to make concerted efforts to conserve and optimise the use of energy.

“Majority of our equipment functions on diesel.”

Jaideep Shekhar, Managing Director, Terex India, speaks on the investment made in the Indian market.

“Majority of our equipment functions on diesel.”

Jaideep Shekhar, Managing Director, Terex India, speaks on the investment made in the Indian market.

We will focus on CE for road and retail segments

Dimitrov Krishnan, Managing Director at Volvo CE India, speaks on their past experience at bauma CONEXPO India.

Schwing Stetter India will be launching 14 new products

VG Sakthikumar, Managing Director, Schwing Stetter India, speaks on the market for their products in India.

We are launching new ‘Made for India’ tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the key products on display during bauma CONEXPO.

Coal continues to be the major demand driver in mining

Arvind K Garg, Senior Vice President and Head, L&T Construction and Mining Machinery, speaks on the construction and mining equipment market in India.

bauma CONEXPO INDIA is the largest show in North India for the CE sector

Bhupinder Singh, CEO, bauma CONEXPO INDIA, elaborates on what the companies can expect from the upcoming edition.

ACE secures 40 backhoe loader order from defence sector

Action Construction Equipment (ACE) announced that the company has been awarded a contract to supply 40 backhoe loaders to the Indian defence sector.

ACE secures 40 backhoe loader order from defence sector

This order demonstrates its efforts under the 'Make in India' and 'Atma Nirbhar Bharat initiatives of the Government of India.

Excon brings more cheer to the season

Excon was spread over 3,00,000 square meters of display area with the participation of over 800 exhibitors from India and abroad.

German construction equipment industry continues to grow

The order intake in the construction equipment (CE) industry allows manufacturers with production sites in Germany to look forward to 2022 with peace of mind. When companies will be able to achieve turnover, on the other hand, is an open question, as materials continue to be in short supply and supply chain problems are delaying the production of CE

German construction equipment industry continues to grow

In 2021, the CE sector achieved a 22-percentage increase in turnover compared to the same period of previous year.

Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE

The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.

The recent MHE market demand is on the uptrend”

Pre-Covid Indian MHE market has shown double digit CAGR since 2014. In-spite of Covid-19 pandemic and business being at standstill for almost four months in 2020, we saw a fast-paced recovery since August 2020, and witnessed the highest ever MHE market in March 2021 and in Q1 2021 which was fuelled by growth in economic activities.

Demand diversity in CE sector

Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.

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.

CE sector secures jobs in a difficult environment

Globally, sales of construction machinery fell by three per cent in 2020, but the Chinese market grew by 30 per cent, so the global market excluding China actually slowed by 17 per cent.

Bounce back

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

Domestic road transportation sector rebounds

The recovery has also been visible across other modes of transportation as well - rail freight traffic and port freight volumes have both reported growth, although the latter at a slower pace than other modes

BEML CMD: Five factors that will boost demand for CE

Earthmoving segment is expected to continue its dominance in the near future, Rajasekhar says

BEML signs MoUs to explore & enhance the business in defence & aerosapce

BEML is a leading multi-technology ‘Schedule A’ company under the Ministry of Defence signed of MoUs with 11 entities to explore and enhance the business in Defence & Aerospace Sector in the presence of Rajnath Singh, Raksha Mantri at the Bandhan Ceremony, AERO INDIA 2021.

Technological upgrades are perennial part of CE industry: Sandeep Mathur of CASE

Sandeep Mathur, Brand Leader, CASE India, speaks on the current scenario of motor graders in India, and the upcoming digital technologies in motor graders.

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

CE sector secures jobs in a difficult environment

Last year, the industry turnover of construction machinery from German production was 10.5 billion euros. This corresponds to a minus of 17 per cent compared to the high level in 2019.

BEML signs MoU with CSIR-NAL

BEML signs MoU with CSIR-NAL

BEML to showcase aerospace products at AERO INDIA 2021

BEML is showcasing some of its prime products during AERO INDIA 2021, the biennial mega Aero exhibition, being held in Bangalore, from February 3-5, 2021.

Mining market scenario

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

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

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.

We expect more packages from the government

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.

There is a general shift in the construction industry approach in accepting newer technologies

Aproaching newer technologies means higher profit, efficiency, productivity, and reduced cost.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

Accessing New Heights

The use of aerial work platforms in India is still to gather momentum, in spite of the growing construction and urban infrastructure development. Increased awareness on safety among the end-users and a growing rental market are expected to drive the market in future.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

CRUSHING BARRIERS

Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.

Sustainable Market for Trucks

Pick up in infrastructure spending and construction activity, especially in roads and highways, irrigation and affordable housing segment, will continue to support demand for construction trucks.

Transforming Skill Landscape

Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.

Srei to augment infra and equipment finance businesses

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.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

Access Hire Middle East invests in JLG machines

Access Hire Middle East, a wholly owned subsidiary of Access Group Australia, has taken delivery of 73 JLG boom lifts with a further 34 on order that will be available for rent from its location in Dubai.

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18.

We are in line with the BS VI implementation timelines

The HCV volumes of Mahindra has grown considerably in FY18, with an enormous growth in the market share. Vinod Sahay, CEO - Mahindra Truck and Bus Division, Mahindra Construction Equipment Division, Mahindra & Mahindra shares more on the company's plans in line with the market developments.

bC Expo India sees positive vibes in CE sector

The construction equipment (CE) market in India is booming. Industry outlook for CE sector is promising and growing due to many infrastructure projects initiated by the Government of India. Roads and irrigation sectors are driving the demand for CE sector.

Equipment insurance sector will continue to grow

Considering the current scenario of infrastructure developments, there isa substantial growth potential in equipment insurance.

Equipment finance sector to grow at 19 per cent CAGR

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.

Growth in equipment finance market to continue

There has been a substantial upswing in sales of construction equipment during the last two years, mainly driven by commissioning of major infrastructure projects by the government in roads and other sectors.

Rental Market for Diesel Gensets

The growing construction market coupled with development of industrial and commercial applications including manufacturing, service sector and events have buoyed the growth of diesel generator rental market in India.

Backhoe loaders:Leading the Growth

At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.

Innovations in Warehousing

Warehousing industry in India needs innovative approach to achieve improved efficiency. Asim Behera explains more on the current scenario and the importance of advanced innovative warehousing solutions to meet the emerging demands.

Construction equipment is our growth engine

The Indian market offers enormous growth opportunities in the construction equipment industry.

BEML opens warehouse office in Pune

BEML has opened a spare parts and warehouse office at Pune, Maharashtra. The office was inaugurated by Lt General Giriraj Singh, Director General Ordnance Services, in the presence of Deepak Kumar Hota, Chairman & Managing Director, BEML.

CE sector grows 30 per cent during Aug-Sep

The construction equipment (CE) sector saw a growth of 25-30 per cent during the August-September period this year, according to the CII Excon 2017 member Anand Sundaresan.

Shriram EPC bags contracts worth Rs 349 crore

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.

Smart Cities Conference on Surveillance and Safety

The importance of safety and security was the focus of two round-table conferences held by Smart Cities Council India jointly with Western Digital, a leading global provider of storage solutions, in Mumbai and Bengaluru recently.

Cochin Shipyard raises funds for its expansion projects

Cochin Shipyard Ltd (CSL) under the Ministry of Shipping was listed in Bombay Stock Exchange and National Stock Exchange recently. The company has raised Rs 1,442 crore from the IPO. The proceeds of the fresh issue part of the IPO, totalling approximately Rs 961 crore will be used by CSL for part funding two expansion projects costing Rs 2,800 crore.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

Hydraulic Hoses & Fittings

Hydraulic hose and fittings is one of the most important components in fluid power transmission. Selection of the right hose depends on various factors viz, operating pressure range, temperatures, abrasion resistance, and application and flow requirements. One should also consider the type of fluid conveyed and the application.

FROM RECOVERY TO GROWTH

The construction market in India is the second largest in Asia-Pacific Countries (APAC) region and is expected to become the fastest growing market in the region by 2025.

Digital Transformation of Manufacturing

A world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, Dassault SystFmes commenced its first 'Manufacturing in the Age of Experience' event in India.

We see a lot of demand coming in from e-commerce sector

TCIEXPRESS is a specialist and leader in express distribution in India. PC Sharma, CEO and Whole Time Director, shares more on the company and the express logistics industry in India.

Brad Boehler is new AEM director

Skyjack President Brad Boehler has been elected to the Association of Equipment Manufacturers? (AEM) CE Sector Board.

We expect to see a growth of 10-12percent

The year 2016 has been positive for the earthmoving and construction equipment (ECE) industry - primarily owing to the growth in the roads and highways sector. The CE industry has overall grown by 45 per cent in the months of January to October in 2016 as compared with the same period in 2015.

Mining & CE sector bounces back on infra push

The domestic mining and construction equipment industry (MCE) is on a recovery after a period of sustained contraction for about four years.

Setting New Standards

SAMIL aims to capture a large share in the market as the government has allotted huge amount towards construction of new highways and road network all over the country.

Excon 2015- Indias Premium Showcase of CE Industry

Positive sentiment prevails in the infrastructure equipment industry which is abuzz as Excon 2015 is around the corner. Growth prospects are visible over the horizon, in light of the positive trends reflected in most of the economy indicators for India.

Power Tools Evolving

Efficiency, safety and productivity are the three major factors that drive the demand for power tools infuture. Major players in the industry are engaged in the development and introduction of innovative products

Global Meltdown in Mining

Market analysts and mining equipment majors like Caterpillar and JCB predict a meltdown in the global mining sector and have announced plans for downsizing their organisations by cutting up to 10,000 jobs

Ingersoll Rand expands tool range

Ingersoll Rand has expanded its QX Series? of cordless power tools for assembly markets by introducing the high torque angle wrench.

CV sector gaining traction

A CRISIL study of rated securitised pools shows collections from commercial vehicle (CV) pools have improved driven by an increase in freight demand and lower diesel prices. However, the performance of tractor and construction equipment (CE) asset classes remains weak.

?Bearings? for Long Life

India is set to be one of the biggest manufacturing hubs in the world, within the next few years. What does this entail for the bearing industry? Will ?Make in India? campaign boost the industry? According to Hrishikesh Kulkarni, Business Head - Drives and Off-highway, Industrial Market, SKF India the government?s call for ?Make In India? has sent out positive cues to the global manufacturing community.

Orbit Bearings onto a New Growth Phase

Orbit will be opening its new factory early next year as a part of its ambitious growth strategy. The bearings segment in India has come a long way in the last decade showing rapid growth

SKF has a unique solution in the form of extended life plain bearings.

Hrishikesh Kulkarni, Business Head - Drives and Off-highway, Industrial Market, SKF India. One of our biggest strength is our capability of providing end to end solutions

On new role

Amarnath Ramachandran has been appointed President of LeeBoy India Construction Equipment effective March 1, 2015.

SDLG motor graders successful in Asian market

Customers in the road-building and road-maintenance sectors across Asia are turning to one of China?s leading construction equipment manufacturers, SDLG

Success for SDLG motor graders after Asian launch

Customers in the road-building and road-maintenance sectors across Asia are turning to one of China?s leading construction equipment manufacturers, SDLG, for reliable motor graders that deliver robust performance, responsive service support and a fast return on their investment.

India may relax tariffs on auto parts

India is likely to take a ?flexible approach? on tariffs on auto components in the free-trade agreement negotiations with the European Union. The 28-nation block is keen to restart talks on the comprehensive free trade agreement (FTA).

Walking the Talk

The promises of ?Acche Din?coupled with the the ?Big Bang? expectations from the FY16 Union Budget, are more to do with the government walking the talk and bringing in continuous reforms which positively impact the financial and economic landscape.

German CE sector grows

Turnover achieved by German manufacturers of construction equipment in 2014 grew by eight per cent, equaling ?8.4 billion in total, and, with this, is higher than was originally expected. This amount is about the same as was reached in 2006.

Used equipment without safety standards is a challenge

There is a lot of positivity in the industry though things have not picked up to the extent that we hoped for; what we expected to happen in three months may happen in six months time. We feel that the industry is going to be 10-15 per cent better after six months; and from next year, things will start falling in place.

ACI ventures into CE sector

ACI Motors plans expansion by venturing into the construction equipment sector. A unit of business conglomerate Advanced Chemical Industries the company will market and distribute construction equipment of US-based Case Construction Equipment India in Bangladesh.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

We have started a new manufacturing facility in India

There has been some positive vibes in the CE sector overall. Has this started reflecting on the demand for washing equipment?Policy changes do take time to manifest themselves in the form of improved business conditions.

Many German companies plan to invest more in India

An overwhelming majority of bC India exhibitors (79 per cent) expect the economy in the region to improve and to continue growing, says Rajesh Nath, Managing Director, VDMA India Services.

MAIT has developed a special piling rig for railway jobs

The project awarding agencies must come out with a mechanism to ensure that timely payment is made right upto the bottom of the supply chain, ie, to piling contractor as well as hirer.

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

Nothing Beats An ACE

ACE is a dominant player in the cranes market having introduced innovative crane solutions/products from time to time. ?The growth of the Indian construction equipment (CE) industry is dependent on three factors

We are at the forefront of developing new green technologies.

We have invested even in this lean period and have built our capacities for the long period of sustained growth, says Kennady V Kaipally, Country Manager, Mobile & Wind Solutions, Bonfiglioli Transmissions. Excerpts from the interview

We have significant breakthroughs in bearing technology

The Timken products and services have proved to be one of its kinds by helping customers with efficiency and solutions, and we definitely see a great potential for our products for the CE sector in the coming years,

Movers & shakers

M-sand to Drive Growth

Sand is mixed with cement and water in measured quantity to produce concrete. These sand particles should be hard and inert with respect to cement. Due to huge silt deposition in riverbed and continuous mining of riverbed for sand,

Implementation, The Key

The intent of the Modi Government is crystal clear. A plethora of proposed projects in every vertical, to say the least, has rekindled great expectations. Thanks to the government?s focus on ?connectivity?

CE sector pins hopes on new govt

The Indian Construction Equipment Manufacturers Association (iCEMA) hopes that the new Central government would bring about some changes in the policy matters and help accelerate the growth of the country?s infrastructure and the construction equipment sectors.