MoRTH revises BOT and TOT agreements to boost private sector investment

The Ministry of Road Transport and Highways (MoRTH) has introduced a number of revisions to the model concession agreements (MCA) for build-operate-transfer (BOT) and tolling, operation, maintenance, and transfer (TOT) projects.

Automation and the embrace of technology

Telematics and IoT are other aspects of automation that are finding their way in construction equipment.

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.

Construction equipment industry anticipates 14-15% revenue surge

According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.

A STAR-STUDDED EVENT

48 companies such as Larsen and Toubro (L&T), NCC, PNC Infratech, J Kumar Infraprojects, Tata Projects, HG Infra Engineering, PSP Projects, APCO Infratech and SOBHA, among others, bagged awards in different categories

BDL and BEL ordered Rs 3.85 billion worth of BEML bags

EBITDA margins increased significantly from 13.6%.

Fuelling the future

Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.

Auto component industry gears up for big shift to EVs

When electric vehicles (EV) become more and more popular can the automotive component industry be far behind? Auto component makers in India are bracing for change.

Lt Gen Harpal Singh & Awanish Awasthi bag top honours at 20th CW Awards

An evening extravaganza, CONSTRUCTION WORLD Global Awards, in its 20th Edition, concluded in great success in Mumbai on October 14th at ITC Grand Central, Parel.

Indian Army’s Lt Gen Harpal Singh & Awanish Awasthi, Advisor, Chief Minister UP, bag top honours at 20th Construction World Global Awards

Indian Army’s Lt Gen Harpal Singh & Awanish Awasthi, Advisor, Chief Minister UP, bag top honours at 20th Construction World Global Awards

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

$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.

Innovation & Indigenization has been a way of life at AJAX

“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer

7th India Construction Festival

Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.

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.

Despite second Covid wave, highway construction at 28 km per day in April

Despite the Covid-19 pandemic, lockdowns, and limitations on movement in most parts of the country, highway construction in April quadrupled this year to 853 km compared to the same month last year, which saw an entire nationwide lockdown.

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s (NHAI) fully-owned special purpose vehicle (SPV), DME Developers (DMEL), has received AAA rating from CRISIL, CARE and India Ratings. The SPV is executing the Delhi-Mumbai expressway project.

Will cement demand grow post-pandemic?

Automation, digital transformation, new energy sources dominate discussion

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV), DME Developers Ltd. (DMEL), has received AAA rating from CRISIL, CARE and India Rating.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

Pre-owned Equipment Market to Excel

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Used Equipment Market to Flourish

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Safeguarding the industry

The construction equipment industry is going through a never-seen before sales scenario as the volume witnessed a steep fall of 70 per cent in April-June 2020 quarter, as per the findings of the CRISIL Research.

Revenue of road EPC contractors to de-grow 8-10%

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 EPC companies to de-grow 8-10% this fiscal: CRISIL

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

Towards better Mining

The measures announced by the government for mining industry are expected to have a positive impact in the coming years.

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal because of substitution through domestic production.

Highway construction yet to pick up: CRISIL

According to a CRISIL Research report, the highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector across the country.

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.

Highway construction yet to pick up: CRISIL

The highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector in the country.

Indian CE Market Overview

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.

HAM expands network

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.

Revenue growth to halve for EPC road cos through FY21: CRISIL

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.

RoadMaster G90

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.

REJIG for the big

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.

The Eleventh Hour Is Here!

By 2025, the construction market in India is expected to emerge as the third-largest globally.

SHOWTIME!

In spite of the positive sentiments in the construction and infrastructure industry, there are some risk factors visible which could affect the growth of the industry temporarily.

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.

Crushing capacity creation needed

Road Transport and Highways Minister Nitin Gadkari informed in Lok Sabha that projects for constructing 6,320 km of road have been awarded under the first phase of the Bharatmala project, with the financial implication estimated to be Rs 1.44 trillion.

Commercial coal mining to improve efficiency

The Union Government?s recent move to allow the private sector to commercially mine coal will boost both production and mining efficiency, according to CRISIL. Substitution of imported non-coking coal with domestic production could save roughly Rs 30,000 crore of coal imports, CRISIL estimates.

Construction World Annual Awards 2017

Foundation of Infrastructure Research Studies Training (FIRST) hosted the 15th CONSTRUCTION WORLD Annual Awards at ITC Grand Central, Parel, in Mumbai.

Vehicle Modernisation Programme to boost CV sales

According to a CRISIL Research report, the Voluntary-Vehicle Modernisation Programme (V-VMP) announced by the Ministry of Road Transport & Highways can boost commercial vehicle (CV) sales volume by a cumulative 65 per cent (over sales in fiscal 2016) between fiscals 2018 and 2020.

Vehicle Modernisation Programme to boost CV sales

According to a CRISIL Research report, the Voluntary-Vehicle Modernisation Programme (V-VMP) announced by the Ministry of Road Transport & Highways can boost commercial vehicle (CV) sales volume by a cumulative 65 per cent (over sales in fiscal 2016) between fiscals 2018 and 2020.

Soaring SkyWARDS

Highway projects still under execution risks

A Crisil analysis of 92 highway projects being constructed under the build, operate, transfer (BOT) model shows that around half of them are facing implementation risks because of delays in land acquisition and other clearances, and weak wherewithal of sponsors.

Empowering Customers with Organised Approach

Two decades ago, India opened its doors for multinational automobile companies allowing them to penetrate the market, modernise the Indian transportation picture and make it beneficial for the end-users.

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.

Is the money flowing again?

Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.

Energy Conservation A Global Initiative

Lord J.C. Bamford, Chairman JCB Group, on the eve of the one year completion of PM Modi's government recently expressed support by stating, ?We are very positive about India and positive about the Indian government.

New-generation Anti-collision Devices

Everest Engineering will showcase its new-generation anti-collision devices for tower cranes at bC India 2014. Everest Engineering will unveil its new generation anti-collision devices for tower cranes combined with safe load indicators. This will be one of the attractions in the show.

Advantage Radials

Radial-ply tyres offer a distinct advantage over bias-ply tyres. They may cost more, but they offer better productivity, higher cost savings, and comfort, writes Bhushan Mhapralkar. Earthmoving and construction equipment operate in a different environment from that of an automobile.

Indian economy could well bounce back with the initiatives taken by the government

For the last two years, the business of Indian bulk material handling has been riding a very bumpy road filled with potholes in the form dynamic fluid situations, uncertainty, ambiguous status, and other such obstacles.

Land acquisition bill to hit infra projects

CRISIL Research feels that the Land Acquisition Bill will lead to an increase in the gestation time of projects and overall costs.

Govt allocates mining leases via auction: Minister

The Union government notified the auction of mining leases on February 2 in 2012 under the amended provisions of Section 11 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957) (MMDR Act).

Pvt sector capex to drop by 35%

A poll of 200 companies (including 170 private sector companies) by CRISIL Research has revealed that capital expenditure (capex) by Indian corporates will dip by 14 per cent in 2012-13.

The show must go on...

The latest research report by CRISIL on private sector capex is a clear indication of the extent to which growth has been stalled by policy inaction and lack of speedy clearances of projects.