OEMs are evaluating multiple options of adopting alternate fuel.”

BKR Prasad – General Manager, Marketing, Tata Hitachi 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.

Will QCBS phase out L1 for Infrastructure Procurement?

The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong proponent of the QCBS system of procurement. Read on…

23 awards presented to Construction Equipment BESTSELLERS at 11th Equipment India Awards 2023

Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, was recognised as the “Equipment India Person of the Year 2023” for his remarkable achievements during 2022-23

MET approves 309 mineral exploration projects worth Rs 21 bn

The National Mineral Exploration Trust (NMET) has granted approval to 309 projects with an estimated total cost of Rs 21 billion for conducting regional and detailed exploration activities throughout the country

A Resounding Success

Gujarat Conex 2023 served as a gathering hub for prominent figures in the industry and policymakers, engaging in discussions aimed at advancing infrastructure development in Gujarat.

Geology and Reserves of Indian Coal

India ranks second amongst the coal producing countries of the world in terms of annual coal production. However, in respect of coal resources, it is endowed with less than 1 per cent of world coal resources.

NHAI grants 6,003 km of highway projects in FY23

The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.

CASE CE commemorates its skill development initiatives

CASE Construction Equipment, a 180-year-old global brand under the CNH Industrial umbrella, commemorates its various skill development initiatives at the CASE Skill Development Centre in Pithampur.

Fuelling the future

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

CASE Construction Equipment commemorates its skill development initiatives

The brand reaffirms its commitment towards guiding and providing employability skills to aspiring youth through vocational training as a part of their conscientious CSR efforts in the country.

PM Modi dedicates projects worth Rs 11,300 cr to Telangana

The Prime Minister also dedicated other railway development projects.

CASE crosses production milestone of 50,000th loader backhoe in India

CASE Construction Equipment, a brand of CNH Industrial, has crossed the production milestone of 50,000th Loader Backhoe, from its state-of-the-art facility in Pithampur, Madhya Pradesh.

CASE crosses production milestone of 50,000th loader backhoe in India

CASE Loader Backhoes are known for their versatility, reliability, productivity, flexibility, safety, and operator comfort.

$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.

CASE India inaugurates Skill Development Center in Pithampur

The initiative is aligned with Central Government’s Skill India Mission

NHAI to build 5,795 km NHs in aspirational districts

Over 100 Aspirational Districts would undergo the construction of 5,795 km of National Highways (NHs) under a Rs one trillion programme, which is about to be unveiled.

Hyundai launches three special attachments with the launch of HX380L

Construction equipment major Hyundai Construction Equipment (HCE) has launched three new special attachments—Quick Coupler HQC220, Clamshell HCB220, Orange Grapple HGB220, and the Mining Portfolio with the launch of the HX380L.

Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

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.

Tech Drives Backhoes

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

Vedanta Aluminium launches maiden Sustainable Development Report

Launched on World Environment Day, the report captures sustainability performance highlights of FY 2019-20.

Vedanta BALCO’s 100-bedded Covid field hospital operationalised

The 100-bedded state-of-the-art hospital shall provide critical care support to COVID patients, aiding state government’s efforts

BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

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.

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

CW Maharashtra mega virtual conference focuses on opportunities

Platform at unprecedented scale to attract the biggest names

L&T bags multiple contracts

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

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.

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.

Bounce back

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

Motor graders are now mandatory for construction of highways

The grader has a strong role in the pre-compaction stage and sub-base preparation with fine grading, spreading and levelling the ground. It uses a hydraulic blade to push large amounts of soil and can be adjusted with a simple lever by the operator.

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

Hyundai CE India launch new excavator fleet

Hyundai Construction Equipment launched the upgraded series of excavators under the series name SMART PLUS and new Global colour to strengthen the brand positioning in India and Export market.

Indian CE market to regain growth

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

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.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

ICRA predicts construction equipment volume growth in CY2021

Central Government projects in roads and rural development will drive demand

We have a huge focus on Indian market

With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.

Challenging Terrain

The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

Coal Ministry initiatives to improve mining efficiency

The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector

Budget cuts by states to adversely affect construction contractors: ICRA

The overall capex budgeted by states for FY2021 is likely to witness steep cut.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

Stepping up Skill Development

The Infrastructure Equipment Skill Council is partnering with the key stakeholders in the construction equipment industry and state governments to strengthen the skill development initiatives in the construction equipment sector.

The World Has Changed

While at EXCON 2019, Union Minister Nitin Gadkari brought smiles to the faces of the worried construction equipment (CE) industry captains, the pandemic outbreak has wiped that smile into oblivion.

JCB joins the battle against coronavirus in India

JCB India has partnered with Asian Institute of Medical Sciences, Faridabad to support the fight against COVID 19. This project will be partially funded through JCB India?s CSR initiative.

Sonia Gandhi appeals to PM Modi

The construction industry employs 30 million people, more than the population of Australia or Malaysia; yet only 4 per cent of the current 32 million workers are skilled.

An Uphill Task

Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.

We have focused on introducing new models towards customer centricity

Sunbeam Infra Equipments, a division of Sunbeam Generators, is among the prominent players in the concrete equipment industry with its concrete mixers (purchased from Greaves Cotton) and now with additions of batching plants, concrete pumps and mixer pumps

Infrastructure takes pole position

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.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

The highlight of the expo will be front-end attachments

Ajashy Engineering manufactures quality offshore and onshore cross country pipeline equipment, special attachments for construction equipment, diesel bowsers, lighting masts and mobile service vans in India.

We are exhibiting our BS CEV IV range at Excon 2019

Volvo Penta, with approximately 3,500 dealers in over 130 countries, is a world-leading global manufacturer of engines and complete power systems for marine and industrial applications.

CE Market to Bounce Back

Off-Highway Research forecasts that the market for construction equipment (CE) will dip in 2019 but follow an upward trend thereafter during 2020-2023. Samir Bansal elaborates.

Mining Gains

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.

Mining Needs a Leg-up

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 ROAD AHEAD

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.

Aiming at Efficient and safe transport system

The new Motor Vehicles (Amendment) Bill 2019 is expected to provide an efficient, safe and corruption-free transport system in the country.

Govt to commission 68 road projects in three months

The Central Government is planning to commission 68 road construction projects worth Rs 5 trillion in the next three months.

Swachh Bharat a game-changer for cleaning equipment sector

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.

Bigger Digger

Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.

Uranium Corp to take up 13 new mining projects

The Uranium Corporation of India (UCIL) will be taking up 13 uranium mining projects across the country with an outlay of Rs 105.70 billion, aiming to increase its production by up to four times in the near future.

Handling methods need to be upgraded at Indian ports

Kalmar has been pioneer in many path-breaking technologies in port handling solutions. Praveen Waychal, Director - Solution Sales, India Region, Cargotec India, elaborates on the Indian port scenario and the latest container handling solutions.

Steps to Safety

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.

Looking for a Turnaround

Adding value to equipment life

Industrial lubricants play a major role in improving the operational efficiency productivity of an equipment. Currently, the demand is for thinner lubricants that provide longer oil drain intervals.

We see double-digit growth for industrial lubricants

With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry

Demand is expected to remain buoyant in the near future

Elgi Equipments offers portable compressed air solutions for a wide range of applications. Ramesh Ponnuswami, Executive Director, Elgi Equipments shares more on the industry scenario and solutions offered by the company.

Compressed Air Power

With government focusing on infrastructure creation and development, construction and mining are expected to grow in the coming days, which means more compressed air power requirement.

Aggregate Boom,Policy Gloom

Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.

We plan to increase the number of training centres

JCB has 15 operator training centres across India and trained about 25,000 people so far. Jasmeet Singh, Head - Corporate Communications and External Relations, JCB India, elaborates more on the importance of operator training and the company's initiatives.

Tata Projects wins Rs 30.57 bn Bharat Net project in Chhattisgarh

Tata Projects Limited announced that its ?Smart Cities Business Unit? has been awarded Bharat Net project in Chhattisgarh. The Rs 30.57 billion project involves laying of optical fibre network that follows ring architecture with Internet Protocol - Multi Protocol Label Switching (IP-MPLS) technology.

Rs 1.85 trillion worth projects awarded under Sagarmala

According to a Central Government report, projects worth Rs 1.85 trillion have been awarded under the ambitious port connectivity programme of Sagarmala by March 2018.

1,000-1,500 more AWPs may be required by end of this year

Safety, productivity, and less downtime determine the usage of AWPs in a project. AWPs are not only a safety related equipment, but it also enhances the productivity and speed of the project, thus contributing to the profitability of one's business.

Loads of opportunities

Mining and construction activities are on a growth path in the country. New projects (big and small), demolition of old structures to reconstruct new ones and transportation of materials at construction sites, all these make the role of tipper trucks important these days.

Centre directs states to begin auction of non-captive mines

The Central Government has asked the states to begin auction of 348 non-captive mining leases that are expiring in 2020. This shall provide enough time to the successful bidders to seek necessary clearances before commencing operations.

Reasons to cheer

Better late than never. The Central Government has finally lowered the GST rate on construction and mining equipment to 18 per cent, from 28 per cent. Though, for some 15 per cent products, GST still remains 28 per cent, according to industry sources.

Lubricants for Mining applications

Equipment working at mining sites need to perform reliably and efficiently, without major breakdown and other issues. Safe and efficient operation is imperative for mining equipment to increase productivity and safety in mining operations. Lubricants play a major role in this by minimising wear and tear of machinery parts and safeguard the equipment in the harshest conditions.

CIL asked to ramp up output

The Central Government has asked Coal India Ltd (CIL) to ramp up production and dispatch 2 million tonne per day to power sector against around 1.6 million tonne at present

Bosch registers growth in gross sales and income from operations

Bosch Limited, a leading supplier of technology and services, posted gross sales and income from operations of Rs 2,770 crore in the first quarter of FY 2017-18, thus registering a 3.3 per cent increase over the same period of the previous year

We expect a business growth of 15-20 per cent in 5 years

AKSH has a vision to become the leading Indian manufacturer of slew ring bearings with world-class engineering and product quality. Pratik Gokhale, Director - Sales and Marketing, AKSH Manufacturing Pvt Ltd, elaborates on the company's presence in the market and future plans.

Direct port delivery plan to play spoilsport on CFS

The Central Government?s step to introduce direct port delivery (DPD) to speed up delivery of cargo containers to importers/consignees to check extra cost and time involved in the clearances is expected to impact the business of container freight stations (CFS) near the major ports of Jawaharlal Nehru Port (JNPT) and Chennai.

Equipment & Technology for Infrastructure is no Luxury!

The Supreme Court's recent clarification that construction equipment and agricultural equipment are not included in the BS-III vehicle ban was a sigh of relief to the concerned industry.

CHANGING PARADIGM

The Indian construction and infrastructure segment has witnessed a turnaround over the last few years with some organised growth visible in various construction activities.

Back on Growth Path

Given its versatility and mobility, backhoe loader finds great use at almost every construction site, both urban and rural India. This multi-purpose machine continues to perform a variety of tasks at sites and is used for digging, dosing, levelling and lifting activities.

The Road Ahead

In spite of the government's policy shift towards building four- and six-lane National Highways as concrete roads, plans to construct more rural roads and coastal roads will drive the demand for asphalt plants in the future. EQUIPMENT INDIA explores the road ahead for asphalt plants.

Budget Reactions | Puravankara Ltd

True to its expectations, Budget 2017 has spelt out road maps and allocations across various initiatives of the Central Government and the Finance Minister has done an excellent job of managing the expectations. Initiatives to real estate industry has been spoken at length where the sentiments have been largely positive.

Growth | The Way Forward

Industrial cranes are the backbone of manufacturing, infrastructure and construction in the country. In light of economy revival and Make-in-India drive in the country, the market for this equipment is expected to grow many fold in the coming decade.

Back on Track!

The Indian mining and material processing industry, along with other bulk material handling operations like coal loading or bulk handling at ports, and aggregate processing in roads, is already on a fast track growth trajectory in India, thereby driving the demand.

The Earth Movers and Shakers

As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.

XCMG to build $250 million CE base

XCMG Construction Machinery Co Ltd, a unit of China?s Xuzhou Construction Machinery Group Co Ltd (XCMG), plans to build a 200,000-sq m manufacturing base in Chennai, the company said in a June 13 filing to the Shenzhen Stock Exchange.

Compact Road Equipment Market to Grow

Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.

O&M Training by OEM Dealership

India is on the path of modernisation with rapid progress in infrastructure development. The investment in the infrastructure sector in India is pegged at Rs 1,80,000 crore.

Centres nod for Mumbai coastal road project

The Central Government came out with a notification for the long pending proposal of constructing a coastal road in Mumbai, aimed at reducing the traffic woes of the city.

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Rental equipment will not find application in safe mining conditions.

Because of the Central government's ambitious coal mining target, we foresee good potential in the next few years in coal mining. Also, this ambitious coal production

We will be showcasing our own branded rock breaker and trenching bucket

Last few years have been tough on the construction equipment (CE) industry in general. The total industry volume has gone down across segments and has strained many organisations in this space.