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EQUIPMENT INDIA AWARDS 2019

The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.

CE finance outlook

Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.

Srei Equipment Finance to offer new financing solutions

Srei Equipment Finance will have a big presence at the bauma CONEXPO INDIA 2018 with its stall (O.F35) of about 2,315 sq ft in outdoor pavilion.

Equipment Pulse

With the construction equipment market is on a growth path, Equipment India explores the market scenario of construction equipment and allied products and services.

Equipment India awards & ceo forum 2017

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

Equipment India Awards 2017 and CEO Forum

The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.

Expectations Post Monsoons

Slowdown in construction activities, all around the country, is a predictable annual feature. It is time for the industry to recharge its batteries, rejuvenate equipment fleets, invest in skill development and be ready to meet the frenzy post monsoons.

Brexit?s Impact on India

Brexit as an event will impact the future of the UK and EU. This victory for exit, however narrow, came as a surprise as pre-voting polls predicted the results to be otherwise. The next step is to ratify the Article 50 of the Lisbon Treaty. But before the treaty there are a lot of issues which need to be worked out.

Srei generates biz worth Rs 500 cr from Excon

Srei Equipment Finance expects its business from the recently concluded Excon 2015 to cross Rs 500 crore

Srei BNP Paribas Q2 net rises

Srei BNP Paribas recorded a 20.8 per cent increase in net profit at Rs 27.62 crore for the second quarter of this fiscal, compared to Rs 22.85 crore

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.

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.

Dedicated infra financing vehicles are need of the hour

Eight months in office, the Central Government has done well to improve the business sentiment. Several measures aimed at easing the way of doing business have been taken. Things have started looking up for the infrastructure sector too.

The Customer is King!

The takeaway was simple. Every Equipment India (EI) Award winner had one person to thank above all: the customer. Dedicating the Equipment India Person of the Year award to over 1,500 employees, over 8,000 customers,

Execution is the Driving Mantra

The Union Budget 2014-15 is probably one of those Budgets post-independence, which has been analysed in an environment of high expectation, sub five per cent growth, double digit inflation and extensive knowledge communication through media

New Expectations

The new government has just sworn in at the Centre, driving new hopes in the industry. DK Vyas pens down the wish list of expectations from the new government.With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister (PM) will be able to lead the economy out of the low growth era through decisive governance.

Getting ready for the upturn

In spite of the unfavourable market dynamics, most of the OEMs have adopted innovative strategies to sustain themselves while keeping an eye on the coming boom. Innovative strategies are developed to retain existing customers

Srei BNP Paribas raises benchmark rate

The leading infrastructure and construction equipment finance firm Srei BNP Paribas has announced a hike in its benchmark rate by 25 basis points, from 17.75 per cent to 18 per cent, with immediate effect.

The Rupee Impact

The depreciation of the Indian rupee has had its adverse impact on the manufacturing sector, especially OEMs who import various components. To the extent possible, OEMs are trying to localise production, but that is just a part of it. What the industry is looking is for concrete measures that can bring life back into the economy and trigger growth in a sustainable way.

We have positioned ourselves as a true infrastructure partner rather than a lender

More projects, faster enviro?nm?ent and forest clearances, support in land acquisition and a general clarity in policy are the key. Any infrastructure project takes time and stability of policy is a must to ensure that investment flows, says DK Vyas, CEO, Srei BNP Paribas.

Navigating through turbulent times

Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.

The Budget's impact

Industry captains analyse the Budget's implications on the CE sector. According to Vipin Sondhi, Managing Director & CEO, JCB India, the Finance Minister has rolled out a well-balanced and realistic Budget.

CE Industry to benefit from Budget's focus on infrastructure

The initiatives announced in the Budget and the measures taken outside it together will impact the demand for construction equipment. DK Vyas trains his thoughts on the likely impact of the recent Budget on the CE sector.

Signalling a return to growth

More than 28,000 visitors, over 710 exhibitors, out of which 61 per cent of the exhibitors were international, which is a strong indication of the global interest for the Indian market.

We cater to the entire value chain from procurement to deployment to disposal.

Our pan-India presence and in-depth knowledge of the Indian market make us a preferred player for any equipment manufacturer, (Indian or foreign, who is eyeing the ICE market in India. A proper risk management system, floating interest rate financing and customised offering have been major growth factors for us, says DK Vyas, CEO, Srei BNP Paribas. Excerpts from the interview.

Srei to finance used CE

Srei Equipment Finance plans to venture into used construction equipment and agriculture financing businesses this year. This is to offset the slowing growth in its new construction equipment financing business. The company believes that the next wave of growth will come from used construction equipment financing even as it will continue to focus on its new equipment financing business.

Srei Equipment Finance to go public

Srei Equipment Finance will convert itself into a public limited firm as it will help the construction equipment finance firm tap funds from retail investors, said DK Vyas, Chief Executive Officer, Srei Equipment Finance. Converting into a public com?pany will help the firm to tap sources like non-convertible debentures, and corporate bonds which will widen its funding base, according to Vyas.

Srei BNP Paribas raises base rate

Srei BNP Paribas has announced a hike in its benchmark rate by 25 basis points, from 17 per cent to 17.25 per cent, with immediate effect.

Equipment Financing

The way forward is to intensify the dialogue process with the government authorities at various levels and make them realise that the faulty policies are costing India dear

We expect to achieve our target disburse?ment figure for FY12

At Excon, 2011, we are offering some unique innovative products like the Asset Power" with a pre-approved credit limit, which is a co branded card with our manufacturing partner wherein a customer

Equipment Financing: Widening the Net

CE financing has definitely picked up and has registered a growth of 20 per cent over last year. Though the industry has not touched the peak levels of 2007-08, it expects to end the 4th quarter on a high and continue the growth story in 2011-12.

Srei BNP financed equipment over Rs 5,000 cr in Q1FY12

The main vehicle for leasing in India are the NBFCs, but these financing entities do not enjoy a level playing field vis-?-vis banks. For example, in terms of NPA allowance and recovery of bad assets, banks have a clear advantage over NBFCs.

A complex growth pattern

Till date, leasing has not been not more than one per cent of the total equipment finance market. However, with the clarity coming about taxation related to leasing and a direct tax code coming up, there is a huge opportunity of revival of this product in the coming years.

Exceeding Expectations

The recently concluded bC India exceeded all expectations. Take a look at the statistics: More than 22,000 visitors from 69 countries, 508 exhibitors from 30 countries, 70 per cent of them from abroad; the international flavour further underlined by nine international pavilions, creating a new dimension for the construction industry.

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