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On the Move!
The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.
CE industry will continue to witness a healthy growth
The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.
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.
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.
Indian CE Market: AN Overview
Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.
We aspire to delight our customers
As you know, Vashi Electricals is India's largest channel partner of reputed international brands of industrial electrical products. For us, 2018 is a year of celebration as we mark 40 successful and delightful customer service to industrial customers.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
Technology to drive INFRA growth
Infrastructure 2.0 is a movement to address issues with today's core network infrastructure in a customer's construction site to address the dynamic, automated nature of operation models like cloud computing, data center visualisation, IoT and usage of drones to keep site operations safe, secure, highly productive and efficiently managed.
Infrastructure on fast track
The Indian infrastructure sector is not slowing down anytime soon, given the government initiatives and market demand. This makes it a feasible environment for the growth of construction equipment, writes Andy Dhanaraj, Director - Sales, Caterpillar India.
EQUIPMENT INDIA Awards & CEO Forum 2018
After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the Equipment India Awards.
Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.
Budget Boost
Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.
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.
New year, New opportunities
The CE market is on a role with a lot of actions in the infrastructure development underway while many are in the pipeline. The new year is definitely a year of opportunity for CE industry in India considering the new life the infrastructure has gained after the corrective actions of the government on the bottlenecks in various projects.
We will be launching 17 new products this year
The current construction equipment market in India is to grow at a rate of 25 per cent. Road, irrigation, ports, RMC, railways, metro rail, power (nuclear, thermal, solar, wind, hydro, gas based), real estate and other community buildings are the major demand drivers for our product line.
We desire to provide Affordable Uncompromised Mechanisation
The government has estimated a total infrastructure spending of about 10 per cent of GDP during 2012-17, up from 7.6 per cent during the 2007-12 period.
This year Excon is driven by optimism
Following a three-year slump in demand, the equipment industry started looking up from the early 2015. During the later part of that year, the market growth gathered momentum.
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.
Revival on Cards?
India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.
GST Council needs to prioritise CE
Dr E Sreedharan was revered and acknowledged as India's 'Metro man' because he managed to do the impossible, i.e., dig into Delhi while it worked and build the metro rail, and that too, in record time. His execution won him laurels.
Optimising efficiency
With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.
We expect our business in India to double by 2020
Parker Hannifin has been a pioneer and promoter of quality solutions across the globe and in India, with its extensive range of filtration solutions and proprietary patents. Dalies Nitin Wilson, Marketing & Strategic Pricing Analyst, Filtration India, Parker Hannifin India, elaborates on the company's products and solutions, and the general industry scenario.
INFRA INFRA INFRA
The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.
BUDGET 2017 | PUBLIC SPENDING TO DRIVE SALES
Although there are no landmark announcements in this year?s Budget, a special thrust on transport infrastructure development and affordable housing will definitely gift some market opportunities to the CE segment.
Cashing in Opportunities
Large-scale hybridisation and automatic features have been and are being introduced in power transmission systems and assemblies for construction equipment, trucks and dumpers being manufactured in the country. Interestingly, electronic sensing for ensuring multi-mode power transmission, Telematics tracking and inbuilt diagnostics features are fast becoming standard equipment for OE supplies.
ON THE CLOCK!
Material and earth movements are the major work content of all infrastructure developments and mining activities. Front-end loaders, backhoe loaders, dozers and application-centric equipment as options for the users to choose from to suit individual requirements.
BUDGET 2017 | EXPECTATIONS
February 1, 2017 is the date set for presenting Budget 2017 by the Hon?ble Finance Minister, a significant deviation from the earlier end-February fixture. This budget comes at a time when the country has been reeling under the shock waves of the recent demonetisation of high value currency notes by the government.
Piggybacking earthmovers growth
Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.
Budget expectations
?The new government has brought in some great potentials for the economic upliftment of the country and I am sure they might already have some great budgetary roadmap planned for us.
Disruptive Concrete Equipment Technologies Emerging
Off late, there have been numerous disruptive technologies and equipment concepts introduced to Indian markets. Earlier most of these were only available to highly developed countries like USA or European Union where mechanisation and process integration has been of essence, to counter act lack of adequate manpower.
Industry Reactions | Policy Matters
At the recently concluded BAUMA CONEXPO INDIA at Gurugram, I had the opportunity to listen to industry voices on the impact of demonetisation, the new monetary policy announced by the Government and the upcoming GST regulations in the country. Most have accepted demonetisation as ?fate accompli? and taken it in their stride to manage the change.
Demonetisation worries after-market business
Demonetisation has severely impacted India?s after-market business in spare parts, components, consumables and replacement components like wear parts, tyres etc, because so far this market has been predominantly cash transaction-driven.
FOCUSED BUSINESS - Optimism
The BAUMA CONEXPO INDIA 2016 held during December 12-15 reflected the positive sentiments of the equipment industry on the floor. A detailed report on the expo, interaction with exhibitors and details of products and technologies showcased.
We have a long term vision for Indian market
On a global level, we have come out with two product categories: drum cutters and grapples. We want to be careful with what we do in India because we have a long term vision for this market. Considering the GDP prospects, most players are entering India but it is a demanding market.
We have launched five important products in all categories
KYB-Conmat caters to concrete production, concrete conveying, concrete transportation, concrete pumping, concrete laying and building construction.
Crawler cranes are equipment of choice in metro projects
Looking at the market during the period April-December 2016, there is a constant increase in the activity whether it is shipment of cranes or order intake. In general, it is a positive trend. Infrastructure is expanding rapidly in the country. Currently, we see demand in the metro projects in Lucknow, Nagpur etc, where crawler cranes are the equipment of choice. Much of the growth is coming from metros and highways.
We are in aggressive growth mode in terms of existing and new product lines
The response has been good for the company this year. In general, our expectations have been met. The market, especially the roads as well as in commercial aggregates sector, are performing well.
Demonetisation | Modi plays a trump card
The demonetisation of old Rs 500 and Rs 1,000 currency notes by the government on November 8, 2016 has taken India by surprise.
We have a fleet of 110 units and still expanding
Eastman Logistics and Infrastructure is a flagship company of the Eastman Group. Eastman has its working presence all over India. The promoters of the company have a vast experience of 40 years in the equipment rental and logistics industry.
New products for the mixing applications will be displayed
The bC India 2014 at Greater Noida was held under a lot of uncertainties and hopes. There was a new government at the Centre which was yet to come out with its policies. The banks were under a lot of pressure due to NPAs and customers were under huge stress due to rising interest rates.