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Counting on diggers
Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.
Earthmoving equipment is a staple of the construction industry
Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)
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.
Rolling ahead
The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.
Moving Ahead
OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
A great forum to showcase technology advancements
Growing public and private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India
Technology can grow in leaps and bounds
In the earthmoving equipment segment, we have a range of equipment - from wheel loaders to excavators, tunnelling excavators, bulldozers, and material handlers. Our wheel loaders are offered from 5 tonne payload and above capacity.
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.
CE market to grow at 6% CAGR during 2012-17
According to a new Transparency Market Research report, the global construction equipment market is expected to reach $192.3 billion by 2017 from $143.6 billion in 2012, growing at a CAGR of 6 per cent from 2012 to 2017.
CE industry is to grow in the long term at a CAGR of 17.5%
The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.
CE market to grow at 6 per cent CAGR during 2012-17
According to a new Transparency Market Research report, the global construction equipment market is expected to reach $192.3 billion by 2017 from $143.6 billion in 2012, growing at a CAGR of 6 per cent from 2012 to 2017.
We are going to add a few new products soon.
We have a turnover of about Rs 350 crore, out of which 10 per cent is from the equipment sector, says Nishant Jairath, Director Marketing, Metalman Auto. Excerpts of the interview.Could you elaborate on Metalman Auto?s product range?Metalman Auto manufactures various types of sheet metal and tubular fabricated assemblies with surface treatments. Our product range comprises cabins for construction equipment, loader arms and tower assembly. We supply our products to various original equipmen
Our mission is to deliver products that are reliable and cost-effective
We will further invest in our world-class manufacturing plant at Pithampur near Indore and will also invest in up-skilling our people to ensure that we continue to maintain our leadership position in the market,
India is developing as an attractive manufacturing base for export of CE
In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,
The CE market is set to grow to over 100,000 units by 2016
The cumulative sales of backhoe loaders, crawler excavators and wheeled loaders have been growing at a CAGR of over 20 per cent for the last ten years and will continue to grow at an impressive rate.
With 55 dealers and over 410 outlets, we have the best support network
Our initiatives and activities are very focused on the heavy range of equipment viz, tracked excavators, soil and asphalt compactors and wheeled loaders. We have functional factories, focused manpower and after-sales support personnel for
RACING TO THE TOP SLOT?
India is currently the fourth- largest construction equipment market in the world; its share in the global demand has grown from three per cent in 2006 to six per cent in 2010, and is likely to further grow to eight per cent by 2015.