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India Builds, China Supplies?
As infrastructure spending accelerates, domestic construction equipment makers warn that cheap imports and weak policy enforcement are eroding local manufacturing.
India Builds, China Supplies?
As infrastructure spending accelerates, domestic construction equipment makers warn that cheap imports and weak policy enforcement are eroding local manufacturing
We are extremely bullish on the Indian CE market
Prafulla Deoskar, GM - Transmission Division, Kirloskar Pneumatic Company.
We expect India’s CE market to see strong, sustained growth
Kapil Sehgal, Managing Director BHDL, Bucher Hydraulics
Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
Our compaction products are a true testament to Atmanirbharta
Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, offering a comprehensive range of products and services in over 140 countries. Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, speaks on the company’s growing focus in the compaction business in India, and how it aligns with their broader goals and vision.
Chasing Growth!
Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.
NIP can make CE tick
As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.
Indian CE market to regain growth
Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
Can India be an alternate manufacturing base?
Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
The Festival is back, Are Festivities back?
The current slowdown is giving a drubbing to the Indian construction equipment (CE) market with the equipment sales diving drastically in the past few months in contrast to what the industry had anticipated during the start of the year.
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.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
"Rental companies are backbone of Indian CE market"
For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.
Indian CE Market Overview
The market for construction equipment will follow an upward trend in the next five years.,
We plan to invest Close ?40 million in India
Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.
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.
Infrastructure: The Way Forward
The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.
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.
We will be showcasing our latest products first time in India
Indian construction equipment (CE) industry was always expected to be poised for growth and what we are now witnessing is realisation of these expectations. The industry is maturing both in the scale and breadth of equipment being manufactured across market segments.
More engines of growth needed
Off-Highway Research reports a turnaround in the global construction equipment (CE) market, which is expected to grow 16 per cent this year.
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.
Exact raw materials and mechanisms are still not available
The Procurement trend is still price-based. The contractors do not have the proper expertise for proper validation of tower cranes with respect to the quality
We enjoy a monopoly in some segments because of the matchless attributes we offer.
Moba has rich expertise in mobile automation backed up by robust electronics, sensors with high quality, and strong technical application knowledge which has enabled Moba to build solutions which are effective, reliable and easy to operate. Such systems demand the withstanding the highest degree of vibration, exposure to dust, water and heat
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