Search

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Improving efficiency

Batch mix plant is the most widespread type of asphalt plant in the world, which guarantees the highest level of flexibility in production and quality of the finished product.

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

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

NHAI agrees to 25 suggestions made by NHBF to ease highway construction

NHAI has agreed to most of the suggestions made by the National Highways Builders Federation (NHBF) related to project delivery.

India will be a high growth market: Vivek Hajela

L&T has fully conceptualised, designed, developed and manufactured in-house wheel loaders with more than 90 per cent components sourced domestically. Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro, shares more on the market scenario and outlook.

Towards Greener Future

Asphalt is regaining traction in the Indian road construction due to its better recyclability and the freedom to use waste materials like plastics along with asphalt mix. The future looks greener for asphalt mixing plants.

We proactively pursue when it comes to adopting digital technologies

As a major player in heavy-duty mobile cranes market in India, TIL has consolidated its presence over the years.

Co-lending and leasing becomes the key tool this year

Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.

We create value for our customers through make in India

LeeBoy India benefits from having a local manufacturing facility to effectively catering to the local and export markets.

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.

MCE industry looks for recovery post elections

Demand for mining and construction equipment post-elections will depend on the function of a stable government and continued focus on infrastructure investments.

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.

Pushing Growth

Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.

ICRA predicts robust long-term outlook for mining construction equipment industry

The Indian mining and construction equipment (MCE) industry is likely to see a moderation in demand growth which is expected to fall to 4-6 per cent in the medium term, more particularly during CY2019.

Requirement for bigger plants will come down in 2019

One pathbreaking offering: We have introduced a tower plant for the city environment. The plant has a footprint of 6 m + 8 m with vertical space and works in a total dust-free environment.

ICRA envisages stable outlook for construction sector

Rating agency ICRA estimates a stable outlook for the construction sector in India, supported with strong order inflow in the last couple of years and a huge pipeline of projects to be awarded in the infrastructure segment.

On a Smooth Path

As roads and highways construction continues to be on the top gear, more mechanisation is taking place in rural roads with motor graders finding more traction in the coming years.

6th AnnuaL EQUIPMENT INDIA Awards 2018

The Annual EQUIPMENT INDIA Awards are here again. In its sixth edition, the Annual Awards to be held on October 25, 2018 in New Delhi, will honour the top performers of construction equipment industry.

CONCRETE BATCHING PLANTS

Concrete is a major constituent of infrastructure projects: mainly in real estate, roads and highways, railways, sea ports, airports, power plants, irrigation and urban modernisation sectors.

Metso enhances production capacity in India

In order to address the growing demand for crushing and screening plants in the Indian market. Metso is expanding its production capabilities in Alwar. This latest investment increases Metso?s crushing and screening plant production capacity in India by 35 per cent.

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 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

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.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

We are showcasing technologies for complete road construction process

The last few years have been very good with respect to awards and constructions of road projects. We expect this trend to continue with construction of 19 km/day and the government working towards 30 km/day.

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.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

Crushers & Screens| High on Demand

With infrastructure and construction sector on fast-track, especially road sector, aggregate processing has become essential to support the construction activities with a matching pace.

Excavators Excel

Driven by the infrastructure development activities in the country, hydraulic excavators recorded a sharp growth in 2016 compared to the previous year. The positive trend is continuing this year also with a 26 per cent growth in the first four months.

Construction Challenges

The Indian road sector has undergone phenomenal growth over the last decade and is growing exponentially now due to the new government's focus on the sector. The pace of road construction is even higher in rural areas, sub-Himalayan regions, international border areas and north-eastern (NE) states, as part of providing better connectivity and access for defence requirements.

Paving a Growth Path

While the paver market is gearing up for phenomenal growth, sensor pavers are expected to have a smooth ride due to the demand for quality roads in the future.

Motor grader sales to go up 24percent

With increasing demand from road sector, the motor grader market in India is expected to rise 24 per cent over the next five years, according to Off-Highway Research report. The forecast follows a huge 54 per cent leap in grader sales in 2016, and a near doubling of the market in 2015.

Construction enabler

India is on a fast track to develop world-class infrastructure in the country. Commencing with road sector wherein a construction speed of 40 km a day has already been achieved, plans are afloat to take it to 100 km a day. Similar traction has begun in other construction sectors like canals and more will follow.

We see maturity amongst manufacturers

Industry trends: Current industry is very definitive, a state where there is transformation. Practices of doing work, technologies growing and the customers also transitioning from a cart to equipment which deliver brand.

We would showcase innovations across all our four brands

With the infrastructure development polices of this government, there is good demand and growth for the CE industry. The difference from last bC India, is that two years back, the new government in place had ambitious plans to develop the road sector. Now the plans are being executed well, and due to this there is an increase in demand for equipment.

GRT provides several technologies not seen before in India

The road sector in India is in desperate need of new technologies, not only to improve speed and quality, but also to introduce more environmentally friendly construction techniques and to cut down on quarrying, transportation of materials and use of water and fuel.

BC India buzzing

India?s construction equipment market is currently in the vertical portion of the U trajectory of growth. Many analysts predict a sustained growth in double digits for the next decade, to begin with. Obviously, the allied industry will be an equal partner in this growth story.

Buoyant Future

An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.

NCC targets fresh orders

The Hyderabad-based construction company NCC Limited is aiming at new orders worth of Rs 12,000 crore in the current year as it plans to ramp up the order-to-bill ratio from the present 2:1 level.

We believe in delivering projects before time

PNC Infratech Ltd is a leading infrastructure construction, development and management company in the country. Chakresh Jain, Managing Director elaborates on the company?s experience with various LiuGong construction equipment.

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.

Make In India Week

Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.

On Course for Success

Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

Pick-n-Carry Hydra: Bestseller

As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India

Exceeding Expectations

According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry

We dont generally procure used equipment

We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.

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.

Graded Up

If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.

Komatsu has become a household name with the people in earthmoving business

Komatsu products backed by L&T sales and service network is the best combination that a customer can ask for. L&T is in this business for more than 70 years now and not only has the best infrastructure, but also has the best manpower resource in the country.

Batching Solutions

With the influx of fresh initiatives by the government there is a renewed focus on infrastructure development which offers big opportunities of growth for the concrete equipment industry. EQUIPMENT INDIA tracks the development in batching plants.

Smooth Ride Ahead

Tyre market in India is on a revival mode with some demand growth in the coming years. Starting this year, major user segments like mining, construction and material handling (ports) have become more active with government opening up coal blocks, investment plans for roads, ports and other infrastructure segments.

Hiring sector to regain top position in rental equipment purchase

Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.

Diggers to get busier

The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

Recycling is the value proposition of today

The highway authorities are planning to come out with pilot projects of milling and recycling of certain roads and use RAP in laying new roads. This will increase the awareness, says Abhijit Padhye, Vice President (Sales & Marketing), Linnhoff India.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

We are expanding our manufacturing base in India

All machines from Wirtgen Group are designed to ensure more productivity and less fuel consumption, says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

Rural India?s steady contribution is a robust signal of the revival

India remains a focus area for us and systematic investment will be made in future as per the requirements of the market, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (India).

Demand for minerals and mining services is strong in the country

Introduction of a country-wide goods and services tax (GST) can dramatically alter tax administration by giving a one-stop solution for excise and value-added tax into a single unified tax, says Dimitrov Krishnan, Vice-President, Sales & Marketing, Volvo CE, India.

Demand for minerals and mining services is strong in the country

Introduction of a country-wide goods and services tax (GST) can dramatically alter tax administration by giving a one-stop solution for excise and value-added tax into a single unified tax, says Dimitrov Krishnan, Vice-President, Sales & Marketing, Volvo CE, India

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

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.

Catalysing Growth

Winds of change are here to stay! Investment in the construction development sector has a multiplier effect on the economy by way of infrastructure creation; substantial employment generation over the entire spectrum,

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Implementation, The Key

The intent of the Modi Government is crystal clear. A plethora of proposed projects in every vertical, to say the least, has rekindled great expectations. Thanks to the government?s focus on ?connectivity?

Will the Government be Able to Walk the Talk?

With the Union Budget scheduled in the second week of July, the entire industry seems to be on a highly expectant mood with the hope that the government will now shift to higher gear for bold, long-term and deep fiscal economic reforms. A Chinese proverb reads thus 'When the winds of change blow, some people build walls, and others, windmills.

Market trends and Future Growth

The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions

Back to high growth trajectory

After two years of any noteworthy sectoral momentum, it is time for the CE industry to be alive and kicking. Thanks to the new government which has rekindled the hopes of a better growth trajectory by its intrinsic intention on initiating a slew of measures to restore the economy to high growth path.

Maximising Output

Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.

Road equipment set to witness an upsurge

After two years of ?forced hibernation? the road sector is expected to be alive and kicking, thanks to the new government that is expected to award 4,000 km to be bid via the PPP mode.

FDI in Railways to Boost Equipment Demand

For the new government, the Shakespearean protagonist?s dilemma, to be or not to be, is no more acts as fetters that lead to inactivity; so the case seems to be, at least for the Railway Minister Sadananda Gowda.

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.

Grading Up

Time-bound projects need reliable machines, and all equipment manufacturers are trying to innovate and adapt to the latest trends and are in the continuous process of improving productivity of the machine. Agith G Antony finds out product and technology trends in the motor grader segment.

We focus on spare parts and service of equipment.

Today, the customer is looking at the dealer whether he has the technical capability to support the machine. Jasmeet Bhasin, Proprietor, Kesar Earth Solutions, speaking with Sudheer Vathiyath, says that commitment of the dealer is necessary for the success of business. Excerpts of the interview.

Expectations from the New Government

Devendra Kumar Vyas, Chief Executive Officer at SREI BNP Paribas 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 will be able to lead the economy out of the low growth era through decisive governance.

At Terex, we are very bullish about India growth story

Vijay Sharma, Executive Director, Terex Equipment India: The huge quantum of the infrastructure to be developed over a period of time, tells no other story. Even for the metros to sustain for another 25 years, we need better infrastructure, better connectivity.

Terex will be launching the new 100-150 TPH plant series in May 2014

Views from Jaideep Shekhar, Executive Director, Terex Materials Processing, Terex India: At Terex, all machines are designed keeping in mind the requirements of the Indian customers. They come with various in-built product capabilities to provide maximum flexibility to the customers and suit the changing needs of the industry.

A Fresh Lease of Life

Crushers and screens address the supply requirements of the core infrastructure raw material inputs. The de-growth in the mining sector and the prevailing slowdown in the road sector has had a negative impact on the crushers and screens equipment (CS&E) segment. Like in many other equipment segments, the original equipment manufacturers in CS&E also have been busy with upgradation of existing range and new launches. The recent lifting of the ban on iron ore mining by the Supreme Court is expecte

Waiting for the Turnaround

The slowdown in the road projects, coupled with degrowth in the mining sector has negatively impacted the demand for wheel loaders. However, the industry is hopeful that after the election, things may look up and the anticipated opening up of the mining sector and new projects in the road sector will boost demand.

Excavators Ready to Ride the Slump

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t

Doosan has a focused approach towards production plans.

We offer products which can work in all applications because of our heavy-duty designs incorporated in the entire range, lowest operating cost per tonne, best up-time of machines and best longevity, says S Manjunath, General Manager ? Sales, Doosan Infracore India. Excerpts of the interview.

We plan to customise products for our Indian customers.

In China, XCMG is the market leader in wheel loaders, with a yearly output of 40,000 wheel loaders from its recently set up facility. We can make available any model the customer wants, right from 1 tonne to 12 tonne class, says H V Kulkarni, Director - Marketing, XCMG Machinery (India). Excerpts of the interview.

We are focusing more on ongoing jobs for which funding is available

MAIT operates directly with customers and we already have our own offices in Delhi, Mumbai, Pune and Chennai. Being a market leader, we are in a happy position where people know our equipment and have been using them for the last 15 years,

Our focus has been on superior product quality and world-class service

Atlas Copco, with its continuous product development and maintenance commitment, is definitely geared to serve the future demand for the road construction sector,

The growth of road equipment sector depends on a good mix of BOT and EPC projects

Currently, the road equipment sector is experiencing a slowdown, due to a number of road projects being stalled or going slow. Also, the depreciation of Indian rupee by over 20 per cent in the last quarter has made imported machines more expensive

Constant value engineering makes TIL the most competitive in the cost-vs-value equation

Introduction of the TIL-Astec range of equipment in track plants, wheeled plants, stationary plants and the manufactured sand segment in India has set a new benchmark in terms of technology, capacity, performance and total cost of ownership,

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

Road 2 recovery

Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.

R and D programme is an integral part of our business

From fully integrated control systems that drive more intuitive operator interfaces, to implementing control system-based fuel saving innovations and energy-efficient direct drive transmission strategies, our equipment are at the forefront of the latest industry advancements, says Rajen Khoda, Director Sales, Asia and Middle East, Powerscreen. Excerpts of the interview

Growth will pick up only if the government ensures a good mix of BOT and EPC projects

The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.

The government should award projects only after securing key sovereign clearances.

With the government planning for a major infrastructure boom in the North-Eastern states, we foresee a lot of potential for businesses to grow and flourish. The government plans to make investments in roads, railways, air connectivity, cyber and telecom connectivity and power in this region, says Amit Gossain, Vice President - Marketing and Business Development, JCB India. Excerpts of the interview.

The growth of road equipment segment will be about 15 per cent by 2017

Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.

CASE is working on introducing products from its portfolio into the Indian market.

In order to cater to the North-East market, CASEis making continuous efforts in order to consolidate its leadership position and further strengthen its market share through the introduction of new technology and advanced products that enhance the business value of its offering to its customers, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (I). Excerpts of the interview.

NHAI needs to look into obtaining the necessary land clearances before awarding projects

The North-Eastern region is a major focus area with plans in place by the authorities and quick turnaround time for awarding projects. Today, demand for equipment is also increasing gradually from this part of India, says Prantik Saha, Marketing Manager - Road Construction Equipment, Atlas Copco. Excerpts of the interview.