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LiuGong India is one of the leading manufacturers of construction equipment in India. Rohit Punjabi, Vice President – Excavator Business, LiuGong India, discusses the trends he is observing in the construction equipment industry and how his company is adapting to these changes.
Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
All our equipment sales crossed all previous benchmarks
Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.
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
Our efforts have always been to make the most fuel-efficient machines.
The LiuGong excavator provides the highest productivity in its class, with its effortless hydraulic controls and spacious cabin. LiuGong lays lot of emphasis on operator comfort in order to increase operator efficiency. The machine operates at a higher pressure and hydraulic flow which results in better breakout force and faster cycle time, which further leads to better fuel efficiency, says Rohit Punjabi, Assistant Director (Strategy & Planning), LiuGong India. Excerpts of the interview.
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.
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.
Excavator Market Looking at Boom
As per Off-Highway Research, crawler excavators will be the fastest growing product of the near future, and its demand should grow to over 30,000 units in the next four to five years.Excon 2013 bears testimony to the fact that OEMs are gearing up for the anticipated demand for excavators. Some of the leading players either launched new models or showcased upgraded versions. Volvo CE launched two productive and powerful models in the D Series - EC220D and EC300D; JCB showcased its completely
Our excavators are highly fuel-efficient and drastically reduce cost-per-tonne.
Anjali Pandey, Engine Business and Components Business Leader, Cummins India, speaks on the key products on display during Excon.
Our excavators are highly fuel-efficient and drastically reduce cost-per-tonne.
LiuGong offers excavators from 2Tto 70T and we recently launched the 70T excavator. In India as of now we are selling in the 6T, 8T, 26T and 36T class. We are quite optimistic on the growth potential and at end of the next year we will probably come out with more models in excavators for the Indian market, say Rohit Punjabi, Assistant Director Strategy & Marketing, LiuGong India. Excerpts from the interview.
Stalled but Hopeful
In spite of the present slowdown and resultant sluggishness in the CE market, the long- term growth prospects are still intact; and experts view the huge infrastructure deficit as a major growth driver and prudent steps from the government can bring India back on the growth trajectory.
LiuGong compactors are versatile in nature
We are enhancing our manufacturing efficiency and regularly visiting our customers to guage their needs. To this end, we have synergised all our R&D centres to adapt to the needs of the customers
Intelligent compaction
Road construction experts as well as OEMs, vouch for the efficacy of intelligent compaction technology lauding the way it has led to improved roads. It is one of the most significant technological developments for the road construction sector
On a recovery mode
The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. EQUIPMENT INDIA interacts with some of the major players to get the pulse of the industry.