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Sustainability & innovation key drivers for infra development

The construction equipment industry is pivotal for economic growth

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Automation: Need of the Hour

The world is entering an age of robotics, and the construction industry could be the next.

The Concrete Advantage!

The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.

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.

Why CE industry needs automation

The world is entering an age of robotics. Industrial robots have worked in the manufacturing sector for decades, and now they appear in most industries. Construction could be the next industry.

Packs a punch!

SLCM is expected to rise with the implementation of many new or stalled urban infrastructure projects.

Concrete proof

Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.

An evening to cherish

The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

Schwing Stetter wins ‘Trainer of the Year 2021’ at EI Awards

Schwing Stetter was awarded at the 9th Equipment India Awards.

Sakthi Kumar of Schwing Stetter: I expect this to be our best year

Schwing Stetter is the name synonymous in the concrete equipment segment. Over the years, the company has introduced several path-breaking products in the Indian concrete pumping industry such as SP8800 concrete pumps, CP 30 batching plants and the 10 cu m truck mixers, which became synonymous within the RMC industry.

How automation is changing construction industry

The construction sector is huge, but famously stubborn in its adoption of new technology. That is changing as advances in construction automation continue apace… including the development of construction robotics solutions.

Sakthi Kumar of Schwing Stetter: I expect this to be our best year

VG Sakthi Kumar, MD of Schwing Stetter, on new manufacturing facility in Tamil Nadu, and role of automation in construction equipment.

Sakthi Kumar of Schwing Stetter: Market for excavators should grow by 10%

VG Sakthi Kumar, MD, Schwing Stetter (India), speaks on the present size and growth rate of the hydraulic excavators market in India.

In 2022, the market for hydraulic excavators may touch 25,000 units

Last year, the excavator market touched 18,000 units. The start of last year was good. Later on the numbers dipped due to Covid-19 pandemic. However from September onwards, the market picked up.

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

YoY demand for concrete equipment will be at 20-25% in today’s scenario

Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.

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

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