3rd Annual Equipment India Awards & CEO FORUM

The evening of March 16, 2016 was a matter of pride for EQUIPMENT INDIA as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual Equipment India Awards.

backhoe loaders:flat Growth

Backhoe loaders are passing through a challenging time for the past few years. Market is registering a flat growth with some indications that it is shrinking.However, now there is optimism among the leading players in the backhoe industry

Fuelonomics Drive Developments

Our machines are not only made in India, but also made for India

Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.

Make in India

Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.

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.

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.

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.

Earthmoving Equipment

Owing to the overall slowdown in the Indian economy, the current fiscal year has been bit sluggish for the construction equipment industry. The industry will gain momentum if the government starts implementing the delayed projects and carries out active review and monitoring to ensure timely completion.

We are already in the process of ramping up our capacity to address increasing demand

Our strong distribution network is instrumental in providing round-the-clock after sales support. As a result, we are building a strong platform of satisfied customers who swear by Terex as their true and trustworthy partner, says Vijay Sharma, Executive Director, Terex Equipment India.

Our backhoes are highly fuel-efficient, with the unique Smart UC Hydraulics

Terex Backhoes perform faster while digging and loading at lower operating costs, with durability through quality and tech?nology innovation.These products have been developed in India for the Indian market, says Vijay Sharma, Executive Director, Terex Equipment.

STILL NUMBER ONE!

The sales forecast for backhoes by Off-Highway Research is pegged at a target of 36,000 units by 2015, up from 30,000 in 2011, whereas for the crawler excavator alone, the forecast is 35,000 units, up from the 2011 figure of 14,500.There is the school of thought that points to the visible drift from the backhoe market towards the wheel loaders market.

Terex Raises the Bar

Demonstrating its commitment to Indian infrastructure development, Terex in India has launched its new world renowned products - the TL 210 wheel loader and PT 200 mini dumper. TL 210, equipped with the 160 hp BS III Cummins engine, is an absolute and powerful loading equipment that offers a wide

TEPL has ambitious plans for quadrupling its top line from present levels

Terex Equipment is all set to ride the bandwagon and be a part of this tremendous growth story that is unrolling in the country, "We have set up another state-of-the-art facility at Hosur, near Bangalore, apart from the existing Greater Noida facility.

Excavators Settle In Comfortably

The market potential for hydraulic excavators in India looks to be most promising, as a large number of players have entered the scene. What's more, the boom is expected to last for quite some time. Agith G Antony digs up the facts.

CE Boom Heads East

Even as the American and European markets continue to languish after the global economic crisis, the world is looking towards the BRIC nations (Brazil, Russia, India and China) to lead the recovery.

Earthmoving Equipment: Moving Up Steadily

At six per cent growth in the economy, infrastructure typically grows at 12 per cent which in turn, fuels the growth of the construction equipment by 20 per cent.