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Eyeing new heights

The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

Innovation has been cornerstone of JCB’s operations

In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.

CE market to pick up in long term

After a 15 per cent drop in construction equipment demand to 83,470 units in 2019, some signs of recovery were visible at the beginning of 2020.

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

CE industry: On the road to recovery

The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

Schwing Stetter resumes Chennai facility operations

Schwing Stetter India has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19. The announcement follows the recent relaxation rules put by the government and the necessary permissions granted by the state authorities.

Tata Motors provides holistic support to transport ecosystem

Tata Motors has been comprehensively supporting the transport ecosystem to ensure all necessary supplies remain uninterrupted and seamless, nationwide

Schwing Stetter India resumes Chennai facility operations

Schwing Stetter India (SSI), one of the country?s leading concreting equipment manufacturers, has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19.

Schwing Stetter India resumes Chennai facility operations

Schwing Stetter India (SSI), one of the country?s leading concreting equipment manufacturers, has resumed operations in its Chennai-based facility, following the national lockdown to contain COVID-19.

Tata Motors extends supporting measures to customers worldwide

In the wake of the COVID-19 pandemic, Tata Motors has extended the warranty for its commercial vehicles customers worldwide.

Global construction equipment production to be 4 per cent down

The global construction equipment industry is expected to lose production of 43,000 machines this year after factory closures and national lockdowns around the world, according to Off-Highway Research. This is equivalent to 4 per cent of last year?s total output of 1.07 million machines.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

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