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Castrol, Mahindra Insurance brokers tie-up for CAS workshops

Castrol India Limited, India’s leading lubricant player, has signed an agreement with Mahindra Insurance Brokers Limited (MIBL), a prominent insurance brokerage firm.

Shriram Automall celebrates 12th SAMIL Utsav on a grand scale

India’s largest phygital pre-owned marketplace for vehicles and equipment, Shriram Automall India (SAMIL) created yet another benchmark in the used automobile industry on its 12th business anniversary by recording footfalls of over 25,000 customers on a single day.

Shriram Automall celebrates 12th SAMIL Utsav on a grand scale

Shriram Automall conducts biggest phygital auction by selling 7,500+ pre-owned vehicles, equipment and other assets

SAMIL showcases next-gen phygital auction tech at Auto Expo

SAMIL enlightened clients, potential customers and visitors about its technology-laden bidding platforms

SAMIL sets new benchmark; conducts 100 auctions across 100 locations

The event recorded footfalls of over 15,000 customers.

Pre-owned Equipment Market to Excel

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Used Equipment Market to Flourish

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Gujarat Pipavav Port organises training on upskilling at the port

Gujarat Pipavav Port (GPPL), and Pipavav Customs Brokers association (PCBA), in partnership with the Logistics Sector Skills Council; organised a daylong seminar-cum-training titled ?Recognition of Prior Learning of Logistics (RPL)?, at the port.

Equipment insurance sector will continue to grow

Considering the current scenario of infrastructure developments, there isa substantial growth potential in equipment insurance.

Fleet Insurance Benefits

Ravi Kothari explains the importance of fleet insurance for a cost-effective and service-efficient fleet operation.

Equipment insurance has huge demand in the current market scenario

CPM basically includes contractor?s construction equipment such as bulldozers, cranes, excavators, compressors, etc, due to an accident arising out of external perils. During dismantling and relocation from one place to the other, there is a possibility of the machines/equipment get damaged.

20T and 30T Hydraulic Excavators

To begin with, used equipment segment is a highly disorganised sector... Authentic and structured market data for used equipment is not available for India, because no market surveys or analysis have been carried out so far.

Front-end Loaders Dominate Rentals

Market information on rental industry is extremely fragmented. No accurate or authentic data is available in the industry to support this activity. Having said that, as per available information gleaned from various sources, the industry size for 2-3 cu m bucket capacity front-end loader is estimated to be in excess of 20,000 units in India.

Motor Graders

Owing to a very high demand, practically all recognized Motor Grader manufacturers of like Caterpillar, Komatsu, Volvo, LeeBoy, Tata Hitachi and others are selling used Motor Graders either directly or through their authorized dealerships, closely followed by organised resellers cum auctioneers like Quippo, Shriram Automall, Gemini Equipments, Infrabazaar and finally at tier III, level by small and medium sized resellers spread all over the country.

20T and 30T Hydraulic Excavators

Used equipment market is the Tier II selling platform for infrastructure equipment in India. A sneak peek into the market trends of this segment. To begin with, used equipment segment is a highly disorganised sector.

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