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Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
Hyundai CE India Advances Excavators with Cutting-Edge Features
HD Hyundai Construction Equipment is one of the leading construction and earthmoving equipment manufacturers in India. Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the latest advancements incorporated into their recent hydraulic excavator models.
CV industry expects turnaround in H2FY25
During FY24, the CV industry faced unexpected challenges, resulting in muted volume growth of 0.7 per cent.
Hyundai holds a No. 2 position in excavator attachments in India.
Joydeep Baksi, National Sales Head (Sales & Marketing), Hyundai Construction Equipment India, speaks on the current market size of hydraulic excavators in India, and how has it evolved over the past few years.
Building the Future
The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.
NHAI grants 6,003 km of highway projects in FY23
The infrastructure project awarding activity picked up and gathered pace in Q4 of FY23 with NHAI awarding a total of 6003 km of projects in FY23 significantly below its FY23 target of 6500 km as stated in a report by Motilal Oswal Financial Services.
Fuelling the future
Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.
Chip component plant to get $300 mn expansion in Pennsylvania
The electronics subsidiary of German multinational healthcare company Merck KGaA said it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials hope will help boost the area's appeal to the fast-growing semiconductor industry.
The demand trend for earthmoving equipment is expected to remain positive
Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
What are the latest innovations in the OTR tyres segment?
CW speaks to experts to understand new trends in the tyre market.
The New Outcome-Focused World of Manufacturing
The article outlines how smart, connected services can be used to drive efficiencies and provide insight to inform decision-making that ensures competitiveness while improving performance and profits.
Towards a Sustainable Future
Tata Hitachi has made significant investments in its plants at Dharwad and Kharagpur towards renewable energy, rainwater harvesting, and reusing ETP water for irrigation
Shriram Automall gets Great Place to Work certification
Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces
Shriram Automall gets Great Place to Work certification
Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
Infra Push Drives Demand
The rise in infrastructure projects will only see an increase in demand for attachments for construction equipment.
Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
Enhancing efficiency
India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.
About 400 comprehensive GIS-based maps prepares under PM GatiShakti
Minister of Commerce and Industry Consumer Affairs Food and Public Distribution and Textiles Piyush Goyal told the media that about 400 comprehensive geographic information system (GIS)-based maps have already been prepared under PM GatiShakti National Master Plan.
Improving machine productivity
The demand for the hydraulic hose is estimated to grow at a substantial rate from the construction industry owing to the requirement of high operating pressure and maximum abrasion resistance to the equipment.
Chamarajanagar to set up lithium-ion cells production unit
Chamarajanagar in Karnataka will set up a production unit of Lithium-ion cells and batteries, which will soon power the electric vehicle (EV) revolution across India.
The New Outcome-Focused World Of Manufacturing
The article outlines how smart, connected services can be used to drive efficiencies and provide insight to inform decision-making that ensures competitiveness while improving performance and profits.
What’s Your C-sat Score?
C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.
L&T dispatches 700 MWe steam generator to GHAVP
The heavy engineering arm of Larsen & Toubro, flagged off the fourth steam generator (SG) for NPCIL’s indigenously designed 700 MWe pressurised heavy water reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana.
Sustainability in logistics
Sustainability within logistics is expected to be taken up on a larger scale, with digitalisation and automation being prime movers of such operations, writes Huseni Vohra of Ocean Insights.
infra demand boosts rental market
Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.
On the Move!
The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.
L&T dispatches 700 MWe steam generator to GHAVP
The heavy engineering arm of Larsen & Toubro, flagged off the fourth steam generator (SG) for NPCIL’s indigenously designed 700 MWe pressurised heavy water reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana.
Make in Steel 2022
The fifth edition of Make in Steel Conference and Awards 2022, with the theme “Gearing up for sustainable steel in India”, offered three interactive panel discussions and thought-provoking industry keynotes.
There is no defined market for telehandlers in any industry
In light of the plans of infrastructure creation and reforms in mining, what opportunities do you foresee for construction equipment? Opportunities for construction equipment like telehandlers in the mining industry are from the very first day of the mining – from mine formation/construction/ infrastructure maintenance/operational duties and up to mining machinery maintenance. The different attachments make the difference. One single machine (telehandler with some common mining attachments like fork, basket, tyre handler hook, etc.) can replace and reduce the workshop gathering of different machines for different jobs.
Companies all over the world are turning to digital integration to increase efficiency in the mining process.
In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.
One of the major demand drivers is increase in demand for underground mining equipment
With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.
Opportunities galore
The construction industry across the globe is anticipated to present significant opportunities for construction equipment.
S. Chandra of Liebherr: Crane equipment rental has good future
Subhajit Chandra, Divisional Head – Mobile Crane Division, Liebherr India, speaks on how the market for medium and heavy-duty mobile cranes is progressing in India.
Indian construction equipment industry growth slumps in Q3FY22
On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.
Gaining traction
Growing construction industry supported by global megatrend of urbanisation is expected to drive growth of the global aerial work platform market.
Counting on diggers
Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.
The new outcome-focused world of manufacturing
Yet, it would be incorrect to say that manufacturers are overly focused on the specifics of their coding and marking equipment – or indeed, any individual piece of machinery on their production line.
Escorts Q1 results FY22: Net profit at 185.2 cr
Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.
The new outcome-focused world of manufacturing
Product coding and marking is a small but vital component of all manufacturing operations – an incorrect, or missing code can mean that products can’t be shipped, which can put retailer performance targets at risk, damage brand reputation, and result in significant punitive fines.
Wheel loader market is dominated by 120-150 HP range equipment
In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.
Craning Forward
Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.
There is upsurge in demand for medium & high-capacity cranes”
The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country.
Demand for pick n carry cranes has strong correlation with industrial growth
The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.
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.
Escorts Q1 results FY22: Net profit at 185.2 cr
Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.
Portable compressors play major role in mining, infra and construction applications
The construction sector has been again impacted by the onset of the second wave of the Covid-19 pandemic.
Improving performance
Hydraulic hoses and fittings play a vital role in the fluid power transmission in hydraulic equipment. Construction and mining equipment will continue to be a major growth driver for this segment.
BEML starts manufacturing oxygen generating units
BEML has always been at the forefront when it comes to dealing with national crisis.
Tata Motors launches â€16 saal bemisaal’ campaign
Commemorating 16 strong years of the Tata Ace, the most popular small commercial vehicle (SCV) of the country, Tata Motors, India’s largest commercial vehicle manufacturer, has announced the launch of the new â€16 saal bemisaal’ campaign.
MHE in India: What drives the sector
There is high growth potential in material handling industry in India considering the pipeline of opportunities in construction and infrastructures sectors.
The recent MHE market demand is on the uptrend”
Pre-Covid Indian MHE market has shown double digit CAGR since 2014. In-spite of Covid-19 pandemic and business being at standstill for almost four months in 2020, we saw a fast-paced recovery since August 2020, and witnessed the highest ever MHE market in March 2021 and in Q1 2021 which was fuelled by growth in economic activities.
Crushing it!
With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
Himachal Pradesh uses Rs 51.34 cr to construct 3,419 homes for poor
Himachal Pradesh invests Rs 51.34 crore to create 3,419 pucca houses for the poor
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.
Tata Motors launches â€16 saal bemisaal’ campaign
To celebrate this feat, Tata Motors has organised roadshows, wherein Tata Aces will travel across 10 states in the country. Patrons will also be able to test drive the vehicle to gain a first-hand experience of its comfort and drivability.
JP Infra plants over 500 trees at Sanjay Gandhi National Park
Plantation drive initiated in association with Maharashtra Forest Department, Thane
Hindustan Power sets up 50-bed facility in Anuppur
50-bed facility set up in Village Jaithari, district Anuppur for General Public. Hospital has facilities for oxygen support, ambulances, modern equipment and medicines.
BEML records highest ever turnover
Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.
Escorts announces Covid relief measures for its employees
Escorts Ltd., India’s leading Engineering conglomerate, has adopted a series of measures to support employees amidst second wave of Covid-19 pandemic. These include both healthcare and financial aid for employees and their families in these difficult times.
Despite second Covid wave, highway construction at 28 km per day in April
Despite the Covid-19 pandemic, lockdowns, and limitations on movement in most parts of the country, highway construction in April quadrupled this year to 853 km compared to the same month last year, which saw an entire nationwide lockdown.
Second wave of pandemic has hit the production
Incorporated in 2002, SANY India was and offers the widest range of construction machinery in India and South Asia. Presently, SANY India offers products like excavators, truck mounted cranes, all-terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, compactors, reach stackers, rubber tyred gantry cranes, rail-mounted gantry cranes, mining equipment, wind turbine generators and many more. The company has already established a strong network of around 28 dealers and 135+ outlets across India to cater to the growing demand and provide sales and service support to all its customers and associates.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
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.
BEML starts manufacturing oxygen generating units
In the wake of this 2ndwave of Covid pandemic and to mitigate the oxygen shortages in the country for Covid patients, BEML has successfully started manufacturing960 LPM Medical Oxygen Plants at its KGF complex in record time under a ToT agreement with M/s.Defence Bio-Engineering & Electro Medical Laboratory, Bengaluru under DRDO.
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.
India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA
Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets
Escorts' standalone profit up by 80.0% to Rs 874.1 cr
Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.
CNH Industrial (India) continues proactive measures to combat Covid-19Â related matters
A task force has been set up to help employees and their families
BMC’s expenditure on development project rises
For the first time in over a decade, the BrihanMumbai Municipal Corporation (BMC) has spent over 88 per cent of the allotted budget for developmental activities/projects during FY 2021-21.
Beating Covid-19
The second wave of Covid-19 pandemic brought us to a complete standstill. However, several companies have rose to the occasion and have come forward to help hospitals treating Covid-19 patients by supplying medical oxygen.
We believe that it will take at least a year for the market to stabilise
Incorporated in 1990, Suretech Infrastructure offers specialised infrastructure construction and foundation engineering equipment and materials to the building and construction industry, throughout the Indian Sub-Continent.
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.
India continues to be an important market for us
Since 1958, Putzmeister has been global leaders in the world of construction and mining. The company develops, produces, sells and serves its customers with high quality and high reliability machines for pumping, distributing and placing concrete, mortar and high-density solids, and for preparing, temporarily storing, processing and transporting these materials.
CW Maharashtra mega virtual conference focuses on opportunities
Platform at unprecedented scale to attract the biggest names
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.
Tata Motors introduces Magic Express Ambulance
ata Motors, India’s largest commercial vehicle manufacturer, introduces the Magic Express patient transport ambulance, designed specifically for healthcare mobility in the economy ambulance segment. The Magic Express Ambulance is designed to support medical and health related services, which assumes significance especially during the COVID-19 pandemic.
JCB strengthens presence in Andhra Pradesh
India’s leading manufacturer of earthmoving and construction equipment, JCB India further strengthened its presence in Andhra Pradesh. Its dealer, Varun Motors, inaugurated its new facility for sales, service and spares in Rajahmundry, the cultural capital of the State.
Govt’s infra focus will boost demand for CE”
Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.
Tata Motors introduces the Magic Express Ambulance
The Magic Express Ambulance is designed to support medical and health related services, which assumes significance especially during the COVID-19 pandemic.
Operational visibility & automation central to maritime logistics of future
Sustainability within logistics is expected to be taken up on a larger scale, with digitalisation and automation being prime movers of such operations, writes Huseni Vohra of Ocean Insights.
Motor graders are now mandatory for construction of highways
The grader has a strong role in the pre-compaction stage and sub-base preparation with fine grading, spreading and levelling the ground. It uses a hydraulic blade to push large amounts of soil and can be adjusted with a simple lever by the operator.
Technological upgrades are perennial part of CE industry: Sandeep Mathur of CASE
Sandeep Mathur, Brand Leader, CASE India, speaks on the current scenario of motor graders in India, and the upcoming digital technologies in motor graders.
JCB strengthens presence in Andhra Pradesh
The company's dealer, Varun Motors, inaugurated its new facility for sales, service and spares in Rajahmundry, the cultural capital of the State.
New Avenues to Growth
The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.
JCB India enhances distribution network in Rajasthan
JCB India has strengthened its presence in western Rajasthan. Its dealer at Jodhpur, Mayank Equipments, inaugurated its second 3S facility for sales, service and spares in the region.
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.
2021 will be a year of challenges and consolidations
Souma Ray, Director, Haulotte India shares his thoughts on the AWP market outlook and the company’s activities.
AWPs for safe and reliable operations
The post-pandemic conditions demand for safer and secure means of operations where AWPs will play a major role and will gain prominence in future.
We provide more focus to training
Manoj Rawat, Country Manager - AWP, India & SAARC Region, Terex India, elaborates on the outlook on the Indian AWP 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.
Mining market scenario
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
Tipper trucks market gearing up
Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.
Mining opportunities and challenges
Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.
BKT designs prototype of its biggest-ever tyre
Prototype ready for the new giant product, in the 40.00 R 57 size, for rigid dump trucks
ĆßĂõĽş˝ Awards 2020
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
ICF 2020: A Virtual Construction Extravaganza
Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.