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All our equipment sales crossed all previous benchmarks
Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.
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.
On a high growth path
The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.
On a high growth path
The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.
Steering the market
Skid-steer loaders segment is one of the only few segments that has shown an increase in sales in 2022 as compared to 2021. The enormous growth in the market value of the construction sector will further fuel the nation's high demand for skid steer loaders.
Rent or lease – what’s the best option
Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.
Double-digit growth likely
Excon is a large, popular and established platform for the construction equipment industry in India where corporates, large infrastructure companies, contractors and their subcontractors, project construction professionals and retail customers meet original equipment producers and suppliers.
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.
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.
Overall outlook for next two years in positive
The overall outlook for next couple of years for pick and carry, and medium and heavy duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between.
Mini Machines, Maximum Demand
The demand for compact equipment from urban projects is expected to continue.
Steering Growth
Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.
Bigger Digger
Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.
Rentals Imperative for Growth
Satin Sachdeva, Founder and Secretary General, Construction Equipment Rental Association (CERA) elaborates on the importance of rental market in the growth of construction equipment industry.
"Rental companies are backbone of Indian CE market"
For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.
CHALLENGES and NEW Opportunities
The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
We expect Excon to be more vibrant and industry-specific
With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.
This year Excon is driven by optimism
Following a three-year slump in demand, the equipment industry started looking up from the early 2015. During the later part of that year, the market growth gathered momentum.
Warehousing Equipment Aiming New Heights
Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.
Piggybacking earthmovers growth
Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.
Paving on a High
Asphalt paver was developed by Barbar Green Co that originally manufactured material handling systems. In 1929, the Chicago Testing Laboratory approached them to use their material loaders to construct asphalt roads.
Application of AWPs will only grow.
ABC Infra is part of the ABC Group which has carved a niche in providing project/ODC transportation services under the banner of Assam Bombay Carriers for the past 35 years. ABC Infra Equipment provides equipment hiring solutions.
We see a year-on-year growth for articulated boom cranes
Loader cranes safely loads and unloads trucks while also transporting loads. The truck and crane combination negates the use of having two cranes at loading and unloading points. In the case of a knuckle boom crane, the crane folds compactly while not in use and unfolds while required to self-load or unload the truck or load or unload other trucks.
Backhoe Loaders Get a Rural Boost
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
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.
Differential rates of RTO tax and entry tax a challenge
Large number of heavy cranes has entered the market. Companies like Reliance have purchased their own cranes. As such rental would be very difficult when infrastructure development commences within next six to nine months.
Craning for Opportunities
From a global perspective, the equipment rental industry in India is in its nascent stage. Currently, the average off take for rental is 7-8 per cent of the annual equipment production in India as against up to 80 per cent in developed countries like UK, South Korea and others.
We see a great opportunity for growth with SANY
Our company was founded in 1994 in Jammu. Initially we started with road construction equipment and maintenance machinery for roads and gradually we diversified into construction equipment and earthmoving machinery business.
Pick-n-Carry Hydra: Bestseller
As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India
Most Popular Hydra Cranes
The market preference for Hydra cranes is tending towards eight-tyre based, front operator cabin and boom mounted wheel operated steer, Hydraulic mobile cranes. The pros and cons of this emerging trend are presented by Equipment India.
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
This year we expect to sell about 300 machines
We have been associated with Escorts for the past 25 years, starting with Escorts cranes representing them in Tamil Nadu and Kerala. Later we expanded our business to backhoe loaders, forklifts and road compactors. Now we deal in the full range of Escorts construction equipment in these two states.
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.
Uplifting Future
Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment
Diggies to Scoop the Growth Pie
Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.
Differential rates of RTO tax and entry tax is a major challenge
There are no trained or licensed operators. It is a lacuna and we have approached the MOT Nitin Gadkari?s office but they do understand our requirement of Operator License.
Craning for Opportunities
Despite a prolonged dip in demand for the last three years the power sector, especially wind mills and renewed focus on infrastructure, and core sectors like cement and steel are expected to drive the demand for heavy duty cranes.
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.
Rental segment will drive the demand for backhoe loaders
We are the authorised dealers for Terex Equipment in Mumbai, Thane and Raigad districts of Maharashtra. Terex in India operates in four different verticals: cranes, mining equipment (crushers and screens), earthmoving equipment, and aerial work platforms.
Versatility to Steer Growth
As the affordability of the skid steers becomes more attractive with respect to the loader backhoes, its popularity will increase among the hiring segment that will up the demand curve. The current demand for skid steer is not quite promising.
Excavators to Dominate
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.
We are expecting good business in 2016
We foresee an increased activity in road projects after the announcement of Land reforms and increase in infrastructure developments in Tier 2 cities, says, G Srikumar, Managing Director, MS Engineers. Excerpts from the interview.
Steering the Growth
Skid steer, the little cute machine, is steadily carving a niche amidst the Goliaths of construction equipment space. Such a versatile piece of machine when clubbed with a variety of attachments, still has not got its due yet.
STILL Number One
The focused thrust on infrastructure, manufacturing and agricultural sectors is expected to boost the demand for pick-n-carry cranes, which dominate the mobile crane market with over 80 per cent of total sales.
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.
Excavators Ready to Ride the Slump
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t
We provide tailor-made offerings to suit different customer requirements
Caterpillar?s vision is to be recognised as the leader everywhere we do business. Our strategy in India is to win by delivering quality products, services and solutions to our customers, says Ajay Shankar, Country Manager, Caterpillar India. Excerpts of the interview.
JCB Excavator provides best-in-class productivity and fuel efficiency.
In the excavator segment, JCB offers an unmatched range starting from 8T operating weight (JS81) to 22T operating weight (JS 220LC), to serve the plant hirers, earthmoving and quarrying customer base. At Excon 2013, JCB introduced the JS30 mini excavator and JS360 LC which like all other JCB excavators, offers excellent fuel efficiency, says Vipin Sondhi, Managing Director & CEO, JCB India. Excerpts from the interview.
BHL Continues to Rule the Roost
The world over, construction practices and methodologies determine the selection of the type of equipment, to a great extent. However, in India, backhoe loader (BHL) controls the lion's share of the total equipment sale; it is wheel loaders that dominate the Chinese CE market and crawler and mini excavators that control the European and American markets.
JCB constantly keep upgrading the machine to meet the growing requirements.
The JCB backhoe loader continues to be the most widely used equipment in India and we constantly keep upgrading the machine to meet the growing requirements of our customers, says Vipin Sondhi, Managing Director and CEO, JCB India.
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