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India’s Road Expansion Fuels Surge in CE Demand
Fueled by rising government spending, rapid urbanisation, technological innovations, and the ‘Make in India’ initiative, the future of the construction equipment industry is promising, brimming with potential and opportunities.
All our new products are CEV V compliant
Italy’s 2024 construction machinery market drops 13 per cent, with road machines seeing modest growth
Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
We plan to exhibit our new Smart+Excavators
Rajiv Chaturvedi, Vice President – Sales and Marketing, After sales and Parts, Hyundai Construction Equipment India
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.
CE manufacturers call for single emission norms for all machines
The Indian Construction Equipment Manufacturers Association (ICEMA) has asked for a single set of laws to govern all construction equipment machinery
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Automation at the Forefront
Companies use automated material handling equipment because it increases productivity and reduces waste, which results in significant cost savings.
Eyeing New Heights
The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.
CE industry grows by 25% in FY2023
The quick expansion in road and infrastructure development activity across the nation, fuelled by significant governmental expenditure as well as private sector initiatives, is the primary cause of this wise rise in the industry's fortunes.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
CE manufacturers call for single emission norms for all machines
ICEMA has appealed to relevant government departments.
Construction equipment ind. grows by 25% in FY2023
Construction equipment industry grows by 25% in FY2023
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
Bauma CONEXPO INDIA 2023 - Highlights
The trade fair for construction equipment industry garners excitement!
The demand for excavators & backhoe loaders will rise
Nischal Mehrotra, VP - Sales & marketing, Liugong India, speaks on the market in India for their products.
Bringing the CE industry together
As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.
All eyes on bauma CONEXPO!
The ‘Future of Nation Building’ is the main theme at this edition as all industry stakeholders converge to make India’s dream of infra-led development a reality.
The exhibition will bring together next-gen technologies to power India’s infra-growth ambitions
Bhupinder Singh, CEO, bauma CONEXPO INDIA, elaborates on what the construction and infra-development ecosystem can expect from the upcoming edition in Greater Noida, and why this is a decisive platform for large and emerging players in the equipment sourcing and manufacturing market.
Europe-India Day Symposium at Bauma Forum
During Bauma 2022, “Europe- India Day†was organised by the CECE, ICEMA and VDMA India on October 26, 2022.
Indian construction equipment industry plans to attract global suppliers
With the construction equipment industry being the primary stakeholder the infrastructure sector is an economic driver and is poised to play an important role in propelling the country’s overall growth and development
CE export witnesses 60% growth in FY22
According to the Indian Construction Equipment Manufacturers Association (ICEMA) the export of construction equipment has increased by 60 per cent in FY22 with earth-moving equipment witnessing 69 per cent growth in the last fiscal year.
Chasing Growth!
Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.
Enhancing collaboration in construction machinery between Europe and India
CECE President Alexandre Marchetta and ICEMA President Dimitrov Krishnan have signed a Memorandum of Understanding extending the cooperation between the two continental organisations.
NIP can make CE tick
As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.
CII Excon 2021 to aid India to become second largest CE market by 2030
The Confederation of Indian Industry (CII) has announced the 11th edition of Excon, South Asia’s largest construction equipment, and construction technology trade fair, which will take place at the Bangalore International Exhibition Centre (BIEC), Bengaluru from May 17-21, 2022.
Europe and India: Enhancing trade relations in construction machinery
CECE President Alexandre Marchetta and ICEMA President Dimitrov Krishnan have signed today
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
Bio Diesel Summit
Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.
Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE
The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.
M Vijay Kumar appointed CEO of Infrastructure Equipment Skill Council
M Vijay Kumar comes with over 35 years’ experience in the construction equipment industry.
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.
ICEMA inaugurates new office in New Delhi
Strengthening the Indian Construction Equipment Manufacturers Association (ICEMA) secretariat by way of setting up of a new office space in New Delhi is an integral step towards achieving the Industry’s Vision Plan 2030: Building the Nation” said Sandeep Singh, President ICEMA while inaugurating the newly opened office.
Dimitrov Krishnan is new President of ICEMA
The Indian Construction Equipment Manufacturers Association (ICEMA) elected their President for the period 2021-23 during its Annual General Meeting held virtually on July 19, 2021.
Dimitrov Krishnan is new President of ICEMA
Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India Pvt Ltd will lead ICEMA, the apex association of CE industry.
ICEMA inaugurates new office in New Delhi
ICEMA’s New Office to help drive Construction Equipment Industry’s Vision 2030 Plan
Sany, in association with CII, organises vaccination drive for employees
Inaugurating the vaccination drive, Deepak Garg, Chairman CII Pune Zonal Council and Managing Director, Sany India said, “The health and well-being of Sany family is our utmost priority.
Sany, in association with CII, organises vaccination drive for employees
Adhering to the Covid-19 guidelines, the vaccination drive was smoothly conducted with minimum waiting times and in utmost sanitised and safe conditions.
With infra plans in place, there will be continuous growth for hydraulic excavators
Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.
bauma CONEXPO India Cancelled!
bauma CONEXPO India is a melting pot of knowledge, deals and networking. We explores what the cancellation of this year’s edition means for the industry.
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
bauma CONEXPO INDIA postponed to April 2021
The event will now take place from 20 to 23 April 2021 at the India Expo Centre (IEC), Greater Noida
Construction and infra activities will pick up and normalise in the next two months
Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.
The long-term growth for construction equipment is intact
India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.
CE industry will continue to witness a healthy growth
The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.
Pushing Growth
Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.
bauma CONEXPO INDIA 2018
The construction equipment expo - held in December 2018 in Delhi - scaled new heights even while participants expressed their apprehensions on the market scenario in 2019 owing to the upcoming elections.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
An Uphill Road Ahead
Out of about nine lakh construction equipment operators in India, only9,000 operators are certified by Infrastructure Equipment Skill Council (IESC).
Infrastructure Revival to Push CE Growth
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
The race has begun
'Infrastructure 2.0' was the theme of our 10th Annual issue of Equipment India. The 5th Annual Equipment India Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.
bauma CONEXPO INDIA, iCEMA sign Cooperation Agreement
bauma CONEXPO INDIA and the Indian Construction Equipment Manufacturers? Association (iCEMA) will cooperate closely in future. A cooperation agreement was signed in Delhi by Bhupinder Singh, CEO, bC Expo India, and Arvind K Garg, President, iCEMA.
The Show of Technology Prowess
Excon 2017 is all set to open its floors for the five-day mega technology feast on December 12, 2017. This year marks the ninth edition of the Excon, which has a 17-year strong legacy being organised since 2000.
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.
More engines of growth needed
Off-Highway Research reports a turnaround in the global construction equipment (CE) market, which is expected to grow 16 per cent this year.
Arvind K Garg elected ICEMA?s new President
Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery, Larsen & Toubro Limited, has been elected as the President of Indian Construction Equipment Manufacturers? Association (ICEMA) for the term 2017-19. This was decided at the ICEMA?s Annual General Meeting held in New Delhi recently. He has earlier served as the Vice-President for 2015-17.
Excon 2017 to attract over 1,000 exhibitors
The 9th edition of Excon, India's premier and South Asia's largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017, is expected to attract more than 1,000 exhibitors, including around 300 companies from abroad
Excon 2017 to attract over 1,000 exhibitors
The 9th edition of Excon, India?s premier and South Asia?s largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017, is expected to attract more than 1,000 exhibitors, including around 300 companies from abroad.
ICEMA Wins,Ban Dropped
Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.
Equipment & Technology for Infrastructure is no Luxury!
The Supreme Court's recent clarification that construction equipment and agricultural equipment are not included in the BS-III vehicle ban was a sigh of relief to the concerned industry.
Back on Growth Path
Given its versatility and mobility, backhoe loader finds great use at almost every construction site, both urban and rural India. This multi-purpose machine continues to perform a variety of tasks at sites and is used for digging, dosing, levelling and lifting activities.
Equipment India Awards 2017 and CEO Forum
The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.
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.
A trusted Technocrat
Vivekanand Vanmeeganathan is the Country Manager - India region and is also Managing Director of Caterpillar India Private Limited, Material Handling and Underground Division (MH&UD), Tiruvallur.
Compact Road Equipment Market to Grow
Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.
Bauma 2016 - the biggest trade show on earth
Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.
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.
Minister Visits Schwing?s Training Facility
The Minister of State (Independent Charge) for Skill Development and Entrepreneurship, Rajiv Pratap Rudy, visited the Schwing Stetter Operator Training School to review and understand the training capabilities being conducted on a regular basis.
3rd Annual Equipment India Awards & CEO FORUM
The evening of March 16, 2016 was a matter of pride for õ 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.
Make In India Week
Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.
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
Exceeding Expectations
According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry
CE Industry Buoyant at EXCON 2015
CII and ICEMA jointly showcased the CE industry at EXCON 2015, the 8th International Construction Equipment and Construction Technology Trade Fair, from 25-29 November 2015, at the BIEC grounds in Bengaluru
CE Hydraulic Cylinders - Bright Future Ahead
On ground demand of construction equipment (CE) spurs the requirement of hydraulic cylinders for various essential applications by the OEMs. õ zeroes in on this segment to develop granular market insights.
We will continue to contribute to the infra developments of India
The construction equipment industry is the only one in the country which has witnessed a continuous decline for the last five years. We are still witnessing a marginal decline in the first half of this financial year.
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
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
Progress Through Performance
The recently held ICEMA conference on highway equipment discusses the need for efficient technologies, quality and skill upgradation in roads and highways construction.
Infra Development in North-East Region
Indian Construction Equipment Manufacturers? Association (ICEMA) organised a conference on Infrastructure Development in North East Region, concurrently with ConMac 2015 - an exhibition on construction equipment and technology at Guwahati.
Used equipment without safety standards is a challenge
There is a lot of positivity in the industry though things have not picked up to the extent that we hoped for; what we expected to happen in three months may happen in six months time. We feel that the industry is going to be 10-15 per cent better after six months; and from next year, things will start falling in place.
We expect EPC model dominating at least in the short term
The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. The smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend.
Diggers to get busier
The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.
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.
It's time for the show!
The 3rd edition of bC India, which mirrors the pulse of the CE industry, is expected to attract over 30,000 visitors to witness the exciting range of construction and mining equipment and machinery.
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.
The growth of road equipment segment will be about 15 per cent by 2017
Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.
We have to prepare for the future.
We have a Special Interest Group (SIG) in construction and heavy engineering and one of the group?s focus is on talent development, says Samir Yajnik, President - Sales and COO, Asia Pacific, Tata Technologies. Excerpts from the interview.
Looking Ahead with Optimism
Despite the economic slowdown and contrary to initial apprehensions from the major stakeholders, Excon 2013 turned out to be a success, with OEMs and aggregate and components manufacturers launching a new range of machines and components, and some of them even announcing further investment to augment capacity, in order to meet the expected demand spurt in the coming years.