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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.
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.
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.
Volvo CE sets gold standard in safe demolition
Teams up with PK Unique Projects for a landmark demolition project with its EC750DUHR Excavator
Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
Loading the Future
Recent innovations in wheel loader technology have been transformative, and electric wheel loaders are at the forefront of this revolution.
2030 Goal: 250,000 Excavators!
India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining
Volvo EC210: A Technological Marvel
Built for Bharat, Volvo EC210 offers superior performance, exceptional fuel efficiency and lower maintenance cost, and will be available at 300+ outlets across the country.
Volvo CE introduces ‘Built for Bharat’ EC210 Hydraulic Excavator
The new excavator is now available at 300+ outlets across the country
Volvo CE Dominates Excon 2023 with Largest Electric Machine Showcase in India
Volvo CE India takes a monumental step towards sustainability at Excon 2023,
Volvo CE Dominates Excon 2023 with Largest Electric Machine Showcase in India
Volvo CE India takes a monumental step towards sustainability at Excon 2023
Navigating the Road Ahead
The market for sensor pavers is expected to grow at 7-8 per cent CAGR over five years.
No Bumps in the Road
India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.
Unleashing the hidden potential
The undercarriage parts market in India is expected to continue growing due to ongoing infrastructure projects, and the demand for reliable heavy 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.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
Much Better to be Safer than Sorry
Sustainable innovation is at the core of Volvo Construction Equipment. It is a work in progress and spans decades.
We will focus on CE for road and retail segments
Dimitrov Krishnan, Managing Director at Volvo CE India, speaks on their past experience at bauma CONEXPO India.
Volvo CE India showcases biodiesel blends for CE range
Volvo CE India has announced that its customers across the country will have access to select biodiesel blends to run their Volvo machines.
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.
Paving the way
The Indian market has a presence of technologically-advanced pavers with the presence of many national and international manufacturers.
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.
Connectivity is key between automation and electromobility
The world is entering an age of robotics. Industrial robots have worked in the manufacturing sector for decades. Construction could be the next industry to undergo an automation transformation.
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.
Construction, industrial equipment makers to shift to electric
The construction and industrial equipment industry plans to shift to electric. Top businesses like JCB, Volvo CE and Schwing Stetter are either working on electric versions or conducting feasibility studies for launching e-appliances in India.
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.
Volvo CE introduces 3 new construction BEVs
Roads and highways sector is considered to be the most vibrant infrastructure segment where a lot of activities ongoing consistently for a long time.
Connectivity is key between automation & electro mobility: Volvo MD
Dimitrov Krishnan, MD, Volvo CE India, speaks on whether machine automation will ever take off in construction.
D Krishnan of Volvo: Connectivity is key between automation & electro mobility
Dimitrov Krishnan, MD, Volvo CE India, speaks on whether machine automation will ever take off in construction.
Demand on the rise
The market is moving from mechanical to sensor pavers and the industry estimates the total market for sensor pavers to be more than 300 units per annum.
Volvo Group to launch SDLG excavators in India
The first SDLG excavator model to be launched in India is the 13 t E6135Fi
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
Challenging Terrain
The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.
We look forward to closely interacting with both customers and prospects
Volvo CE strongly focuses on productivity and lowering cost of operations or cost per tonne for customers. A big contributor is fuel efficiency.
Volvo CE to showcase future technology at Excon 2019
Volvo Construction Equipment (Volvo CE) will be showcasing its future technologies at the Excon 2019, to be held during December 10-14 at BIEC, Bengaluru.
Mega training programme for equipment operators
Volvo Construction Equipment India organised an operator training-cum- Infrastructure Equipment Skill Council (IESC) certification programme in India for wheel loader and excavator operators.
New paving technologies
Paver market in India is picking up with the growing road construction projects. Both asphalt and concrete paver markets see positive growth in the coming years.
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.
Volvo CE India unveils unique demo road
Volvo CE showed customers a new 100-m demo road cross section when Volvo celebrated its 20th anniversary in India.
Pioneering Growth
Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.
Pushing Boundaries
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.
Improved uptime on mining site
Indian mining customer Hilltop Hirise was targeting 5,000 hours of operation per year with the Volvo EC480DL, but the machine delivered around 7,000 hours per year.
Paving to perfection
Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.
Infrastructure development continues to be key
In terms of demand volume, 2017 will be the peak year in India. The total market demand is high this year. We will cross more than 2,000 machine sales this year for the first time.
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.
An opportunity to see how technology is shaping for Indian customers
We are seeing most activities in the road building sector with numerous projects progressing. Understandably, we are seeing the highest levels of demand for excavators, compactors and pavers for this application and its associated industries.
Less investment, More benefits
Telematics is important for effectively monitoring the equipment fleet in its operation and maintenance. Work on Internet of Things (IoT) platform, Telematics provides information about the location, fuel, maintenance, and all other parameters which can be accessed remotely on a smart phone, tablet or laptop
Revival on Cards?
India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.
Volvo Launches New Paver in India
Volvo CE has introduced its newest paver into India, the mid-sized P6820C ABG. The unit offers a winning combination of power, production capacity, and precision for excellent paving quality, with perfectly smooth mats.
Excavators Excel
Driven by the infrastructure development activities in the country, hydraulic excavators recorded a sharp growth in 2016 compared to the previous year. The positive trend is continuing this year also with a 26 per cent growth in the first four months.
Volvo launches P6820C ABG paver in India
Volvo Construction Equipment (Volvo CE) has launched its newest 9-m paver in India, the P6820C ABG. The unit offers a winning combination of power, production capacity, and precision for excellent paving quality, with perfectly smooth mats, according to the company. This new tracked paver is powered by Volvo?s D6E COM IIIA/EPA Tier 3 engine. The paver is considerably more powerful than its predecessor, while providing lower fuel consumption and less noise.
Operator Champion
Volvo CE organised the first-of-its-kind construction equipment operator competition to equip the operators with the required skill sets.
Green, Greener, Greenest
At a time when the government is focusing on the next level of emission compliance in on-road and off-road vehicles, ÆßÃõ¼º½ explores how the market is getting ready to comply with the latest norms.
Paving a Growth Path
While the paver market is gearing up for phenomenal growth, sensor pavers are expected to have a smooth ride due to the demand for quality roads in the future.
Volvo CE recognises operator talent in India
Bheemappa KS from Karnataka has won the maiden Operator Champion of India competition organised by Volvo CE, which saw nine winners in the heats from across the regions competing for the top spot in the final round. Narendra Singh from Rajasthan stood the runner-up in a close competition. The Operator Champion final took place between March 14 to16 at the Volvo CE headquarters in Bengaluru.
ON THE CLOCK!
Material and earth movements are the major work content of all infrastructure developments and mining activities. Front-end loaders, backhoe loaders, dozers and application-centric equipment as options for the users to choose from to suit individual requirements.
We can deliver better productivity and return on investment
With current work levels customers in all sectors are focusing on productivity, operating costs and uptime. Of course, these three issues are very closely linked, with much interplay between them.
There are five machines from three product lines on show
The market in India for construction equipment is ahead of its position two years, when the last bC India took place. The most active sector of the industry is road building, and Volvo CE will be focused on this industry, among others, in our display at the show. Outside road building, there is also growing interest in mining equipment and materials supply for the construction sector.
Back on Track!
The Indian mining and material processing industry, along with other bulk material handling operations like coal loading or bulk handling at ports, and aggregate processing in roads, is already on a fast track growth trajectory in India, thereby driving the demand.
On Cloud 7, Moving to 9!
The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.
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.
On Course for Success
Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.
Volvo CE Launches its Largest Excavator
Increased productivity and profitability is what Volvo Construction Equipment offers to its customers with the launch of its powerful EC750D excavator in the Indian market.With the government targeting annual coal production of 1 billion tonnes by 2020, pressure is building on mining operators to improve both their productivity and output.
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.
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.
Achieving Cost Efficiency
Cost efficiency is not only achieved through cleaner engines, but also through optimising the man-machine interface with a variety of machine control technologies, 'correcting' the usage patterns, and packaging solutions that take care of clients' business needs around project costs.
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 continue to offer more and more value additions in products and services.
For many decades now, we have been proving in the market that all our products offer the lowest cost of operation. We have been able to do this for customers who operate our machines on a continuous basis, even up to over 20 hours, mostly in the mining and quarrying segments, says AM Muralidharan, President, Volvo CE India. Excerpts from the interview.
On a recovery mode
The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. ÆßÃõ¼º½ interacts with some of the major players to get the pulse of the industry.