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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.
HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
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.
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.
Fuelling the future
Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.
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.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
We are keen to showcase our readiness in building the India of tomorrow
BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.
Up-grading roads!
The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.
$5.13 Bn Opportunity!
Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.
Tech Drives Backhoes
Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.
Improving efficiency
Batch mix plant is the most widespread type of asphalt plant in the world, which guarantees the highest level of flexibility in production and quality of the finished product.
Towards Greener Future
Asphalt is regaining traction in the Indian road construction due to its better recyclability and the freedom to use waste materials like plastics along with asphalt mix. The future looks greener for asphalt mixing plants.
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.