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There’s high demand for rental equipment across CEQ categories

Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment.

Shveta Arya is new MD of Cummins India

She succeeds Ashwath Ram, who will continue serving the company until August 31, 2024

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.

Vipin Sondhi: Indian infra booms with road construction opportunities

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - India’s biggest road exhibition - will be held as a part 10th India Construction Festival 2024 at Jio Convention Centre, Mumbai, from October 9-10, 2024.

OEMs are evaluating multiple options of adopting alternate fuel.”

BKR Prasad – General Manager, Marketing, Tata Hitachi Construction Equipment

Schwing Stetter India announces entry in CE sub segments at Excon

The new path breaking construction product line-up covers mining, shipping, and road & highway infrastructure industries

The Indian excavator market stands at around 25,000 machines

During the recently-held JCB Excavator Day in Pune, Deepak Shetty, CEO and Managing Director, JCB India, speaks on the current market share of excavators in the Indian construction equipment industry and JCB’s position within it.

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 Rise of Equipment Rental

The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.

An Upward Trend for CE Industry

Off-Highway Research forecasts the market to grow by 9 per cent to 89,350 units in 2023 but predicts it to fall 7 per cent to 83,350 units in 2024 (the general election is scheduled that year).

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

Towards a “Greener Future” together

Developing businesses are treating “sustainability” as the crucial goal of their method and operations to escalate growth and to compete in the global market.

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

BKR Prasad: We expect the industry to post double-digit growth

BKR Prasad of Tata Hitachi speaks on the key products on display during bauma.

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.

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.

“We will be launching 63-inch tyres for the Indian market.”

Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).

On track: double-digit growth

Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

Honda India Power Products forays into e-commerce

Honda India Power Products (HIPP), India's leading and best-in-class power product manufacturer, and market leader in the power products category for the past 36 years, announced the launch of an exclusive e-commerce portal on its official website: www.hondaindiapower.com.

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.

CNH Industrial pledges educational support to underprivileged students in India

CNH Industrial has further expanded its CSR initiatives to support the education of socio-economically disadvantaged students with three projects 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.

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.

Crushing Need: Energy-Efficiency

Environmental and energy-cost issues make it vital for the crusher and screening equipment industry to focus on energy-efficient machines.

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.

Our products will be a game-changer for mining industry

Rajiv Poddar Joint Managing Director, Balkrishna Industries

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.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

Eyeing new heights

The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the â€Growth Puller’ for the period ahead.

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.

Sriram of IndusInd Bank: CE finance industry is a competitive marketplace

AG Sriram, Head – Consumer Finance Division, IndusInd Bank, speaks on the current portfolio in relation to construction equipment financing

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.

The world is transitioning towards sustainable business practices.

Our emphasis has always been to keep the customer foremost in our mind. We have therefore, laid special emphasis on customer-friendly products and solutions that are easy to adapt to and help in enhancing usability and serviceability.

Electric mobility is the segment we focus on most

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

Use of automation in road construction may increase

Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.

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.

There is an increase in demand for underground equipment

Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.

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.

Towering Ahead!

The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.

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.

We are trying to scan India For our global model

Kessler, as the name suggests, has a long history just as any other German /European company, and is being run by the third-generation family and closely linked with the southern German region.

Criticality of component supplies!

During one of my discussions with a friend who is CEO of one of the engineering and equipment firms in India, I vividly recall the distress expressed over the shortage of good quality component supplies, and its cascading effect on the entire supply chain and customer deliverables.

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.

Concrete proof

Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.

Hatgine of Ifm: Covid-19 has expedited transition to automated systems

Amit Hatgine, Manager-System Business, Ifm electronic, on automation and control solutions offered by the company for construction equipment.

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.

Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Construction sector: A huge contributor to country's development initiatives

Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.

Demand for higher tonnage cranes is likely to grow

With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic.

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.

Construction sector: A huge contributor to country's fast-paced development initiatives

Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.

Escorts facilitates 37k+ Covid-19 vaccinations in Faridabad

Under its corporate social responsibility programme, Escorts, India’s leading engineering conglomerate, conducted over last 42 days free Covid-19 vaccination camps, inoculating over 37,000 residents in and around Faridabad district in Haryana.

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.

Sakthi Kumar of Schwing Stetter: I expect this to be our best year

Schwing Stetter is the name synonymous in the concrete equipment segment. Over the years, the company has introduced several path-breaking products in the Indian concrete pumping industry such as SP8800 concrete pumps, CP 30 batching plants and the 10 cu m truck mixers, which became synonymous within the RMC industry.

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.

Fully loaded with opportunities

For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.

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.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Escorts facilitates 37k+ Covid-19 vaccinations in Faridabad

The initiative named “COWINNER” commenced on July 2 at QRG Health City, Faridabad and concluded on August 12, 2021.

Cummins India profit at Rs 171 cr Q1 2021-22

• Total sales for the quarter at Rs 1,167 crore increased by 141% compared to the same quarter last year and declined by 5% compared to the preceding quarter.

Goodyear India income up 131% in Q1FY2022

The total income of the company is Rs 540 crore, up 131% versus the previous year. Goodyear’s profit after tax is Rs 27 crore compared to a loss of Rs 4 crore last year.

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.

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter ended 30 June 2021, registering a y-o-y growth of 38 per cent, attributed to healthy execution of projects despite the second wave of Covid-19 affecting operations at many locations.

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.

Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.

Tech Drives Backhoes

Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.

At CASE, our backhoe loaders are replete with advanced features

Backhoe loaders are one of the most popular and in demand construction equipment currently, accounting to nearly 65 per cent of the construction equipment segment in India.

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.

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