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Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment 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.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

Infrastructure takes pole position

The Central Government's latest announcement on investment in infrastructure has revalidated the mood that was set by Union Minister Nitin Gadkari at EXCON this December.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

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.

A great forum to showcase technology advancements

Growing public and private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India

Technology can grow in leaps and bounds

In the earthmoving equipment segment, we have a range of equipment - from wheel loaders to excavators, tunnelling excavators, bulldozers, and material handlers. Our wheel loaders are offered from 5 tonne payload and above capacity.

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.

CE industry is to grow in the long term at a CAGR of 17.5%

The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.

We are going to add a few new products soon.

We have a turnover of about Rs 350 crore, out of which 10 per cent is from the equipment sector, says Nishant Jairath, Director Marketing, Metalman Auto. Excerpts of the interview.Could you elaborate on Metalman Auto?s product range?Metalman Auto manufactures various types of sheet metal and tubular fabricated assemblies with surface treatments. Our product range comprises cabins for construction equipment, loader arms and tower assembly. We supply our products to various original equipmen

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