Hyundai holds a No. 2 position in excavator attachments in India.
What is the current market size of hydraulic excavators in India? How has it evolved over the past few years?
 The hydraulic excavator market in India, particularly in the crawler excavator segment, has demonstrated impressive resilience and growth. Despite a significant decline in 2020 due to the Covid-19 pandemic, the market has rebounded and is now experiencing robust growth.

According to the April 2024 OHR Report, the demand for crawler excavators will reach approximately 41,600 units by 2028. This projection reflects an impressive average annual growth rate of around 10 per cent, highlighting the sector's dynamism and potential.

Key growth driving segments:

  • The 20-tonne segment dominates the market, representing 68 to 71 per cent of the total industry volume. Its dominance underscores the high demand for medium-sized excavators, which are versatile and widely used in various construction and infrastructure projects.
  • The 12-14-tonne segment: As the second largest contributor, this segment accounts for 12 to 14 per cent of the market. These machines are crucial for lighter tasks while offering substantial power and efficiency, making them a valuable choice for many projects.
  • Mini excavators: This segment has consistently grown, except for 2020. The market shares of mini excavators grew from 6 per cent in 2019 to over 10 per cent in 2023. Its increasing popularity is due to their versatility and suitability for urban construction projects and tasks that require precision in confined spaces.

    • Can you outline the latest advancements or features incorporated into your recent hydraulic excavator models? How do these features enhance operational efficiency, performance, and safety?
     Hyundai has expanded its Smart Plus series, now offering 8-tonne, 14-tonne, and 15-tonne classes. These models are equipped with an advanced monitoring system featuring a multi-language cluster, elevating operator convenience, enabling timely servicing, and facilitating early error detection. Notably, safety features include auto engine overheat prevention, an anti-restart system, a battery cut-off switch, and automatic warming up, significantly enhancing equipment and operator safety.

    In the mini segment, the new generation HX35AZ from Hyundai's HX series is packed with features such as all-cylinder guards and an anti-theft system, aimed at markedly improving safety. Additionally, it boasts a tilt cabin for streamlined serviceability, as well as dozer float and auto travel shift features for heightened efficiency.

    As for the mining segment, the HX520L model offers an array of cutting-edge features, including Intelligent Power Control (IPC) for optimal productivity coupled with maximum fuel efficiency, EPIC for hydraulic loss reduction and enhanced efficiency, an eight-inch touchscreen display, a spacious cabin prioritising operator comfort, and cabin top and front guards for reinforced safety.

    Given the critical role of attachments in hydraulic excavators鈥� versatility, could you describe the range of attachments compatible with your excavator models? What innovations have been introduced in these attachments to address specific customer needs?
     The Indian construction equipment industry is experiencing rapid growth, driven by major infrastructure projects. Hyundai holds a No. 2 position in excavator attachments in India, with over 25,000 units in operation across the country, ranging from 3 tonne to 48 tonne. We offer a diverse range of attachments, including buckets, rock breakers, super-long fronts, and drills, tailored to meet a variety of application needs.

    To address challenges such as labour shortages and stringent project deadlines, Hyundai has introduced three innovative attachments: quick coupler, clamshell bucket, and orange grapple.

  • Rock breaker: Widely used for infrastructure projects, our rock breakers are compatible with excavators from 8 tonne to 50 tonne. They feature a larger chisel diameter and an excellent power-to-weight ratio, ensuring superior productivity.
  • Quick coupler (HQC220): This attachment allows operators to change tools from the cabin within a minute. It features a twin lock design and advanced power latch technology, made from high-tensile cast steel for exceptional strength and durability.
  • Clamshell bucket (HCB220): Ideal for material handling applications such as coal and iron ore, this bucket is made from Hardox steel plates and heavy-duty cylinders. It offers 360-degree rotation with speed control, fully operated from the cabin. Currently available for 20 tonne class excavators.
  • Orange grapple (HGB220): Increasingly popular for scrap handling, especially with the new vehicle scrappage policy, this attachment is also used in the steel industry and waste handling. It features a heavy-duty design with Hardox plates and cylinders, and 360-degree rotation for better productivity. Available for 20 tonne class excavators.

    • What factors should customers prioritise when selecting the most suitable hydraulic excavator for their projects? How does your company assist customers in making informed decisions?
    Each year, Hyundai CE India continues to expand its range of products and services. Following the launch of its global series of excavators in January 2021, Hyundai has further diversified its offerings with the introduction of the robust HX380L and three new special attachments: quick coupler (HQC220), clamshell bucket (HCB220), and orange grapple (HGB220).

    The latest generation HX520L, a 50-tonne model from HD Hyundai, represents the latest advancement on the Global HX-series platform. This mining solution is designed to enhance user experience by integrating maximum productivity, efficiency, machine safety, operator comfort, and durability into an all-in-one machine. Hyundai excavators are celebrated for their strength, operator comfort, and fuel efficiency, providing adaptable solutions for even the most challenging projects.

    Reasons to choose Hyundai HX Series mining excavators:

  • Performance, convenience and durability: Hyundai offers heavy-duty work attachments for rigorous operations, excellent digging forces, and a reinforced undercarriage. Features include a spacious AC cabin, reinforced structures, and safety features like a tank safety cover, anti-slip pads, and front protection guard.
  • High fuel efficiency: Hyundai鈥檚 IPC (Intelligent Power Control) and EPIC (Electric Pump Independent Control) technologies reduce fuel consumption by 10 to 12 per cent without compromising productivity.
  • Easy and customised financing solutions: Hyundai provides innovative financing solutions through partnerships with reputed financiers and banks across India.
  • Excellent after service network: Supported by 37+ dealers with over 200+ touchpoints, Hyundai鈥檚 extensive service network ensures your excavators remain operational and efficient.
  • High resale value: Hyundai excavators are known for their reliability and durability, offering fuel-efficient technology and advanced hydraulic systems. Programmes like annual service contracts and buyback schemes further support customers.

    • When choosing a hydraulic excavator, customers should consider:

  • The required machine class (e.g., 8-tonne, 14- tonne, or 20- tonne)
  • Optimal operating weight, engine power, and bucket size
  • Running costs, including maintenance and fuel efficiency
  • Reliability of key components like the engine and hydraulic pump
  • Availability and cost of service and spare parts
  • Safety features
  • Operator comfort and convenience
  • Machine population and resale value
  • How Hyundai assists customer

    • HD Hyundai supports customers with six regional offices, three branch offices, and a team of over 65 trained sales and service personnel. With 36 authorised dealers and more than 250 touchpoints, Hyundai ensures comprehensive support. Our team regularly trains to stay updated on Hyundai products and benefits, helping customers make informed decisions.

    Identifying the right model based on customer needs:

  • Offering machines with the best operating weight, engine power, and bucket size combination
  • Expanding touchpoints for better service and parts support
  • Reducing maintenance costs with extended maintenance intervals and fuel-saving features Providing safety features and operator comfort through ergonomic designs and intelligent displays
  • Offering machine rebuild workshops and refurbished models for extended equipment life

    • A subsidiary of Hyundai CE South Korea, Hyundai India began operations in 2007 and quickly achieved the No. 2 position in the domestic market. Hyundai India鈥檚 products are exported to over 15 countries, serving diverse markets in SAARC, the Middle East, Africa, and Asia.

    Related Stories

    Tata Hitachi wins big at 12th BKT 每日吃瓜 Awards 2024
    Volvo CE introduces 鈥楤uilt for Bharat鈥� EC210 Hydraulic Excavator
    Champions of Innovation!
    WCL Commissions New Heavy Earth Moving Machines
    Caterpillar displays latest range of hydraulic excavators at its customer meeting
    Tata Hitachi displays powerful hydraulic excavators at STONA 2023
    SDLG India showcases E6135Fi hydraulic excavator, L933H wheel loader
    Komatsu India committed to a future of sustainable growth
    Tata Hitachi launches NX30, the next-gen mini excavator
    Caterpillar launches more powerful excavator