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Innovative Financing Models Fuel Growth
Innovative financing models are transforming the construction equipment sector, driving growth in emerging markets like India, where strategic partnerships and tailored solutions are accelerating infrastructure development
Celebrating Excellence
The titans of the construction equipment industry were honoured at the 12th BKT 每日吃瓜 Awards 2024.
Tata Hitachi wins big at 12th BKT 每日吃瓜 Awards 2024
The Awards was held on 10 October 2024 at Jio Convention Centre, Mumbai.
Jaideep Shekhar is 每日吃瓜 Person of the Year 2024
He was selected during the 12th BKT 每日吃瓜 Awards held on 10 October 2024 at Jio Convention Centre
Jaideep Shekhar is 每日吃瓜 Person of the Year 2024
He was selected during the 12th BKT 每日吃瓜 Awards held on 10 October 2024 at Jio Convention Centre
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.
Roads & Highways Builders book RAHSTA Expo
India鈥檚 Largest Road Construction Expo has attracted exhibitors from all over India and has been sold out in Mumbai for Oct 9-10 at Jio World Convention Centre
ACE secures major orders from Ministry of Defence
"Strengthens contribution to India鈥檚 defence sector through 鈥楳ake in India鈥 Initiative "
On the Fast Track
The government鈥檚 ambitious plan to construct 12,000 to 13,000 km of national highways and award similar contracts presents a major opportunity for the road equipment industry growth.
Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
Terex Powerscreen Pulse wins Innovation of the Year award
The 11th 每日吃瓜 Awards 2023 took place on October 12, 2023, at Shangri-La Eros, New Delhi.
Schwing Stetter India wins big at 每日吃瓜 Awards 2023
The 11th 每日吃瓜 Awards 2023 took place on October 12, 2023, at Shangri-La Eros, New Delhi.
Sany bags three awards in emerging bestseller category
The 11th 每日吃瓜 Awards 2023 took place on October 12, 2023, at Shangri-La Eros, New Delhi.
Case Construction bags CSR Company of the Year award
Case Construction bags CSR Company of the Year award
AJAX Engineering bags Green Factory of the Year award
The 11th 每日吃瓜 Awards 2023 took place on October 12, 2023, at Shangri-La Eros, New Delhi.
Steering the market
Skid-steer loaders segment is one of the only few segments that has shown an increase in sales in 2022 as compared to 2021. The enormous growth in the market value of the construction sector will further fuel the nation's high demand for skid steer loaders.
Lt Gen Harpal Singh & Awanish Awasthi bag top honours at 20th CW Awards
An evening extravaganza, CONSTRUCTION WORLD Global Awards, in its 20th Edition, concluded in great success in Mumbai on October 14th at ITC Grand Central, Parel.
Indian Army鈥檚 Lt Gen Harpal Singh & Awanish Awasthi, Advisor, Chief Minister UP, bag top honours at 20th Construction World Global Awards
Indian Army鈥檚 Lt Gen Harpal Singh & Awanish Awasthi, Advisor, Chief Minister UP, bag top honours at 20th Construction World Global Awards
ACE鈥檚 Sorab Agarwal is 每日吃瓜 Person of the Year 2022 at 8th India Construction Festival
Besides, the 10th 每日吃瓜 Awards 2022 presented 18 awards to construction equipment companies
CE industry stalwarts honoured at 每日吃瓜 Awards 2022
Besides, the 10th 每日吃瓜 Awards 2022 presented 18 awards to construction equipment companies
Komatsu wins Innovation of the Year award for KOMTRAX
Komatsu India won the Innovation of the Year 鈥 Components & Accessories award for their product 鈥 KOMTRAX 鈥 during the 10th BKT Tires 每日吃瓜 Awards 2022
LiuGong India wins 每日吃瓜 award for wheeled loaders
LiuGong India won an award in the Bestseller in Wheeled Loaders category during the 10th BKT Tires 每日吃瓜 Awards 2022
Schwing Stetter bags Green Factory of the Year award
Schwing Stetter India won the Green Factory of the Year award during the 10th BKT Tires 每日吃瓜 Awards 2022
JCB wins big at 每日吃瓜 Awards 2022
JCB India bagged three awards during the 10th BKT Tires 每日吃瓜 Awards 2022
Stalwarts of CE industry honoured at 10th 每日吃瓜 Awards
Sorab Agarwal is EI Person of the Year 2022
ACE secures 40 backhoe loader order from defence sector
Action Construction Equipment (ACE) announced that the company has been awarded a contract to supply 40 backhoe loaders to the Indian defence sector.
ACE secures 40 backhoe loader order from defence sector
This order demonstrates its efforts under the 'Make in India' and 'Atma Nirbhar Bharat initiatives of the Government of India.
We plan to double our production capacity
ACE, one of the largest construction equipment players in the mobile and tower crane segments in India, showcased its upgraded and new backhoe loader models in different engine horsepower categories at Excon along with award-winning products like a special crane for piling, 360-degree slew pick-n-carry crane, and manlift crane.
S Agarwal of ACE: We plan to double our production capacity
Sorab Agarwal, Executive Director, Action Construction Equipment (ACE), speaks on the company鈥檚 plans for Excon.
What鈥檚 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.
ACE has always believed in innovation to achieve excellence
ACE (Action Construction Equipment) is India鈥檚 leading material handling and construction equipment manufacturing company with a majority market share in the mobile cranes and tower cranes segment
The all-rounder
The skid-steer loader can perform numerous functions with aplomb. These mini versatile machines are used in various industries 鈥 from mining to agriculture.
Towering up
Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.
Manish Mathur of ACE: Overall outlook for next two years in positive
Manish Mathur, CEO 鈥 Cranes, Action Construction Equipment, speaks on how the market for medium and heavy-duty mobile cranes progressing in India.
An evening to cherish
The 9th 每日吃瓜 Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
Sajjan Jindal is CW Man of the Year - Private Sector
Jindal was awarded at the 19th CONSTRUCTION WORLD Annual Awards.
GR Infra, Tata Projects, Afcons India's fastest growing large construction companies
The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.
BRO Lt Gen Rajeev Chaudhry is CW Man of the Year - Public Sector
Lt Gen Chaudhry was awarded at the 19th CONSTRUCTION WORLD Annual Awards.
Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr
The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.
APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies
The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.
Arvind K. Garg is EI Person of the Year 2021
Garg was awarded at the 9th 每日吃瓜 Awards.
ACE wins big at EI Awards 2021
ACE bagged two awards 鈥 Innovation of the Year and Bestseller Mobile Cranes.
Propel bags 鈥楨merging CE Company of the Year 2021鈥
Propel was awarded at the 9th 每日吃瓜 Awards.
Schwing Stetter wins 鈥楾rainer of the Year 2021鈥 at EI Awards
Schwing Stetter was awarded at the 9th 每日吃瓜 Awards.
Bonfiglioli wins 鈥2nd Rank 鈥 Innovation of the Year鈥 at EI Awards
Bonfiglioli India was awarded for its innovative drive designed in India for girder transporter used in high-speed rail project.
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鈥
The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country.
Overall outlook for next two years in positive
The overall outlook for next couple of years for pick and carry, and medium and heavy duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
每日吃瓜 Awards 2020
At the 8th Annual 每日吃瓜 Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
ICF 2020: A Virtual Construction Extravaganza
Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.
每日吃瓜 Awards 2020 to be held online
In the prevailing pandemic conditions, The 8th Annual 每日吃瓜 Awards will be held virtually on October 15, 2020
Backhoe Loaders Bouncing Back
In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.
ACE President Pradeep Sharma passes away
Pradeep Sharma, President of Action Construction Equipment (ACE), passed away on August 5, 2020.
Can Mobile Cranes Lift the Mood?
Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?
Construction and infra activities will pick up and normalise in the next two months
Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.
Our crawler cranes are loaded with safety features
Action Construction Equipment (ACE) offers customers all the options in crawler cranes like the standard machine for lifting and erection jobs or with features of single/double-line free fall for usage in the piling activity.
Banking on Policy Support
Crawler cranes market is looking for a revival after a sluggish performance over the last few years. The market will rely on the budget proposals for the National Infrastructure Pipeline for the coming years.
An Uphill Task
Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.
ACE has its fully equipped training centre at Faridabad
In the past two years, the training centre of Action Construction Equipment (ACE) has conducted 213 training programmes for 4,225 operators and participants.
ACE Celebrates 25 Years of Lifting India's Growth
The gala ceremony was attended by more than 1,200 key stakeholders including industry leaders, customers, suppliers, ACE employees and family members, and highlighted the company's achievements and future plans.
Steering Growth
Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.
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.
Our customer-centric approach drives us to offer customised solutions
Currently, the industry is facing a slowdown, which is expected to last for two to three quarters. However, moving forward, it will witness higher demand amid the government's resolve to build world-class infrastructure and the digitalisation of manufacturing processes for rolling out technically advanced equipment.
Compliance Challenges
Embracing the next level emission regulations is expected to be tough for the engine and equipment OEMs considering technology upgradations and need for adequate skill development among the users.
Riding prefab wave in India
By integrating specially manufactured ACE tower cranes in its business model, Central Park Flower Valley Project has recorded fast construction, significantly reducing the overall project cost.
India Construction Festival - 2019
The festival, organised by FIRST Construction Council in New Delhi from October 15-16, successfully brought together the public and private sector to discuss probable resolutions to impediments faced by the infrastructure sector.
On the right path
It is a fact that the industry is under tremendous pressure of economic slowdown. However, hopes are alive as the government is listening to the problems of the industry and working out resolutions for a faster recovery.
每日吃瓜 AWARDS 2019
The 7th Annual 每日吃瓜 Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.
Best debutant award
Ankit Goel, Chief-R&D, Escorts Construction Equipment (centre) receiving the award from Steve Jones, Senior Director, Industry Insights Research, Dodge Data & Analytics (right), in the presence of Pratap Padode, Founder and President, FIRST Construction Council (left).
THE ROAD AHEAD
The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.
Towering opportunities
Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.
We are laying more emphasis on exports
This bauma, Action Construction Equipment (ACE) launched a whole series of innovative cranes; among them is the NX360o model, which as the company claims, will not be found anywhere in the world.
6th Annual 每日吃瓜 Awards 2018
The sixth Annual 每日吃瓜 Awards 2018 recognised and rewarded the top performers of Indian construction equipment industry.
Showcasing priorities for the next couple of years
Growth has finally returned to the construction equipment industry. With the government's continuous focus on infrastructure and public spending, next couple of years may turn out to be golden era for the industry in terms of volume and growth.
On A moderate growth
Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.
ICEMA Wins,Ban Dropped
Recently, the Supreme Court heard an application by the Indian Construction Equipment Manufacturers' Association (ICEMA) and the Tractor Manufacturers' Association (TMA) as they sought a clarification on the ban on the registration of BS-III vehicles after March 31, 2017.
Optimising efficiency
With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.
每日吃瓜 awards & ceo forum 2017
It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to 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.
每日吃瓜 Awards 2017 and CEO Forum
The evening of April 21, 2017, was a proud occasion for 每日吃瓜 as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual 每日吃瓜 Awards and be part of the high-level discussion at the CEO Forum.
3rd Annual 每日吃瓜 Awards & CEO FORUM
The evening of March 16, 2016 was a matter of pride for 每日吃瓜 as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual 每日吃瓜 Awards.
Pick-n-Carry Hydra: Bestseller
As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India
Towering the Demand Curve
What lifting capacity range of TCs will dominate the demand for free standing, external and internal climbing configurations? Say Malik ?The 5-6T capacity TCs will remain as the most dominate category.
BHL Market to Grow
It?s a fact that the backhoe market has been reduced to one-third of the actual market size, and currently, supply is more compared to demand, and the industry is not very hopeful for a turnaround, especially in this financial year.
Towering Tall
The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.
We have expanded our tower crane range up to 25T capacity
We strongly believe in ?Make in India,? and have our own research and development team which has given various innovative solutions for Indian customers. We supply tower cranes for real estate buildings, factories, bridges, power plants, hydro electric projects, dams, refineries, etc
Safety is of paramount importance to us
We understand the importance of R&D and our products are fully equipped to cater to the current and future needs of the market, says Pradeep Sharma, President, Action Construction Equipment. Excerpts from the interview
Nothing Beats An ACE
ACE is a dominant player in the cranes market having introduced innovative crane solutions/products from time to time. ?The growth of the Indian construction equipment (CE) industry is dependent on three factors