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Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
All our equipment sales crossed all previous benchmarks
Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.
Our products are designed and developed in Italy
Sanjay Kumar Agarwal, Managing Director, Filtrec Bharat
Schwing Stetter India will be launching 14 new products
VG Sakthikumar, Managing Director, Schwing Stetter India, speaks on the market for their products in India.
MoRTH lays foundation stone of NH projects worth Rs 3,972 cr
The Minister of Road Transport and Highways (MoRTH), Nitin Gadkari, laid the foundation stone for National Highway (NH) Projects worth Rs 3,972 crore in Belgavi.
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran
While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.
"The industry is on an upswing"
Considering these positive trends, we expect at least a double-digit growth of the construction equipment industry in the next 5-10 years.
CONCRETE BATCHING PLANTS
Concrete is a major constituent of infrastructure projects: mainly in real estate, roads and highways, railways, sea ports, airports, power plants, irrigation and urban modernisation sectors.
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 Show of Technology Prowess
Excon 2017 is all set to open its floors for the five-day mega technology feast on December 12, 2017. This year marks the ninth edition of the Excon, which has a 17-year strong legacy being organised since 2000.
We desire to provide Affordable Uncompromised Mechanisation
The government has estimated a total infrastructure spending of about 10 per cent of GDP during 2012-17, up from 7.6 per cent during the 2007-12 period.
Compact Road Equipment Market to Grow
Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.
Waking up to New Demand
The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.