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Revolutionising Construction
Telematics technology has revolutionised the management of construction equipment.
Financial management a challenge in rental industry
Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.
Unveiling the Shadows
India is becoming a valuable source for the global market, showcasing cost-effectiveness, quality, and timely delivery.
Fighting Fire with Innovation
As the coal mining industry continues its quest for enhanced safety measures and environmental consciousness, integrating fire resistant hydraulic fluids emerges as a pioneering solution with the potential to mitigate fire hazards and elevate operational security to unprecedented heights. The author explains the need for fire resistant hydraulic fluids and their importance within the coal mining industry.
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.
Focussing towards more sustainable offerings for the construction industry
Jayanta Ray, General Manager – Industrial and OEM, GS Caltex India, speaks on the primary factors that construction equipment customers prioritise when selecting lubricants.
2030 Goal: 250,000 Excavators!
India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining
Enhancing Efficiency and Safety
Telehandlers have emerged as indispensable equipment in India’s burgeoning infrastructure and industrial sectors, offering versatility, efficiency, and safety in material handling operations.
Power Under Pressure
Hydraulic hoses are the lifelines of construction equipment, powering machines to move earth, lift loads, and shape our urban landscapes.
The Crushing Evolution!
What are the key criteria sought by operators of crushers and screens? And how do modern models differ in their features and capabilities?
MoRTH revises BOT and TOT agreements to boost private sector investment
The Ministry of Road Transport and Highways (MoRTH) has introduced a number of revisions to the model concession agreements (MCA) for build-operate-transfer (BOT) and tolling, operation, maintenance, and transfer (TOT) projects.
Booming Demand
Industrial cranes are witnessing a soaring demand as they play a crucial role in various sectors, from construction to logistics, contributing to India's infrastructural growth.
Advancing Indian Construction with AI
With AI, construction equipment can do more than ever before. They can also do some tasks on their own, which saves time and makes things safer on construction sites.
Navigating the future
Ongoing advancements in technology, including the integration of IoT, AI, and automation, are revolutionising the construction and mining equipment market.
Vision 2030 Drives Growth
The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.
Beyond the Dust
The market for construction equipment filters is influenced by global economic conditions, as construction activity often correlates with economic growth.
How critical equipment helped rescue trapped workers in Uttarkashi tunnel collapse
Manual tools, such as hammers and chisels, became the instruments of choice.
Revolutionising Industrial Sustainability
Modern industries are integrating the practice of drawing periodic oil samples to meticulously track the condition of lubricants and machine health
How critical equipment helped rescue trapped workers in Uttarkashi tunnel collapse
Manual tools, such as hammers and chisels, became the instruments of choice
Avoid Tunnel Vision Syndrome
The Uttarkashi Tunnel Collapse signals the risk to our Rs 100 trillion infrastructure investment says PRATAP PADODE
No Bumps in the Road
India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.
Poised for growth
As coal mining activity escalates, the need for tipper trucks will rise.
Revolutionising construction
The booming construction sector is fueling a growing demand for air compressors.
Fuelling Innovation
Lubricants are essential to keeping engines and industrial machinery in optimal condition.
Escorts Kubota contemplates sale of railway equipment division
During 1Q, Escorts Kubota navigated a decline in tractor sales
Develon launches DX1000LC-7, its largest excavator
The DX1000LC-7 runs on a 629-horsepower Perkins engine.
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.
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.
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.
Towards a “Greener Future†together
Businesses are treating “sustainability†as the crucial goal of their method and operations, writes Rajesh Nath of VDMA.
Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr
Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.
Doosan Launches Next-Generation Wheel Excavator Lineup
Doosan Infracore North America is rolling out its next-generation -7 series wheel excavators as it continues to refresh its -5 series models.
Escorts Kubota Q2 standalone net profit at Rs 87.7 cr
Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.
Escorts Kubota Q1 profit at Rs 147.5 cr
Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.
Doosan’s first “smart excavator” – DX225LC-7X
Doosan Infracore North America has added an electronically-controlled excavator model with machine-assisted technologies to its next generation of crawler excavators in the United States.
Escorts Kubota Q1 profit at Rs 147.5 cr
Construction equipment volumes up by 59.4% at 966 units
Escorts is now Escorts Kubota
Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanisation and spreading farming prosperity.
$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.
Escorts Limited is now Escorts Kubota
Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity.
Escorts launches India’s first Hybrid Pick-n-Carry Crane
Escorts Construction Equipment (ECE) launched NXT13DC CNG, India’s first Hybrid Pick-n-Carry Crane, with dual Fuel (Diesel & CNG) and RC2522, India’s first Mono Chassis Safe Crane with 25T lift capacity.
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.
Escorts Q3 standalone profit up 14 per cent
Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.
CCI approves Kubota Corporation's acquisition of equity in Escorts
The Competition Commission of India (CCI), the fair-trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts Limited.
Towering up
Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.
CCI approves Kubota Corporation's acquisition of equity in Escorts
The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts.
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
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.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
Kubota increases its stake in Escorts
Escorts and Kubota, a global leader in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery.
Toshiba Johnson Elevators secures orders from RMZ
Toshiba Johnson Elevators (India) (TJEI), India’s fastest growing elevator and escalator company, announced winning massive orders to supply 168 elevators at three flagship projects of the celebrated RMZ Corp, one of Asia's largest privately-owned real estate owners, investors, and developer
Kubota increases its stake in Escorts
This partnership with Kubota will enable Escorts to have access to global best practices and state of the art research & development facilities.
Toshiba Johnson Elevators secures orders from RMZ
Elevators will be installed across RMZ’s flagship projects in Bengaluru and Hyderabad.
Escorts announces strategic organisational changes
Escorts, an Indian firm manufacturing agricultural tractors and construction equipment, has announced a leadership transition, comprising the elevation of Bharat Madan as President Finance, Group Chief Financial Officer and Corporate Head.
Japan's Kubota may raise stake in Escorts
Japanese agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of India's Escorts to increase its stake and eventually become a controlling shareholder in the tractor maker and engineering construction company, said people aware of the matter.
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.
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.
Mobile cranes with latest tech would be in good demand
The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.
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.
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.
There are huge untapped opportunities in the crushers & screens market
V Senthilkumar, Managing Director, Propel Industries
Escorts announces Covid relief measures for its employees
Escorts Ltd., India’s leading Engineering conglomerate, has adopted a series of measures to support employees amidst second wave of Covid-19 pandemic. These include both healthcare and financial aid for employees and their families in these difficult times.
Restart of govt flagship programmes will lift up excavators market in 2021
According to the Off-highway Research, the sale forecast for crawler excavators from 2019-2024 is 24 per cent whereas the mini excavator market is expected to grow by 39 per cent during the given duration.
Escorts Ltd. announces Covid-relief measures for its customers
In order to support the farming community amidst the second wave of Covid-19, Escorts Limited, India’s leading engineering conglomerate, announced Covid-19 relief measures for its customers across India which include Covid support to cover expenses in case of hospitalisation and home treatment expenses.
Volvo & BBMP set up a 100-bed Covid care centre in Bengaluru
The facility will commence operations in two phases. The phase I (comprising 40 beds) fully sponsored by Volvo Group and supported by another Swedish major IKEA India, was inaugurated recently, by the Honourable Chief Minister BS Yediyurappa
Escorts' standalone profit up by 80.0% to Rs 874.1 cr
Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.
Coal India approves record 32 mining projects at Rs 47K cr
Scripting a record high, Coal India Limited (CIL) has approved 32 coal mining projects in the current fiscal till January 2021, which indicate an estimated incremental capital of around Rs 47,300 crore.
OPC UA over TSN – Unified standard for the IIoT
In order to keep pace with technological advancements off-highway and mobile industry constantly invest heavily in research and development projects.
Doosan Bobcat gearing up for expected 19% NA sales boost this year
Further proof that compact equipment sales have escaped the significant downturn felt by heavy equipment sales in the past year is shown in Doosan Bobcat’s Q4 and 2020 results.
ABB’s HVAC to ensure safe ventilation of Chennai Metro
ABB’s HVAC to ensure safe ventilation of Chennai Metro
OTR tyres on the move
With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.
Coal mining is expected to drive demand
PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.
Mining opportunities and challenges
Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.
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.
ÿճԹ Awards 2020 to be held online
In the prevailing pandemic conditions, The 8th Annual ÿճԹ Awards will be held virtually on October 15, 2020
Pre-owned Equipment Market to Excel
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.
Used Equipment Market to Flourish
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.
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?
Working on construction site made easy
There is a concrete way of making work on site easier for contractors, by installing MB Crusher units on their equipment.
Belt Conveyor Danger Zones
Recognising the hazards is a key step toward preventing conveyor-related injuries.
Can India be an alternate manufacturing base?
Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.
Kubota to invest in Escorts, to deepen partnership
Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake in Escorts, a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.
KONE inaugurates new warehouse in Mumbai
KONE Elevator India opened its new warehouse at Andheri in Mumbai. Housing more than 2,000 different parts, the warehouse will serve more than 2,500 current customers.
Steering Growth
Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.
KONE inaugurates new warehouse in Mumbai
KONE Elevator India opened its new warehouse at Andheri in Mumbai. Housing more than 2,000 different parts, the warehouse will serve more than 2,500 current customers.
On revival Path
In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.
High-performance high-speed doors
High-performance doors are automatic doors used for fast access between internal and external areas of buildings.
ÿճԹ AWARDS 2019
The 7th Annual ÿճԹ 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).
Escorts Q2 profit up
Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.
Escorts showcases India's first Hybrid Concept Tractor
At Esclusive 2019, Escorts' annual innovation platform, the company announced India's first Hybrid Concept Tractor, powered by fuel and battery both.
New technologies to reduce emission
Proper use of construction machinery plays an important role in reducing greenhouse gas in construction industry.
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.
Escorts showcases India?s first Hybrid Concept Tractor
At Esclusive 2019, Escorts? annual innovation platform, the company announced India?s first Hybrid Concept Tractor, powered by fuel and battery both.
Effective Dust Prevention in Bulk Handling
ScrapeTec's virtually maintenance-free dust control system extends the service life of conveyor belts and reduce cleaning requirements of the entire conveyor system.
Transforming Skill Landscape
Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.
REJIG for the big
Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.
Escorts to create new standards in customer service
Escorts announced the launch of a new innovative and disruptive feature called ?24X7 Care Button? on its entire range of Powertrac and Farmtrac tractors.
Riding on infra push
Pick-up in infrastructure spending and construction activities is expected to drive the demand for tipper trucks in the coming years.