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Transforming Logistics
The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.
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.
The market for hoists has increased by 25 to 30% this year
PV Ramdev, Managing Director, Everest Engineering Equipment, speaks on the segments that are driving the demand for MHEs in India.
Soaring high!
Demand for construction hoists in India is expected to continue growing, as the country invests in infrastructure projects and the construction of commercial and residential buildings continues to expand.
Lifting up!
The hoist market is expected to grow at a CAGR of up to 7.3 per cent till 2025.
We plan to come with a manufacturing plant near Mumbai.
Everest Engineering Equipment Pvt Ltd. (EEE) was founded with the sole aim of providing high-quality machinery that can boost the country’s growth in the construction sector. “During Excon, we have launched two new products – the passenger hoist and the CNC highspeed Rebar processing machine,” said PV Ramdev, Managing Director of Everest Engineering Equipment.
Everest enters high-speed CNC rebar processing machines
Indian market has huge demand for high-speed rebar processing centres. Everest Engineering Equipment has entered into a dealership agreement with TYF Machinery China, a pioneer in high quality
Everest bags biggest tower crane order
Everest Engineernig Equipment has bagged a bulk order for 62 units of 12t flat top tower cranes from BG Shirke. 'This is the biggest order in the history of tower cranes.
Anti-collision Systems for Tower Cranes
In India, multiple number of tower cranes working within one construction site is common now. Collision of tower cranes with nearby structures, trees or other tower cranes happens often, which in turn damages the crane structure and other structures. This results in heavy losses and sometimes stalls the entire project, even fatal accidents are happened.
Safety in Construction Hoists
PV Ramdev elaborates on the safety features associated with construction hoists.Construction hoist, popularly known as Passenger and Material (PM) Hoist, is used for transporting men and materials during high-rise construction vertically to heights up to 821 m - Burz Al Khalifa at Dubai is currently the tallest tower in the world and there are reports that Bechtel has been awarded an ambitious contract by Saudi Arabia to design a still taller tower.
Controlling at Heights
Control technology is the brain of construction machines. PV Ramdev elaborates on the importance of using reliable control technology in tower cranes and passenger hoists.
Exceeding Expectations
According to a report released by ICEMA, the current market size of the construction equipment including backhoe loader, concrete mixers excavator is around $2.8 billion. Further, the Indian construction equipment industry
Procurement Trend
The Indian construction equipment market is expected to grow at 12 per cent CAGR to $ 4 billion by 2017 P V Ramdev,. Along with this, the material handling and access equipment markets are also expecting some exponential growth.
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.
Safety in Construction Hoist
Safety is paramount in construction equipment and their users. Following the international trend of according utmost importance to safety consciousness lead by DuPont and others many reputed Indian companies like L&T, HCC, etc.
Make in India
Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.
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.
Our products are technologically way ahead
The market is picking up. The market demand for 5T-6T tower crane is about 350 units; while the demand for 8T-10T is about 30-40 units and 12T and above is 25-30 units a year. The overall size is 400-450 units with approximate value of Rs 3,000-3,300 million.
The Show is ON
The market sentiments are right; the government is taking right decisions for growth and development; and the construction equipment sector is sure to face a turnaround.
New-generation Anti-collision Devices
Everest Engineering will showcase its new-generation anti-collision devices for tower cranes at bC India 2014. Everest Engineering will unveil its new generation anti-collision devices for tower cranes combined with safe load indicators. This will be one of the attractions in the show.
Exact raw materials and mechanisms are still not available
The Procurement trend is still price-based. The contractors do not have the proper expertise for proper validation of tower cranes with respect to the quality
Experienced hand
A Graduate in Electrical Engineering, PV Ramdev, Managing Director, Everest Engineering Equipment, has 24 years of experience in construction equipment industry. During his career
The Rupee Impact
The depreciation of the Indian rupee has had its adverse impact on the manufacturing sector, especially OEMs who import various components. To the extent possible, OEMs are trying to localise production, but that is just a part of it. What the industry is looking is for concrete measures that can bring life back into the economy and trigger growth in a sustainable way.
We offer the best quality tower cranes and passenger hoists.
Our main focus has always remained on service support to every customer; we offer project -specific and very economical solutions till the completion of the project, says PV Ramdev, Managing Director, Everest Engineering Equipment. Excerpts from the interview.