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India’s Road Expansion Fuels Surge in CE Demand
Fueled by rising government spending, rapid urbanisation, technological innovations, and the ‘Make in India’ initiative, the future of the construction equipment industry is promising, brimming with potential and opportunities.
Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.
ACE’s Sorab Agarwal is ÿÈÕ³Ô¹Ï Person of the Year 2022 at 8th India Construction Festival
Besides, the 10th ÿÈÕ³Ô¹Ï Awards 2022 presented 18 awards to construction equipment companies
CE industry stalwarts honoured at ÿÈÕ³Ô¹Ï Awards 2022
Besides, the 10th ÿÈÕ³Ô¹Ï Awards 2022 presented 18 awards to construction equipment companies
Enhancing efficiency
India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.
Sanjay Koul of CMD, Timken: Govt programmes will have direct impact on demand for bearings
Sanjay Koul, Chairman and Managing Director, Timken India, speaks on the latest trends in bearings for construction equipment (CE) applications, and emerging technology trends.
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
Govt programmes will have direct impact on demand for bearings in the CE market
Sanjay Koul, Chairman and Managing Director, Timken India Limited
ÿÈÕ³Ô¹Ï Awards 2020
At the 8th Annual ÿÈÕ³Ô¹Ï 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.
ÿÈÕ³Ô¹Ï Awards 2020 to be held online
In the prevailing pandemic conditions, The 8th Annual ÿÈÕ³Ô¹Ï Awards will be held virtually on October 15, 2020
Demand in 2021 will be better than this year
Timken has been manufacturing in India for the last 30 years. Sanjay Koul, Managing Director, Timken India, explains the current market scenario and the company’s products and solutions for the CE market.
Unlocking opportunities
Though the ongoing COVID-19 pandemic has put a brake on the growth of the bearings industry, the market is expected to bounce back and continue to grow from next year onwards.
We are constantly working on innovative solutions
Timken is constantly working with its customers for their new projects and innovations. Sanjay Koul, Managing Director, Timken India, shares more on the company's solutions and the way forward.
Rolling innovations
Bearings for construction and mining applications have seen innovative developments in the recent times. With the construction and mining equipment market is growing, the momentum of innovation in bearings is to pick up in the coming days.
Facilitating efficiency
Bearings fulfill a number of important functions, starting with their ability to reduce friction. Other primary functions include supporting a load, promoting the efficient transmission of power and ensuring alignment is maintained.
We have significant breakthroughs in bearing technology
The Timken products and services have proved to be one of its kinds by helping customers with efficiency and solutions, and we definitely see a great potential for our products for the CE sector in the coming years,
Bearings for Smooth and Durable Functioning
Not as interesting or inspiring as a tiny transistor in an electronic circuit, a bearing is as important as a transistor when it comes to the smooth functioning of a machine.
Leading the way
Sanjay Koul is the Managing Director of all operations in India for The Timken Company since 2012. He has responsibility for business and manufacturing operations, financial performance and acceleration of growth in the markets in India.