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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.
Truck Rentals Rise in July
Used commercial vehicles showed a healthy YoY growth across all weight categories
Tackling Supply and Quality Concerns in CE Rentals
As demand surges, particularly driven by infrastructure developments in regions like Asia-Pacific, stakeholders face pressing issues ranging from availability mismatches to concerns over maintenance standards.
MYCRANE doubles down in Saudi with two new recruits
MYCRANE, the first global platform for online crane rental, is responding to the rapid digital transformation of the Middle East by strengthening its team in the region.
The mini excavator market is expected to grow significantly
Case Construction Equipment sells and supports a full line of high-performance construction equipment. The company’s Managing Director Shalabh Chaturvedi speaks on the factors that drive the demand for mini equipment in the Indian construction industry.
MYCRANE doubles down in Saudi with two new recruits
New hires will strengthen platform’s strategic investment in KSA
We aim to maintain a steady pace of growth, despite potential disruptions
PV Ramdev, Managing Director, Everest Engineering Equipment
Cosmos Pumps Drops 'The Giant': A Herculean Dewatering Pump, Transforming Mines with Techno-Magic
Cosmos Pumps, a pioneering force in dewatering pump solutions, proudly introduces “THE GIANT†Dewatering Pump, a cutting-edge innovation poised to revolutionize the global mining industry.
Indian Logistics Boom in 2023
H1 2023 recorded 49 per cent of total absorption registered over the entire previous year. This represents a YoY growth of 17 per cent bringing it to an estimated 15.4 million square feet.
Hy-Brid lifts announces director of sales for south-central US
Hy-Brid Lifts an industry leader in aerial lift equipment announces John Davis as director of sales covering the south-central United States.
Hy-Brid lifts announces director of sales for south-central US
Davis’ responsibilities will include providing customer support
Vedanta Aluminium expands India’s largest fleet of electric forklifts
The company has goal of achieving net zero carbon emissions by 2050.
Vedanta Aluminium expands India’s largest fleet of electric forklifts
It has been deployed at the company’s operations in Jharsuguda, Odisha
US CE rental sales to rise 12.5% in 2022
The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain.
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.
Sunbelt Rentals named to CIO 100
Sunbelt Rentals has been selected as a 2023 CIO 100 Award winner. CIO selected Sunbelt Rentals based on its strategic three-year business initiative: Sunbelt 3.0.
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.
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.
Takeuchi releases TB20e electric excavator
Takeuchi’s TB20e battery-powered compact excavator will soon be available for sale or rent at qualified Takeuchi dealer locations throughout North America.
Bobcat Reveals New Electric Compact Excavator, E32e
Bobcat has unveiled its latest electric compact excavator, the E32e. The 3.9-tonne battery-powered excavator joins a growing line-up of Bobcat electric machines, including the E10e, its first electric compact excavator, announced in 2019, and the world’s first electric compact track loader, the T7X, unveiled earlier this year.
Lifting up!
The hoist market is expected to grow at a CAGR of up to 7.3 per cent till 2025.
Double-digit growth likely
Excon is a large, popular and established platform for the construction equipment industry in India where corporates, large infrastructure companies, contractors and their subcontractors, project construction professionals and retail customers meet original equipment producers and suppliers.
infra demand boosts rental market
Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.
All eyes on Excon!
The year started with venues opening up slowly after a lull in the last two years. In line with the growth of the industry, the 11th edition of Excon—termed South Asia’s largest construction equipment (CE) and construction technology trade fair—will take place at the Bangalore International Exhibition Centre (BIEC) from May 17-21.
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.
Reaching new heights
In India, construction hoists have become very popular in the past decade. They are usually used for high-rise towers of height 70 m or more undergoing construction or renovation.
Major challenge is lack of standardisation of safety norms
Indiabulls Store One is leading rental equipment provide working on PAN India basis.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
Property mgmt firms becoming vital part of real estate
Real estate demand in metro cities is witnessing a boom due to the multiplicity of different kinds of industries, MNCs, small-scale businesses, and home-grown brands, writes Samkit Jain of Bullmen Realty.
Bounce back
Construction equipment finance has bounced back after the pandemic-forced lull.
Mafini acquires Combat Industrial Batteries
Mafini Group has acquired Combat Industrial Batteries and Chargers, a Mississauga, Ontario-based industrial battery and charger company with over 60 years in the industry.
Leavitt Machinery acquires Reliable Forklift
Leavitt Machinery, based in Surrey, British Columbia, has acquired Reliable Forklift Sales. Reliable, started in 2005 by Don and Mary Carlson, continues to experience tremendous growth year after year.
AWPs for safe and reliable operations
The post-pandemic conditions demand for safer and secure means of operations where AWPs will play a major role and will gain prominence in future.
We provide more focus to training
Manoj Rawat, Country Manager - AWP, India & SAARC Region, Terex India, elaborates on the outlook on the Indian AWP market.
Tamimi Rentals invests in Grove
Tamimi Rentals is using a large investment in Grove rough-terrain cranes to drive expansion at the company’s construction division, to help it win more work in oil and gas fields.
Success with Hy-Brid Lifts’ PS-1930 non-folding rails
Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930, leading to an increase in unit rentals.
Hy-Brid Lifts’ PS-1930 non-folding rails
Superior Rents, a Missouri-based construction equipment rental centre, sees customer success with the non-folding rails of Hy-Brid Lifts’ PS-1930
Grading the Future
The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.
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.
Accessing New Heights
The use of aerial work platforms in India is still to gather momentum, in spite of the growing construction and urban infrastructure development. Increased awareness on safety among the end-users and a growing rental market are expected to drive the market in future.
Brock Rentals upgrades fleet with Brokk?s smart machines
Brokk recently finalised a deal with Brock Rentals Inc to upgrade the rental company?s fleet of remote-controlled demolition units with 12 next-generation models, including Brokk 110s, 170s, 200s and 300s.
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.
Shawmut Equipment opens new facility in Halifax
Shawmut Equipment of Canada, one of Manitowoc Crane?s dealer partners for success in North America, has opened a new facility in Elmsdale, Canada, near Halifax in Nova Scotia.
Telehandler market in India is steadily expanding
Telehandlers are very popular equipment worldwide and are extensively used globally. Souma Ray, Director, Haulotte India, explains the market dynamics globally and in India.
Grove and Strongco celebrate six decades of dealer success in Canada
Grove and Strongco celebrated 60 years of doing business together during a special ceremony at bauma 2019 in Munich, Germany.
Rentals Imperative for Growth
Satin Sachdeva, Founder and Secretary General, Construction Equipment Rental Association (CERA) elaborates on the importance of rental market in the growth of construction equipment industry.
Pushing Growth
Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.
Looking for new growth avenues
The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.
Steps to Safety
Being the safest means of working at heights, Aerial Work Platforms (AWPs) are naturally the option to work at height safely. However, use of AWPs in India is still limited and is picking up slowly.
Steer it up
In spite of the vast opportunities available, skid-steer loaders are still looking for a level-playing field in the Indian market.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
Bauma CONEXPO INDIA 2018
The fifth edition of bauma CONEXPO INDIA is expected to be bigger in number of exhibitors and exhibiting area, compared to last edition.
Equipment Pulse
With the construction equipment market is on a growth path, ÿճԹ explores the market scenario of construction equipment and allied products and services.
"Rental companies are backbone of Indian CE market"
For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.
Partner Rentals chooses SDLG for Northeast rental fleet
Partner Rentals, a Kingston, New York-based equipment rental house, is adding SDLG wheel loaders to its fleet.
Youngman India in rental partnership with HILTI
Youngman India announced a pilot rental partnership with Hilti Tools, offering a selection of their power tools on hire for the first time in India.
Capacities huffing and puffing
It's one year since the unified tax system of Goods and Services Tax (GST) came into force. GST has been a game changer in its vast sense considering the difficulties faced by the industry in terms of multiple tax structure.
Lifting up Expectations
Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.
Growth in equipment finance market to continue
There has been a substantial upswing in sales of construction equipment during the last two years, mainly driven by commissioning of major infrastructure projects by the government in roads and other sectors.
AWPs: Safe working at heights
There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.
The race has begun
'Infrastructure 2.0' was the theme of our 10th Annual issue of ÿճԹ. The 5th Annual ÿճԹ Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
Small Machines, Big Role
Construction minis contribute to mechanisation of the last miles of various construction activities. These can be grouped under concrete, compaction, finishing and many other similar sections.
Safety has been the key in our products and services
Our company supplies various types of loaded and empty container handling cranes and industrial heavy duty forklifts of 10 tonne and above. The steady growth in container volumes has allowed us to make investments in this sector to meet the growing demand of container handling equipment and heavy duty forklifts.
Mobile App for Equipment Rentals
An important truth of life is that it is constantly changing and evolving, and is difficult to keep a hold on it. But a right decision at the right time can turn your 'work in progress' to 'good to go'.
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.
Excavators Excel
Driven by the infrastructure development activities in the country, hydraulic excavators recorded a sharp growth in 2016 compared to the previous year. The positive trend is continuing this year also with a 26 per cent growth in the first four months.
ÿճԹ 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.
Telehandlers can gather a steady momentum in future
Telehandlers are versatile machines and have a wide range of applications across sectors. They are used in infrastructure, construction, mining, metals and minerals, logistics, ports and shipyards etc.
ÿճԹ Awards 2017 and CEO Forum
The evening of April 21, 2017, was a proud occasion for ÿճԹ as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual ÿճԹ Awards and be part of the high-level discussion at the CEO Forum.
Magni to showcase products at Apex Fair
Magni will be presenting its range of products at the Apex Fair which will take place on May 2-4, 2017 at the RAI exhibition centre in Amsterdam, The Netherlands.
Performing in tough conditions
In Denver, Colorado, a massive new infrastructure project is underway. The North Metro Rail Line is an 18.5-mile electric commuter rail system that will connect Denver?s Union Station with many of the city?s northern suburbs.
We see maturity amongst manufacturers
Industry trends: Current industry is very definitive, a state where there is transformation. Practices of doing work, technologies growing and the customers also transitioning from a cart to equipment which deliver brand.
Industry?s Take
In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.
Bauma is an important platform for the industry
Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.
Paving on a High
Asphalt paver was developed by Barbar Green Co that originally manufactured material handling systems. In 1929, the Chicago Testing Laboratory approached them to use their material loaders to construct asphalt roads.
We strongly believe in the quality of JLG equipment and their prompt service.
Swastik Corporation is a leading equipment rental company for the past 10 years, based out of Chennai with branches/operations in Hyderabad, Bengaluru, and Ahmedabad. Our core focus is into rental of aerial work platforms - boom lifts
A One-stop-shop for Rentals
Want equipment on rent and are faced with limited, non-trustworthy options; Unhappy with the limited offline sources or non-curated online sources; Want to save capital, operator and maintenance cost by renting an equipment
Backhoe Loaders Get a Rural Boost
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
Safe and Productive
The developed market saw the use of AWPs decades ago. Such machines were in demand by users, for two reasons: safety and speed of work.
Craning for Opportunities
From a global perspective, the equipment rental industry in India is in its nascent stage. Currently, the average off take for rental is 7-8 per cent of the annual equipment production in India as against up to 80 per cent in developed countries like UK, South Korea and others.
Widening Growth Path
For the emerging and developing nations, the growth path widens which will inevitably be attractive destinations for machine makers worldwide, writes Pradeep Sharma.
A Need that Haulotte addresses
Haulotte being one of the leading manufacturers of access equipment is strongly committed in providing the best operation and maintenance training to their customers.
Gaining Traction
With a major thrust on infrastructure development by the government, coupled with the ?Make in India? programme, the Indian telehandler industry is poised for an unprecedented and exponential growth.
Front-end Loaders Dominate Rentals
Market information on rental industry is extremely fragmented. No accurate or authentic data is available in the industry to support this activity. Having said that, as per available information gleaned from various sources, the industry size for 2-3 cu m bucket capacity front-end loader is estimated to be in excess of 20,000 units in India.
Uplifting Future
Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment
High Expectations
With growing safety awareness, the Aerial Work Platforms (AWPs), one of the best solutions to keep people safe, while working at heights, is poised for exponential growth in the near future.
Graded Up
If tightened completion time is demanded as in the case of Delhi peripheral ring road by Supreme Court, it will sure to up the demand for advanced, high capacity motor graders.
Rental Market for DG Sets
The rental market for DG sets is expected to grow in future as the economy has started recovering. DG sets play a major role in peak hour saving - production, standby application, and continuous power - construction sites.
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.
All new Atlas Copco Concrete Machines
Atlas Copco has launched new range of safe, simple and light concrete machines comprising Atlas Copco SVE/SVG-truss screed, BG-series trowels and WTS830 spreader. The machines broaden the business for operators and rentals alike.
World of heavy lifts
Sarens has built up a formidable fleet of over 1,600 equipment comprising giant cranes, self propelled modular transport (SPMTs), jacking systems and other engineered solutions.
German co. buys Terex Explorer all-terrain crane
Ingolstadt-based Autodienst Eineder GmbH recently bought Terex Explorer 5800 all-terrain crane.
Craning for Opportunities
Despite a prolonged dip in demand for the last three years the power sector, especially wind mills and renewed focus on infrastructure, and core sectors like cement and steel are expected to drive the demand for heavy duty cranes.
Accessing Heights, Safely
As the access equipment industry matures in India and users become more aware on the advantages of using such equipment over conventional practices of working at heights, the rental sector in India is poised for a very bright and promising future.
Adding Momentum to Growth
A lot has changed for Gaurav Enterprises since the company started purchasing and renting Volvo construction equipment because of the superior technology Volvo machines provide.
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.
Safety in tower crane is of paramount importance
We have major projects of the World Tower, The Park and Trump in Worli, Mumbai, New Caffe Parade in Wadala, Mumbai and Palava 2 near Dombivli, Thane district where we use various types and capacities of tower cranes.
Liebherr plans to launch the next model for Indian market
The major demand in India is for the real estate sector, so, 5-tonne capacity cranes are the main demand for this sector. The demand for higher capacity cranes can increase in future gradually but still the 5-tonne capacity crane may have a major demand for real estate sector.