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HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
Towards a Viksit Bharat @ 2047
Critical aspects of the Indian infrastructure sector such as roads & highways development, railway modernisation and infrastructure financing were discussed at the INFRASTRUCTURE TODAY Conclave: Towards a Viksit Bharat @ 2047
AI and ML Reshape Pre-Owned Market
In the used construction equipment industry, CRM plays a pivotal role in fostering lasting relationships with clients and optimising business processes.
Highways to Progress
India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements, and sustainability initiatives, driving economic growth and setting global standards.
Changing the future of construction
In construction, machine learning can help project engineers, supervisors, and everyone else involved in a project
Transforming pre-owned CE industry
In the used construction equipment industry, CRM plays a pivotal role in fostering lasting relationships with clients and optimising business processes.
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.
India urged to reform mineral exploration policies
Sumit Deb the outgoing President of the Federation of Indian Mineral Industries (FIMI) has called for comprehensive reforms to stimulate mineral exploration in India
Madhya Pradesh invites tenders for auctioning 51 mineral blocks
In an effort to enhance India's self-reliance in strategic resources, the government of Madhya Pradesh has issued a notice inviting tenders (NIT) for the auction of 51 mineral blocks.
L&T, NCC bids for Rs 56.88 bn Hyderabad Airport Metro project
The Hyderabad Airport Metro has confirmed the receipt of two significant bids from L&T and NCC for the Rs 56.88 billion tender aimed at selecting an EPC contractor for the Airport Metro project.
Department of water resources in Punjab seek bids for machinery
The deadline for submitting bids is May 25, 2023
Ujjain Invites Tenders For Procurement Of Sewer Cleaning Machine
The bid submission period will end on May 17, 2023
The demand trend for earthmoving equipment is expected to remain positive
Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.
Shriram Automall celebrates 12th SAMIL Utsav on a grand scale
India’s largest phygital pre-owned marketplace for vehicles and equipment, Shriram Automall India (SAMIL) created yet another benchmark in the used automobile industry on its 12th business anniversary by recording footfalls of over 25,000 customers on a single day.
Shriram Automall celebrates 12th SAMIL Utsav on a grand scale
Shriram Automall conducts biggest phygital auction by selling 7,500+ pre-owned vehicles, equipment and other assets
Progressive Outlook of the Indian CE Industry
Alternative fuels will be a fair play for the future of the CE industry as the Government is also pushing the same for making India self-reliant.
BMC would spend Rs 60 bn to pave 400 km of roads
In the upcoming years will Mumbai's pitiful potholed roads ultimately be fixed? The Brihanmumbai Municipal Corporation (BMC) has chosen five large construction companies with a track record in building national highways to carry out the job and has eliminated small road contractors in order to execute the largest-ever civic contract to concrete 400 km of road for Rs 60 billion.
SAMIL showcases next-gen phygital auction tech at Auto Expo
SAMIL enlightened clients, potential customers and visitors about its technology-laden bidding platforms
Safety in Selecting Compaction Equipment
Manufacturers are redesigning the compaction process from the ground up in order to overcome the main challenges posed by conventional compaction rollers
We want to be India’s biggest marketplace for machinery and cars
Sameer Malhotra, CEO, and Sanjay Khanna, Business Head, Shriram Automall, speak on the market for construction equipment in India.
Country Roads Take Me Home
The slowdown in the road construction activity has been a drag for the construction equipment sector.
SAMIL sets new benchmark; conducts 100 auctions across 100 locations
The event recorded footfalls of over 15,000 customers.
India & Germany signs pact for Indo-German Green Hydrogen Task Force
India and Germany have signed a joint declaration of intent on the Indo-German Green Hydrogen Task Force.
Dilip Buildcon emerges as lowest bidder for Rs. 1,589 cr road project
Dilip Buildcon has jumped to Rs.250.50 by 4.17 per cent after the company announced that it is declared as the lowest bidder for Rs 1,589 crore road project by the National Highways Authority of India (NHAI), based on Hybrid Annuity in the state of Karnataka.
Ammann has scaled up production with a range of 11 models of asphalt plants
The infrastructure and construction sector especially the road sector has witnessed rapid growth during the past few years primarily Government both at the state and center realising the importance of building a strong road network thereby boosting the economy.
Opportunities galore
The construction industry across the globe is anticipated to present significant opportunities for construction equipment.
Ammann has scaled up production with range of 11 models of asphalt plants: MD of Ammann
Anand Sundaresan, MD of Ammann India, speaks on current demand trend for asphalt mix in India
7th India Construction Festival
Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.
NHAI to make network survey vehicle use mandatory for road condition survey
In line with its commitment to provide better roads to commuters, NHAI has decided to deploy Network Survey Vehicle (NSV) to enhance quality of the national highways.
Shriram Automall – the Power of Choice for Construction Equipment
Shriram Automall India (SAMIL), an ISO 9001:2015 certified company, is India’s first-ever service provider to offer a well-organised and transparent platform for the exchange of pre-owned vehicles and equipment.
NHAI to make network survey vehicle use mandatory for road condition survey
Carrying out road condition survey using NSV on the National Highways has been made mandatory at the time of certifying completion of the project and every six months thereafter. The provision has also been included as a part of the standard bidding document of consultancy services.
AJAX ARGO model’s mantra is ‘maximum productivity for your investment’
“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering
NHAI to penalise firms for lapses in quality
To maintain high quality standards in highway development, National Highways Authority of India (NHAI) is taking all steps to ensure adherence to the standards during construction and maintenance of the projects.
NHAI to penalise firms for lapses in quality
NHAI to penalise firms for lapses in quality
NHAI agrees to 25 suggestions made by NHBF to ease highway construction
NHAI has agreed to most of the suggestions made by the National Highways Builders Federation (NHBF) related to project delivery.
NHAI to undertake rating of concessionaires, contractors and consultants
The portal-based objective assessment of vendors has been initiated to track the performance of the vendors for various NHAI projects.
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.
41 coal mines on offer for commercial coal mining
Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.
41 coal mines on offer for commercial coal mining
Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.
Biggest is the Best
Patel Infrastructure acquired the world's largest concrete paver from Wirtgen Group. The 18.75 m full paving width paver is currently working at the Vadodara-Kim Expressway project.
SAMIL introduces online vehicle trading platform
Shriram Automall India (SAMIL) has been prompted by the COVID 19 impact to shift to customer-friendly digital solutions including the launch of online vehicle trading platform, MySAMIL app to win over the business threat during India lockdown.
SAMIL Utsav attracts over 30,000 customers in 90 cities
Shriram Automall India (SAMIL), backed by Shriram Group and MXC Solutions celebrated SAMIL Utsav on its ninth business anniversary by conducting over 90 physical bidding events in 90 tier I, II, and III cities in a single day across India.
KEC International wins new contracts
KEC International, a global infrastructure EPC major, has secured new orders of Rs 10.25 billion across its various businesses.
HAM expands network
CRISIL Research?s analysis of road projects under the National Highways Authority of India (NHAI) reveals HAM has expanded its network since its launch in February 2016. Over fiscals 2017 to 2019, HAM projects accounted for a quarter of the executed road projects and 45-50 per cent of the projects awarded.
Mining Gains
The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.
Selling mining equipment to a global buyer base
With the end of the year approaching, Ritchie Bros. is gearing up for its last Dubai equipment auction of 2019.
Govt to auction 27 coal mines
The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.
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.
Shriram Automall opens 81st facility
Shriram Automall India (SAMIL), India?s largest service provider for transactions of used vehicles & equipment has inaugurated its 81st Automall facility in Rajahmundry with an aim to serve growing need of used vehicle and equipment demand in and nearby areas.
Good transshipment facilities will drive port sector growth
In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.
Shriram Automall opens 79th facility in Kadapa
Shriram Automall India (SAMIL), India?s largest service provider for transactions of used vehicles and equipment, has inaugurated its 79th Automall facility in Kadapa with an aim to serve growing used vehicle and equipment demand in and nearby areas.
CHALLENGES and NEW Opportunities
The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.
India has great potential in mining
The mining market in India is growing, but at a slower pace compared to other industry segments due to stringent regulations and environment related challenges.
Shriram Automall opens 76th facility in Shimoga
Shriram Automall India Limited (SAMIL), India?s largest service provider for exchange of pre-owned vehicles and equipment, inaugurated its 76th automall facility in Shimoga
SAMIL transactions cross Rs 3,000 crore in FY 2017-18
Shriram Automall India (SAMIL) grew by 30 per cent in FY 2017-18. SAMIL achieved this milestone by transacting over 1,20,000 pre-owned vehicles and equipment worth Rs 2,300 cr through its physical platforms, acquiring over 100,000 unique bidders while assisting already existing over 6,50,000 bidders through its 75 well structured automall facilities across India.
In the Limelight of Infra growth
Construction equipment today not only makes it easier to complete the project at hand, but also ensures the efficient use of labour, time and money. About 30-35 per cent of money involved in construction is dedicated towards procurement of good machinery and equipment.
Machine Control Technologies
Monitoring and control technologies in infrastructure, construction and mining equipment has become one of the priorities in the industry these days as the government is pressing for quality and speed in project execution.
Controlled way to efficiency
Machine control technologies bring in efficiency and productivity to a machine, thus providing economy in machine operation. While control technologies on specific machines are increasingly getting popular, the emerging trend is integrated machine control which helps in communicating with multiple machines at a project site.
Sell where people buy
There is a saying in the industry that 'if a machine isn't making money, it is only costing money'. Equipment often needs to be turned into cash first before returns can be used to make other investments.
Ritchie Bros. launches IronPlanet in UAE
Heavy equipment auction expert Ritchie Bros. is about to raise its stake in the United Arab Emirates (UAE) with the introduction of its new online-only brand: IronPlanet. Complementing Ritchie Bros.? onsite auctions, IronPlanet is an online-only marketplace, offering new benefits to customers, including selling without transporting items to a centralised location and the ability to sell items for a fixed price, negotiate offers or set a reserve.
Shriram Automall opens new facility in Guntur
Shriram Automall India Ltd (SAMIL) inaugurated its 70th automall facility in Guntur. This is the third facility in the Vijayawada Zone of the company and is in line with the aggressive expansion plans of the company.
Shriram Automall opens new facility in Ratnagiri
Shriram Automall India Ltd (SAMIL) inaugurated its 69th automall facility in Ratnagiri. This is the seventh facility in the Mumbai Zone of the company and is in line with the aggressive expansion plans of the company.
We have sold over 25,000 used equipment through physical bidding
Shriram Automall India is the number one service provider of used construction equipment in the country. Sameer Malhotra, CEO, Shriram Automall, elaborates on the used equipment market in India and the company's services to customers.
We are in tune with the value sensitivity of Indian customer
Our market is highly correlated to overall infrastructure development which is seeing considerable improvement in the overall ecosystem, from bidding procedures to financing, public sector fund allocations and so forth.
Used Equipment Auctions
Over time, the pre-owned construction equipment market has almost become equal to the new equipment one, in terms of volume. However, the age-old pre-owned construction equipment industry in India was highly dominated by conservative and unreliable trade practices till a few years back.
SAMIL transaction crosses Rs 8,000 crore
Shriram Automall India (SAMIL) transacted over Rs 8,000 crore across its platforms. The company achieved this feat by conducting around 5.5 lakh transactions in a short span of six years with acquisition of over 6.5 lakh customers.
Shriram Automall opens 67th facility in Akola
Shriram Automall India SAMIL inaugurated its first facility in Akola which is eighth in Maharashtra and 14th in the West Zone. The Automall is strategically located at the NH6 which, runs through Akola from Hazira Surat to Kolkata and is spread over an area of five acre.
SAMIL transaction crosses Rs 8,000 crore across platforms
Shriram Automall India (SAMIL) transacted over Rs 8,000 crore across its platforms. The company achieved this feat by conducting around 5.5 lakh transactions in a short span of six years with acquisition of over 6.5 lakh customers.
Shriram Automall inaugurates new facility in Saharanpur
Shriram Automall India (SAMIL) inaugurated its 64th automall facility in Saharanpur. This is the 19th facility in the North Zone and is in line with the aggressive expansion plans of the company.
Shriram Automall wins innovation award
Shriram Automall India (SAMIL) has been recognised with accolade by ?Disruptive Tech & Innovation Awards 2016? under the category of ?Best Disruptive Innovation of the Year - Automotive?.
Equipment buyers, whether small or large businesses, are making a bee line for quality and cost-effective equipment
Ritchie Bros is eager to help people in India sell and buy the equipment they need through the efficient and powerful channels we offer. Eduard Faig, Regional Sales Manager - Middle East, Africa and India, Ritchie Brothers, UAE, shares more on the company?s activities and industry focus.
Government should fast-track the procurement
After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.
Wirtgen Slipform Pavers in Building New Airport
Ulaanbaatar is the hub for the rising economy and centre of expansion for trade and industry. Mongolia is also the world?s second largest landlocked country and depends on aircraft traffic bringing in and taking out passengers and cargo.
Shriram Automall inks tie-up with Manappuram Finance
Shriram Automall India Ltd (SAMIL) has joined hands with Manappuram Finance Ltd. With this tie-up, the company marks a successful commencement of its association with the financial institution.
Setting New Standards
SAMIL aims to capture a large share in the market as the government has allotted huge amount towards construction of new highways and road network all over the country.
Large Miners Forward
While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India
Renewed focus
Sany has appointed Dr. Govind Bhagwatikar as Business Head for their Renewable Energy BU in India. Dr. Bhagwatikar
Empowering Customers with Organised Approach
Two decades ago, India opened its doors for multinational automobile companies allowing them to penetrate the market, modernise the Indian transportation picture and make it beneficial for the end-users.
GR Infra Relies on Wirtgen Machines
GR Infra Projects Ltd is a major infrastructure companies in India. The company has been working in the field of infrastructure development in India for the past 50 years. ?This year we intend to achieve an order booking of Rs 8,000-10,000 crore.
High-tech Cost-effective Solutions
A technology-driven company with rich expertise in the fields of geotechnical engineering, foundations, and drilling for infrastructure development, Panasia Project Consultancy
Mining Growth
India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.
SAMIL ties up with Gramin Bank of Aryavart
?Shriram Automall India (SAMIL) has entered in a strategic alliance with the Gramin Bank of Aryavart (GBA). As per the agreement, SAMIL will cater to the pre-owned vehicle inventory of the bank and facilitate their hassle-free disposal through its physical and online bidding platforms.
SAMIL signs MOU with Tata Capital Housing Finance
Shriram Automall India (SAMIL) has entered in a strategic alliance with Tata Capital Housing Finance (TCHFL). As per the agreement signed between both the companies, SAMIL will provide ?end-to-end bidding services? for disposal of TCHFL?s housing properties with its extensive experience and wider reach.
Hiring sector to regain top position in rental equipment purchase
Many infrastructure projects were announced in 2013 and 2014 which got awarded to several Infra companies and contractors after competitive bidding. Quite a few of these however got stalled due to land acquisition issues, environmental clearances and ability to arrange funds.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
Credit demand may pick up in the second half of FY 2015-16
In July 2014, the current government presented its first budget which was predominantly growth-oriented. The announcements made in the budget represented measures to tame inflation and provide a boost to investments in manufacturing and infrastructure sector.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
We are expanding our manufacturing base in India
All machines from Wirtgen Group are designed to ensure more productivity and less fuel consumption, says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.
Mining Potential
With the growing demand for increased output of coal and iron ore and other minerals, the demand for mining equipment and machinery is expected grow manifold.
CE industry is to grow in the long term at a CAGR of 17.5%
The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.
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,
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,
Achieving Cost Efficiency
Cost efficiency is not only achieved through cleaner engines, but also through optimising the man-machine interface with a variety of machine control technologies, 'correcting' the usage patterns, and packaging solutions that take care of clients' business needs around project costs.
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.
Growth will pick up only if the government ensures a good mix of BOT and EPC projects
The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.