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Poised for growth
As coal mining activity escalates, the need for tipper trucks will rise.
The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
Entering an era of transformation
Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
In India, there is a need for 1 MT of ammonium nitrate
Vivek Misra, Associate Vice President, Business Excellence and Transformation, Smartchem Technologies, speaks on the various challenges faced by the company.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
We introduce around 80- 90 new products every year
Ashok Chhajer, Senior General Manager – OE Sales, BKT Tires, speaks on the current market size of OTR tyres for the mining segment in India, and outlook on the OTR tyre market beyond 2022.
Road construction drives demand for motor graders
Surat Mehta, Head of SDLG Business in India
On track: double-digit growth
Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.
Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
Small is the New Big!
Air compressors are necessary at any construction site. Compared to non-portable air compressors, the smaller machines produce significantly less noise, and are used to complete jobs at any locations.
Use of automation in road construction may increase
Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.
There is an increase in demand for underground equipment
Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.
One of the major demand drivers is increase in demand for underground mining equipment
With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.
What new construction equipment will 2022 bring?
The outlook on India’s construction equipment sector is optimistic since the country’s needs for infrastructure will continue to grow massively.
Will Growth Sustain?
This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.
On Sustainable Growth
The portable air compressor market is growing consistently in the past couple of years, which is to continue in the coming years as well with most of the application markets are picking up.
Infra Growth to Drive Demand
Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.
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.
We see double-digit growth for industrial lubricants
With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry
L&T opens service centre in Singrauli
L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India's coal industry.
L&T opens service centre in Singrauli
L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India?s coal industry. The new facility was inaugurated by Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery Business, Larsen & Toubro in the presence of a galaxy of top customers from public sector and private companies.
Budget Boost
Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.
Loads of opportunities
Mining and construction activities are on a growth path in the country. New projects (big and small), demolition of old structures to reconstruct new ones and transportation of materials at construction sites, all these make the role of tipper trucks important these days.
Demand for motor graders to grow in medium term
Demand for motor graders is expected to be strong in the next couple of years. Sanu George, Business Head, SDLG India, explains more on the industry scenario and product offerings.
BUDGET 2017 | PUBLIC SPENDING TO DRIVE SALES
Although there are no landmark announcements in this year?s Budget, a special thrust on transport infrastructure development and affordable housing will definitely gift some market opportunities to the CE segment.
O&M Training by OEM Dealership
India is on the path of modernisation with rapid progress in infrastructure development. The investment in the infrastructure sector in India is pegged at Rs 1,80,000 crore.
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
A Success Story in Coal Mining
DECO has been successful in its mining activity with some 55 Volvo equipment in its fleet. India is blessed with some of the world?s largest coal reserves.
We have good market share in 14-20 tonne excavators and road equipment
Volvo operates only through dealerships and being a local dealer was advantageous for me, since Volvo has its manufacturing facility and head office in Bengaluru, says Vinayak Nayak, Managing Director, Encore Heavy Machinery Pvt Ltd.
We are planning to expand to southern states
The gap of skill sets required and available in India was my primary motivation to start this institute. As an institute, this is a standalone activity and not directly connected with CSR activity. But for Svenska Group, this has been a CSR activity.
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.
We cater to Delhi NCR, Uttaranchal, UP and Haryana markets
Apart from Volvo and Powerscreen, we would like to add at least one more business having Synergy with our existing range of products in construction and mining segment, says PK Shivpuri, Head - Sales Operations, Alpha Technical Services.
We will increase the value of our OTR tyre by developing the quality of our service.
Our goal is not just supplying the OTR tyre but providing the additional value for the custo?mers on top of the OTR tyre supply, says Tomio Fukuzumi, Managing Director, Bridgestone India, in an interview with Sudheer Vathiyath. Excerpts from the interview.
38 German companies will showcase their innovative products at Excon 2013.
German investors in India take a positive long-term view of the Indian market and continue to invest in their operations and tap growth opportunities. . Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination for German business in India.
Stalled but Hopeful
In spite of the present slowdown and resultant sluggishness in the CE market, the long- term growth prospects are still intact; and experts view the huge infrastructure deficit as a major growth driver and prudent steps from the government can bring India back on the growth trajectory.