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$120 mn investments, $250 mn credit for Chabahar Port growth
The signing of the long-term bilateral contract on Chabahar Port Operations occurred in the presence of HE Mehrdad Bazrpash, Minister of Roads & Urban Development, Iran, and India’s Minister of Ports, Shipping, and Waterways Sarbananda Sonowal.
Automation and the embrace of technology
Telematics and IoT are other aspects of automation that are finding their way in construction equipment.
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.
No Bumps in the Road
India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.
Eyeing New Heights
The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.
Bringing sustainability to the fore
JCB has continued to make concerted efforts to conserve and optimise the use of energy.
India plans to invest Rs 350 bn by 2047 to build canals
According to Sanjay Bandopadhyaya, Chairman of the Inland Waterways Authority of India (IWAI), India plans to invest Rs 350 billion by 2047 to build a network of waterways across the nation
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.
We will focus on CE for road and retail segments
Dimitrov Krishnan, Managing Director at Volvo CE India, speaks on their past experience at bauma CONEXPO India.
Chasing Growth!
Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.
We plan to move to electric
Customer satisfaction is important in any business. We were in constant touch with our customers by keeping their focus on our business by contacting them and offering solutions.
CE companies are making strides toward sustainability
Customer centricity being the fulcrum, Doosan Bobcat India introduced B900 CEV stage IV backhoe loaders for the Indian market in 2021.
Budget 2022 and a big infra push
The union budget can be termed as a growth-oriented one, with the government focusing strongly on world-class infrastructure development.
John Deere intros new mulchers and brush cutters for excavators
John Deere has introduced new attachments for excavators with its ME36 and ME50 Mulchers and the RE40 and RE50 Rotary Brush Cutters.
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
India to develop world-class mega ports, trans-shipment hubs
Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.
India to develop world-class mega ports, trans-shipment hubs
Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.
We have pioneered integration of digital tech in our machines
As the Indian market matures, global best practices are making their way into the Indian material handling industry. There is an increased focus on safety and productivity on work sites which presents us with the opportunity of introducing products with the latest and state-of-the-art technology in India.
More options than ever
Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.
Grove GHC130 provides Terra E&C with precision in ecologically sensitive job
Wisconsin-based Terra Engineering & Construction’s website proudly proclaims that the company actively “seeks out the difficult watercourse projects that may discourage other contractors” — and while this is largely due to Terra’s skilled workforce and years of experience in that sector, having access to a Grove GHC130 telescopic crawler crane also proved crucial in helping it meet the strict deadline imposed on one of its most recent environmentally sensitive projects.
Sany embraces new emission norms; launches 4 new truck cranes
As the nation is ushering into new emission standards, Sany India, a global leader in the CE Industry has successfully embraced the Bharat CEV Stage IV norms and upgraded and launched four new truck cranes; STC250C, STC450C, STC600C, and STC800C in the market.
Grove GHC130 provides Terra E&C with strength & precision in ecologically sensitive job
An environmentally sensitive and time-restricted project called for reconstruction of a river embankment and relaying of a gas line with minimal disturbance.
Prioritising ports
The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.
HÿճԹ Compactors at Mega Irrigation Project
A fleet of 34 HÿճԹ compactors contribute to build Komaravelli Mallana Sagar Reservoir.
Port Infra Needs Facelift
Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.
Doosan Bobcat India hosts financiers meet
The compact construction equipment sales is gaining momentum in the Indian context and therefore the easy availability of financing options for customers is inevitable.
Containerisation to boost Indian logistics
Seamlessly integrating the vast network of railways, highways, airports and waterways, India is gearing up to strategically position itself as a global containerised cargo destination.
Rs 100 tn to be spent for infrastructure creation
Prime Minister Narendra Modi said that Rs 100 trillion will be spent towards infrastructure creation in the country.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
We are positive about the future of mini excavators
Bobcat is currently offering three models of mini excavators in India. S Manjunath, General Manager-Sales, Doosan Bobcat India, elaborates more on the product range and market opportunities.
Most of our attachments are purpose-built
DOZCO range of customised attachments meets the rigorous demands of several industry-specific applications. Pankaj Kumar, Vice President, DOZCO (India) shares more on the market and product trends.
10th Cement Expo & International Conference
The two-day cement expo inaugurated in Hyderabad on December 20, 2018, witnessed the participation of over 200 decision-makers, 80 brands and 1,200 visitors, besides various industry bodies.
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.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
All set to meet infra growth demand
Aggressive infrastructural development is imperative to the overall economic welfare of a country. If the economy is likened to a wheel, its infrastructure sector is most certainly the central hub that supports all the other sectors in the form of spokes and keeps the wheel spinning smoothly and efficiently.
Infrastructure 2.0
Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.
Infrastructure Revival to Push CE Growth
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
Infrastructure on fast track
The Indian infrastructure sector is not slowing down anytime soon, given the government initiatives and market demand. This makes it a feasible environment for the growth of construction equipment, writes Andy Dhanaraj, Director - Sales, Caterpillar India.
Budget 2018-19: Infrastructure, Rural Development key
Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.
We will take small steps to build ourselves
When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.
We will focus on our latest intelligent series machines and service
The infrastructure and construction business as a whole, is poised to exceed $350 billion in a while, growing at a CAGR of 6.5-7 per cent over various sectors. But naturally, we also foresee an upward trend in the sales of construction equipment, as the market is expected to grow at a record high in the next 2-3 years, driven by the government's focus on infrastructure development.
Excon is An ideal platform to connect with customers
Roads and Highways sector has been and continues to be one of the major drivers for the ECE industry. Other sectors such as Railways, Airports, Inland Waterways etc are also integral in driving the growth.
We see Excon as a business facilitator
Post GST, the construction equipment (CE) sector in India had a short term hit. Retail hiring segment was adversely effected, as it is more of unorganised sector.
On a Brighter Note
The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.
Out of the Box
Container logistics in India has transformed over the last decade in many ways. The constant change is challenging the established methods of handling and transportation of containers. More and more stringent rules for safety and weighing of containers are keeping all manufacturers of container handling equipment in a constant innovation mode.
On Cloud 7, Moving to 9!
The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.
Making CE Amphibious
It is a never-ending quest in this era, where customer is always looking for an enhanced safety, efficiency, and a more comprehensive product all the time.
Ready for the Big Boom
Large capacity concrete batching plants are to piggyback upcoming 100 new concrete roads and other infrastructure projects. Mass concreting is expected to be a major constituent of upcoming infrastructure projects in roads and highways, railways, sea ports, airports, power plants
Concrete Paving to Flourish
Renewed thrust on building new concrete roads by Indian government spells a boom for concrete paving equipment industry in India. Most of the highway network in USA was built with concrete roads and some
Enhancing Productivity with Potain Cranes
Four Potain cranes are operating together to build a cluster of eight towers, ranging from 17 to 26 stories at DSK Dream City project in Pune. Talib & Shamsi Constructions based in Mumbai has built more than 25 high-rise
Progress Through Performance
The recently held ICEMA conference on highway equipment discusses the need for efficient technologies, quality and skill upgradation in roads and highways construction.
Working Hard at India?s Deepest Port
A fleet of 15 SDLG wheel loaders is working at Gangavaram Port in Andhra Pradesh, delivering reliability and productivity, backed by on-time service and support. Gangavaram Port is the deepest port in India with a draft of 20.2 m.
A true professional
Mohanlal Pillai, Managing Director of Virgo Marine Shipyards Pvt, has a rich working experience of over 35 years
A Healthy Outlook
Increasing investments and cargo traffic point to a healthy outlook for India?s ports sector. Cargo traffic, which was 976 million metric tonne (mmt) in 2012, is expected to reach 1,758 mmt by 2017.
CE Sector to Grow
Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.
Concrete Moves
Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there are tremendous growth opportunities in the long term.
An able leader
Capt. Ashok Shrivastava heads the Ship Owning & Chartering division at Allcargo Logistics. A Master Mariner by profession, he has over eight years of command experience on foreign flag vessels.
Moving Ahead
The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.
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.
Batching solutions
The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.
Piling Deep for Solid Growth
In a highly competitive market space hitherto rigged with challenge, the piling industry has responded positively by developing and launching advanced rigs. The piling technology with latest monitoring features could help increase productivity and reduce overall cost of a project.