Search

鈥淔inancial management a challenge in rental industry.鈥�

Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

Financial management a challenge in rental industry

Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

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.

Indian rental companies are increasingly embracing digitisation

Satin Sachdeva, Founder & Secretary General, Construction Equipment Rental Association, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Revolutionising Construction

Concrete construction has evolved significantly, impacting both equipment choices and operational strategies.

Concrete equipment sector has been quick to embrace advanced tech.芒鈧�

Ramesh Babbar, President and Director, Columbia Machine Engineering, speaks on the company芒鈧劉s approach to innovation and technology.

The concrete equipment sector has been quick to embrace advanced technologies

Ramesh Babbar, President and Director, Columbia Machine Engineering, speaks on the company芒鈧劉s approach to innovation and technology.

Infrastructure momentum to continue

Global construction equipment sales hit an all-time high of 1.1 million units in 2018, with a retail value of approximately $110 billion, according to Off-Highway Research.

Indian market has a great growth potential

Founded as Racine Threshing Machine Works in the mid-western US in 1842, CASE Construction Equipment today operates as a subsidiary of CNH Industrial.

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.

Essential for Road Building

Commitment towards infrastructural development and faster implementation of road projects to desired specifications are driving the growth of the motor grader market in India.

We procure new and used equipment depends on the scope of utilisation

Simplex Infrastructures is one of the largest infrastructure solutions providers in India and the Middle East having presence in across eight first growing industry verticals.Samar Ghoshdastidar, Technical Director, Simplex Infrastructures, provides an in-depth overview on the company?s equipment procurement procedures.

We dont generally procure used equipment

We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.

Sour CE Issue

Essentially, CE selection and procurement is a complex metrics-based decision making activity that requires active involvement of the concerned stakeholders of an organisation.

This year our target is to launch tunnel boring machines

We are involved in the sales and service of construction equipment and spare parts from for leading Chinese equipment manufacturers; - Zoomlion for truck-mounted cranes and crawler cranes, and Sichuan Construction Equipment for big capacity tower cranes.

A true mining professional

Anil Sachdev is the President, Equipment Division, Salgaocar Engineers Pvt Ltd (SEPL). A mining engineer by profession, Sachdev has appeared and passed the First Class Manager?s Certificate conducted by Director General of Mines Safety (DGMS), Dhanbad (Bihar).

Digital Edition