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Diggers to get busier
The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.
LiuGong invests $15 million
LiuGong, the Chinese global leader in manufacturing of heavy-duty equipment, plans to invest $15 million in its Indian subsidiary in the second phase.
Efficient and seamless rail and sea network is a must
Inflation control actions, excise duty reduction and sustainable capital funding plan will help the infrastructural sector to grow which will help LiuGong?s Indian operations positively, says Sanjay Wadnerkar, Vice President, LiuGong India.
Smart Hydraulics
Hydraulics industry in India is on a revival mode with new designs, materials, and manufacturing technologies are coming into the market. In the coming years, energy efficiency, fuel consumption, and the life-cycle of machines will become the major deciding factors for hydraulic systems.
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.
Maximising Output
Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.