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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.

Transforming Logistics

The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.

Booming Demand

Industrial cranes are witnessing a soaring demand as they play a crucial role in various sectors, from construction to logistics, contributing to India's infrastructural growth.

Safety at New Heights

Mobile cranes are relatively easier to operate, manoeuvre, and optimise. However, they are highly prone to accidents.

We are going to be country’s first manufacturer of electric CE

Sorab Agarwal, Executive Director, Action Construction Equipment, speaks on the key products on display during bauma CONEXPO.

Franna hosts a successful first-ever Open Day in India

The participants got a closer look at the newly-launched Franna FR-17 Crane

Towering Ahead!

The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.

we expect the market to peak in the next 2-3 years

Prashant Suryawanshi, Managing Director, Manitowoc Cranes Potain India, speaks on the role of safety in using tower cranes.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

Rishi S of Sanghvi Movers: We are seeing demand across sectors

Rishi Sanghvi, Managing Director, Sanghvi Movers, speaks on the medium and heavy-duty mobile crane market in India.

Towering up

Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.

S. Chandra of Liebherr: Crane equipment rental has good future

Subhajit Chandra, Divisional Head – Mobile Crane Division, Liebherr India, speaks on how the market for medium and heavy-duty mobile cranes is progressing in India.

Demand for higher tonnage cranes is likely to grow

With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic.

S Saxena of Sany: Demand for higher tonnage cranes is likely to grow

Interview with Sanjay Saxena, Sr VP and Head of Heavy Equipment Business Unit, Sany Heavy Industry India.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

Demand for pick n carry cranes has strong correlation with industrial growth

The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.

Mobile cranes with latest tech would be in good demand

The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.

Updates to Grove TMS9000-2 truck crane add more power and faster setup

Repower of the popular crane with new Cummins X12 Tier 4 Final engine offers an extra 25 bhp.

Towering over

Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.

WOLFFKRAN acquires KONSTRUKTIVA LOKUS

The WOLFF pack is growing. At the end of February, crane manufacturer WOLFFKRAN acquired the Czech crane rental company KONSTRUKTIVA LOKUS a.s. The Prague-based company is an established player in the Czech market since decades and expands the territory of the red WOLFFs in Central Europe.

WOLFFKRAN acquires KONSTRUKTIVA LOKUS

The acquisition by WOLFFKRAN is well timed for the Czech crane rental company, employing around 60 people, since three of the five shareholders recently withdrew from the operative business.

Manitowoc launches new National Crane NBT60XL boom truck

Manitowoc has introduced its latest National Crane product: the NBT60XL.

Tower Cranes in Tough Times

: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.

10th Liebherr 1000 EC-H 40 High-Top crane at Grand Paris

Since May 2018, there have been ten Liebherr 1000 EC-H 40 High-Top tower cranes with very high lifting capacities on the construction sites of the Grand Paris Express

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

Franna announces expansion into India

Franna, a leading provider of mobile pick-and-carry cranes under Terex brand, is set to expand its global manufacturing footprint into India in order to support international growth plans.

Franna announces expansion into India

Franna, a leading provider of mobile pick-and-carry cranes under Terex brand, is set to expand its global manufacturing footprint into India

Banking on Policy Support

Crawler cranes market is looking for a revival after a sluggish performance over the last few years. The market will rely on the budget proposals for the National Infrastructure Pipeline for the coming years.

Zoomlion's tower crane sales top 10 bn yuan in 2019

Zoomlion Heavy Industry Science & Technology Co is celebrating a new milestone as its tower crane sales crossed the 10 billion yuan ($1.43 billion) mark in 2019, making it the first global company in the market to reach the new high.

Global loader crane market to have steady growth in next 8 years

During 2018-2026, the global revenue of loader crane market is anticipated to expand at a steady CAGR of 4.6 per cent and reach a valuation of $2,083.6 million by the end of 2026, according to a report by Persistence Market Research.

Towering opportunities

Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.

Mobilising Growth

Looking for new growth avenues

The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.

Vertical Growth

Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.

We expect 50 per cent growth in our numbers by 2020

ACE believes in providing customised solutions specific to the requirements of the clients. Mayank Pundir, Country Head - Tower Cranes, shares more on the current market trends and the industry outlook.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

Manitowoc, FIMI celebrate 25-year partnership

Manitowoc and FIMI have marked 25 years of partnership by celebrating at GIS 2017 inPiacenza, Italy. The dealership, based in San Benedetto del Tronto, central Italy, hassupplied Manitowoc products since 1992.

Manitowoc appoints new Potain dealer for Indonesia

Manitowoc has strengthened its operations in Southeast Asia with the appointment of Multicrane Perkasa as its new dealer for Potain cranes in Indonesia.

Demand may shift towards higher capacity cranes

Pick-and-carry cranes are used for a wide range of material handling tasks and are capable of travelling good a distance on roads, i.e., they have good inter-site mobility.

On A moderate growth

Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.

FROM RECOVERY TO GROWTH

The construction market in India is the second largest in Asia-Pacific Countries (APAC) region and is expected to become the fastest growing market in the region by 2025.

Aiming for New Heights

Sany has made its presence felt in Indian construction equipment market with its quality range of equipment. Be it excavators, cranes, or concrete equipment, Sany has created a niche market in India. In its 15 years of service to Indian market, Sany has become the market leader in crane business.

Potain conducts Partner Development Program

Manitowoc hosted a meeting for Latin America?s tower crane dealers in Panama to examine crane market opportunities and strategise over the best ways to address the region?s lifting challenges.

Potain conducts Partner Development Program

Manitowoc hosted a meeting for Latin America?s tower crane dealers in Panama to examine crane market opportunities and strategise over the best ways to address the region?s lifting challenges. Approximately 30 representatives from every Potain dealer in Latin America attended the event, which will now become an annual gathering.

Growth | The Way Forward

Industrial cranes are the backbone of manufacturing, infrastructure and construction in the country. In light of economy revival and Make-in-India drive in the country, the market for this equipment is expected to grow many fold in the coming decade.

Soaring SkyWARDS

Widening Growth Path

For the emerging and developing nations, the growth path widens which will inevitably be attractive destinations for machine makers worldwide, writes Pradeep Sharma.

Pick-n-Carry Hydra: Bestseller

As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India

Comansa CM appoints new dealer for Philippines

Tower crane manufacturer Comansa CM is becoming a major player in the Philippine crane market as the company has appointed construction equipment supplier Boommate Inc as its dealer.

Towering the Demand Curve

What lifting capacity range of TCs will dominate the demand for free standing, external and internal climbing configurations? Say Malik ?The 5-6T capacity TCs will remain as the most dominate category.

Towering Tall

The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.

The cranes need to be operator-friendly

Escorts has the exclusive distribution agreement for entire India with Comansa of Spain. Comansa being a pioneer in the field of flat-top cranes called topless cranes offer in the range 6T-64T.

We have expanded our tower crane range up to 25T capacity

We strongly believe in ?Make in India,? and have our own research and development team which has given various innovative solutions for Indian customers. We supply tower cranes for real estate buildings, factories, bridges, power plants, hydro electric projects, dams, refineries, etc

Nothing Beats An ACE

ACE is a dominant player in the cranes market having introduced innovative crane solutions/products from time to time. ?The growth of the Indian construction equipment (CE) industry is dependent on three factors

Up & Moving

STILL Number One

The focused thrust on infrastructure, manufacturing and agricultural sectors is expected to boost the demand for pick-n-carry cranes, which dominate the mobile crane market with over 80 per cent of total sales.

Rentals will be the solution for the future

Knowledge and skill upgradation are vital and that is where Quippo plays an important role. We continuously devote time to upgrading knowledge; training is a continuous activity in our organisation.