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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.
Unveiling the Shadows
India is becoming a valuable source for the global market, showcasing cost-effectiveness, quality, and timely delivery.
Manufacturers are rapidly embracing Industry 4.0 principles
Pepperl+Fuchs is a pioneer of industrial sensors for factory automation and an expert for explosion protection in process automation. In this interview, Aman Monga, General Manager – Sales, Pepperl+Fuchs Factory Automation, delves into challenges faced by industries and how Pepperl+Fuchs is helping them navigate through these hurdles to improve their efficiency and productivity
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.
Focussing towards more sustainable offerings for the construction industry
Jayanta Ray, General Manager – Industrial and OEM, GS Caltex India, speaks on the primary factors that construction equipment customers prioritise when selecting lubricants.
Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
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.
Action Construction Equipment's net profit up 108.80% in Q4 FY24
Net profit surged by 106.59%, reaching Rs 98.44 crore in Q4FY24
ERP cloud solutions in equipment manufacturing
ERP cloud solutions offer a comprehensive suite of functionalities designed to streamline manufacturing operations, from order management and production planning to inventory optimisation and quality control.
Power Under Pressure
Hydraulic hoses are the lifelines of construction equipment, powering machines to move earth, lift loads, and shape our urban landscapes.
Transforming Construction
The market for skid steer loaders is anything but static, constantly shaped by a confluence of factors spanning economic conditions, technological innovations, and industry-specific dynamics.
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.
We utilise telematics to monitor machine health
Amarnath Ramachandran, Managing Director, ARX Mining & Construction Equipment
Hydrogen-Powered Revolution!
As the hydrogen-powered revolution gains momentum, India stands at the forefront of a cleaner and more sustainable automotive future.
We were the pioneers to introduce hydraulic presses in India
Soham Panchal, Director, OPEX, Neptune India, speaks on the various products and solutions offered by the company.
Fuelling Innovation
Lubricants are essential to keeping engines and industrial machinery in optimal condition.
Building the Future
The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.
Avant Launches New Electric Loaders – the e527 and e513
Avant Tecno has unveiled two new fully electric loader models, the Avant e527 and Avant e513, equipped with the company’s proprietary battery technology.
Komatsu’s Electric 20-Metric-Tonne Excavator
Electrification of construction equipment is nothing new to the industry at this point.
Avant Tecno unveils electric loader with Proprietary Battery Technology
OptiTemp batteries are available in 27kWh and 13kWh
Sunbelt Rentals named to CIO 100
Sunbelt Rentals has been selected as a 2023 CIO 100 Award winner. CIO selected Sunbelt Rentals based on its strategic three-year business initiative: Sunbelt 3.0.
Demand for locally-manufactured bearings has been rising
Sujeeth Pai, Director, Industrial Business, SKF India, speaks on the company’s approach to innovation and product development.
Advanced Construction Robotics launches world’s first rebar lifting robot
Advanced Construction Robotics (ACR) has launched its second product, IronBOT, during ConExpo, the largest gathering of construction professionals in North America, held in Las Vegas, Nevada.
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.
We are hopeful to maintain a steady growth of around 15 to 20%
Subrata Mitra, Group President, Vishwa Group of Companies
Advanced Construction Robotics launches world’s first rebar lifting robot at ConExpo
Leading the Path to a Modern Workforce
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.
We are looking for new products and new markets
Subrata Mitra, Group President, Vishwa Group of Companies, speaks on the major products of the company for the mining industry.
We are continually enhancing our product
Yogesh Kumar, Director – Technical Service, Minimac Systems, speaks on the various solutions offered by the company, and its salient features.
What’s driving the demand?
Increasing demand for novel construction equipment is expected to drive the global undercarriage components market in the upcoming years.
Overall, the market scenario in India looks promising
Excon has always been a confluence of construction equipment ecosystem members like equipment and component manufacturers, customers, financiers, equipment dealers and policy makers.
The market scenario in India looks promising
Dheeraj Panda Chief Operating Officer (Sales, Marketing and Customer Support) Sany Heavy Industry India.
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.
Trimble launches Roadworks Paving Control system for asphalt
Trimble, a technology company, introduced Roadworks Paving Control Platform for Asphalt Compactors.Trimble’s Asphalt Compactor Technology aids in improving Mat Quality and Paving Productivity.
Trimble’s asphalt compactor technology
Once considered the least sophisticated machine in the equipment pantheon, the asphalt compactor is getting a lot of love these days from technology companies.
Towering up
Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.
Trimble launches Roadworks Paving Control system for Asphalt
Trimble, a technology company, introduced Roadworks Paving Control Platform for Asphalt Compactors.Trimble’s Asphalt Compactor Technology aids in improving Mat Quality and Paving Productivity.
Bio Diesel Summit
Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.
Goodyear India revenue up 18%
Third quarter profit after tax of Rs 19 crore, down from third quarter last year of 49 crore on higher commodity prices
We stand out in product quality, pricing & availability
With over 330 years of innovation and passion, Husqvarna provides construction professionals with support, service and a wide range of machines, diamond tools and all accessories that you need to cut, saw, drill, demolish, grind and polish concrete.
LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth
In a bid to drive sustainable growth of intra-city and last mile logistics, LetsTransport, one of India’s fastest growing tech logistics companies, will augment its electric vehicle (EV) fleet on its platform to 1,000 by June 2022.
LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth
Having already commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore and Mumbai, LetsTransport will introduce EVs to its fleet in Chennai, Pune and Kolkata.
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.
Tata Motors launches ‘16 saal bemisaal’ campaign
Commemorating 16 strong years of the Tata Ace, the most popular small commercial vehicle (SCV) of the country, Tata Motors, India’s largest commercial vehicle manufacturer, has announced the launch of the new ‘16 saal bemisaal’ campaign.
Tata Motors launches ‘16 saal bemisaal’ campaign
To celebrate this feat, Tata Motors has organised roadshows, wherein Tata Aces will travel across 10 states in the country. Patrons will also be able to test drive the vehicle to gain a first-hand experience of its comfort and drivability.
Bobcat M3-Series skid steers, CTLs
As a value-priced alternative to its new R-Series models, Bobcat is launching its M3-Series of skid steers and compact track loaders.
Shriram Automall – the Power of Choice for Construction Equipment
Shriram Automall India (SAMIL), an ISO 9001:2015 certified company, is India’s first-ever service provider to offer a well-organised and transparent platform for the exchange of pre-owned vehicles and equipment.
Contractors are increasingly using machine control technologies
Samip Desai, Director, Moba Mobile Automation (India), talks on the growing importance of control technologies and solutions offered by the company.
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
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?
Haver & Boecker Niagara guarantees inventory
Haver & Boecker Niagara guarantees customers’ inventory through Make & Hold and Stocking Agreement programs for screen media and wear parts.
Haver & Boecker Niagara guarantees inventory
Haver & Boecker Niagara guarantees customers’ inventory through Make & Hold and Stocking Agreement programs
Accessing New Heights
The use of aerial work platforms in India is still to gather momentum, in spite of the growing construction and urban infrastructure development. Increased awareness on safety among the end-users and a growing rental market are expected to drive the market in future.
Swachh Bharat a game-changer for cleaning equipment sector
The Central Government's drive for a cleaner India has reportedly given a big boost to firms in the hygiene and cleaning equipment space as Fonzo Equipment has reported rapid sales growth within two years of launch.
iQuippo organises Paison Ki Nilami
Commenting on this occasion, Anant Raj Kanoria, CEO, iQuippo, said, ?We have noticed that in the market customers always want to negotiate pricing and interest rates and we through our platform want to digitise and make this process transparent
We expect good progress in make-in-india schemes
Kavitsu has the manufacturing capability of producing slew bearings of up to 3,200 mm and the company is planning to increase the capacity to 5,000 mm.
The bearing industry outlook is good for next two years
NTN has been a leader in bearings for the construction equipment (CE) segment. Ramnath Shenoy, Executive Director, NTN Bearings India, elaborates more on the products and solutions from the company.
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.
CPM insurance in CE
India's economy is big and is getting bigger. The construction industry is the second largest industry in India after agriculture.
"Trenchless technology is becoming more prominent"
Vermeer is in the business of trenchless technology for three decades and over the period, has developed advanced technologies to handle different challenging projects.
Krishnapatnam port clocks record rise in container handling
Krishnapatnam Port Company (KPCL) announced that it has handled 45 million metric tonne(MMT) of cargo in 2017-18 (FY18), achieving a 25 per cent growth over 36.10 MMT handled in the previous fiscal.
High temperature and water resistant greases are need of the hour
The government is focusing more on developing infrastructure in India for the overall growth of Indian economy. Projects like smart cities and bullet trains require more of innovative technologies and equipment.
The big movers
Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.
We expect Excon to be more vibrant and industry-specific
With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.
A great forum to showcase technology advancements
Growing public and private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India
Strictly Cranes sells three new Raimondi tower cranes
Strictly Cranes Pty Ltd (Strictly Cranes), official Raimondi Cranes agent based in New South Wales, Australia, has sold three new Raimondi tower cranes to residential builder-developer Piety THP. The two MRT159s, with 1.7 m masts, and the 10 tonne MRT152 with a standard mast section, are scheduled to be onsite and operational for a period of three years. ?Our relationship with Piety stems from our competitive pricing and guaranteed high level of client servicing.
We continue to 'wow' our customers
E-commerce exploded in India over the past few years, currently contributing 15 per cent to the total retail sales (3 per cent in 2010) and is expected to reach 25 per cent by 2020.
Hydraulic Hoses & Fittings
Hydraulic hose and fittings is one of the most important components in fluid power transmission. Selection of the right hose depends on various factors viz, operating pressure range, temperatures, abrasion resistance, and application and flow requirements. One should also consider the type of fluid conveyed and the application.
We expect our business in India to double by 2020
Parker Hannifin has been a pioneer and promoter of quality solutions across the globe and in India, with its extensive range of filtration solutions and proprietary patents. Dalies Nitin Wilson, Marketing & Strategic Pricing Analyst, Filtration India, Parker Hannifin India, elaborates on the company's products and solutions, and the general industry scenario.
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.
Providing Rock-solid Reliability
Three SDLG LG958L wheel loaders have racked up almost 2,000 operational hours in four months at a quarry in Qatar. The site is owned by Doha-based contracting company Al Maram International, which uses crushing and screening equipment to reduce and sort limestone, primarily for asphalt applications for its customers.
CONEXPO-CON/AGG 2017
The five-day international exhibition on construction industry held in Las Vegas during March 7-11, 2017 recorded around 128,000 attendees, including around 26,000 international attendees.
Fleet Insurance Benefits
Ravi Kothari explains the importance of fleet insurance for a cost-effective and service-efficient fleet operation.
Control technologies for Productivity
Machine control technology helps the operator do the job in real-time basis with accurate information of job specification from data in the cabin monitor. This leads to savings in both, project costs and time, as faster completion of tasks translates into less fuel required for the job.
Bauma Conexpo India has always provided a great platform for us
We believe the mining, construction and material handling equipment industry has a very positive outlook. In the previous year or so we have seen considerable activity on the ground with regards to infra growth and this should result in improved sales for the equipment manufacturers as we move into 2017.
Creating Value for Mining Machinery Companies through Services
Service strategy of any mining machinery service companies should be designed to maximise service-based value creation to OEM or end customers. Ranjit Ravindran elaborates...There is no one-size-fits-all service strategy to suit every machinery company, but there are three broad models that cover how most can make money from services
VME Relies on Elematic Technology
Projects need to be built not just fast but taking into account India?s extreme weather conditions, infrastructural challenges and pricing. So eight years ago, the Chennai-based construction group VME chose Elematic?s
Backhoe Loaders Get a Rural Boost
Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.
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.
A successful leader
Dipen Shah has experience of more than 12 years in the construction equipment industry. He is a leader with demonstrated success at a $14 billion diversified industrial company with proven experience in P&L management, nurturing high potential talent, new business incubation, product development and marketing.
Waking up to New Demand
The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.
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
Procurement Trend
The Indian construction equipment market is expected to grow at 12 per cent CAGR to $ 4 billion by 2017 P V Ramdev,. Along with this, the material handling and access equipment markets are also expecting some exponential growth.
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.
RX Hydraulic Breaker
RX stands for ?Reliably Extreme?. As the prefix indicates, RX series hydraulic rock breaker is one of the most reliable products available in the market today. A two-part body design of RX small and medium series breaker makes the breaker extremely slim and streamlined.
Power Tools Evolving
Efficiency, safety and productivity are the three major factors that drive the demand for power tools infuture. Major players in the industry are engaged in the development and introduction of innovative products
This year we expect to sell about 300 machines
We have been associated with Escorts for the past 25 years, starting with Escorts cranes representing them in Tamil Nadu and Kerala. Later we expanded our business to backhoe loaders, forklifts and road compactors. Now we deal in the full range of Escorts construction equipment in these two states.
Diggies to Scoop the Growth Pie
Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.
We have plans to start more offices in Andhra Pradesh and Telangana
With the government giving more focus on smart cities, we feel the other smaller cities will also develop parallelly and there will be demand for construction equipment, says B Lakshminarayana, Managing Director, Sri Sai Infra Equipment Pvt Ltd.
Accessing Heights, Safely
As the access equipment industry matures in India and users become more aware on the advantages of using such equipment over conventional practices of working at heights, the rental sector in India is poised for a very bright and promising future.
Taking to the Success Path
High performance service of Cat? machines have played a critical role in the phenomenal growth of Dilip Buildcon. Within a period of 10 years, the company?s revenue has increased from Rs.50 crore to Rs.2,500 crore, making it one of today?s top players in the construction industry.
We are the market leader in southern parts of India
Detroit Mining and Construction Equipment is a dealer for SDLG range of wheel loaders and motor graders for all the four states in South India. We have our corporate office in Hyderabad, with branches at Visakhapatnam, Vijayawada and Nellore.
Mining as a Demand Puller
India is well endowed in terms of most minerals and the country?s mining sector has great potential. While demand for commodities has been strong, supply has been constrained. This has resulted in increased import.
Changing Dynamics
The industrial cranes market in India is valued in the range of Rs 1,800-2,000 crore per annum. Approximately 30 per cent of the demand comes from government sector and PSUs while the remaining 70 per cent from private sector.
We provide quality filtration solutions across the industry
We commend the ?Make in India? campaign by our Prime Minister and hope to see a lot more quality Indian filter manufacturers that assist development across the various industries in which filters play a role, says Ravinder Singh Anand, Proprietor, New Era Engineering
Safety in tower crane is of paramount importance
We have major projects of the World Tower, The Park and Trump in Worli, Mumbai, New Caffe Parade in Wadala, Mumbai and Palava 2 near Dombivli, Thane district where we use various types and capacities of tower cranes.
New Innovation from Terex
Terex Corporation launched its new innovation - Terex backhoe loader, TLB740SE and Terex-Lonking wheel loaders CDM 856 and 835. Terex also announced its strategic alliance with Longking Holdings. George Ellis, President, Terex Corporation, said, ?We are proud to launch our new machines in bC India 2014
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