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Our crane designs embrace digitalisation and automation
Neeraj Waghela, Head of Product Development, ElectroMech Material Handling Systems (India), speaks on what sets their cranes apart from the competitors.
2030 Goal: 250,000 Excavators!
India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining
Our products are future ready
Amit Bansal, Director Sales & Marketing-BCP Division, Caterpillar India
ZF Group Positions Itself for Growth in India's Construction Industry
ZF Group is optimistic about India's construction sector evolution
Boosting Productivity
The construction machinery attachments market was valued at $5.76 billion in 2021 and is expected to surpass a net valuation of $7.58 billion by 2027 end, registering a solid CAGR growth of 4.68% over the forecast period.
CRUSH, SCREEN, EXCEL
The crushing and screening equipment market — which is driven by aggregate and construction industries, road projects, and railway lines — is believed to grow at a faster pace.
Powering up the Earth
The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements
XCMG releases 17 models of excavators
XCMG Excavator, a subsidiary of Xuzhou Construction Machinery Group, recently staged the grand launch of 17 new excavators that are specially designed and customised for the high-end North American market.
Rental industry preparing for a bright future
India has nearly $2300 million worth of construction equipment sold every year, out of which 7 to 8 per cent is sold to rental companies, writes Mukesh Sharma of Atlas Copco.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
Volvo Group launches CampX in India
Carrying forward its legacy of being at the forefront of developing and transforming the transport industry, Volvo Group launched CampX in India.
Volvo Group launches CampX in India
CampX by Volvo Group is a global concept for innovation and collaboration, that will further strengthen the Group’s position into the emerging future.
Elgi Equipments launches oil-free piston compressors
Elgi Equipments, one of the world?s leading air-compressor manufacturers, exhibited its oil-free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia?s largest rail transportation event.
Excavators to Dominate
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.
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.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
Our machines are not only made in India, but also made for India
Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.