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Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.
Why is CE Industry Shying Away from Sharing Info
At a time when even the Supreme Court forced the Government of India to reveal the donors to the electoral bond scheme, there are associations in India, which are not maintaining the spirit of transparency, argues PRATAP PADODE.
How AI is Transforming Efficiency in CE Industry
In an industry long characterised by stubborn inefficiencies and outdated practices, the advent of AI is poised to usher in a transformative era for construction
Kobelco Construction ÿճԹ launches SK80 excavator
The mid-category excavator cements Kobelco’s position as a ‘True Solution Provider’
Focus on Infra, Skilling
Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support
All our equipment sales crossed all previous benchmarks
Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company’s sales pattern for earthmoving equipment.
CASE India rolls out first skid steer loader for India market
The company announced the foray of its indigenously made SSL in India during last edition of CII EXCON
India’s CE market is growing rapidly due to urbanisation
KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.
Our compaction products are a true testament to Atmanirbharta
Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, offering a comprehensive range of products and services in over 140 countries. Dimitrov Krishnan, Managing Director, Volvo Construction ÿճԹ, speaks on the company’s growing focus in the compaction business in India, and how it aligns with their broader goals and vision.
India’s CE Sales Surge 26% in FY24
With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections.
Eco-Diggers!
Backhoe loaders are at the forefront of the sustainable construction movement, revolutionising the industry with groundbreaking energy-efficient technologies.
What AI can do for the CE industry
Productivity, safety and uptime are crucial drivers in the CE industry, where machine downtime can cost more than $1 million per day.
What AI can do for the CE industry
Productivity, safety and uptime are crucial drivers in the CE industry, where machine downtime can cost more than $1 million per day.
Automation and the embrace of technology
Telematics and IoT are other aspects of automation that are finding their way in construction equipment.
Transforming pre-owned CE industry
In the used construction equipment industry, CRM plays a pivotal role in fostering lasting relationships with clients and optimising business processes.
Vision 2030 Drives Growth
The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.
Interview: Ramesh Palagiri, MD & CEO, Wirtgen India
Ramesh Palagiri speaks on the company’s participation at Excon.
The Indian CE industry crossed 1,00,000-unit sales in 2022-2023
Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery, speaks on the growing market for construction equipment in India.
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.
Infra development is a primary growth driver of Indian economy
In this exclusive interaction, Bhupinder Singh, CEO, Messe Muenchen India, elaborates on the company’s partnership with the Gujarat Contractors Association (GCA) and K and D Communication to launch the inaugural edition of Gujarat CONEX 2023, which will be held from 21-23 September 2023 at the Helipad Exhibition Centre, Gandhinagar, Gujarat.
Fuelling the future
Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Eyeing New Heights
The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.
BICES 2023 conference held during CONEXPO
On March 15, the press conference of the 16th China Beijing International Construction Machinery, Building Materials Machines and Mining Machines Exhibition & Seminar (BICES 2023) was held at CONEXPO-CON/AGG in Las Vegas
CE industry grows by 25% in FY2023
The quick expansion in road and infrastructure development activity across the nation, fuelled by significant governmental expenditure as well as private sector initiatives, is the primary cause of this wise rise in the industry's fortunes.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
Construction equipment ind. grows by 25% in FY2023
Construction equipment industry grows by 25% in FY2023
ConExpo: Taking CE industry to the next level
The event outperformed expectations in terms of attendance, bringing over 1,39,000 professionals from the construction and fluid power industries. With more than 2,400 exhibitors from 36 countries and 3 million square feet of exhibit space, it became the largest trade show in North America.
BICES 2023 conference held during CONEXPO
BICES is an industrial exhibition in China with the longest history and high-quality performance.
The Rise of Automation in CE Industry
In recent years, the industry has embraced automation as a way to increase efficiency, reduce costs, and improve the quality of its products.
The Rise of Automation in CE Industry
In recent years, the industry has embraced automation as a way to increase efficiency, reduce costs, and improve the quality of its products.
An Upward Trend for CE Industry
Off-Highway Research forecasts the market to grow by 9 per cent to 89,350 units in 2023 but predicts it to fall 7 per cent to 83,350 units in 2024 (the general election is scheduled that year).
Progressive Outlook of the Indian CE Industry
Alternative fuels will be a fair play for the future of the CE industry as the Government is also pushing the same for making India self-reliant.
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
Bringing the CE industry together
As one of the largest trade shows for the construction machinery sector, bauma CONEXPO INDIA enjoys support from important policy influencers in the Central and State governments.
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.
Coal continues to be the major demand driver in mining
Arvind K Garg, Senior Vice President and Head, L&T Construction and Mining Machinery, speaks on the construction and mining equipment market in India.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
ACE’s Sorab Agarwal is ÿճԹ Person of the Year 2022 at 8th India Construction Festival
Besides, the 10th ÿճԹ Awards 2022 presented 18 awards to construction equipment companies
CE industry stalwarts honoured at ÿճԹ Awards 2022
Besides, the 10th ÿճԹ Awards 2022 presented 18 awards to construction equipment companies
Stalwarts of CE industry honoured at 10th ÿճԹ Awards
Sorab Agarwal is EI Person of the Year 2022
On track: double-digit growth
Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.
Country Roads Take Me Home
The slowdown in the road construction activity has been a drag for the construction equipment sector.
Indian construction equipment industry plans to attract global suppliers
With the construction equipment industry being the primary stakeholder the infrastructure sector is an economic driver and is poised to play an important role in propelling the country’s overall growth and development
B&B to showcase its innovation at IMHX
IMHX will open for business at the NEC, Birmingham, on September 6-8, 2022
Loaded with opportunities
The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.
The Concrete Advantage!
The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.
Mahindra launches BS4 backhoe loader with better productivity
Mahindra’s Construction Equipment Division (MCE) has launched its new range of BS4 backhoe loaders called the Mahindra EarthMaster SX. Interestingly, the company is making big claim with the promise of a disruptive customer value proposition.
Mahindra launches BS4 backhoe loader with better productivity
Mahindra’s Construction Equipment Division (MCE) has launched its new range of BS4 backhoe loaders called the Mahindra EarthMaster SX. Interestingly, the company is making big claim with the promise of a disruptive customer value proposition
Mahindra launches BS4 backhoe loader with better productivity
The company is guaranteeing the highest productivity per litre in the segment else they will take the machine back. Moreover, an uptime service guarantee is also being offered to customers.
CE export witnesses 60% growth in FY22
According to the Indian Construction Equipment Manufacturers Association (ICEMA) the export of construction equipment has increased by 60 per cent in FY22 with earth-moving equipment witnessing 69 per cent growth in the last fiscal year.
India offers a huge opportunity for the growth of the CE industry
Ammann is a world-leading supplier of mixing plants, machines and services to the construction industry with core expertise in road building and transportation infrastructure. Anand Sundaresan, Managing Director, Ammann India, speaks on the various technological display during Excon.
We have a positive outlook on future of power transmissions products
We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.
JCB’s thrust on digital technologies
Excon 2021 is indeed going to be the first major exhibition for the construction equipment industry, post-pandemic, hence, expectations are high. There is likely to be an even greater active participation by the industry than what we have seen in the past editions.
AI, IoT & automation are the future for CE industry
Propel has participated in every Excon right from its commencement. We have always had excellent customer response and the number of visitors to our stall has seen huge jumps in every edition.
Opportunities for 45t class excavators are immense
Rahul Shorey National Head – Construction, Tata Hitachi Construction Machinery Company.
Rise in steel and commodity prices has increased input cost
Anand Sundaresan Managing Director, Ammann India
Chasing Growth!
Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.
Eyeing new heights
The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.
Sriram of IndusInd Bank: CE finance industry is a competitive marketplace
AG Sriram, Head – Consumer Finance Division, IndusInd Bank, speaks on the current portfolio in relation to construction equipment financing
Hariharan: Customers are cautious in trying out alternative fuels
Anand Hariharan, Head – Product Development, Tata Hitachi Construction Machinery, speaks on challenges the CE industry would face by moving to complete electric.
NIP can make CE tick
As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.
The world is transitioning towards sustainable business practices.
Our emphasis has always been to keep the customer foremost in our mind. We have therefore, laid special emphasis on customer-friendly products and solutions that are easy to adapt to and help in enhancing usability and serviceability.
Semiconductor shortage to hamper ce industry
Global semiconductor shortages may curtail new equipment production,resulting in higher used equipment prices.
All eyes on Excon!
The year started with venues opening up slowly after a lull in the last two years. In line with the growth of the industry, the 11th edition of Excon—termed South Asia’s largest construction equipment (CE) and construction technology trade fair—will take place at the Bangalore International Exhibition Centre (BIEC) from May 17-21.
CII Excon 2021 to aid India to become second largest CE market by 2030
The Confederation of Indian Industry (CII) has announced the 11th edition of Excon, South Asia’s largest construction equipment, and construction technology trade fair, which will take place at the Bangalore International Exhibition Centre (BIEC), Bengaluru from May 17-21, 2022.
Why CE industry needs automation
The world is entering an age of robotics. Industrial robots have worked in the manufacturing sector for decades, and now they appear in most industries. Construction could be the next industry.
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.
Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE
The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.
Indian construction equipment industry growth slumps in Q3FY22
On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.
Tata Motors, Equitas SFB join hands for small CV customers
Tata Motors, India’s largest commercial vehicle manufacturer, has signed a five-year Memorandum of Understanding (MoU) with Equitas SFB, one of the country’s largest small finance banks, to bring a set of attractive financial solutions to its customers.
Innovation & Indigenization has been a way of life at AJAX
“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer
Tata Motors, Equitas SFB join hands for small CV customers
Tata Motors will leverage Equitas SFB’s strong network across the country, spanning 861 branches and 550+ CV customer touchpoints, to make these solutions accessible for customers.
CE industry talks a common language using OPC UA
Construction equipment manufacturing is taking a solid leap with the advantage of new technology developments
Bonfiglioli India: Winning through product innovations & tech
Bonfiglioli has been enhancing construction equipment performance, efficiency, productivity, and reliability for more than 40 years.
Arvind K. Garg is EI Person of the Year 2021
Garg was awarded at the 9th ÿճԹ Awards.
7th India Construction Festival takes off with focus on tech
The most-awaited 7th India Construction Festival, organised by infrastructure think-tank, FIRST Construction Council & ASAPP Info Global Group, has commenced in Mumbai.
Manitowoc to showcase new product strength at The Utility Expo
Manitowoc will display three of its strongest new offerings for the utilities market at The Utility Expo this year: the National Crane NBT60XL boom truck; the NBT45-2, a compact 45-tonne model from its new NBT40-2 Series; and the Grove GHC110 telescoping crawler crane that just launched in July.
Wheel loaders can be used in any industry that deals with heavy loads
The construction equipment market has started to revive post the pandemic with increased demand of such machines and rising number of construction projects across the country.
Covid-19 has expedited the transition from manual processes to automated systems”
The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.
Manitowoc to showcase new product strength at The Utility Expo
Two new National Crane models — the NBT60XL and the NBT45-2 — will anchor the Manitowoc booth in Louisville, Kentucky.
AJAX introduces the ‘All new CEV Stage-IV’ compliant ARGOs
These engines are more environment friendly with well proven CRDi technology and After Treatment System (ATS) that reduces emission levels.
ICEMA inaugurates new office in New Delhi
Strengthening the Indian Construction Equipment Manufacturers Association (ICEMA) secretariat by way of setting up of a new office space in New Delhi is an integral step towards achieving the Industry’s Vision Plan 2030: Building the Nation” said Sandeep Singh, President ICEMA while inaugurating the newly opened office.
Dimitrov Krishnan is new President of ICEMA
The Indian Construction Equipment Manufacturers Association (ICEMA) elected their President for the period 2021-23 during its Annual General Meeting held virtually on July 19, 2021.
Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes
The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
At CASE, our backhoe loaders are replete with advanced features
Backhoe loaders are one of the most popular and in demand construction equipment currently, accounting to nearly 65 per cent of the construction equipment segment in India.
Construction Technology: The need of the hour!
CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.
Dimitrov Krishnan is new President of ICEMA
Dimitrov Krishnan, Managing Director, Volvo Construction ÿճԹ Pvt Ltd will lead ICEMA, the apex association of CE industry.
ICEMA inaugurates new office in New Delhi
ICEMA’s New Office to help drive Construction Equipment Industry’s Vision 2030 Plan
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
There is scope for localisation of parts as some of the bearings are still imported
Rangababu Ch, Segment Leader Heavy Industry, SKF
Mahindra launches BSIV construction equipment range
Announces entry into lower HP BHL segment with EarthMaster SX Smart50
Second wave of pandemic has hit the production
Incorporated in 2002, SANY India was and offers the widest range of construction machinery in India and South Asia. Presently, SANY India offers products like excavators, truck mounted cranes, all-terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, compactors, reach stackers, rubber tyred gantry cranes, rail-mounted gantry cranes, mining equipment, wind turbine generators and many more. The company has already established a strong network of around 28 dealers and 135+ outlets across India to cater to the growing demand and provide sales and service support to all its customers and associates.
Sany embraces new emission norms; launches 4 new truck cranes
As the nation is ushering into new emission standards, Sany India, a global leader in the CE Industry has successfully embraced the Bharat CEV Stage IV norms and upgraded and launched four new truck cranes; STC250C, STC450C, STC600C, and STC800C in the market.
The D-factor
Where the demand will be coming from for the construction equipment industry?
We see healthy growth for CE industry in coming years
ACE is India’s leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, piling rigs, forklifts, warehousing equipment, tractors, harvesters and other agri machinery.
WIRTGEN: Driving excellence on greenfield pro-jects
Purvanchal Expressway is a prestigious greenfield project under construction in India. It commences near village Chand Sarai, located at Lucknow-Sultanpur Road (NH-731), district Lucknow and concludes near village Haidaria on National Highway No.19, before 18 km of Uttar Pradesh-Bihar border, in district Ghazipur.
AJAX ARGO model’s mantra is ‘maximum productivity for your investment’
“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering