每日吃瓜

鈥淔inancial management a challenge in rental industry.鈥�

Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

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.

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

All our equipment sales crossed all previous benchmarks

Rohit Punjabi, Vice President (Excavator Business), LiuGong India, speaks on the company鈥檚 sales pattern for earthmoving equipment.

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.

Limited market awareness hinders rental service penetration

Mukesh Sharma, Country Manager, Atlas Copco Specialty Rental Division in India, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

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.

CASE India inaugurates new dealership in Jaipur

CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur.

Renting equipment: What to do and what not to

CW identifies common pain-points associated with renting construction equipment, and asks industry leaders for ways around them.

Pushing new boundaries

As the market for excavators experiences increased demand, OEMs are innovating by introducing new features aimed at enhancing both the efficiency and productivity of these machines.

Embracing the Rental Revolution

Rental penetration is a bit low in the mining equipment industry, but it is increasing on YOY basis due to awareness and availability of latest mining equipment.

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.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

The Rise of Equipment Rental

The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.

How to make construction S.Af.E.R?

The theme S.Af.E.R. stands for -- S: Sustainability; Af: Alternative Fuels; E: Electrification; and R: Rentals. The underlying premise of the theme is that integrating energy-efficient equipment and energy-saving technology in sustainable development initiatives can drastically cut energy use and harmful emissions.

Improving Construction Productivity

LiuGong is committed to offering sustainable solutions to its customers, and the company is actively working to reduce emissions, conserve resources, and improve efficiency in the construction and material handling industries

Reduce, Reuse, and Recycle!

In addition to reducing waste in construction, the Ministry is also working to decrease emissions from road transport and reduce the country芒鈧�鈩�s dependence on oil imports through the use of alternative fuels.

Infra demand boosting rental market

The equipment rental market provides construction companies with access to the latest equipment and technology.

Towards a 芒鈧�艙Greener Future芒鈧�聺 together

Developing businesses are treating 芒鈧�艙sustainability芒鈧�聺 as the crucial goal of their method and operations to escalate growth and to compete in the global market.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

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.

Sachdeva of CERA: Earthmoving equipment is staple of construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member of Global Rental Alliance (GRA), speaks on rental market scenario in earthmoving equipment industry.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

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.

Mobilising Growth

CHALLENGES and NEW Opportunities

The construction equipment rental market in India is still small as compared to the other equipment markets worldwide. Satin Sachdeva sheds light on the realities of the rental market in India and the steps needed for the development of the market.

A One-stop-shop for Rentals

Want equipment on rent and are faced with limited, non-trustworthy options; Unhappy with the limited offline sources or non-curated online sources; Want to save capital, operator and maintenance cost by renting an equipment