Mini equipment on a roll: Industry speaks
Equipment

Mini equipment on a roll: Industry speaks

In the mini-equipment space, after late June 2020, experts say, there has been a sudden rise in the sales of compact excavators, compactors, loaders, and other equipment segments, as manpower shortages owing to labour migration forced contractors to look at alternatives for quick completion of projects.

Overall, the construction equipment industry witnessed 20% year-on-year (YoY) volume growth in Q2FY21, followed by double digit growth in October and November 2020. Machines were even launched right in the middle of the pandemic.

Deepak Shetty, CEO and MD of JCB India, Jalaj Gupta of Mahindra & Mahindra, Dheeraj Panda of Sany Heavy Industry India, Rahul Shorey of Tata Hitachi, and Sandeep Mathur of CASE India share insights.

What is the future outlook of the segment? What are some trending models and new launches by the key players? What does the industry wish list look like? And how is the industry gearing up for the new emission standards? This article analyses how innovation will create new applications for the mini segment, while government investments will spur demand.

Click here to read the full story.

In the mini-equipment space, after late June 2020, experts say, there has been a sudden rise in the sales of compact excavators, compactors, loaders, and other equipment segments, as manpower shortages owing to labour migration forced contractors to look at alternatives for quick completion of projects. Overall, the construction equipment industry witnessed 20% year-on-year (YoY) volume growth in Q2FY21, followed by double digit growth in October and November 2020. Machines were even launched right in the middle of the pandemic. Deepak Shetty, CEO and MD of JCB India, Jalaj Gupta of Mahindra & Mahindra, Dheeraj Panda of Sany Heavy Industry India, Rahul Shorey of Tata Hitachi, and Sandeep Mathur of CASE India share insights. What is the future outlook of the segment? What are some trending models and new launches by the key players? What does the industry wish list look like? And how is the industry gearing up for the new emission standards? This article analyses how innovation will create new applications for the mini segment, while government investments will spur demand. Click here to read the full story.

Next Story
Infrastructure Urban

We operate 100 smart buses serving 30,000 passengers daily

Aurangabad, known as the ‘City of Gates’ owing to its historical monuments and Mughal heritage, is equally renowned for its industrial development, with a nominal gross district domestic product (GDDP) of Rs.988.04 billion. As growth has progressed, there has been a focus on enhancing the standard of living, prompting key initiatives, including the award-winning Majhi Smart  Bus Initiative. G Sreekanth (IAS), CEO, Aurangabad Smart City Development Corporation Ltd (ASCDCL), discusses the city’s ongoing and upcoming developments in conversation  with NEHA YADAV.Recent news h..

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000