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India is 4th largest Construction equipment market in the world, as china stands in first position, all by volume.
The infrastructure sector is enjoys intense focus from Government for initiating policies that would ensure time-bound creation of top class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development.
Road construction activities have remained strong even in the pandemic period, and the Ministry of Road Transport and Highways (MoRTH) alone successfully completed construction of 3,951 km of roads during April-September 2020. It has achieved the construction of 21.6 km per day even during the pandemic and aims to construct a total of 11,000 km of roads in the financial year ending March 2021.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), FDIs in the construction development sector (townships, housing, built up infrastructure and construction development projects) and construction (infrastructure) activities stood at $ 25.78 billion and $ 17.22 billion, respectively, between April 2000 and September 2020. The logistics sector in India is growing at a CAGR of 10.5% annually and is expected to reach US$ 215 billion in 2020.
Only 24% of the National Highway network in India are four lanes, therefore it has immense scope of development in roads. National highway construction growth was 15% during FY20 about 8,784 Km.
During the last six years, from 2015-16 to 2020-21, the Ministry of Road Transport and Highways (MoRTH) has sanctioned 2,115 works costing Rs 163,302 crores ($22.5 Billion) for expansion and widening of national highways in the country entrusted to state public works departments (PWDs).
Apart from infrastructure, industrial development such as the construction of new factories and the expansion of capacity in steel, power, cement, fertilizers, oil refineries and other sectors will have a positive impact on the growth of construction equipment. The industrial sector is also expected to do well due to programmes such as Atmanirbhar Bharat and Make in India with support of recently announced production linked incentive (PLI) scheme.
The Ministry of Road Transport and Highways (MoRTH) released a notification on October 2020 with respect of Construction Equipment Vehicles (CEVs) to holistically address the issue of safety requirements, safety of the operator and to ensure safety while such machines are running on public roads along with other vehicles, in a phased manner as provided in the notification.
A strong economic recovery and postponement of the implementation of the new emission standard CEV Stage-IV applicable to wheeled construction equipment to April 1, 2021.
JCB
Caterpillar, the world’s largest construction equipment maker, has introduced two next-generation machines in India. The two new products, the Cat 303 CR Mini Excavator and the Cat 120 GC Motor Grader will help Cat expand its foothold in India’s infrastructure, mining, and energy sectors.
The Cat 303 Mini Hex is engineered to work in the most difficult conditions and terrain, ensuring that our customers get the job done profitably, efficiently, and safely. The Cat 120 GC motor grader is equipped with some of the industry’s most innovative features, as well as dependable performance and low ownership and operating costs.
L90H and L120H Wheel Loaders are now available in India from Volvo CE, two all-new multi-talented powerhouses that guarantee great performance and value to Indian clients. The new improved H-Series Wheel Loaders from Volvo CE are up to 10% more productive and 20% more fuel efficient than the proven F Series wheel loaders.
They have their own innovations and advancements that are adapted to Indian climates and markets, making them extremely versatile and dependable over time.
The L90H and L120H Wheel Loaders are equipped with heavy-duty, extremely efficient Stage V engines that meet local CEV IV pollution standards, demonstrating Volvo’s unwavering commitment to the environment.
JCB India, India’s premier producer of earthmoving and construction equipment, unveiled the JCB 19C-1E, the industry’s first entirely electric excavator, at Excon in Bengaluru. The JCB 19C-1E is a key component of JCB’s ‘Road to Zero’ campaign.
The JCB 19C-1E is a zero-emission machine with four lithium-ion batteries that provide enough power for a full day of operation on a single charge. JCB’s 2GO system safely isolates all controls as a secondary safety system, with a strong focus on safety and productivity.
It has auto-idle and auto-kick-up features that redistribute power to save battery life. The machine was released after extensive testing and validation.
In order to advertise and sell construction and mining equipment made by the OEM on its platform, iQuippo, a digital marketplace for infrastructure equipment, has formed a strategic agreement with Kobelco Construction Equipment India (Kobelco).
Customers of iQuippo will be able to select from a variety of equipment made by Kobelco thanks to the non-exclusive agreement. They will also be able to purchase this equipment using finance plans from financial institutions, negotiate rates online, and get real-time offers that are tailored to their financing requirements.
With the help of a partnership with the top manufacturer of construction machinery, Xuzhou Construction Machinery Group Co., Ltd. (XCMG), CanLift Equipment Ltd., a company that specializes in aerial equipment and material handling, has expanded its product line and now has the exclusive right to sell all XCMG earthmoving equipment in Ontario.
With sites in Brazil, Germany, the USA, India, Uzbekistan, and China, XCMG has been in the forefront of the world’s construction machinery sector.
A Memorandum of Understanding between CECE and ICEMA has been signed, expanding the two continental organizations’ collaboration. It is improving trade and collaboration between Europe and India in construction machinery. Understanding reciprocal market developments and enhancing market access and international trade are the key goals of the collaboration.
The construction equipment market in India is witnessing a digital change due to IoT connectivity. Manufacturers are incorporating Internet of Things connectivity, GPS tracking, and telematics into devices. These developments enable remote diagnostics, predictive maintenance, real-time monitoring of equipment performance, and enhanced fleet management.
Automation and robots are becoming more popular in the Indian construction equipment market. Excavators and bulldozers that operate autonomously are currently being developed and tested. On construction sites, this ability to operate machinery without direct human input increases productivity, efficiency, and safety.
With an emphasis on sustainability and minimizing environmental effects, electric and hybrid construction equipment are gaining popularity in India. To cut emissions and increase fuel efficiency, manufacturers are creating electric versions of machinery like excavators, loaders, and cranes as well as hybrid solutions that mix electric and traditional power sources.
Advanced Control Systems: Computer-aided control and guidance systems, among other advanced control systems, are helping construction equipment in India. With the help of these technologies, machine functions may be controlled precisely and automatically, enhancing accuracy and productivity in projects like excavation, grading, and paving.
Telematics and Data Analytics: The Indian construction equipment sector is utilizing telematics systems and data analytics. While analytics technologies offer insights into the performance, use, and maintenance requirements of equipment, telematics enables remote monitoring and data collection. This data-driven strategy helps to increase overall efficiency, forecast maintenance needs, and optimize equipment operations.
Safety features and collision avoidance technology are being incorporated into construction equipment to improve safety on Indian construction sites. Operators have better sight thanks to proximity sensors, cameras, and radar systems, which also help them spot potential dangers.
The ability to operate machinery remotely from a safe distance is being built into construction equipment in India. This technology is known as augmented reality. Additionally, augmented reality (AR) technology is being used to improve equipment maintenance and operation. Directly on the operator’s field of vision, AR systems offer real-time overlays of information, such as equipment performance information or repair instructions.
Cummins India is set to commence production of its state-of-the-art 4.5-litre engine system for wheeled equipment. The construction equipment vehicle (CEV) BS-IV-certified engines were approved by the International Centre for Automotive Technology (ICAT).
JCB India has showcased Pothole Repair Machine developed jointly with inputs from the Central Road Research Institute (CRRI), to provide one one-stop solution for Roads and Highway maintenance.
Battery management and intelligence system provider ION Energy has a strategic partnership with lithium-ion battery pack manufacturer Wamtechnik to enable a European construction maker to deploy its first electric excavator.
CASE launched an advanced version of its eagle eye telematics solution developed in association with Bosch India. The new version will provide live tracking for the operating machine and will assist in Geofencing, by setting a predefined area on a map beyond which the machine will not work. This will help in alerting the user to any kind of theft or unauthorized usage of the machine along with device tempering alerts.
