HCC is executing Sainj Hydroelectric Project which is a run of the river development on river Sainj - a tributary of River Beas in Kullu District of Himachal Pradesh

From a global perspective, the equipment rental industry in India is in its nascent stage. Currently, the average off take for rental is 7-8 per cent of the annual equipment production in India as against up to 80 per cent in developed countries like UK, South Korea and others.

Large number of heavy cranes has entered the market. Companies like Reliance have purchased their own cranes. As such rental would be very difficult when infrastructure development commences within next six to nine months.

To begin with, used equipment segment is a highly disorganised sector... Authentic and structured market data for used equipment is not available for India, because no market surveys or analysis have been carried out so far.

In India it is becoming a trend to opt for newer cranes because the selection parameters are stringent and green initiative consciousness with multi nationals

As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ´Hydra´, was introduced in India

A Potain HD 32 tower crane from Manitowoc´s stockyard in France has been refurbished at the Manitowoc EnCORE facility in Baltar, Portugal, and sold to Talib & Shamsi Constructions in India. Amjad Shamsi, Managing Director of Talib & Shamsi Constructions, said.

Modern vehicles in future must be more mobile and manoeuvrable. This trend is also expected to continue with backhoe loaders.

Infrastructure firm IVRCL has won contracts worth Rs 351 crore in Karnataka related to irrigation and drinking water projects.