The Union Budget 2019-20 will be presented before this issue comes out in the market. The Budget is expected to provide the continued support to the infrastructure development of the country. The mega projects planned by the previous government are expected to progress towards completion while new projects take off with the support of the new Budget proposals. The country's construction equipment market is looking for new avenues of growth.
Mobile cranes are the most standard and versatile type of cranes used in infrastructure projects. Dominated by pick-and-carry cranes, the mobile cranes market in India is slowly moving towards slew cranes with pick-and-carry features. The market leader ACE has introduced next-gen mobile cranes and multi-activity mobile cranes with the combinations of pick-and-carry-cum- telehandler and pick-and-carry-cum-aerial work platforms. Medium and heavy duty mobile cranes market is also picking up with more big capacity projects in the pipeline. Rentals play major role in the growth of mobile cranes market constituting 70-75 per cent of the total business. How is the mobile cranes market progressing in India? Read the 'Cover Story' to know more on this.
Mini construction equipment makes a big difference in the construction and infrastructure segment contributing to the last-mile jobs in projects. They also contribute in a big way to rural and urban infrastructure projects. Working comfortably in confined spaces, these compact machines are expected to become an inevitable part of construction equipment market in India, in spite of large projects demanding bigger equipment. The "Feature" elaborates more on the market and technology trends in mini equipment such as mini excavators, mini compactors, skid-steer loaders, etc.
Underground mining is an extremely tough method to dig out the mineral deposits deep under the earth. Metals such as zinc, copper, silver and gold are produced from ores mined by underground mining methods. In India, with the growing demand for zinc and copper, the underground mining is expected to pick up in the coming years. In spite of the risk and cost involved in underground mining, use of modern equipment and smart technologies can make this method safer and productive. The "Focus" elaborates on the latest equipment and technologies that make relatively risky and complex underground mining process simple and productive.
Bearings are important components of construction equipment to ensure smooth operation of the product. These bearings come with special features to meet the harsh and severe operating conditions of construction equipment. Bearing manufacturers are now focusing on advanced features that provide longer service life for the bearings and thus the equipment. The "CASH" feature elaborates more on the product and technology trends in bearings for CE applications. Also read other regular columns for more information on the industry.