Barkat Cranes: Providing Comprehensive Solutions
How is the market for heavy lifting equipment like cranes meeting demand in view of the numerous ongoing infra construction projects?
India’s infrastructure sector is booming with the creation of mega projects like metro rails, bridges, flyovers etc - all of which require equipment for lifting and placing heavy elements like prestressed girders etc. The Ahmedabad-Mumbai Bullet Train project alone has deployed about 1200 cranes and more will be needed, plus, there is talk of a Delhi-Ayodhya bullet train.
In such a scenario, demand for cranes has increased drastically; in fact, it is already outstripping supply; the waiting time for a new crane is now three months. Crane rental rates have also gone up: a year ago, a 100-ton crane would fetch Rs. 4.5 lakh; now its rental rate is Rs. 6 lakhs.