Barkat Cranes: Providing Comprehensive Solutions
Deepak Vig, COO, Barkat Cranes and Equipments, shares his views on what’s driving demand and competitiveness in the market for cranes, and gives information on his company’s capabilities in executing mega infra projects with their wide fleet of cranes and timely aftersales services.
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.
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.
This is a premium article available exclusively for our subscribers.
If you are already a subscriber, please Login
If not, subscribe now and get access to well researched articles & reports on infrastructure construction, equipment & machinery, innovations & technology, project reports, case studies, and more. All this by simply paying just ₹200/- for a month of complete portal access, or a discounted rate of ₹1000/- for a full year of access.
Lifting & Specialzed Transport, March - April 2022