Rajinder Raina, General Manager-Marketing, Escorts Construction Equipments (ECE)
“Given the government’s increased focus and an ambitious road building target, the global CE players are taking keen interest in the Indian road construction industry. The IRF World Road meeting, which is taking place this year in India bears testimony to the growth of this sector in the country,” says Mr. Rajinder Raina, General Manager-Marketing, Escorts Construction Equipments (ECE).

A sustainable, appropriate technology-based micro-enterprise with the capability to maintain rural, farm to market roads and transform them into reliable, all weather roads using unskilled labor with no heavy equipment, is one of the underlying principles for focus on roads by developing nations. The next step is to lay the black/asphalt top on these roads. One of the statements of Prof. C.K.Prahlad, which aptly describes the scenario, says, “Wealth creation can only occur if these people are engaged in producing some fundamental need of society. Improving the lives of the India’s poorest people would improve the lives of people everywhere by creating new markets and economic opportunities.”

Escorts Construction Equipments
Wealth and livelihood are created by ideas, products/services, facilities and organizations which support the human beings’ ability to create, produce and deliver products, goods and services. Consider the wealth creation impacts of democracy, electricity, farming, automobiles, assembly line factories, mines and other natural resource industries, rail, roads and transportation infrastructure, banks, accounting and legal firms to name a few. All these ideas, products/services, etc. presume the existence of reliable, all weather roads for personal access.

Road transport minister Mr Nitin Gadkari had set an astounding and all-time high target of building 15,000 km of roads in 2016-17 but could only managed 8,200 km of roads. This construction figure, however, is the highest that the ministry has achieved till date and more than double of what the previous UPA government managed. Between 2009 and 2014, on an average 6 km to 9 km of roads were built per day. Gadkari had also set a target of awarding 25,000-km length under highway projects in 2016-17 as compared to 10,000 km last fiscal. He managed to award around 14,000 km by March 31. Though the target was missed, yet the figures hit an all-time high.

Delay in land acquisition and tepid response from private developers came in the way of the ministry meeting its target. But the Centre according priority to roads helped in achieving an all-time high construction and award figures.

From our industry perspective, all the major global players of Road Construction machinery are present in India and with their full arsenal. Today, the focus on road construction in India is like never before. No surprise that Traffic solution consultants, road safety equipment & service providers and knowledge disseminating agencies in road sector are making their presence felt as this is the logical next. The fact that International Road Federation is organizing the World Road meeting in India this year, bears testimony to road sector in India.

As for the statistics/data, the Q1 of the current fiscal saw about 1048 units of Vibratory Compactors sold which was 44% higher than the sales for same period the previous year. This growth was recorded despite demonetization. However, Q2 may see a fall as compared to the above basis due to following reasons: i) Very high sales in June’17 to avoid GST from July’17. ii) Non registration with retail hirers in particular. Iii) Lack of clarity on GST (multiple location registration etc) and preparedness (on line claim of ITC).

This will take some time to sink in and get the small time hirers to get ready. Not to forget the very high rate of 28% of GST which has increased the asset value and thereby the requirement of initial payment (down payment) from the hirers. The impact is going to be temporary and the mark is expected to go up from Q3 and make up for the drop in Q2 by the end of H2. I reckon H2 will see a sale of 2000 to 2200 units plus. A total of 4000 units for the year 2017-18 look possible. This is based on the works awarded/in the pipeline. I am certainly not a Soothsayer.
Click Here
To Know More or to Contact the Manufacturer
Please let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Invalid Input
Invalid Input
Invalid Input
All our machines are Biodiesel compatible andsssss shifting to biodiesel helps you save 20% in the cost. The bigger machines can use B20, while the smaller ones like compactors can use B7. For machines with B20, the service intervals for the engine will be reduced

Read more ...

CASE Construction has introduced a series of new products like the 770 NXe 49.5hp, the 770 EX Plus, & 851 FX CP backhoe loaders, the 1107EX Soil Vibratory Compactor, the CX220C LC-HD Excavator, and the 845C Motor Grader. Says Puneet Kumar Vidyarthi

Read more ...

VIBRANT introduced 180TPH Hot Mix Asphalt Batching Plant in EXCON, which has received good response. As NHAI has made stringent the commissioning of large stretches of Roads on a timely basis, the scope for Larger Capacity plants are seeing

Read more ...

SDLG is offering a new range of wheel loaders and motor graders such as the L Series, 7-tons L975F wheel loader, and the 5-ton L958H wheel loader. Says Surat Mehta, Head of SDLG Business in India, “We are offering the 7-ton wheel loader to meet demand

Read more ...

Wacker Neuson’s range of medium and large reversible plate compactors have built-in Compatec, Remote Control, and multi-direction functions. The Plate Compactor models DPU4545Hech, DPU6555Hech, and DPU80r are not only powerful for doing faster compaction

Read more ...

Since August 2021, Hamm has supplied new compactor models from the HC series to the Indian market. The machines, weighing 11t, are available with or without a drum drive. All machines fulfil the requirements of the CEV Stage IV. At 90 kW (121 HP)

Read more ...

Replacing the old runway of Shah Amanat International Airport, Chattogram with a new paved and diligently reconstructed runway was a challenging task. It was the only runway available at the airport and was also used by the Bangladesh Airforce

Read more ...

For EXCON, Volvo CE India lined up an interesting mix of time-tested, quality machines and brand-new exciting equipment. On display was a new model - the EC300DL Block Handler (BH) Crawler Excavator which is custom-built for the quarry

Read more ...

At Excon, Ammann displayed its wide range of asphalt batching plants which are known for their superior productivity, efficiency, and cost effectiveness. These technologically superior and higher capacity products are being widely used across India

Read more ...

At Excon, Mahindra’s Construction Equipment Division (MCE) announced the expansion of its road construction equipment range with the launch of the brand-new Mahindra RoadMaster G75 Smart - ‘Profit Ka Partner’

Read more ...

Lintec & Linnhoff Holdings (LLH) and the Gainwell Commosales Private Limited (formerly Tractors India Private Limited) have signed a strategic manufacturing and distribution partnership agreement at Excon to cement an even greater presence

Read more ...

BEML displayed construction equipment models of different capacities embedded with the latest technologies at Excon. Products included models BD85 and BD50HST in the Dozer category, model BG505I and BG405A under Motor Graders with emission norms

Read more ...

Gujarat-based asphalt batch mix plant manufacturer Ashitech presented its rated star model of 160 tph Asphalt Mixing Plant at Excon which is RAP-enabled by up to 30%, and with its indigenously designed burners it can run on 3 types of fuels

Read more ...

Wacker Neuson Equipment has successfully launched a range of larger Reversible Plate Compactors with Compatec technology in India. These plates are not only powerful to perform faster work but also are able to inform the operator

Read more ...

The Ahmednagar Bypass Road Project - NH-61 was inaugurated by Road Transport & Highway Minister, Shri Nitin Gadkari. The 527 km long and 4-Lane wide road includes the section of Ahmednagar Bypass from km 163.400 of NH-160 to km 228.700

Read more ...

India has the second-largest road network in the world, spanning a total of 6.39 million kms as per Economic Survey 2021. This road network transports 64.5% of all goods in the country and 90% of India’s total passenger traffic uses road network

Read more ...

The new MOBISCREEN MSS 802(i) EVO offers users a mobile, efficient screening plant that is designed to meet challenges in different application areas. With its well-thought-out plant design and flexible conversion options, Kleemann

Read more ...

During the construction of a motorway between Vadodara and Mumbai, Wirtgen SP 1600 demonstrated its impressive performance and set four world records. The major Vadodara-Mumbai Expressway project is part of the 1,350 km Delhi-Mumbai Expressway

Read more ...

Gujarat based asphalt batch mix plants and allied equipment manufacturer, Ashitech Equipments, is bullish of the company’s export business gathering steam with the recent order for 21 units of truck mounted bitumen pressure

Read more ...

Atlas Copco, a leading innovator in portable air compressors, light towers, pumps, and handheld tools, has launched HiLight V5+ LED Light tower that includes a HardHat® canopy as standard, which ensures protection

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.
Click here to subscribe.