Business Fuel showcased ‘metacrust.com', its unique online trading services and solutions for the heavy machinery industry that provides information on used equipment, and on rentals, leasing, financing options, spares, and after-sales services.

Surya Prakash
Business Fuel showcased its unique online trading services and solutions for the heavy machinery industry under its metacrust.com initiative. The recently launched Bangalore-based start-up is an end-to-end e-commerce platform acting as a Resource Centre, Decision Support System and a Ready Reckoner for the CE industry.

Surya Prakash, Co-Founder & CEO, says, "We offer a range of online solutions from selling new equipment to providing information on used equipment, and on rentals, leasing, financing options, spares, and after-sales services. There are 11 industry verticals represented on our portal. These broadly comprise of construction equipment, cranes, drilling, material handling and marine. We are continuously looking to upgrade our portal and by bringing in newer manufacturers on board, as well as dealers and service providers, so as to ensure right product and service availability to end-users of heavy equipment across the entire country."

Metacrust Construction Equipment
As per the company's market research, end-users in the heavy equipment industry have to deal with issues such as information gap on product type and availability, different pricing across regions due to different taxes being levied, inability to make proper comparisons between similar products of different brands, difficulty in financing, inaccessibility of spare parts, etc. Metacrust's objective is to be a one-stop solution to address all these concerns.

OEMs too have to contend with issues such as unqualified leads, increased cost of marketing, lead nurturing, and building customer rapport. "Metacrust aims to eliminate most of the pain points faced by the people engaged in the heavy equipment industry. No other e-commerce player or platform has made this kind of effort to bring in this kind of one click or one call platform for the heavy machines industry where most of the transactions largely remain offline," says Surya.
MYCRANE Launches Free Inspections App to Boost Confidence of Crane Rental Customers
A new Inspections App that allows customers to rent lifting equipment with confidence is now available at MYCRANE. Downloaded via Apple or Android stores, the free MYCRANE Inspections App helps prevent fraud and reduces risk by digitalising the crane

Read more ...

CE Industry Need to Find a Balance
With over two-thirds of construction equipment sold in the market being purchased by the rental industry, the market is seeing an imbalance in supply and demand, which has affected rental rates. Satin Sachdeva, Founder & Secretary General, Construction Equipment

Read more ...

Urgent Reforms Needed for Equipment Rental Industry
Global projections for construction equipment rental market are encouraging. According to Mordor Market Report, the construction equipment rental market was valued at USD 118 billion in 2021, and is expected to reach USD 180 billion by 2027

Read more ...

Crane Rental Business Adapting & Growing
Premal Thaker, President, Crane Owners Association of India (COAOI), discusses the scope and financial viability of the construction equipment / crane rental business, and the challenges that rental companies have to contend with in order to sustain their business

Read more ...

Infrastructure Projects Spur Crane Usage
According to Amin Ladha, Managing Director, Modern Crane Service, advantages such as mobility, fast installation and setup time, will increase the usage of mobile cranes and raise their demand in the rental market. Restrictions due to the government enforced lockdown during

Read more ...

Financial Viability Driving Crane Rentals
Manoj Kumar, Marketing Head, Gandhi Cranes, discusses the huge scope for growth of the crane rental industry, provided certain issues are addressed with viable solutions. The pandemic caused many small crane rental companies to sell their cranes. Many sold all their assets including

Read more ...

Rent-A-Machine - An Attractive Option
In this article, construction equipment manufacturing companies JCB, L&T, Case, GHH, and Kobelco, discuss the key factors that are driving their business in the rental space, while rental associations and companies like

Read more ...

Mahindra’s Hello Machine A Reliable Business Partner for Rental Equipment
“For developing countries to develop their infrastructure faster, machine rental is the most effective model in the construction space.” Jalaj Gupta, Business Head, Commercial Vehicles, Mahindra and Mahindra

Read more ...

Time for Rental Companies to Adapt, Consolidate & Perform
Challenging times, like the current pandemic, must drive industries to adapt to the situation, reshape their business strategies, and revisit their growth plans, in order to emerge stronger.

Read more ...

Time for Construction Equipment Rental Industry to Reinvent Itself
Covid-19 pandemic has hit the infrastructure industry severely, and consequently, the equipment rental industry is passing through a challenging phase. The work progress is sluggish and has not started at many sites since

Read more ...

Allcargo: Driving Crane Rental Business
With a fleet of 1000 equipment for all kinds of jobs and over 125 cranes, Allcargo Logistics is at the forefront of the crane rental service in the Indian subcontinent; it is not only providing the machines, but also has

Read more ...

Heavy equipment auctioneer RITCHIE BROS at bauma 2019
Ritchie Bros., a multichannel, multi-solution platform for buying and selling industrial assets, will present its main brands (Ritchie Bros. Auctioneers, IronPlanet, Marketplace-E and Mascus) and latest innovations.

Read more ...

Mtandt exhibits a revolutionary solution for creating  Temporary roads and terrains
Mtandt Ltd, a leading technology and service provider has done it once again ! A new revolutionary product "Portadeck" was showcased this time at the Bauma show. Portadeck was launched recently to meet the

Read more ...

India Bulls to expand fleet; become total solutions provider for many infra sectors
India Bulls Store, the fully owned, construction equipment rental agency and subsidiary of India Bulls Finance, is expanding its equipment fleet to make the machines available for varied applications. This will

Read more ...

Goldhofer's PST/SL-E and a taxi ride for King Kong
Occupying 20 hectares of land, the Vialand leisure park – with its 26 modern rides – opened in the Eyüp district of Istanbul in 2013 as the first leisure park in the whole of Turkey. Last spring, one of the main attractions

Read more ...

Allcargo Logistics: Surmounting challenges with ingenuous solutions
For India's leading biofuels company, Praj Industries Limited, it was a challenging task to transport a gigantic column — 64m long and weighing 150 metric tons — over a 600km distance from its Kandla SEZ unit

Read more ...

Universal Transport moves ultra-heavy components for an F60 opencast mining conveyor bridge
With the help of Goldhofer heavy-duty modules supplied by Trans A.D.M., Universal Transport, last summer, handled an exceptional transport challenge: delivery of huge replacement components for the

Read more ...

Logistics Industry Outlook, challenges, and technological developments
Logistics is regarded as the backbone of the economy, providing efficient and cost- effective flow of goods on which other commercial sectors depend. The logistics industry in India is evolving rapidly, it is the interplay

Read more ...

Specialized Transportation Room for Collaboration with Stakeholders
With industrial and energy-based projects such as wind power and refineries attaining higher proportions in India, there is need for more collaborative efforts amongst equipment manufacturers

Read more ...

Crane Rental Down, But Not Out
Business sentiments have been depressed in the crane rental industry across categories for some time, especially amongst owners of the higher class of crawler cranes. One of the reasons is the release of cranes from

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.
×