Larsen & Toubro

Arvind K. Garg, Executive Vice President & Head, Construction & Mining Machinery Business
Arvind K. Garg, Executive Vice President & Head, Construction & Mining Machinery Business

“L&T will be participating with an outdoor pavilion and showcasing products from Komatsu and L&T Construction Equipment, ranging from excavators, graders, dozers, compactors, pavers, wheel loaders and skid steer loaders along with a variety of attachments. There will also be a display of Rammer products, which we distribute in India. The major highlight will be the launch of Komatsu PC300-8 M0 and PC350-8 M0 machines, along with our new L&T products- Skid Steer Loader and Hydraulic Paver. We will also showcase our capabilities in digitalizing our products with the latest Information Communication Tools, besides genuine parts, recon capabilities and service support.”

The budgetary allocation for infra development has given the much-needed boost to the CE segment.

The government focus on infrastructure development has led to substantial growth in the CE business. The budgetary allocation has been higher than the previous year by 21% at $92 billion. This spending will be close to 10% of GDP and has given the much-needed boost to the CE segment. Hydraulics Excavator sales is likely to exceed about 23,000 units this year, registering a healthy CAGR @ over 25% over the last 3 years. Similarly, the Compactor market is expected to be close to 5,500 units with a CAGR of 30% over the last 3 years.

Backhoe Loader continues to be the largest selling equipment with an annual demand for about 42,000 units. The Wheel Loader industry is expected to cross 4,000 units with aggregate and quarrying driving the demand. The overall growth of these equipment is likely to be sustained and we expect a CAGR of 12-16% over the next three years.

PC300 8M0 Hydraulic Excavator

Our products related to the Road Machinery sector and Granite/Marble quarries saw the highest growth rate in 2018.

We, at L&T, registered a healthy growth across all product categories ranging from 22-55%, with products related to Road Machinery and Granite/Marble quarries seeing the highest growth. In addition, the new products we launched have been well accepted by customers. This is helping us to consolidate the manufacturing volumes in both Komatsu and L&T plants. Meeting anticipated demand in the next few years and gearing up for the future will be part of our agenda.

We are adding new outlets for sales of parts at multiple locations.

On the parts support infrastructure, we recently moved to a new larger, state-of-the-art warehouse facility in Nagpur, which will cater to our needs for the next 7-8 years. We are consistently adding outlets for parts sales at multiple locations from the existing level of 150+ units. Our Parts-on-Wheels program has found excellent acceptance from customers and we are working towards strengthening it. We have since added a new sophisticated Service Centre in Singrauli for repair of our machines and components, and it has given a big fillip to the coal belt areas. Initiatives on digitalizing product support is being undertaken to meet future requirements of our customers.

Training infrastructure is a focus area and one of L&T’s key strengths. We are regularly increasing our training programs in multiple locations and covering a wider gamut of customers and their staff in operation and maintenance of equipment.

LTS315R Skid Steer Loader

L&T’s focus is on delivering the best technologies with the highest lifecycle value.

We are focused on delivering the best technologies with the highest lifecycle value, which have been accepted well by captive users and customers with a longer ownership horizon. L&T operates in the premium segment and gives the best value for money in terms of productivity, operating cost, reliability and longevity. Be it the Komatsu range of Excavators, Motor Graders, Dozers, the Scania range of Tipper trucks, the Sandvik and L&T attachments or our own range of L&T Compactors and Wheel loaders, we are a class apart in offering the best technology and support to customers along with value-add packages which enhance the utilization and productivity of our machines.

Our highly popular machine care program ‘Suraksha 9000’ is the first such initiative in the Indian CE industry.

Superior asset utilization has become the key for a developer to complete his project as per plan. Proper and on-time maintenance is crucial to enhance availability, reliability and durability of machines. We demonstrate this through Product Support packages like Annual Maintenance Contracts, Full Maintenance Contracts, Site Support Arrangements and Availability guarantees.

Our machine care program Suraksha 9000 plays an important role in this direction. When a customer enters this scheme, he agrees to use Komatsu genuine oil and filters. In return the power train warranty is extended up to 9000 hours or 3 years. All mandatory services are carried out under the supervision of trained service engineers. This adds tremendous value to the customer to improve the lifecycle cost of his asset and to the reliability and efficiency of the machine. For the retail segment and hirers who have a shorter machine ownership plan, or customers who have Capex constraints, we are offering innovative financing options.

Energy saving training and tips are provided to operator and maintenance team. Preventive maintenance checks like Komatsu undercarriage inspection is carried out and shared with the customer along with the PM report. This scheme insulates the owner from the impact of unexpected major component failure and protects him from unexpected cash outflow for equipment maintenance.

L&T 9020 sx Wheel Loader

Forex currency fluctuation appears to be a temporary phase.

The Indian economy has been strong and getting better by the day and can definitely absorb certain fluctuations and challenges. We have a very responsive government at the Centre, which has always responded quickly and positively to such challenges. We have also taken several steps within the organization to minimize the impact of such fluctuations.

NBM&CW December 2018

Premium Transmission Expanding Operational Ambit

In India, the power transmission sector has witnessed unprecedented growth in the past few years, with line length and transformer capacity growing. It is imperative to say that both operational and financial performances of the transmission utilities Read More ...

Starworth Infrastructure and Construction Taking the Precast Way to Growth

Raj Pillai, Managing Director, Starworth Infrastructure and Construction, speaks on precast construction methods, challenges and advantages, and why selection of the right equipment, quality control, and following national building codes Read More ...

L&T: EPC Expert in Airport Construction

M. V. Satish, Whole Time Director & Senior Executive Vice President (Buildings, Minerals & Metals) of L&T Construction discusses the challenges and scope of infra development in both greenfield and brownfield airports and the company's Read More ...

Jindal Aluminium Limited: Preferred Supplier

Aluminium is becoming an integral part of infra construction projects like Metros, Smart Cities, etc. purely due to the material’s sustainable nature, avers Pragun Jindal Khaitan, MD, Jindal Aluminium Limited, and envisages demand Read More ...

CMRL: Unfazed by Challenges

With the inauguration of the final 10-km stretch between AG-DMS and Washermanpet, the entire 45-km first phase of the Chennai Metro rail network is now up and running. Thiru Pankaj Kumar Bansal, I.A.S, Managing Director, Chennai Metro Rail Limited Read More ...

Growth Ahead - Gurvinder Singh, Director, Amrik Singh & Sons Crane Service

We foresee a huge demand for cranes and other heavy vehicles in the Indian Infrastructure and logistic industry. In addition to the ongoing projects, multiple projects are expected to start within the next few months. These include major Read More ...

Globe Ecologistics Making Inroads

Major changes in the last decade include upgradation of technology of Vehicles & GPRS Technology with IT software, which have given better output/intime to logistical services. Even road infrastructure has improved a lot. At present Read More ...

Jungheinrich: Customizing Solutions for India

The Indian market is becoming more competitive and more players are coming in; it’s a challenge and also an opportunity for the industry to grow and upgrade, avers Manojit Acharya, MD, Jungheinrich India, during an interview with Maria R. Read More ...

ACE: Growing Capacity to become leading MHE Supplier

ACE offers a diverse range of material handling equipment to cater to the diverse needs of the warehousing industry. Under the MHE segment, we offer Diesel Forklift (1.5T-3.5T), Electric Forklift (1.5T-8.0T), LPG Forklift (35T), and an Read More ...

Putzmeister - Mechanization is Key

Ambitious development targets and increasing pressure to complete projects on time require an increased adoption of mechanization. As a result, although there are indications of an economic slowdown, we are seeing a steady demand Read More ...

Manitou India: Meeting Challenges Head-On

Manitou is bullish of driving its business of telehandlers, skid steer loaders and backhoe loaders in India as the demand potential of our solutions is quite promising. This is due to multiple factors, many of which are fundamental Read More ...

Escorts: Making Inroads into Global Markets

If you see global trends, we can say that our machines are at par with global features and technology integration. People are moving to safer equipment, autonomous operations, operator comfort, and are looking at highly efficient Read More ...

Terex: Indian at Heart

We are currently working on various new product development projects for the Indian and regional markets. There are multiple new models planned to be launched for our modular range and also some very exciting new additions for the Read More ...

Sachin Bhandari, CEO, VTP Realty

The Infrastructure sector is the backbone of the Indian economy as it is responsible for propelling the country’s overall development. The sector, therefore, requires dedicated focus from the government, which must formulate Read More ...

Jatin Goel, Executive Director, Omaxe Ltd

Infrastructure construction is expected to intensify in the next few years. The sector has seen dips and stagnancy, and now, with a stable government at the Centre, the sector should see a steady growth with the huge spend on Read More ...

Arun. G. Rao, Head of Engineering, - Assetz Property Group

Over the last few years, the growth graph of the Indian Infrastructure construction sector has been at a constant rise owing to the increase in housing demand. The development of highways, roads, metros, etc. has created a feasible Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week