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

AJAX: Resilient & Resourceful

Debasis Bhattacharya, Head – Marketing, Sales & Product Support at AJAX Engineering, discusses what is making AJAX even more resilient and adaptive, as it finds ways to remain competitively strong despite the current slowdown Read More ...

Vermeer India: In the Forefront of Trenchless Technology

T. Ramesh, Country Head, Vermeer India, speaks on the widening scope of trenchless technology and solutions offered by Veermer for India’s infra development sector. Trenchless solution is used in constructing infrastructure Read More ...

INNOMAC: On a Roll

In 2019, Bangalore-based INNOMAC Engineering Industries launched a range of construction equipment such as Bar Cutting Machines, Bar Bending Machines, Suspended platforms, Hydraulic Home lifts and Building Maintenance Systems Read More ...

Louis Berger Tunnelling Through Challenges

Kshitish Nadgauda, Senior VP & MD – Asia, Louis Berger, shares information on the challenges encountered during tunnelling in the mountainous terrains of J&K and in the busy streets of Mumbai. Louis Berger has completed Read More ...

Wacker Neuson: Zero emission is the future

The Wacker Neuson Group continues to make targeted investments in research and development to expand its portfolio and position as a leader in technology in its core markets. The Group is actively working on new technologies Read More ...

Volvo Trucks: Adapting to Evolving Markets

Volvo Trucks International is enhancing its hauling capabilities, creating digitized interface in its products, and meeting the new emission regulations. Roger Alm, Executive Vice President, Volvo Group & President, Volvo Trucks Read More ...

Epiroc: Strong in India

Jerry Andersson, Managing Director, Epiroc Mining India, shares the reasons behind the company’s sustained growth in India over 60 years. Epiroc has completed 60 years in India, during which time, our machines have helped Read More ...

Ashitech to launch higher capacity asphalt batch mix plants

In a bid to target big contractors working on long stretches of the National and State highway and road projects, Gujarat-based asphalt batch mix plant manufacturer Ashitech will be launching 180-200 tph asphalt batch mix plants Read More ...

KYB Conmat - Developing tech-rich competitive products

Japanese Concrete Equipment manufacturing conglomerate, KYB Conmat has launched a new range of compact batching plants of 30-45-60 cum/hr capacities; wheel loaders of 1.2 cum and 1.6 cum; a new range of tower batch Read More ...

Tata Hitachi to scale up business with more products

Based on an evaluation of customer requirements, Tata Hitachi is introducing new, more sturdy machines; It has re-entered the backhoe loader market with its Shinraj model and plants to increase its product portfolio going forward Read More ...

PMP offers complete package of solutions to OEMs

PMP industries will continue to provide higher levels of equipments performance optimization through its integrated solutions for India and global markets. The company is offering a range of solutions for varied verticals of construction Read More ...

CASE India enters new product segment; launches its well tested 20-ton Made in India Excavator

The CNH Group is doubling its investments in India and consolidating its market presence by offering a value proposition to its customers. Neil Woodfin, VP AMEA and CE Global Alliances, CNHI International SA, and Raunak Varma Read More ...

Customer Satisfaction is at the heart of Mahindra

Vinod Sahay, CEO, Mahindra Truck and Bus Division and Mahindra Construction Equipment Division, shares the company’s plans for FY2020 keeping in view the current macro-economic factors. What growth prospects do you foresee in Read More ...

Manitou: Total Solutions Provider

From widening and upgrading its products to comprehensive aftermarket sales and support, Manitou South Asia is geared up to achieve sustained growth over the new year, says Hafeez Khan, Managing Director, Manitou South Asia. Read More ...

Liebherr places superior product offerings and services over pricing

Despite pricing being under pressure, Liebherr India will abstain from compromising on quality and safety of the product just to match the price offered by competitors. The company’s products will continue to be offered on the same Read More ...

Next Gen Compressors and Light Towers from Atlas Copco

Tony Van Herbruggen, General Manager, and S. Kumar, Business Line Manager, Atlas Copco Power Technique, Portable Air Division, share information on the company’s new technologically advanced products 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