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Indian CE Market: AN Overview

Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.

Backhoe loaders:Leading the Growth

At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.

Lubricants for Mining applications

Equipment working at mining sites need to perform reliably and efficiently, without major breakdown and other issues. Safe and efficient operation is imperative for mining equipment to increase productivity and safety in mining operations. Lubricants play a major role in this by minimising wear and tear of machinery parts and safeguard the equipment in the harshest conditions.

AN EVOLVING MARKET

Aerial work platforms are not just machines that ensure safety to people when they are working at height but alongside it vastly increases productivity. Work can be done more efficiently and quickly, and timelines can be met.

Bauma is an important platform for the industry

Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.

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