We have a long-term expansion plan for India
Equipment

We have a long-term expansion plan for India

Bonfiglioli Transmissions has recently expanded its manufacturing facility in Chennai to double the production in India. Kennady V Kaippally, Country Manager, Bonfiglioli India, shares more...Key focus areas: We have three business units. The industrial s...

Bonfiglioli Transmissions has recently expanded its manufacturing facility in Chennai to double the production in India. Kennady V Kaippally, Country Manager, Bonfiglioli India, shares more...Key focus areas: We have three business units. The industrial segment serves process industries and mobility; the wind business focuses on off-highway equipment and wind turbines; while mechatronics focuses on electronics integrated products. In the off-highway sector, we are a major player in each of its various segments. Most of the road construction equipment run on our drives now, and we want to continue this success. We are the market leaders in the concrete equipment segment with significant presence in batching plants, concrete mixers, transit mixers and self-loading mixers. The biggest segment by far continues to be the hydraulic excavators. Naturally, this is one application segment that is close to our heart and which is our strength as well. This will be a key focus area for us as we are expanding our penetration in this market. Technologies for productivity: We have the smart product range that we started a few years ago with integrating sensors, used for collecting data and delivering services to our customers. Some of these products like the swing drive are equipped with sensor units that deliver data, which is collated to provide assistance in predictive maintenance or monitoring applications. Similarly, we have solutions to monitor lubrication conditions and provide scheduled interval for maintenance, specifically in harsh environments. These technologies become more valuable when we serve the market like large mining excavators, where downtime is critical, and so, there is a greater need for predictability. We are now doing projects for material handling and warehousing equipment, using similar concepts in electric drives for monitoring these applications.Expansion plans: We have expanded our production facility in Chennai, enabling us to double the capacity to meet the growing market demand. We think the current economic slowdown is temporary in nature and the inherent demand for infrastructure remains high in India. This inherent demand has to translate in higher equipment sales and our expansion plans will help us to cater to this expanding demand. We are also focusing on the export market. Last year, our exports were around 20 per cent and this year it has gone up to 35 per cent. Next year, we expect our export to be 40 per cent of our business. So, we continue to leverage competitive manufacturing footprint to gain market share as well. Excon as a platform: Excon is becoming an important event as the construction equipment market has grown significantly in the recent past. We started our business in India of producing drives for the industrial segment, and after that, grew strongly in the wind business. In the past few years, we have been moving more into the mobile equipment where we are global leaders in several applications. So, Excon becomes an important platform for us to showcase our product offerings. This year, the expo has been far better than expected. We thought that the sentiments and the reactions will be muted, owing to the slowing of demand, but it is heartening to see that people are optimistic.      

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The use of technology is only going to increase

Didier Colin, Senior Director, Sales and Distribution, Trimble, CIS division
Excon: Here at Excon we have seen a fast-growing interest in our technology. In India, we see a lot of growing interest from contractors who have heard about our systems. They ask us; tell us more about your system. What can I do with it and how can it benefit us? I'm doing this type of project, using this type of machine and working on this project, so what would you recommend and how can I adopt this technology on my job site? Many OEMs are connecting with us and they're asking how they can impr..

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Equipment

Schwing Stetter announces entry in CE sub segments

Schwing Stetter India, one of the country's leading concreting & construction equipment manufacturers, recently announced new product line-ups at Excon 2023; the launched vehicles to strengthen the Schwing Stetter ecosystem and help address the pain points of the CE-subsegments mining, ports, material handling and road and highway infrastructure in India.

In addition, the company reported revenue of Rs 5,000+ crore in 2023 and credits its double-digit Year-over-Year (35% in 2023) growth to its continued R&D investments, unwavering focus on long-term growth plans, portfolio e..

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Equipment

BKT unveils advanced mobility solutions at EXCON

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Equipment

JLG Launches Upgraded SkyTrak 8042 Telehandler

JLG, a renowned leader in access equipment innovation, has rolled out its latest game-changer in the construction industry ? the redesigned SkyTrak 8042 Telehandler. This groundbreaking overhaul aims to revolutionize telehandler operations with a focus on lighter weight, advanced control systems, and enhanced features.

The SkyTrak 8042 Telehandler, boasting an impressive 8,000-pound lift capacity and reaching up to 42 feet, has undergone a complete transformation from its predecessors. Joining the ranks of the 6,000-pound-capacity models released earlier, this redesign marks a significa..

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Equipment

Loftness launches 24SG Stump Ax; low-flow excavators

Loftness, a renowned name in equipment attachments, has introduced its latest innovation, the 24SG Stump Ax stump grinder attachment. Specifically designed for lower-flow skid steers and excavators, this cutting-edge tool features a compact 24-inch cutting wheel, catering to machines with hydraulic flows ranging from 17 to 35.9 gallons per minute and hydraulic horsepower between 30- 80. Powered by a robust 110cc high-torque radial piston motor, the 24SG Stump Ax promises ample power and rapid recovery rates, ensuring efficient stump grinding operations. Building upon the success of its predec..

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