Demand for all-terrain cranes doubled in 2018

01 Aug 2019 Editorial Team

The market for all-terrain cranes in India is a niche one; typically, barely 12-15 new units from Germany, US or Chinese manufacturers are sold annually, observes Anil Bhatia, Vice-President, Sales & Marketing, TIL Ltd. TIL Ltd markets the Grove all-terrain crane in the 100 t to 450 t range.

However, last year, demand for all-terrain cranes suddenly jumped to 20+ new units. And this year, Bhatia expects the demand to more than double with hirers placing most of the orders.

“Mostly rental companies are buying all-terrain cranes,” agrees Andreas Cremer, Global Product Director for All-Terrain Cranes, Manitowoc. At bauma 2019, Manitowoc launched an impressive new unit in the five-axle category and two new three-axle models. The new GMK5250XL-1 includes a 78.5-m boom, the longest in the five-axle category. It appeared alongside the three-axle GMK3050-2 and GMK3060L, both making their first public appearance. All these models are manufactured in Europe but available in India. At the launch, Cremer said the new models underline the company’s ongoing commitment to building cranes that offer outstanding return on investment. “We believe in developing cranes our customers can use in a wider variety of projects for better return on investment.” he said.

Indeed, versatility is a key concern of crane rental companies for making the product appealing to a wider segment of users.

“An interesting feature of the demand for all-terrain cranes in India is that it is gradually veering from used models towards new machines, in view of end-users being more conscious of safety,” says Bhatia. “This is significant in view of the high ticket size of each crane, roughly over 1 million Euro.” He identifies the railway, flyover, metro, refinery, windmill and, in future, the bullet train project as key sectors driving this demand.

The AC45, a small all-terrain crane, also called a city crane for offering the most compact dimensions in its class, and the all-terrain AC300-6 are some newer crane models launched by Terex Cranes in India.

CHARU BAHRI

The market for all-terrain cranes in India is a niche one; typically, barely 12-15 new units from Germany, US or Chinese manufacturers are sold annually, observes Anil Bhatia, Vice-President, Sales & Marketing, TIL Ltd. TIL Ltd markets the Grove all-terrain crane in the 100 t to 450 t range. However, last year, demand for all-terrain cranes suddenly jumped to 20+ new units. And this year, Bhatia expects the demand to more than double with hirers placing most of the orders. “Mostly rental companies are buying all-terrain cranes,” agrees Andreas Cremer, Global Product Director for All-Terrain Cranes, Manitowoc. At bauma 2019, Manitowoc launched an impressive new unit in the five-axle category and two new three-axle models. The new GMK5250XL-1 includes a 78.5-m boom, the longest in the five-axle category. It appeared alongside the three-axle GMK3050-2 and GMK3060L, both making their first public appearance. All these models are manufactured in Europe but available in India. At the launch, Cremer said the new models underline the company’s ongoing commitment to building cranes that offer outstanding return on investment. “We believe in developing cranes our customers can use in a wider variety of projects for better return on investment.” he said. Indeed, versatility is a key concern of crane rental companies for making the product appealing to a wider segment of users. “An interesting feature of the demand for all-terrain cranes in India is that it is gradually veering from used models towards new machines, in view of end-users being more conscious of safety,” says Bhatia. “This is significant in view of the high ticket size of each crane, roughly over 1 million Euro.” He identifies the railway, flyover, metro, refinery, windmill and, in future, the bullet train project as key sectors driving this demand. The AC45, a small all-terrain crane, also called a city crane for offering the most compact dimensions in its class, and the all-terrain AC300-6 are some newer crane models launched by Terex Cranes in India. CHARU BAHRI

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Real Estate

04 Jun 2026

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..