Mini equipment on a roll: Industry speaks

09 Mar 2021 CW Staff

In the mini-equipment space, after late June 2020, experts say, there has been a sudden rise in the sales of compact excavators, compactors, loaders, and other equipment segments, as manpower shortages owing to labour migration forced contractors to look at alternatives for quick completion of projects.

Overall, the construction equipment industry witnessed 20% year-on-year (YoY) volume growth in Q2FY21, followed by double digit growth in October and November 2020. Machines were even launched right in the middle of the pandemic.

Deepak Shetty, CEO and MD of JCB India, Jalaj Gupta of Mahindra & Mahindra, Dheeraj Panda of Sany Heavy Industry India, Rahul Shorey of Tata Hitachi, and Sandeep Mathur of CASE India share insights.

What is the future outlook of the segment? What are some trending models and new launches by the key players? What does the industry wish list look like? And how is the industry gearing up for the new emission standards? This article analyses how innovation will create new applications for the mini segment, while government investments will spur demand.

Click here to read the full story.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..