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Ashok Leyland has recently received an order of 1,560 trucks from VRL Logistics Limited (VRL), which is one of the largest logistics companies in India. This order is for AVTR 3120 and AVTR 4420 TT models of Ashok Leyland. These trucks have all the advanced features to bring more efficiency and profitability to VRL’s expanding fleet. Sharing his views on the order, Shenu Agarwal, MD and CEO, Ashok Leyland, said, “VRL Logistics and Ashok Leyland have a longstanding association which is beyond th

Broad-basedgrowth in equipment sales is expected to resume this year, with the marketforecast to rise 10 per cent, according to a recent analysis by Off-Highway Research.This will be driven by a range of infrastructure investment plans.

The mostrecent high in the Indian construction equipment industry was in 2018. Themarket was disrupted in 2019 by the general election, which always causes adownturn in sales due to the legal requirement to suspend the award of publicworks contracts once the election is announced in case this is used as amechanism to curry undue favour with voters.

The marketsank further in 2020 due to the pandemic and only recovered modestly in 2021 asfurther Covid variants impacted the country. This continued into 2022 to someextent, but more significant was the impact of inflation, which increasedequipment prices and adversely affected the financial viability of constructionprojects.

As aresult, the market only achieved a modest 2.0 per cent rise in sales last year.However, within this disappointing overall picture, crawler excavator salesgrew 10 per cent, largely at the expense of backhoe loaders.

With ageneral election due in 2024, this year’s budget has a particularly strongemphasis on investment as Prime Minister Modi seeks a third term in office. Unfortunately,the election next year will temporarily derail growth and there will be furthermarket-specific disruption due to the introduction of CEV Stage-V emissionslaws in April 2024, notes Off-Highway in its analysis on the constructionequipment market in India.

However,Off-Highway Research remains bullish about the medium and long-term growthprospects in the Indian market, and expects equipment sales to resume theirascent from 2025 onwards.

 


Proof of the pudding

BIPL compliments Ammann Apollo for a workhorse – the ARS 121 Soil Compactor.

Do Ammann compactors really eliminate passes? Avinash Bhartia, Director of Bhartia Infra Projects Ltd. (BIPL) certainly believes so. Writing to the Ammann Apollo team, he states that BIPL has been able to achieve the compaction in fewer passes, “which is resulting in overall savings in diese   READ MORE...
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A CASE in point

CASE India has maintained a leadership position in the Indian subcontinent, thanks to its market leading products, ever increasing loyal customer base and its transparent and ethical business conduct, writes Ajay Aneja.



Ajay Aneja, Brand Leader, CASE India.

Infra development has always been a priority for the government. I   READ MORE...
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Machines for India’s Next Gen Infrastructure

JCB introduced a wide range of innovative and intelligent machines which exhibit a blend of technology and digital innovation to meet the demand for world class machines to build India’s Next Gen infrastructure, writes Jasmeet Singh.

Roads and Highways continues to be a strong growth driver for the Construction Equipment industry  and many big ticket proj   READ MORE...