The Right Load
Construction Week|September 2018

With a view to improve operational efficiency & safety, modern wheel & backhoe loaders come equipped with technological advances that are further aiding their popularity and numbers.

Mitalee Kurdekar
The Right Load

The market for wheel & backhoe loaders is seeing a spurt in its growth rates. Being a common construction equipment for many decades, the market in India for these products is increasing to meet the demand of fast-paced construction activities both in the public sector as well as the private sector. With many infrastructure projects in the public domain now being executed through the PPP model, the impetus to complete them in a shorter time-frame means that the use of such equipment will rise, resulting in much stronger demand.

While some prefer wheel loaders over backhoe loaders given the obvious benefits of mobility, flexibility and low maintenance costs, larger sites opt for backhoe loaders based on the advantages it offers in terms of fast pace of work and operator convenience. In short, both products have a sound future in store.

An interesting feature of the global demand for such loaders is that it seems to originate more from the Asia Pacific region, particularly from China and India. This is no surprise, as increasing globalisation has ensured that economic activities have shifted to China and India. With farmlands and rural areas in these countries giving way to industries and consequent construction activities, it is natural that the demand for loaders and like construction equipment will spiral upwards. With an eye on costs to remain competitive, these countries are gearing up for the use of modern automated equipment more than ever before, and this is leading to technological advancements in this arena.

LOCAL OUTLOOK

The Indian Government’s initiatives and focus on implementing new infrastructure projects has been a key catalyst for the loader industry in the country. Efforts around the Make in India programme, which some OEMs have taken advantage of, have added a further impetus.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM CONSTRUCTION WEEKView all
INFRA COMPANIES
Construction Week

INFRA COMPANIES

In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.

time-read
7 mins  |
November 2024
Global standards
Construction Week

Global standards

Glass Wall Systems has been revolutionising the facade industry

time-read
2 mins  |
November 2024
STRIKING THE PERFECT CHORD
Construction Week

STRIKING THE PERFECT CHORD

The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength

time-read
2 mins  |
November 2024
REAL ESTATE
Construction Week

REAL ESTATE

For the past six years, we have resorted to ranking Top 100 real estate and infra companies.

time-read
8 mins  |
November 2024
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Construction Week

THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES

Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends

time-read
3 mins  |
November 2024
DESIGN PAR EXCELLENCE
Construction Week

DESIGN PAR EXCELLENCE

Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay

time-read
3 mins  |
November 2024
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
Construction Week

dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA

dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.

time-read
2 mins  |
November 2024
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Construction Week

GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!

Will develop a group housing plot at Golf Course Road in Gurugram

time-read
1 min  |
November 2024
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
Construction Week

SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E

First phase comprises 2.1 million sq-ft

time-read
1 min  |
November 2024
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Construction Week

HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
4 mins  |
October 2024