The mini excavator is garnering attention due to its versatile applications, affordable initial purchase and operating costs, and high rental demand. As the demand scenario for this compact machinery evolves, manufacturers are focusing on integrating advanced features to improve its versatility, performance, and safety. The 3T class of mini excavators is experiencing consistent growth in India, gradually overshadowing the popularity of the market-originating 2T class, while the 5T class contributes minimally to the construction market. The 3T’s attractive pricing makes it the most popular choice among customers, accounting for approximately 80% of mini excavator sales in the country. Industry estimates anticipate the Indian mini excavator market to expand by 5,000 units by 2030.
But that does not mean that the mid-range and large excavators will see diminishing demand. In fcat, considering the complexity of projects and the gigantic sizes, these excavators are very much in the fray.
Perhaps, this is one segment that also sees the highest number of launches. Recently, Kobelco Construction Equipment India introduced its new Made in India SK80 excavator. The SK80, an 8-ton category mid-segment excavator, is designed to deliver superior performance with better fuel efficiency and best-in-class versatility. Equipped with Yanmar Engine, it features an eco-friendly engine that reduces fuel consumption and emissions. This not only lowers operational costs but also minimizes the environmental impact.
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.
Already a subscriber ? Sign In
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.
Already a subscriber? Sign In
ASK PROPERTY FUND, KREEVA, AND SPRE COME TOGETHER For a residential project
ASK Property Fund, Kreeva (the real estate arm of Kanodia Group) and Shapoorji Pallonji Real Estate have announced joint development of a residential project in Sector 46, Gurugram, with a joint initial investment of Rs 270+ cr. Spread across 1.74 acres, the project shall generate top-line revenues exceeding Rs 1,200+ crore over the next five years.
SWREL BAGS GUJARAT SOLAR PV PROJECT Will include O&M
Sterling and Wilson Renewable Energy (SWREL) has received LoI for a new order totaling approx. Rs 1,200 crore in Gujarat.
HOW RICH PEOPLE ARE MAKING THEIR MONEY
Dr Prashant Thakur, regional director & head, research, Anarock Group, highlights some USPs
THE SURGE OF PLOTTED DEVELOPMENT IN REAL ESTATE
Rohit Cariappa, director, sales & CRM, Assetz Property Group, on some trends
BRIGADE CITRINE WILL BE INDIA'S FIRST NET-ZERO RESIDENTIAL DEVELOPMENT
Brigade Group has launched Brigade Citrine, a residential project that sets new benchmarks in sustainable living.
FAR-SIGHTED?
Industry veterans look into the crystal ball and voice their thoughts
TREADING CAREFULLY
Off-the-road tyres are not being taken lightly anymore
IN A LEAGUE OF ITS OWN
bauma ConExpo India 2024 held its own with cutting-edge technologies and innovations
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.
Global standards
Glass Wall Systems has been revolutionising the facade industry