Boost to CE Demand: Soon Work to Start on Mumbai Trans Harbour Link Project as JICA Clears Rs 7,910 Cr.

Soon the huge amount of construction equipment would require for the construction of Rs 17,750 crore Mumbai Trans Harbour Link (MTHL) project, as the work on India’s longest sea bridge project would soon hit the ground as Japan International Cooperation Agency (JICA) has recently cleared the first tranche of Rs. 7,910 crore, which is about 45% of the total cost of the project.

On 31st March, Japan International Cooperation Agency (JICA) and the Mumbai Metropolitan Region Development Authority (MMRDA) signed an agreement, in New Delhi, for the disbursement of the first tranche of Rs. 7,910 crore for MTHL project. The JICA has agreed to fund 85% of the total project cost of Rs. 17,843 crore.

The agreement was signed by Mr. Sakamoto, Chief Representative of JICA and Mr. U.P.S. Madan, Metropolitan Commissioner, MMRDA. The MMRDA is the nodal agency for implementing this project.

The consortium of AECOM-DAR-PADECO-T.Y. Lin have been appointed as general consultants for the project in which JICA has committed to fund 85% of the cost.

While commenting the loan agreement, Mr. Madan said, “This is a big boost to the Mumbai Trans Harbour Link as we have already shortlisted contractors, who have been issued Request for Proposal for the execution of the project.”

The MMRDA had invited tenders for the MTHL project and already shortlisted consortium of contractors for its three different packages. This 22km MTHL project is divided into 3 packages, the first two packages comprise the construction of 16.5km sea bridge component and a package for 5.5km long portions on land.

The authority shortlisted 7 consortium companies each for first two packages and 15 for the third package.

The last date for submitting the RFP (Request for Proposal) documents was April 5, 2017, the names of the final bidders are expected by the end of April or in May. The work on this project will kick-off soon after the final bidders will be selected, as the required fund is already cleared by the international investment banker JICA.

As JICA agreed to fund 85% of the MTHL project, the rest 15% fund for the project is to be managed by the state government, In MMRDA Budget-2017-18, the provision of Rs. 1,200-crore has paved way for the speedy implementation of this project.

The 22km-long Sea Bridge will be a six-lane (three lanes each way) with a width of 27 metres, will connect Sewri in Mumbai with Nhava in Navi Mumbai. The MTHL Project will give easy and fast connectivity between Navi Mumbai and Mumbai, International airport in Navi Mumbai, and provide the convenient gateway to Pune Expressway and further to Southern India.

This large infrastructure project would further generate the demand for various types of construction equipment in the Mumbai region. Heavy equipment like Excavators, bulldozers, asphalt mixers, different types of cranes, material handling equipment, fabrication equipment, Backhoe loaders, Motor graders, and others will see the demand during the construction period. The project will give a boost to both CE and rental market in the region.

The project is expected to be completed by 2021.

Source: Information has been obtained from MMRDA, JICA

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Another Boost To CE Industry, Cabinet Approves Rs 4500 Crore To Revive 50 Regional Airports

The Union cabinet on Monday has approved a proposal to spend Rs 4,500 crore for the revival and development of 50 un-served or under-served airports and airstrips in the country. The move would boost the Indian aviation sector and increase the regional connectivity.
As per the official statement, around 15 airports or airstrips will be revived during financial year 2017-18 and 2018-19 each, while remaining 20 airports or airstrips would be revived during FY2019-20.
The revival of these un-served or under-served airports and airstrips will connect small cities or towns on commencement of the operation of flights. The move will further boost the economic development in these areas and also create employments and related infrastructure in the surrounding areas.
“The Revival of airstrips/airports will be ‘demand driven’, depending upon firm commitment from airline operators as well as from the State Governments for providing various concessions as Airports will be developed without insisting on financial viability,” said the government in a statement.
During Union Budget 2016-17 Finance Minister Mr. Arun Jaitley had announced for making adequate provisions for revival of un-served and underserved airports in the country.
The huge investment of Rs 4,500 crore would further boost the Indian construction equipment industry, which is entirely depends on the infrastructure investment in the country, thus the CE manufacturers will continue to witness the remarkable sales growth for another year. Last year, as a result of the investment in infrastructure projects, especially in road sectors, the demand of construction equipment grew after a gap of four years.
The government had already announced the investment of Rs 3.96 lakh crore in the budget 2017-18 for the development and modernizations of roads, railways and ports sector. The government is committed to spread new railways lines of 3,500 km and allocated Rs 64,900 crore for the development of highways in the next fiscal, the investment would further drive the sales of road building equipment in 2017 after remarkable sales growth in 2016.
In budget 2017-18, the government alone allocated Rs 2.41 lakh crore for the transportation sector. The Indian government is mainly betting to improve urban transport infrastructure to meet the need of rising urban population in the country. Currently, various Metro rail projects are under way in cities Like Mumbai, Pune, Nagpur, Hyderabad, Chennai, Lucknow, Ahmedabad, Kochi, Kanpur, Noida, Navi Mumbai and others and other metro rail projects are under the planning stage.
Various research reports are also optimistic for the Indian construction equipment market and project positive sales growth on the back of government investment in infrastructure projects.

These Reasons Hold Value in Used Construction Equipment

The used construction equipment market is quite promising ahead in India as many people started realizing the need of using second-hand construction equipment in order to reduce their project cost.  The used construction machinery is having various other advantages which considered at the time of purchase.

The prime reason to prefer used machine is pricing. Contractors purchase the second-hand machines only to reduce their overall project costs. The other benefits which can consider at the planning stage are as follows:

Avoid depreciation
When you buy the used construction equipment means you are buying it in depreciated value. Usually, the price of construction machinery can depreciate around 20 to 40 percent in the very first year depending on the condition of the machine. As you have purchased the machine in depreciated value, its resale value will hold for a longer period and potential loss in selling used equipment is less compared to selling new equipment.
Maintenance holds value for long
As we said above, the potential loss in selling used equipment is less compared to selling new equipment. The real value of any used construction machinery entirely depends on its maintenance. As long as we maintain it, the resale value of your machine will be high and anytime in the near future, it can be sold to price close to it was purchased.
Technology Concern
Many construction equipment manufacturers started coming up with machines with the latest technology. However, it is one of the facts that technology in heavy construction equipment does not change rapidly, so there is no issue or any disadvantage of using three to four years old machines for the project.
Low cost of ownership
With the purchase of the used construction machine, you can be the owner of the machine at a low cost. Many contractors require the specific equipment for specialized work on the site, in that condition owner can manage to purchase the second-hand machine at a low price and it also gives the flexibility to upload it after the use without any major loss.

Avoid long order with new
Many times, people have a long waiting list when looking for a certain type of new heavy construction equipment. But construction projects always get delayed due to various other reasons. Thus, contractors do not want to wait for long for the delivery of the new machine, and it can be fulfilled with the purchase of the second-hand machine.  With the emergence of online portals like www.equipmentonestop.com, the buying any types of used construction machine in India has become quite easy.

Looking for Used JCB Backhoe Loaders, This Website Equips You With Varieties of Models

A Backhoe loader is one of the most versatile heavy construction equipment, mainly used in urban engineering and small construction projects. Contractors use it for diverse construction works such as building small houses, fixing urban roads, small demolition, digging holes, laying pipes, breaking asphalt, setting up drainage system, transport heavy items, and others.

Various reports suggest that the demand of Backhoe loader in India is on rising and expected to continue for the over next few years. In India, JCB is the market leader in the Backhoe Loader for more than three decades. Therefore, JCB’s Backhoe Loaders are often the first choice for many contractors. Due to its brand value and quality products, its resale value is also very high as compared to other brands.

We have noticed many individuals and civil contractors specifically inquire to http://www.equipmentonestop.com (the leading website for buying and selling used construction equipment) for second-hand JCB Backhoe Loaders and we successfully met the requirement of people visited the portal.
Currently the portal is having two famous JCB models,  JCB 3DX Backhoe Loader and JCB 432ZX in various cities like Mumbai, Pune, Thane, Hyderabad, Bengaluru, Jaipur, New Delhi, Haryana, Raipur, Chittorgarh, Bhilai, Hassan (Karnataka), Gandhidham (Gujarat), Jaipur (JCB 432ZX ) Tonk, Bharatpur, and Bhilwara (Rajasthan).  The range of these two models varies between Rs 4.75 lakh and 32 lakh depending on the make year, maintenance history, and current condition of the machines.
We also allow buyers to further negotiate with sellers where you are convinced it’s a great deal.
Previously, people have bought different other JCB models through the portal in various states.
If you are also looking for any specific model of JCB’s Backhoe Loaders in your city, please visit the website to search your favourite model. In case, if you are from some remote part of the country, we still provide the model which meets your project requirement using our wide range of dealers’ network.
The best part of buying the used Backhoe Loaders from this portal is, it gives you the ease to access different JCB’s models at a time, and it gives you the flexibility to choose the model which suits your project.
You can also log on to www.equipmentonestop.com to purchase used Backhoe Loaders from other brands.

Points to Remember When Buying Used Concrete Pumps

At the construction site, Concrete Pump is one of the most crucial construction equipment. The machine is specially used for transferring liquid concrete by pumping for accurate pouring concrete where it is required.  The Concrete Pump is very effective and economical machine for all types of construction projects from small to large residential and commercial construction project.

There are three major advantages of using the Concrete Pump; one is, increasing the concrete pouring speed as we know the speed is a crucial aspect of construction projects.  Second – it ensures higher accuracy and quality in concrete pouring irrespective of using any types of concrete pump, and third- this machine requires less manpower, using it requires fewer labours than conventional methods of concrete placement. It also helps in reducing the labour cost of projects.
It not only gives the higher accuracy and quality in concrete pouring, but also provides perfect concrete pumping results with zero material wastage.
Primarily there are two types of Concrete Pumps, The Boom or Truck Mounted Pumps and Line or Trailer-mounted Pump. The Boom Concrete Pump is attached to a truck or longer units are on semi-trailers, it is also called truck-mounted boom pump. These concrete pumps are mostly used in large construction projects as they are capable of pumping the high volume of concrete in less time.
Line Pump requires steel or flexible rubber hoses to be manually attached to the machine. Here the machine usually pumps concrete at lower volume than a Boom concrete pump, it is mainly used for applications that require smaller volume pumping like sidewalks, swimming pools, and small houses concrete slabs.
Both concrete pumps have their specific application at the sites, therefore it is important to pick up right concrete pump by considering your requirement.
Buying the New concrete pumps is always worthy as it gives better and smooth production, especially if you are buying it from a well-known brand such as Schwing Stetter, Putzmeister Greaves, and others.  But people are very confused investing in used concrete pumps or any other used construction machines, so having the idea of ‘Do’ and ‘Don’t’ at the time of buying used concrete pumps, will prevent you to invest in mediocre concrete pumps which will further consume your money in servicing and repairing.

Remember these points when looking for a used concrete pump

  • Buy it from trusted sellers.
  • Buy machine checked by an expert.
  • The Boom Pumps and Line pumps have different applications; ensure you are buying the pumps which suit your application.
  • Always remember purchasing wrong machine can cost you more money (in servicing, repairing), Ensure, when was the last Boom inspection
  • Ask owner, when he changed the Hydraulic oil last time.
  • Ask for the service record of the pump from the owner .
  • Ensure the differential cylinders are in good shape.
  • Personally inspect the machine when it buys from an online player (www.equipmentonestop.com) .
  • Even buying the second-hand concrete pumps, ensure you give preference to Brand, as the brand has always higher resale value.
  • Ensure machine is not too old; give preference to less older machine.

Why Maintenance of Your Heavy Construction Equipment is Important

Maintenance is the crucial part of the sustainability, whether its human body, home, any small or big machine, similarly the maintenance of heavy construction equipment is also crucial for its sustainability. The heavy construction machinery required more maintenance compared to other machine kept inside the house or inside the plant as they are away from the dust, but construction machines are made to work outside or at construction sites which are full of dust, thus construction equipment demand for better care, maintenance and regular servicing for its productivity.

The construction machinery is very costly and even most of the parts of these machines are very expensive, therefore, the owner of the machines must give extra care and should be conscious as far as maintenance and servicing of the machines are concerned to avoid the breakdown.  Damage to any parts and connection could lead to the heavy loss to the owners. To avoid the heavy loss, owners are advised to be careful and take precaution in advance.

Generally, the operator of the construction machines is the one who either makes or breaks your costly heavy machines. The careless or untrained operators may cost you huge due to ignorance attitude or lack of basic operating guidelines. So as an owner of the machine, you should ensure that your machine is handled by well trained and certified operators.

One should also follow the manufacturer’s servicing guidelines to avoid the breakdown. Servicing on or before due date helps in increasing the productivity of your machine for longer periods.

A well-maintained machine not only gives you the better productivity but also its resale value gets increased. Usually, after one year of purchasing the machine, the value of the construction machine goes down by 20% to 30% if the machine is not properly maintained and the poor servicing record may further decrease the resale value of the machine thus you end up losing monetary value of your machine as well.

Therefore, experts suggest that if you want to rent out your machine due to unavailability of the project in hand or you have decided to sell it after a few years, so it’s advisable to properly care your machine and send it for servicing on a regular interval. Because when people come to buy a used machine, the  first thing they ask for servicing record and inspect the machine carefully (check all the attachment, engines, leakage and others) and even a contractor who is willing to hire your machine, will also check whether your machine is properly maintained or not.

The buyer of used construction equipment buy a second-hand machine only due to the shortage of money and save their project cost, so they will not prefer the machine which is not properly maintained as they are not in a position to further invest in servicing and broken parts.

Here is Why Northeast a Big Market for Construction Equipment Manufacturers, Rental Companies

The government has been giving special attention to infrastructure development in the North Eastern region of the country, especially on the road, railway, communication, and telecom network in all eight states of the region, including Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.

Finance Minister Mr. Arun Jaitley has increased allocation for the North East region in Budget 2017-18 to Rs 43245 crore from Rs 32180 in the previous budget and also increased the allocation of Ministry of Development of North Eastern Region (DoNER) to Rs 2682.45 crore from Rs 2524.42 crore.

“Railway ministry has big plans for the North East, several new projects amounting to about Rs 13,500 crore have been sanctioned in this year’s budget, including new lines, bridges and an elevated rail track project from Kamakhya to New Guwahati at a cost of Rs 3,062 crore,” Mr. Rajen Gohain, Union Minister of State for Railways was quoted as saying by the Outlook India. He said while speaking during infrastructure development conference at ConMac 2017 in Guwahati on 3rd March.

In July last year, the Railway minister Mr. Suresh Prabhu had said that railways would invest over Rs 7,000 crore in the current financial year to develop rail infrastructure in North Eastern states.

Hon’ble President of India, Mr. Pranab Mukherjee announced that all meter-Gauge tracks will be converted to Broad-Gauge in North Eastern states by the end of the year, he said while addressing a joint session of both Houses of Parliament on the eve of Budget presentation. The central government proposed broad-gauge connectivity to all North-Eastern state capitals by 2020.

The development of the road is single most important demand in the North Eastern states and density of roads in the region is less than the national average.  The NER Vision 2020 emphasis in the expansion and development of the road network at all levels from National Highways to rural roads. Thus, construction of roads and highways in North Eastern states is the utmost priority for the Central and State governments. Therefore, both states and the central government have taken up a massive programme to expand the road network in the region.

The Ministry of Road Transport and Highways (MoRTH) is primarily responsible for the development and maintenance of National Highways in the country. The Ministry allocated Rs.612.61 crore for repair and maintenance of NHs in the North Eastern Region in current year (2016-17), and Rs.979.92 crore during last three years.

For the better road connectivity in the region, The National Highway & Infrastructure Development Corporation Limited (NHIDCL) has started development work and so far projects aggregation to 1188km at a cost of Rs.14,830 crore.

According to the MoRTH, as of 18th October 2016, NHIDCL was handling 134 National Highway and other road development projects covering a length of about 8,007 km in the North East states which was to be executed at a cost of approximately Rs. 100,000 crore.

In August 2016, the government had informed the Parliament that 197 road building projects of a length 4320.95 km were undergoing which being implemented under various programmes or schemes of  the MoRTH in North Eastern states at a cost of Rs 37691.05 crore. The 20 major railway projects of a length of 2624 km had been taken up at a cost of Rs 52030 crore in the region. While, for the development of telecom, Comprehensive Telecom Development Plan at a cost of Rs 5336.18 crore was under the implementation in the region.

The North Eastern Council (NEC) implemented 715 various development projects at a total approved cost of Rs 7148.65 crore in the North Indian states and the Ministry of Rural Development has been also assisting respective state governments under PMGSY programme. As of 5 August 2016, the Ministry of DoNER had also released an amount of Rs 4113.31 crore for the developments of 608 roads and bridges under NLCPR.

The huge investment in the eight North Eastern states indicates the scope for the construction equipment manufacturers in the region as the massive infrastructure development in the region will create a huge demand for construction equipment. Looking at the demand from this region, Confederation of Indian Industry (CII) organised the second edition of ConMac 2017 (Construction Equipment Exhibition for North East) in a partnership with Indian Construction Equipment Manufacturers’ Association (ICEMA) in Guwahati on 2nd to 4th March 2017.

The ConMac 2017 witnessed the presence of major construction equipment companies such as JCB India, SANY, Tata Hitachi, SCHWING Stetter, ACE, Kobelco Construction Equipment, Bull Machines, Safari Construction Equipments, Rhino Road Equipments, KYB-Conmat, Ashok Road Equipments and Manufacturer, Ajax Fiori Engineering and others.

The investments in the region will also benefit rental companies in the North Eastern states as many contractors started renting heavy construction machines in order to reduce their project cost.

Source: Information has been obtained from GoI, Outlook India, ConMac

Looking to Rent Out Your Backhoe Loader, This Website Makes Your Work Easier

Many of you must be looking for individuals or civil contractors to ‘Rent Out’ your Backhoe Loaders for the various reasons, but due to lack of local contacts or lack of potential customers who are unable to pay the market rate, must be bothering you much in an order to rent your machine which forces you to simply idle your machine at home.

Now the time has gone when people had to struggle to rent out their most versatile construction equipment to desired customers. As Equipment One Stop (www.equipmentonestop.com) recently started its Rental Services, now it makes everyone’s job easier to reach people who are also in search of hiring the Backhoe loader. The website’s Rental Service helps you in many ways like 1) Easy posting on website, 2) Your machine  viewed by people from across the country, 3) Interested  person will approach you to hire your machine, 4) Higher chance to get better renting price than your local areas, 5) Posting on the website is absolutely free.

The rental service will now not let you idle your Backhoe Loader after completing your project. Even a dealer can also avail the advantage of this online platform to search a potential customer.

As we are aware that demand for construction equipment entirely depends on the investment on infrastructure projects in any region or country. The demand of Backhoe Loaders surged in the country last year on the back of huge construction activities, especially in Roads and Highways, Railways, Irrigation, and other sectors.

The demand of Backhoe loaders and other CE products will further continue in 2017 in the country as centre announced a huge budgetary investment of Rs 3.96 lakh crore for infrastructure sector in the next financial year (2017-18).  As a result of the investment in the Infra projects, the demand of the Backhoe loader will continue to rise in the country, as it has multiple uses in different construction projects due to its versatile nature.

One of the research report says that in the next 10 years, the practice of renting construction equipment will rise in a move to save project costs. It shows that construction companies will start renting construction equipment in order to reduce overall costs.

It indicates that potential customers are there to hire your machine, but you only require the right channel to reach them, the www.equipmentonestop.com  gives you the platform to meet them to ‘Rent Out’ your Backhoe Loader/other CE.

Planning to Sell Used Construction Equipment – Get Valuation From Expert

Selling any used product is not as simple as selling any brand new product from the showroom, similarly selling used construction equipment may not be as simple as selling new heavy machinery. Thus the price of the new machine is fixed by the company while there is no fixed price for second-hand construction equipment.

A seller of used machine is not usually aware of what price they should sell their used heavy equipment, especially the people living in the rural areas as they do not have easy access to the big resale market. Due to lack of the organized market for selling used equipment, the seller ends up selling it at a very low price whereas its actual resale price could be higher.

In this case, the owner of the machine could not utilize or gain by selling the old machine. Here, an Expert can play the important role in providing the valuation for your used machines.

Until a few years ago, the used construction equipment market was quite scattered and lacked the professionalism while dealing with buying and selling any types of used construction equipment. Slowly this market started becoming organized to serve the resale market on the line of developed countries. Due to the emergence of online players like Equipmentonestop.com in India, it brought remarkable changes in the sector and empowered the sellers, especially seating in a remote area of the country.

The one of unique service introduced by the Equipmentonestop.com for the people is ‘Valuation Service’. In this service, the team of Experts from the industry helps the sellers to decide their machine’s market value on the basis of the current market requirement, trend, and condition of the machine which could help the sellers in deciding the resale price for their used heavy equipment. It helps the sellers get the maximum return by selling used construction equipment.

Various people already availed this service and gained the better return by selling their second-hand construction machine. The team of experts at Equipmentonestop.com provides the valuation for all types of used construction equipment including,   Excavator, Backhoe Loader, Wheel Loader, Crane, Motor Grader, Paver, Roller, Pavement Planer, Asphalt Mixing Plant, Forklifts, Milling machine, Compactors, Tippers and different others.

This service is available for people from across the country, even a seller seating in a remote part of India can avail it.

Besides the valuation service, this online portal also provides the platforms for buying and selling used construction equipment, renting services, Loan upon buying used and new construction equipment and also Insurance are provided to sustain a loss due to physical damage or breakdown of the heavy equipment.

Next time if you are confused deciding the price of your used equipment, you can contact with the www.equipmentonestop.com for better valuation of your machine.