Economy & Market
Local equipment makers could do with govt boost
Published
7 years agoon
By
adminRakesh Sharma, Director, AMCL Machinery Ltd
Rajesh Pathak, Director, Sales & Operations, Raymond Bartlett Snow
Do you foresee any paradigm shift?
Rakesh Sharma (RS): As far as the Indian cement industry is concerned, it proactively factored in the advancements in technology a decade ago. That’s why plants with 10,000 tonne per day capacity continue to operate with the same number of personnel as earlier. However, NOx, SOx and carbon dioxide emissions might pose a challenge and cement plants, and the industry is trying to cope up with that. This provides an opportunity to Indian equipment manufacturers to work out cost-effective emission control technologies. Apart from that, the industry is continuously striving to reduce consumption of power and fuel. Equipment manufacturers like us are undertaking retrofit jobs to not only reduce power and fuel consumption but also release of polluting elements.
Rajesh Pathak (RP): I would say that there is no paradigm shift per se. No major capacity expansion took place in the cement segment after 2008. But with the government impetus to infrastructure projects from 2014, most cement, power and steel plants are again expanding capacity. I, therefore, don’t see any threat in terms of redundancies. But I do agree that there is a need for pollution control norms. For example, in the cement sector, wherein there is an application of coal grinding mills, most cement plants use pet coke as it’s cheaper. A recent Supreme Court judgment has asked states and union territories to consider banning the fuel. Avoiding pet coke is certainly going to help in reducing emission levels, but it is also going to put pressure on pockets of cement manufacturers.
So, what’s your outlook for the Indian cement business?
RS: I am very positive. Although things might not look very bright for equipment manufacturers at the moment, but growth is certain going forward. Today, we are talking about 7 per cent growth, but it’s my guess that in the next 3-4 years it might touch 9 per cent. Normally cement consumption is one-and-a-half times GDP growth. The earlier high was around 8 per cent. Once the economy picks up pace, this might exceed 10 per cent! And, most definitely, by 2030 the per capita consumption of cement would reach 400 kg, which will help double the capacity of cement plants. RP: The cement industry will register further growth. If you look at the outlook for the next five years, there is a lot of talk about slag cement. This waste material from steel plants can be used for cement application. The talk is now about Portland Slag Cement (PSC). I also agree with Mr. Sharma’s view on cement equipment manufacturers. They face a major challenge from their Chinese counterparts. Therefore, when we talk about ‘Make in India’, all equipment suppliers should have terms in their contract to either manufacturing or source only India-made equipment. This will ensure that local suppliers also get a chance to grow. The government could also mull levying extra import duty on equipment that are outsourced from countries like China and South Korea.
What can be done at the government level?
RS: Unlike Chinese equipment manufacturers, where there is always a question mark on product quality, Indian manufacturers enjoy a favourable reputation. Leading global players like FLSmidth, KHD Humboldt Wedag and others have set up bases here, and are doing quite a bit of engineering and local sourcing. India will definitely acquire an edge over competition over the next few years and might become an exporter of machinery to countries that prefer quality. It’s like in the automobiles industry, where we are today reckoned an important exporter of automotive components and automobiles.
RP: India is presently the second largest producer of cement in the world. Since we are now talking about smart cities, dedicated freight corridors and new roads & highways, there is undoubtedly good potential for the growth of the sector. In the Indian Subcontinent, we have favourable business treaties with countries like Nepal and Bhutan, and the government can incentivise Indian companies to set-up cement plants there. This would help expand the industry’s footprint overseas.
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On October 10, 2024, the RAHSTA Awards were held at the Jio Convention Centre in Mumbai, forming a significant part of the 10th India Construction Festival. This esteemed event serves as a pivotal platform for recognising and honouring outstanding contributions in the road construction industry, particularly those that prioritise sustainability, innovation and excellence.
RAHSTA, an acronym for ‘Roads and Highways Sustainable Technologies & Advancement’, has become synonymous with the promotion of advancements in road construction equipment and technologies. Organised by the FIRST Construction Council, the awards seek to highlight the importance of sustainable practices in infrastructure development and celebrate those organisations that lead the way in this critical area.
At the event, Pratap Padode, Founder, FIRST Construction Council, underscored the importance of skilling the workforce in the construction sector. He pointed out that construction is India’s second-largest employer, with the potential to reach 100 million jobs by 2030. However, he emphasised that a significant portion of this workforce remains unskilled, with 80 per cent of the 70 million workers lacking adequate training.
“To bridge this skill gap, we must incorporate practical orientation in engineering and management courses,” Padode urged. He highlighted the Indian Government’s initiative to onboard 1 crore interns through CSR funding over five years, encouraging construction companies to participate actively
in this programme. By doing so, he said, the industry could not only enhance skill development but also position itself for future growth and sustainability.
The RAHSTA Awards recognised seven outstanding contributions to the road construction sector, celebrating innovations that drive sustainability and efficiency:
- Award for Highest Standards of Excellence in Road Engineering & Construction: Patel Infrastructure
- Award for Excellence in Bridge Engineering: L&T Construction, DIAL Phase 3A Project
- Best Road Financier Award: HDFC Bank
- Award for Best Use of Waste Material Recycling in Road Construction: Tata Steel
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- CC Precast Solutions
Indeed, the RAHSTA Awards 2024 were more than just a ceremony; they represented a vital call to action for the road construction sector in India. By highlighting the importance of sustainability and technological advancement, the awards inspired industry stakeholders to strive for excellence
and innovation.
As the event concluded, it left attendees with a renewed sense of purpose and a collective vision for a more sustainable and efficient future in infrastructure development. The RAHSTA Awards stand as a testament to the possibilities that lie ahead when industry leaders come together to embrace change and foster growth.
The titans of the construction equipment industry were honoured at the 12th BKT Equipment India Awards 2024.
On October 10, 2024, Mumbai played host to the much-anticipated 12th BKT Equipment India Awards 2024, an event that recognised and celebrated the outstanding achievements within the construction equipment sector. The grand ceremony took place at Jio Convention Centre and was among the highlights of the India Construction Festival, which gathered industry leaders, manufacturers and financiers from across the nation to honour innovation and excellence in this vital sector.
The inaugural addresses set a reflective tone for the evening, emphasising the importance of collaboration and information sharing within the industry. In his opening speech, Pratap Padode, Founder, First Construction Council, remarked, “At Equipment India, we have always tried to enhance the standard of the industry. During this 17th year of our existence, we still find that companies are trying to hide behind a veil as far as the disclosure of factual data is concerned.” His emphasis on transparency resonated with the audience, highlighting the critical need for the construction equipment sector to adopt best practices for data sharing, akin to those seen in the automobile industry.
For his part, Vipin Sondhi, Chairman, RAHSTA Committee, and former MD and CEO, JCB India and Ashok Leyland, also shared optimistic insights, stating, “Today, we celebrate not just the figures but the remarkable individuals behind them – the innovators, manufacturers and teams that push the boundaries of what’s possible.” He highlighted the impressive growth of equipment sales, which saw a 26 per cent increase during FY2023-24, reflecting strong market recovery and renewed confidence.
The 12th BKT Equipment India Awards not only celebrated the achievements of key players in the construction equipment sector but also served as a reminder of the collective effort required to drive the industry forward. The event reaffirmed its commitment to supporting the industry’s ongoing evolution, ensuring that India remains a significant player in the global construction equipment market. With the industry poised to grow at a CAGR of 12 per cent, reaching $25 billion by the end of the decade, the evening left attendees inspired and motivated to continue pushing boundaries in their respective fields.
A significant highlight of the evening was the presentation of the Equipment India Person of the Year 2024 award to Jaideep Shekhar, Managing Director, Terex India. Under his astute leadership, the company has achieved remarkable growth, marked by innovation and a commitment to excellence. The jury praised his strategic vision, which has not only propelled the company’s success but also contributed positively to the broader industry landscape.
Receiving the award, Shekhar expressed heartfelt gratitude, stating, “I’m deeply grateful to the jury and Equipment India for this remarkable honour. This award reflects not only my contributions but also the dedication and hard work of my team. I have been associated with the industry for more than 25 years and this award motivates me to keep pushing boundaries and to lead the growth
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– Sanjay Koul, President- India and South East Asia and Managing Director, Timken India
Concrete
22nd CONSTRUCTION WORLD Global Awards Excellence Revisited!
Published
4 weeks agoon
November 23, 2024By
RoshnaAt the 22nd CONSTRUCTION WORLD Global Awards, over 50 awards in 21categories were presented to industry stalwarts.
The 22nd CONSTRUCTION WORLD Global Awards, was held on October 9 and 10, 2024, at the Jio World Convention Centre, Mumbai, and hosted by infrastructure think-tank FIRST Construction Council in partnership with CONSTRUCTION WORLD (CW) and Equipment India (EI) magazines. Incidentally, the spectacular RAHSTA Expo was India’s first indoor trade fair for construction equipment technology.
Benchmarked to global standards
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Special bytes
At the 22nd CONSTRUCTION WORLD Global Awards, over 50 awards in 21 categories were presented to over 50 companies.
“I am thrilled to accept this award on behalf of Century Ply,” said Anup Mangaserri, Chief Executive Officer – Laminates, Century Plyboards India.
“It’s an honour to be recognised and I extend my heartfelt thanks.”
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high-impact engineering efforts abroad,” said BR Parthasarathy, Senior Vice President and Head – Infrastructure Cluster, Tata Consulting Engineers (TCE), sharing his pride in receiving the ENR Award. “This recognition underscores our global capabilities and we are honoured to be part of this journey.”
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And Sandeep Desai, Executive Director, and Ananta Rayaprolu, Director, Afcons Infrastructure, noted, “This is a proud moment for the entire Afcons team to have this particular trophy and prestigious award. Afcons has always been at the forefront of extreme engineering, and we are really happy for this acknowledgment, which motivates us to continue pushing the boundaries of innovation.”
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This collection of leaders from different sectors was a showcase of the diversity and excellence celebrated by these prestigious awards, marking significant milestones in their respective industries.
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An event to remember Another highlight of the event was the launch of Pratap Padode’s book, Tarmac to Towers – India’s Infrastructure Story.
Indeed, in keeping with tradition, the annual CWGA Awards ceremony was a memorable celebration of architectural achievements and a platform for dialogue on critical issues affecting the construction industry.