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NEW AUSTRALIAN DISTRIBUTOR A PERFECT FIT FOR JCB POWER SYSTEMS

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JCB Power Systems has appointed a new dealer to sell and support its OEM engines in Australia.

EIP Diesel – a New South Wales-based specialist in power solutions for construction, agriculture and marine applications – will now offer the full range of JCB Power Systems engines across all relevant emissions legislation and covering both mobile and IPU applications. EIP Diesel will also provide additional engineering assistance to OEM customers in the region.

The new JCB Power Systems dealer is well established across all major sectors in the Australian off-highway industrial market. It has 20 years’ experience in selling, installing and servicing smaller power generation sets from a number of suppliers as well as designing and building its own bespoke products.

EIP will be a powerful strategic partner for us with the ability to bring new opportunities in the Australian market. The JCB Power Systems range will integrate well into the EIP Diesel portfolio. They specialise in OEM engines and provide full coverage across a region we didn’t previously have a presence. The partnership is a perfect fit.

Nick Grez | JCB Power Systems Engine Sales & Business Development Manager

EIP Diesel Director, Doug St George said: “JCB is a globally recognised brand that has good visibility throughout the Australian region through JCB equipment sales.  It is a premium engine product line which fits well with EIP Diesel’s ethos and market position.”

“The JCB engine range has great potential to make a huge impact for us as our diesel customers start to make the transition from non-tiered mechanical engines in increasing numbers.”

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Construction & Equipment Industry

India has High Potential for Excavators Market Growth

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India Excavators Market ​size is expected to grow during the forecast period 2020-26 due to rising urbanization, population, industrialization, and ​construction sector across India​. Investment of foreign direct investment in the country, rising government spending in smart cities, infrastructure and construction​ projects are some of the key growth drivers of the ​India Excavator market​. However, the Chinese products were the major threat for the growth of excavators in India but from the last few months Indian buyers are avoiding to purchase Chinese products and it’s a good sign for the growth of the Excavators market in India. The incursion of novel coronavirus would impact the growth of the construction​ and transportation sector in India which may act as a hurdle in the growth of the ​India Excavator market​ over the coming years. Growing private and public infrastructure projects, increasing economic development activities as well as increasing government focus on certain key projects such as Golden Corridor, Housing for all, Smart City, an extension of metros, rail and road network across the country are some of the major factors which would drive the demand for ​construction equipment in India​ over the upcoming years.

Based on excavator type, the crawler excavator dominates the overall ​India Excavator market due to its higher capacity to carry loads and is suitable for application in muddy conditions. Expanding infrastructure and developing natural resources is expected to drive the growth of the rising ​construction industry in India.​

India Excavator Market​ is projected to register sound revenues during the forecast period 2020-26F backed by rising growth of the residential sector coupled with increased disposable income which is encouraging the sub-urban population to invest in premium household construction and this is anticipated to benefit the ​excavator market​ to seek plummeted demand as the construction in the residential sector witnessed a spur in the country. Further, rising government efforts to make smart cities in the country is anticipated to promote multiple construction activities across the country and efficient establishment of the same can be made successful by using adequate and correct construction equipment which is estimated to not only shape the construction sector in the country but also benefit the ​India excavator market growth in the foreseeable future.

Asia Pacific (APAC) Excavators Market is anticipated to grow during 2020-2026

The ​Asia Pacific is the fastest developing region in the world and is expected to emerge as a world leader in the global excavator market over the forecast period. Rising investment in countries like India, China, and South Korea witness the high growth in coming years. However, the global crisis due to the spread of novel coronavirus has resulted in a slowdown of economic activity worldwide. The region has witnessed shutdown or delay of major construction projects which would hinder the growth of the Excavators market for a short period of time.The construction of roads and infrastructure is expected to increase rapidly in developing countries such as India and China. Growing industrialization across the region and increasing investments for infrastructure development would boost the excavator market in the Asia Pacific region.

On the basis of types, the Crawler excavator segment is the dominating segment in the Asia Pacific Excavator market due to its higher capacity to carry weights and greater suitability for application in muddy conditions. They also allow safer and faster removal of debris along with simple and easier digging procedures.

The Asia Pacific Excavators market report comprehensively covers the market by types, power range, applications, end-user, and countries including India, China, Japan, Australia, Malaysia, Indonesia, South Korea, Myanmar, Philippines, Cambodia and Rest of Asia Pacific. The Asia Pacific Excavators market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Excavators market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Global Mini Excavators Market

The global mini excavators market size is expected to reach $11,873.9 million by 2027 from $9,003.8 million in 2019, growing at a CAGR of 5.4% during the forecast period (2021 to 2027). The mini excavators are construction equipment equipped with a dipper, boom, or bucket installed over a movable platform based on application requirement. The excavators provide assistance in performing landscaping, excavating, demolishing, picking and placing, materials handling, and constructing activities, and others. In addition, the mini excavators also aid in completion of labor-intensive tasks or work earlier performed using heavy construction equipment.

Moreover, growth in construction of commercial buildings across Europe is anticipated to propel growth of the market. However, availability of used and rental equipment, and absence of skilled operators, and technicians is anticipated to hamper growth of the mini excavators market. On the other hand, technological advancements such as remote controlled mini excavators and sensor based mini excavators are anticipated to provide lucrative opportunities for the major players of mini excavators.

The global mini excavators market is segmented on the basis of capacity, end-user industry, and region. By capacity, the market is bifurcated into more than 4 tons and less

than 4 tons. By end-user industry, it is divided into landscaping & construction, agriculture, and others. Increase in demand for compact and robust equipment from various end users such as agriculture and construction is projected to drive the mini excavators market during the forecast period. Moreover, numerous ongoing construction and infrastructure development such as New Sharjah Airport and Wuhan Urban Rail Project are also anticipated to fuel the demand for mini excavators in coming years, especially in Asia and the Middle East. In addition, factors such as rapid urbanization and fast-growing construction industry in Asia-Pacific are expected in the global mini excavators market. Moreover, growth in tourism significantly boosts investments toward infrastructure development projects in the Middle East, Asia-Pacific, and other regions, which, in turn, boosts demand for mini excavators.

Conclusion

Growing economy is demanding for the more residential and nonresidential construction projects, which will accelerate the demand of mini excavators in the global market. Increasing impetus to develop global infrastructure because of globalization and industrialization will propel the demand of mini excavators in the global market. Furthermore, infrastructure investment in housing projects and road construction will up-lift the demand of mini excavators in the global market. Increasing demand for fuel-efficient and environmental-friendly mini excavators will result in the replacement.

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Construction & Equipment Industry

Infosys-Trimble Case study

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“We could trust only Tekla for the Infosys superstructure” affirms Precast India Infrastructures

Precast India Infrastructures Pvt. Ltd. (PIIPL)- an initiative of Bhate Raje Construction Company Pvt. Ltd. – has gained recognition as one of the most trusted names for all IT sector & industrial building projects as well as for commercial complexes. It was founded in 2010 with a mammoth production facility in Wade Bolhai, on the outskirts of Pune city in Maharashtra. PIIPL’s unique production facility is capable of producing various precast as well as pre-stressed concrete elements ranging from small parapet walls to huge slabs spanning 16m to 20m lengths. With its automated steel cutting & bending facility, versatile production yard, and independent installation division with high capacity tower cranes and mobile cranes, Precast India Infrastructures Pvt. Ltd. has emerged as the leading choice for precast production in the construction industry.

A multi-purpose Precast high rise structure for Infosys in Pune

The multilevel car park project created for Infosys on the outskirts of Pune is a multi-purpose building. It has 7 levels of two-wheeler parking, an underground water storage facility with a humungous capacity of 56,67,000 litres, 2 storeys of restaurants along with an attached bridge to exit the parking facility. The project also involved external development jobs like gas bank rooms, security cabin area, entry gates, etc. The total concrete used in the project was approximately 18,000 CUM with about 1,614 MT of steel.

The entire superstructure is of Precast and Prefabricated Concrete and has been designed for dynamic vehicular loads. A very wide variety of precast elements were used in the project such as retaining and shear walls, columns, hollow-core, double tee and solid slabs, pre-stressed and non-pre-stressed beams, spandrels, non-load bearing walls, etc.

Erecting a complex, geometry defying structure

The project team at PIIPL faced some very unique challenges right from planning and designing to the execution of the multi-level car park. The geometry of the project area along with the land profile were the two major challenges for the team. Besides that, the inclined grids and multiple uses of the structure at each level proved to be quite challenging. Pre-stressed beams and hollow core slabs ranging up to 12 meters were used to reduce the number of columns. Further, the column design was also a critical part as resting beams were not orthogonal to each other.

After the conceptual planning and engineering, the project execution and completion within the scheduled timeline was the next major hurdle. More than 6,500 precast elements were produced, transported and installed, from scratch, in approximately 10 months. The executor had to complete the robust work within the affirmed deadline and any error or frequent reworks could have resulted in an unaffordable delay.

Some of the other complexities involved in the project were the contour differences, boundary retaining walls, integration of the underground water tank, the difference in levels for restaurant and parking, various ramps, inserts of sleeves, splitting of elements due to weight constraints, slopes in terrace affecting element lengths, heights, etc.

AJAX Engineering earmarks INR 100 crores to build a new manufacturing facility and a design centre in Karnataka

Tekla Structures – the most versatile & robust software for Precast Construction

Tekla Structures helped the PIIPL team to produce a large number of precast elements, address critical geometries, implement MEP requirements and a lot more, quite easily and well within the specified project timeline.

Mr. Kapilesh Bhate, Director, Precast IndiaInfrastructures PL said,“By using precast, we virtually enter the domain of production and assembly. And for that,weneedtoolspotentenoughtodoextremelyaccuratedetailingoftheelementssuchastheirgeometry,connections, reinforcement locations, inserts, etc. In case of the MLPL3 project, everyone involved was well aware of the complexities likely to be encountered and we are certain that a 2D drafting software like AutoCAD will definitely not do the job, and that we could only trust Tekla – the 3D BIM software – to make this project a reality & a success. Although acquainting new team members to this platform takes a little time, the available tutorials and self-help videos were of great assistance and the payback in project delivery far exceeds the initial effort.”

The software empowered the executing team to overcome numerous technical challenges rooted in the project & derive a host of benefits such as:

  • Collaboration made seamless with Tekla’s single reference model:

At any given time, several detailers, modelers, and checkers were working on the model preparing various details, drawings, etc. Tekla offered a single reference model to the entire team which integrated the changes made in real-time and all the stakeholders, located across geographies, could easily access and analyze it.

  • Obtaining all structural data from the accurate 3D model:

Considering the complexities associated with the MLPL3 project, an accurate, information-rich 3D model was the only resort to achieve efficiency. With Tekla, concrete modeling and detailing were very easy. It helped in the conversion of all architectural and structural drawings into a 3D model with high LOD. For example, Tekla provided exact dimensions of the reinforcing bars in elements in the bar bending schedule (BBS).

  • Quickly identifying a particular section of the model with floor layout tool:

The most helpful features of Tekla that became the real game-changers for the project team were the floor layout tool for hollow-core slab layout and the quick production drawing generation using cloning of drawings. It helped to design, detail, and identify particular sections, floor-wise, for the entire model.

  • Task automation made easy with custom components:

The readily available custom components in the Tekla Warehouse enabled the PIIPL team to modify the model as per the design and project requirement. Reinforcement modeling is usually quite a time consuming task but the custom components feature enhanced the team’s efficiency by empowering them to automate several jobs thereby ensuring timely completion of the project.detail, and identify particular sections, floor-wise, for the entire model.

Control throughout the structural workflow at your fingertips

Accurate, reliable information, as detailed as you need and always available, is necessary for a successful structural workflow. With Tekla software, your constructible design will promote error-free fabrication and successful construction. Welcome productive workflows and happy clients.

  • Tekla Structures is the most developed Building Information Modeling software on the market. It makes accurate, constructible modeling of any structure possible.
  • Tekla Structural Designer gives engineers the power to analyze and design buildings efficiently and profitably.
  • Tekla Tedds is a powerful software to automate your repetitive structural calculations.
  • Tekla PowerFab is a complete and connected steel fabrication management software suite.
  • Tekla Model Sharing allows Tekla Structures project teams to work efficiently together regardless of their location or time zone.
  • Trimble Connect is a cloud-based platform that connects the right people to the right constructible data.

Trimble is a technology company with a vision of transforming the way the world works. Trimble’s construction offering ranges from total stations to advanced software, giving the industry tools to transform planning, design, construction and operation of buildings. The company also has products for trades like logistics and agriculture.

Trimble Buildings provides the widest breadth of technology solutions for each phase of the building lifecycle. With the industry’s only constructible process and full range of tools and content to streamline team collaboration, Trimble solutions make data from complex projects more meaningful and actionable to improve productivity and achieve operational excellence.

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Construction & Equipment Industry

AJAX Engineering earmarks INR 100 crores to build a new manufacturing facility and a design centre in Karnataka

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Mr. Jagadish Bhat | Managing Director | AJAX Engineering Pvt. Ltd.

AJAX, the truly Atmanirbhar Bharat company with its continued focus on innovation and indigenization expands its footprint to meet the growing demand from diversified construction segments namely roads, railways, energy and irrigation by being the next-gen 360° concreting solutions provider delivering world class concreting equipment.

ATMANIRBHAR BHARAT AJAX: INVESTMENT & EXPANSION PLANS IN 2021 

New Investment

AJAX Engineering, the World’s largest manufacturer of SLCMs has recently earmarked around INR 100 Crores for the allotment of 20 acres of land in Bangalore from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility. This investment was done to expand its robust business operations to meet the demands of the construction industry in the future. The new factory that spreads across 20-acres will be equipped with the state-of-the-art facilities to design and manufacture the newly introduced products, such as concrete Slip-Form Pavers, Boom Pumps and the Self-Propelled Boom Pumps. The annual production capacity for Boom Pumps and concrete Slip-Form Pavers would be 100+ units and 50+ units respectively. 

Expansion

A further investment of INR 40 crores is being done at Gowribidanur plant to expand its existing facility where batching plants and transit mixers are being produced.

Speaking about the investment & expansion plans, Mr. Jagadish Bhat, MD & CEO, AJAX Engineering, “With our indigenously manufactured product portfolio and engineering expertise, we have been catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the ‘Atmanirbhar Bharat’ initiative and create employment opportunities for talented youth of the country.”

AJAX has always evolved over time by adapting to the needs of its customers with a clear and consistent goal towards becoming the most customer-centric organization with a strong customer focus. With the tailwinds of demand blowing in favor of concreting segment especially with a strong emphasis on indigenization, AJAX is an indigenous brand which has strategically aligned its product portfolio in line with the Indian government’s ‘Make in India; Make for the World’ programme by indigenizing its product portfolio offering state-of-the-art machines equipped with top-class technology manufactured at its Bangalore plant for the complete bandwidth of construction infrastructure segments. Furthermore, the implementation of the USD 1.4 trillion National Infrastructure Pipeline (NIP) plan spread over the next five years, will ensure a steady demand for the CE equipment in coming years. Focus from the government on infrastructure spending is very high where road project awards in April-September 2020 have grown by 140 percent and 23 expressways have been announced with the targeted completion between March 2023 and March 2025.

AJAX has been a leader in the industry with its cutting-edge digital and technological innovations at par with global standards. Leveraging technology to offer innovative products has been AJAX’s strength all through. AJAX is committed to embracing digital transformation and is constantly re-inventing itself. Being the market leader in SLCMs, AJAX is dedicated to developing cutting-edge features to provide product accuracy and reliability in terms of technological advancement in our concreting machines. Some of the latest innovation is “Load Cell Weigh Batching System” for SLCM, which ensures a higher level of accuracy in the weight management of aggregates and ensures compliance to IS4925 which no other SLCM manufacturer offers today.

AJAX is renowned for its in-house engineering expertise, and is proud to introduce the first Slip -Form Paver designed, engineered and manufactured in India. It is a versatile machine for concrete paving projects and is the best solution for your paving needs. The Slip-Form Paver was launched during EXCON 2019. The new, specialized paving machine is the first-of its kind in India with low noise, excellent fuel efficiency, reliability and durability – advantages that add significant value and appeal to end users.

AJAX – SLIP-FORM PAVER SPX 1204

IMPORT SUBSTITUTE: AJAX concrete Slip-Form Pavers are import substitutes working in line with the Government of India’s plan of Atmanirbhar Bharat where we are also working in this area to align ourselves to be self-reliant and have as many as components locally and make it a product made in India for the world. 

AJAX Boom Pump is another marquee product resonating with the ‘Made in India’ theme as the Concrete Boom Pumps have been revolutionizing the construction of large commercial & residential buildings and structures. AJAX’s Boom Pumps have overseen deployment in various application & have been proficient for urban mega infrastructure projects commercial and office buildings, high rise segment, commercial retail spaces, bridges, airports and various projects under the Smart Cities’ initiative led by the Government of India. 

Boom Pump – A25ZX

With the continuing growth and evolution of the concreting industry, AJAX stays in the forefront of technological advancement, benchmarking processes and best practices delivering customer-centric solutions.

About AJAX Engineering

Business Mantra: CUSTOMER FIRST always, Wherever the need is, Whenever the need arises for, Whatever the nature of need of the Construction Industry.Profile: AJAX was established in the year 1992 for manufacturing Self-Loading Concrete Mixer and today is the Global Leader in this product. Over the years, it has substantially expanded its product range to Concrete Batching Plants, Transit Mixers, Stationary Pumps, Boom Pumps, Self-propelled Boom Pump, & Slip-form Paver and has now become a complete next-gen 360° concrete solutions provider starting from concrete PRODUCTION, TRANSPORT, PLACEMENT & PAVEMENT offering end-to-end solutions. A truly ‘Made in India’ brand, AJAX Engineering has established itself as a global leader in manufacturing Self-Loading Concrete Mixers. With over 2 decades of experience in catering to the construction business, the company has been a catalyst of change for the industry with its cutting-edge digital and technological innovations at par with global standards. The full-fledged team of skilled engineers of AJAX is trained to handle both preventive and reactive maintenance during emergencies. Today, the company has over 19,000 equipment working satisfactorily across the length & breadth of the country in various sectors. AJAX has a wide geographical spread with more than 30 Dealers across the Country and over 100 touch points catering to the sales & after-sales support to its customers. AJAX has a robust network of service capabilities with dedicated service centres in Hyderabad, Hubli, Madurai, Raipur, Surat, Faridabad & Ranchi having fully equipped facilities to Maintenance, Repair, and Overhaul (MRO) equipment under stringent conditions. With a reliable & unmatched dealer network in India, Nepal and Bhutan, the company has entered into the international markets and has its setup distribution networks in Bangladesh, Sri-Lanka, Myanmar, Mozambique, Philippines, Kenya, Tunisia, UAE, Vietnam, Cambodia, Oman, Uganda, & Egypt.

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ConstructionNews Room

IQI India plans to invest Rs 100 crore to acquire grade A commercial and retail assets

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Malaysia-headquartered IQI, a real estate agency and advisory firm, has launched operations in India with plans to invest Rs 100 crore to acquire grade A commercial and retail assets in the country, a senior official said.  Besides facilitating real estate transactions, the company is looking to acquire fresh land to construct residential and commercial projects. 

“We have already identified assets, which we will acquire in coming days. To start with, Rs 100 crore investment will be made, which will grow as we progress. We will monetise the acquired property at the right time,” said Pankaz Jaiin, Managing Director & CEO, IQI India. 

The company has also acquired Wealth Visory Capital, a Delhi-based boutique consultancy firm, at an undisclosed amount. According to Jaiin, the company will only focus on property worth over Rs 10 crore in the residential segment.

“We have merged our operation with IQI India and will help them in expanding the residential business in India. But the focus would be on Lutyens and South Delhi in NCR and prime properties in Mumbai and Bengaluru,” said Pradeep Prajapati, founder of WealthVisory Capital, who will now head luxury residential service for IQI India.

In the commercial segment, the company sees a lot of opportunity in and around Noida with the announcement of Jewar airport. 

“A lot of builders sell the grade A assets and we will acquire prime property at prime location and will earn rental before we liquidate it. Besides, we will also focus on new asset classes like warehousing and data centres,” said Jaiin. 

IQI has regional offices in 17 countries across 5 continents. 

“Most of the advisory firms are limited to facilitating the transaction but we will acquire the property and invest in it. All the properties be it commercial or residential, will be in central business districts so that we can get the maximum return,” said Yovesh Suri, Director, International Sales, IQI India. 

The global team of IQI will help the Indian team in getting the business from other countries as HNIs are willing to invest in India.

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Construction & Equipment Industry

Volvo excavators deliver versatility and power for Australian earthmoving company

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Action Dirt Works relies on a fleet of excavators from Volvo Construction Equipment to deliver reliable results on earthmoving projects.

Established in 2019, Action Dirt Works deploys a fleet of five Volvo compact and medium-sized excavators for a wide range of earthmoving projects across the Melbourne area. Action Dirt Works’ fleet includes an ECR25D, ECR35D, two ECR58D and an ECR145CL excavator. Mitch Bartlett, the owner of Action Dirt Works, purchased this line of brand-new excavators from local dealer CJD Equipment. The machines have worked on a diverse range of projects such as swimming pools, horse arenas and dams. Most recently, the excavators were deployed to work at a private SXS racetrack and an ornamental dam in Gough’s Bay. 

Flexible attachments 

Bartlett says the versatility of Volvo excavators is ideal for the niche earthmoving projects the company handles, especially since they come with a wide range of attachments for different applications and conditions. 

One attachment that Action Dirt Works has found especially useful is the tiltable ditching bucket, which can tilt laterally and 45 degrees throughout the work process. The tiltable ditching bucket has proved invaluable for tasks like landscaping, ditch work, grading and backfilling. 

“We have run tilt hitches on most of our diggers for a long time now. When we first started using them, everyone was blown away by how good they were and how well we could finish off our jobs,” Bartlett says. “We are currently looking at upgrading our Volvo ECR145CL to the latest E-Series, which offers all the latest technology and will increase productivity. We are also looking at fitting it out with a tilt rotator head.” 

Strong dealer relationship 

Bartlett has had a strong relationship with the staff at CJD Equipment since his first purchase four years ago. In particular, he appreciates the exceptional customer service the dealership provides from start to finish. 

“Our experience with CJD Equipment is very good – the sales team made the whole process from quote to delivery an enjoyable experience,” Bartlett said. “Also, their after-sales service is second to none. From onsite support and servicing to the workshop, they are awesome. I can’t praise their knowledge and products highly enough.” 

With support from CJD Equipment and Volvo CE, Mitch Bartlett is enjoying running a thriving business. And he’s ready to write the next chapter in the company’s history, relocating his company from its Melbourne base to the Gold Coast, taking his fleet of Volvo CE machines with him. 

For further information, please visit www.volvoce.com

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Construction

Jindal Stainless (Hisar) Limited Received Global Environment 2020 Award

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Jindal Stainless (Hisar) Limited (JSHL) has been awarded the First Prize at the prestigious ‘Global Environment Awards 2020′ in the ‘Platinum’ category. Instituted in 2010, the Global Environment Awards recognise outstanding contribution by individuals as well organisations in the field of sustainable environmental practices. The virtual award ceremony was organised on December 16 by the Energy and Environment Foundation. The event was inaugurated by Hon’ble Union Minister for Jal Shakti, Shri Gajendra Singh Shekhawat. Other dignitaries present at the event included Minister of Foreign Affairs, Australia, Senator Hon Marise Payne; Minister of Resources, Australia, Hon Keith Pitt; Secretary, Ministry of  Jal Shakti, Mr U P Singh, and Australian High Commission in India, Mr Barry O’Farrell.

Commenting on this achievement, Director, Jindal Stainless (Hisar) Ltd., Mr Jagmohan Sood said, “JSHL is committed to sustainable manufacturing and is seamlessly optimising its energy consumption at the Hisar facility. The Company has significantly increased its use of environment-friendly bio-fuel, as part of its total thermal energy consumption, by a margin of 157% in the last two years. As a business philosophy, we believe that environment is a key stakeholder in our industry. This award is a testimony to our efforts in this direction.”

In its pursuit of sustainable business, JSHL has undertaken several steps. The Company has successfully reduced its Specific Energy Consumption (SEC) by 6.3% in the last three years. Consequentially, JSHL has been successful in reducing its carbon footprint by 16,674 tonnes in the last three years. Apart from this, the Company undertook major initiatives aimed at reducing traditional energy consumption. These include replacement of conventional lights with LED lights, installation of high efficiency water pumps, and adoption of a 650 kW rooftop solar PV system. These steps have helped the Company reap benefits like clean energy, zero CO2 emission, and annual power generation of 8.5 lacs kWh. All these efforts led to JSHL becoming the first stainless steel plant in India to receive the ISO 50001:2018 certification.

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ConstructionEngineering Products

Stainless steel industry seeks relief on import duties on key raw materials to spur domestic production

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Exempt 2.5% Basic Customs Duty on import of key raw materials
Increase Basic Customs Duty on imports of finished stainless-steel flat products to bring at par with carbon steel

The Indian stainless-steel industry has urged the Union government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22. In its recommendations to the Ministry of Finance, Indian Stainless Steel Development Association (ISSDA), the apex body representing the domestic industry, has appealed to exempt the 2.5% Basic Customs Duty (BCD) levied while importing key raw materials, including ferro-nickel and stainless steel scrap. Presently, both these raw materials are unavailable in the country, making their import mandatory. ISSDA has also sought abolition of the existing 7.5% import duty on graphite electrodes, a critical component in stainless-steel manufacturing, as they constitute a major share of input cost. Additionally, ISSDA has sought an increase in the import duty on stainless-steel flat products to 12.5%, to bring it at par with carbon steel products, in order to check undue imports. ISSDA asserted that these measures, if undertaken, will not only boost domestic manufacturing but also curb undesired stainless-steel imports, thus spurring the ‘Make in India’ movement.

Mr K K Pahuja, President, ISSDA said, “The Government has set in motion a wave of reforms to boost economic growth and the Indian stainless-steel industry is ready to contribute to the ‘Atmanirbhar Bharat’ vision. This is the optimum time for the government to stop considering essential raw materials as source of revenue and provide stimulus to domestic manufacturing by exempting duties on importing critical raw materials. This step will improve the competitiveness of the domestic industry and in turn, provide impetus to the hard hit MSME segment, which has a 40 % share in the domestic stainless-steel industry. Additionally, undue imports have harmed the domestic industry which is operating at 60% of its capacity and is financially stressed after COVID-19 related disruptions. We request the government to rationalize the duty structure in order to catalyze the revival of this sector that has immense potential to generate additional jobs.”  

India continues to be the second largest producer and consumer of stainless-steel in the world. High input costs, coupled with imports from FTA countries, have eroded the global competitiveness of Indian companies. Undeterred by trade challenges, the Indian stainless-steel industry has consistently demonstrated 8-9% growth in the past few years, as compared to about 5% exhibited globally. This growth was made possible due to capacity building and modernization initiatives undertaken over the last 15 years, along with aggressive market development efforts by the industry. The demand for stainless-steel in India is growing at a compound annual growth rate (CAGR) of ~8-9% across a spectrum

of applications. Moreover, a lower per capita consumption of stainless steel at ~2.5 kg against the world average of 6 kg highlights an immense untapped potential for stainless-steel usage in India. Stainless-steel provides sustainable solutions with lower lifecycle costs across diverse applications, such as Public Transport, Buildings & Construction, Process Industries, and Food Processing etc.  

About ISSDA:
Established in 1989 by leading stainless steel producers, Indian Stainless Steel Development Association (ISSDA) was formed with the explicit objective of diversifying the applications of stainless steel and increasing usage volumes in the country. At the time of inception of ISSDA, the main visible application in daily life was essentially household kitchenware, which has now diversified significantly. Through the focused efforts of ISSDA and its member companies, the widespread and visible use of stainless steel in different walks of life is all too evident, especially in the Architecture, Building & Construction (ABC) and the Automotive, Railway and Transportation (ART) sectors. The technical strength of ISSDA is derived from its close association with the Nickel Institute, the International Stainless Steel Forum (ISSF), and close collaboration with more than 20 stainless steel development associations around the world. As a result of these efforts, India has now emerged as the second largest stainless-steel producer and consumer in the world.

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Construction & Equipment IndustryElectrical Power Industry News

ECGC: Empowering Exports

by Industrial Outlook
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ECGC, a premier Export Credit Agency (ECA) of Government of India (GOI) established in 1957, provides credit insurance covers to exporters against non-payment risks by the overseas buyers due to Commercial and Political reasons. It also provides insurance covers to banks against risks in export credit lending to the exporter borrowers. ECGC endeavors to support Indian Export Industry with its experience, expertise and underlying commitment to progress and advance of India’s exports.  ECGC promotes both Short Term (ST) exports (i.e. export realization within one year) and Medium and Long Term (MLT) exports (i.e. export realization extending over a period of more than one year). 

In all, there are 19 insurance products for exporters, 11 insurance Products for banks and 12 insurance products for Medium and Long-term Exporters/Banks.   Further, ECGC also provides Customized Covers to meet specific requests of exporters.  It has also introduced Factoring facility to MSME Sector and cover in foreign currency to Special Economic Zone Exporters.  

Risks Covered

Broadly, under policies the commercial risks covered are insolvency of the buyer, protracted default by the buyer to pay for the goods and the failure of the buyer to accept goods subject to certain conditions. The coverage also includes default and insolvency of overseas banks that open L/C as well as losses arising on account of non-payment due to discrepancies which do not materially alter the terms, subject to certain conditions.

The political risks covered are imposition of restriction on remittances by the Government in the buyer’s country or any Government action which may block or delay payment to the exporter, war, revolution or civil disturbance in the buyer’s country, new import licensing restrictions or cancellation of a valid import license in the buyer’s country after dispatch of goods by the exporter, cancellation of export license or imposition of new export licensing restrictions in India after the effective date of contract (under Contracts Policy) and payment of additional handling, transport or insurance charges occasioned by interruption or diversion of voyage which cannot be recovered from the buyer. 

Some of the major policies for Short Term Covers are as follows:

  1. Shipments (Comprehensive Risks) Policy: For Exporters whose anticipated annual export turnover is more than Rs.500 lakhs will be eligible for this Policy. This is a Standard Whole-turnover Policy wherein all shipments are required to be covered under the Policy.
  1. Exports (Turnover) Policy: Turnover Policy is for the benefit of large exporters who contribute not less than Rs.20 lakhs per annum towards premium. The policy envisages projection of the export turnover of the policyholder for a year and the initial determination of the premium payable on that basis, subject to adjustment at the end of the year based on actual. This is a Standard Whole turnover Policy wherein all shipments are required to be covered under the Policy.
  1. Single Buyer Exposure Policy: This policy is provided to insure exporters having a large number of shipments to a particular buyer with simplified procedure and rationalized premium. An exporter can choose to obtain exposure based cover on a selected buyer. The cover would be against commercial and political risks. The option to exclude L/C shipment is available.
  1. Multi-Buyer Exposure Policy: This policy is suitable for exporters who export to a large number of buyers and the number of shipments made by them is quite high. If the transaction is on L/C terms, failure of the L/C Opening Bank in respect of exports against L/C will also be covered.
  1. Small Exporters Policy: An exporter whose anticipated annual export turnover for a period of one year does not exceed Rs.500 lakhs is eligible for this Policy. This is a Standard Whole turnover declaration based Policy wherein all shipments are required to be covered under the Policy.

ECGC’s Export Factoring Facility:

Under this policy, ECGC will enter into an agreement with the exporter to purchase the export receivables without recourse and assume credit risks on the overseas buyer. If the buyer defaults, the payment for undisputed liability will be made by ECGC.  This is designed for exporters who fall under the category of MSME as per MSMED Act 2006 and have minimum three years experience in exports with good track record.

Visit us on www.ecgc.in

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Equipment

Hitachi ABB Power Grids expands Tropos portfolio with wireless strategy for industrial communications

by Industrial Outlook
written by Industrial Outlook
New future-proof hybrid solution integrates cellular, self-healing broadband mesh technologies and partner sub-GHz technologies to enable a growing number of industrial applications.

Hitachi ABB Power Grids has introduced its new wireless communication solution with the launch of the next generation Tropos TRO600 portfolio. The business entity will introduce a hybrid wireless architecture, seamlessly integrating 2G, 3G and 4G LTE communication technologies, self-healing broadband mesh and select sub-GHz technologies from its eco-system partners into a single device. 

The new TRO600 series builds on the Tropos foundation of high availability, proven reliability, IP standards-based security, high throughput and low latency products. The solutions help to future-proof mission critical operations in industrial and utility environments.

“Expanding applications require our customers to change the way they operate their communication networks. With Hitachi ABB Power Grids’ new wireless portfolio, we are introducing a comprehensive hybrid network that addresses unique operating challenges of disparate, purpose-built communication networks,” said Massimo Danieli, Managing Director, Grid Automation business unit, Hitachi ABB Power Grids. “TRO600 is backward compatible for legacy investment protection and is future-proof for many years to come. Edge-compute capability will enable our customers’ digital transformation journey to an increasing number of Industrial IoT applications,” he added.

The new TRO600 portfolio of wireless products offer the optimal combination of technologies to meet multiple use cases in mining, oil and gas, utilities and smart cities, and are configured to the customers’ specification. The hybrid approach unifies communications to all devices, ensuring fast, secure, and reliable connectivity for each operational need. The solutions provide a combination of interoperable technologies on a single communication network, enabling applications for edge devices, mobile devices and field networks. This powerful hybrid combination will be fully factory integrated for increased reliability, ease of deployment and reduced total cost of ownership.

Hitachi ABB Power Grids wireless solutions share Supros, a unified network management platform, enabling simpler and more efficient network deployment and operation. The Supros network management system, with powerful visualization tools, manages all the radios in the Tropos network from a single console.

About the Tropos TRO600 portfolio

The Tropos TRO600 portfolio offers a mix of public and private communication technologies including 3GPP, 2G, 3G and 4G LTE and wireless mesh for high reliability and performance, supporting the widest range of operational requirements. TRO600 comes with dual-SIM configuration for an always-on, reliable mobile connection. Customers can reduce expenses by switching network traffic between 3GPP options and mesh for the lowest operating cost. 

The TRO600 family also supports feature upgrades to meet the needs of future applications, thereby reducing the risk of technology obsolescence and ensuring a long network lifecycle. Hitachi ABB Power Grids’ wireless technology roadmap will enable the smooth transition of industrial customers’ communication infrastructure to robust, state-of-the-art networks based on 5G and Wi-Fi 6, in the future.

The TRO600 provides the essential security needed for mission critical, industrial grade wireless networks. Advanced security features include secure storage of keys and credentials, device certificates and comprehensive options for encryption and authentication. The TRO600 is an all-in-one, factory integrated, ruggedized router, designed for reliability, security and ease of deployment.

Source: Hitachi ABB Power Grids Ltd.

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