Thursday 3 October 2013

Used Construction Equipment Market in India

India aims at major infrastructure development. A massive investment is targeted to serve the purpose. Accordingly, the construction equipment manufacturing industry estimates that demand for used construction equipment would go up to around 100,000 units during 2014. This includes backhoe loaders, crawler excavators and dozers, wheel loaders, asphalt pavers, motor graders, air compressors, dump trucks, concrete and asphalt batching plants, concrete pumps, piling rigs, compactors, and mobile cranes.


Over the last 3 – 4 years used construction equipment industry in India has seen the inflow of mechanisms from Japan, USA, and Korea. Simultaneously, to survive in the air of competition, a number of domestic companies have seen expanding their scopes of diversifying their product portfolio.

According to a research report, some important trends have been identified to revolutionize the used construction equipment market. While these trends mainly focus on the growth opportunity, investment in infrastructure sector is also on the cards. The increasing dominance of price and value focused customers; deeper engagement of global equipment players in India; and increasing opportunities for exports are some of the trends that is most likely to have an impact on the industry.


To meet the ever increasing demand in the market, in the background of unfavorable monetary implications, there has subsequently grown a huge market for used construction equipment. Shriram Automall India Limited (SAMIL) operates to serve this purpose. SAMIL makes it easy for the buyers and the sellers of construction equipment in India by offering a reliable bidding platform. The company has been dealing in used vehicles, farm/agricultural equipment and machinery for a long time. The company has received a lot of positive feedbacks already and many successful events have taken place with big manufacturers as well. Interested people can log in to the SAMIL’s official website http://bids.samil.in for more information about acquisition and disposal of used construction equipment.

Read more about used vehicles India and used cars India.

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