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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