Monday, June 21, 2021

Table of Contents for Ticker Tape





Equipment

50 PERCENT EMPLOYEES AT VIZAG PLANT TO BE WOMEN: YOKOHAMA OFF-HIGHWAY TIRES

After witnessing many surprising outcomes from the all-women shop-floor at its Dahej plant, Yokohama Off-Highway Tires has decided to have 50 per cent staff as women at its upcoming plant in Vizag. The world’s leading off-highway tyre maker began hiring women for the shop-floor in September 2018, thus becoming the first tyre company to do so on its heavy-duty tyre shop-floor at the Dahej plant, with lots of apprehensions given the nature of the work, said Yokohama India Group Head Nitin Mantri.

They rolled down the first tyre in February 2019 after the induction and training programme and were inducted into the truck and bus radial unit first and then extended to radial OTR (off-the-road) unit in February 2020.

Currently, 7 per cent of its total workforce are women, and there are 108 women on the shopfloor, over the next two years 15 per cent of the total workforce will be women. As of March, there are 108 women on the floor, including six supervisors who lead these two teams. From zero per cent women on the shop floor in 2017 to 7 per cent women workforce now, the company aims to touch 15 per cent by 2022. The company’s upcoming factory in Visakhapatnam will also have 50 per cent women workforce. These women are responsible for production of up to 1,200 tonnes per month. In the first phase of the Vizag plant, which will be commissioned mid-2022, there will be 400-500 women employees. Similar will be their number in the second phase too. The ground-breaking for the USD 165-million Vizag plant was carried out last month and the work is in full swing, and will be commissioned by the middle of next year.

 

 

Tata Motors sees CV industry growth at over 30% next fiscal

Homegrown auto major Tata Motors expects the commercial vehicles industry to grow over 30 per cent in the next fiscal on the back of cyclical demand uptick and overall recovery of economic activity.

The company recently launched its latest range of intermediate and light commercial trucks (I&LCV) - the Ultra Sleek T-Series with price starting from Rs 13.99 lakh (ex-showroom Delhi), is also seeking to cash in on the return of demand and enhance its market share in the segment.

The domestic CV industry, which started to go on a slump from November 2018 due to increase in axle load norms, credit crunch and economic slowdown, coupled with BS-VI transition and the disruptions of the COVID-19 pandemic, is now recovering gradually.

From a decline of 90 per cent in the Q1, to a dip of 24 per cent in Q2 and a low single digit drop in Q3, the CV sales have picked up momentum, even in the Q4, month-on-month there has been growth in sales.

On the company’s new Ultra Sleek T-Series, that has been designed and engineered to suit contemporary demands of urban transportation and available in three models T.6, T.7 and T.9, he said these trucks are a new landmark in urban freight transportation due to sleeker design and enabling faster movement leading to higher utilisation and revenue with more trips.

While the T.6 is priced at Rs.13.99 lakh, the T.7 is tagged at Rs.15.29 lakh and T.9 comes at Rs.17.29 lakh (ex-showroom). The Ultra range of CV since its launch about three years ago has sold over 20,000 units with over 50 per cent market share in the I&LCV segment.

The Ultra Sleek T-Series range has been designed and developed to address the need of an emerging trend in the transportation industry. These trucks are equipped to cater to a wide variety of applications, such as transportation of e-commerce products, FMCG, industrial goods, LPG cylinders, and refrigerated containers for transportation of COVID-19 vaccine, pharmaceuticals as well as food items such as eggs, milk and fresh farm produce.

 

 

Haulotte launches 16m electric articulating boom

Haulotte has launched a new 16m working height electric articulating boom lift, available in two versions; the Sigma 16 and Sigma 16 Pro. Designed for a range of indoor and outdoor applications, including Industrial, maintenance, finishing and renovation jobs, the new models are designed to offer an enhanced working envelope thanks to their outreach and up and over clearance capabilities.

The Sigma 16’s horizontal outreach of 8.35m is achieved on a 6.6m long x 1.75m wide base. The model also offers an up and over clearance of 7.4m and a 230kg lift capacity. It has a 2m height in stowed position, a transport length of 6.6m and weighs 6900kg.

The Sigma 16 Pro version is slightly heavier and longer but offers a horizontal jib rotation of -55° /+55°, as well as the standard vertical jib rotation.

Standard features on both versions include 2 wheel drive and 2 wheel steer with zero tail swing. It is powered by AC motors and a 48V battery pack and comes with Haulotte’s Activ’Energy Management battery management system smart, the Activ’Shield

Bar 2.0 secondary guarding and Activ’Lighting System for safe loading in low visibility conditions. The embedded Activ’Screen diagnostic system has a colour screen. Among other items are the upper control box cover and tool tray in a 1.2m wide basket, for two people, with drop bar entry. The model also comes with large solid, non-marking industrial tyres, AC power to basket, a lockable battery circuit breaker and motion alarm. Options include a side swing door and front drop bar, a 1.5m wide basket, basket plug (110/230 V), cold countries hydraulic oil and the Haulotte Activ’Energy Management: manual or automatic battery water-filling system, among others.

 

 

Shoring access towers used on Dubai’s Shindagha Corridor

RMD Kwikform has provided temporary shoring access towers for a new road network in Dubai, UAE, as part of the AED5.035 billion ($1.37 billion) Shindagha Corridor project.

The Shindagha Corridor project, which is being run by Dubai’s Roads and Transport Authority, comprises the construction of a 13km-long road network along the city’s coastline.

RMD Kwikform was contracted by China State Engineering Company to provide two 16-metre-high, free standing shoring towers for the construction of an extension to the Shindagha Bridge.

Due to the project’s high loads and space restrictions, the company provided its Tubeshor system for the works. It was the first time the hybrid hydraulic tubular shoring system had been used on a vertical application and use of the tower required RMD Kwikform to design a special connector that enabled the tubes to be connected to horizontal members.

David White, general manager for ground shoring at RMD Kwikform – Middle East & India, said, “China State Engineering Company was looking for a steel fabrication unit to design and supply the support towers, as this kind of heavy steel job is generally undertaken by steel fabricators, not proprietary formwork suppliers.

 “This was the first vertical application project of the Tubeshor fleet and was designed to provide a cost-effective, safe and convenient solution for such a critical operation. The system supplied by RMD Kwikform consisted of minimal elements, which reduced the time required for installation and dismantling of the support towers, hence why it was chosen over alternative bespoke steel options from our competitors.”

During phase 2D of the project, the towers were used to support the proof loading of a fully loaded 120-metre bridge launching gantry that had to withstand wind speeds of 160kmph.

The towers were engineered to provide vertical loads of approximately 7000kN and lateral loads of 240kN in both directions. According to RMD they were used to support the precast launching gantry segment during load testing.

Upon completion, the Shindagha Corridor will increase the capacity of the Dubai’s current road system and reduce journey times along the city’s coast.

 

 

China’s construction equipment maker Sany eyes India listing in 2-3 years

Chinese construction equipment major Sany is planning for a listing in India in the next 2-3 years even as it invests more in localisation and building export capabilities.

Having invested almost Rs.1,000 crore in the Indian market so far, the company is looking to invest over Rs.1,000 crore more over the next five years. The funds will go toward increasing its manufacturing capacity and localisation levels from an average of about 35% now.

Sany aims to triple its revenue during the same period. It had revenue of about Rs.1,500 crores in FY20 and the company has been profitable since 2016. It has been gaining market share for the last 5-6 years and now leads the domestic crane and piling rigs market, while it ranks fourth in the excavator segment with a share of about 17%.

The investment will be funded by internal accruals as well as fresh capital infusion by its parent company.

The second-largest market for Sany outside of China, India could also serve as an export base. Sany India already exports some components and machinery to neighbouring countries - Nepal, Sri Lanka, Bangladesh, Maldives – and the US and Europe. Aided by the government push on infrastructure spending, demand for construction equipment has recovered sharply in the past few months and has even exceeded pre-Covid sales levels.

 

 

Caterpillar launches Stage V dozer

Caterpillar has launched a new Stage V dozer as part of its D7 equipment range for the European, Australian and New Zealand markets. The D7 is the successor to the company’s D7E model. It is fitted with a C9.3B engine with an automatic four-speed transmission that provides 197kW (265hp) of power and 12% more horsepower than the company’s previous dozer model. With an undercarriage that has been redesigned for high performance, it can also move up to 8% more material per hour than its predecessor and has a 10% higher blade capacity.

Weighing 29.8 tonnes, Cat said the model is also 6% heavier than the D7E and that its “elevated sprocket undercarriage delivers better ride and balance, as well as increased penetration force”.

According to the manufacturer, the model’s redesigned cab offers more space than the cab’s of its D5 and D6/D6 XE models.

Alongside an adjustable seat and control options, the cab is fitted with a 10-inch touch screen that allows operators to access Cat’s Slope Indicate and Product Link functions.

The D7 also comes “Remote Control Ready” and includes an external connector that allows dealers to install a plug-and-play roof-mounted remote control unit.




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