Construction Equipment Industry
Commits to a Sustainable Green Environment: Upgrades to BS IV
BS IV compliant machines will not only help in lowering emissions but also the maintenance cost, and along with their higher fuel-efficiency, reduce buyers' total cost of ownership.
The Indian government has imposed a strong implementation of the CEV Stage IV emission regulation, effective from April 1, 2021. On March 5, 2018, the Ministry of Road Transport and Highways released the guidelines for off-road Bharat Stage IV emission standards, recommending stringent emission limits on particulate matter (PM), nitrogen oxide (NOX), hydrocarbon (HC), and carbon monoxide (CO).
The CE Industry has been gearing up for the new emission standards, and many OEMs have already launched their new, upgraded BS IV compliant machines in the market.
However, both the sellers and the buyers are aware that the implementation of BS IV emission norms will pose certain challenges (initially) - the most marked being the higher cost inputs of the new machines, and the need to upskill the users and the service providers on the new technology. But, on the upside, the CE industry is confident that this will be a temporary phase and the market for the new machines will soon open up; once buyers understand the performance benefits of BS IV compliant machines, and their reduced cost of ownership with a good RoI, they will readily accept them.
There is no doubt, however, that the benefits of BS IV compliant machines are aplenty and far outweigh the disadvantages of higher cost, unaffordability, and the lack of skillsets for grasping the new technology. The OEMs emphasize that besides the environmental benefits, the new CEV IV engine technology will enable an extensive communication interface, facilitate more productivity, more fuel efficiency, and, thereby, more profitability for consumers.
Manufacturers, anxious that the higher price of their machines will discourage fresh sales, especially amongst first-time buyers, are ready to offer lucrative finance schemes to buyers through tie-ups with banks and NBFCs, along with extended financing tenures, AMCs, and buybacks of their existing machines. They are also organizing training programs and demos for their service team and that of their dealers and customers to apprise them of the benefits of the new technology and the value-added features in their machines.
In the meanwhile, the rental and second-hand equipment market is likely to see increased demand as the initial deterrents (high price, lack of awareness and skill) will compel many potential buyers to opt for rented or used machines over a new purchase.
India's CE Industry must also consider the possibility that by being technically at par with advanced countries, it can become a strong global contender in the field of construction - even an 'Atmanirbhar' manufacturing hub.
BS IV compliant machines will not only help in lowering emissions but also the maintenance cost, and along with their higher fuel-efficiency, reduce buyers' total cost of ownership.
The Indian government has imposed a strong implementation of the CEV Stage IV emission regulation, effective from April 1, 2021. On March 5, 2018, the Ministry of Road Transport and Highways released the guidelines for off-road Bharat Stage IV emission standards, recommending stringent emission limits on particulate matter (PM), nitrogen oxide (NOX), hydrocarbon (HC), and carbon monoxide (CO).
The CE Industry has been gearing up for the new emission standards, and many OEMs have already launched their new, upgraded BS IV compliant machines in the market.
However, both the sellers and the buyers are aware that the implementation of BS IV emission norms will pose certain challenges (initially) - the most marked being the higher cost inputs of the new machines, and the need to upskill the users and the service providers on the new technology. But, on the upside, the CE industry is confident that this will be a temporary phase and the market for the new machines will soon open up; once buyers understand the performance benefits of BS IV compliant machines, and their reduced cost of ownership with a good RoI, they will readily accept them.
There is no doubt, however, that the benefits of BS IV compliant machines are aplenty and far outweigh the disadvantages of higher cost, unaffordability, and the lack of skillsets for grasping the new technology. The OEMs emphasize that besides the environmental benefits, the new CEV IV engine technology will enable an extensive communication interface, facilitate more productivity, more fuel efficiency, and, thereby, more profitability for consumers.
Manufacturers, anxious that the higher price of their machines will discourage fresh sales, especially amongst first-time buyers, are ready to offer lucrative finance schemes to buyers through tie-ups with banks and NBFCs, along with extended financing tenures, AMCs, and buybacks of their existing machines. They are also organizing training programs and demos for their service team and that of their dealers and customers to apprise them of the benefits of the new technology and the value-added features in their machines.
In the meanwhile, the rental and second-hand equipment market is likely to see increased demand as the initial deterrents (high price, lack of awareness and skill) will compel many potential buyers to opt for rented or used machines over a new purchase.
India's CE Industry must also consider the possibility that by being technically at par with advanced countries, it can become a strong global contender in the field of construction - even an 'Atmanirbhar' manufacturing hub.
JCB India - Deepak Shetty, CEO & Managing Director
Sustainable growth has always been one of the cornerstones of our operations, so we welcome the introduction of CEV Stage IV Emission Standards for Wheeled Construction Read More...Schwing Stetter India - V.G. Sakthikumar, Managing Director
We are launching our SLM of BS IV Engine with increased output, which will lead to higher productivity with benefit of fuel consumption. This will help rental companies to Read More...ACE - Sorab Agarwal, Executive Director
Our newly introduced AX 124 Backhoe Loader is powered by a highly efficient BS IV engine and will give 10-15% higher productivity. Our all-new AX 124 BS IV Backhoe Loader offers Read More...Wirtgen India - Ramesh Palagiri, MD & CEO
Justification of the price hike for BS IV compliant machines in a price sensitive Indian market will be a challenge, but while the new emission norms will add to the cost, it will make Read More...Fayat Road Equipment Division, Dynapac India - Abhijit Som, Managing Director
We will support customers who would like to upgrade their BSII/BSIII machines to our new CEV Stage IV machines. Every technological change brings some challenges, but we see Read More...Tata Hitachi - Rahul Shorey, National Head – Construction
Our newly launched fuel efficient SHINRAI PRIME CEV IV compliant backhoe loader and the TL340 PRIME CEV IV wheel loader will give customers the benefits of long-term costs of Read More...Liugong India - A. Krishnakumar, President
The BS IV compliant equipment is the latest standard internationally and in fact very soon we will also go to the next level of BS V; this is necessary for our environment as lower Read More...AJAX Engineering - Ajay Aneja, Chief Marketing Officer
AJAX all-new CEV Stage-IV compliant ARGO series with CRDi Engine, Turbo Charger, and patented Load Cell Weighing System, are more fuel efficient and offer higher productivity Read More...Escorts Construction Equipment - Abhijit R. Shinde, Head - Sales & Marketing
Escorts has adopted the much superior 4-valve technology engines that deliver a much higher torque and give better fuel efficiency. We were amongst the first to start selling Read More...KYB-Conmat - Sailaj Verma, Senior VP
Transition to the new emission norms will be a big challenge both for the manufacturers due to increased technological costs and for users due to high maintenance and running Read More...CASE Construction Equipment - Sandeep Mathur, Brand Leader India & SAARC
Consumers are our topmost priority and we will support them in getting adapted to the new technology/compliance. BS IV engine will give better performance and mileage Read More...Mahindra Construction Equipment - Jalaj Gupta, Business Head – Commercial Vehicles
Mahindra already has a huge experience with respect to CRDI Engines, which are being used by many in-house and other OEM products. Our BS IV engines are being used in Read More...
