Construction Mirror Article detail

The infrastructure sector is a crucial driver for the Indian economy. The industry is essentially responsible for propelling India’s overall development. This is the reason it enjoys special attention from the Government for initiating policies that would ensure the country’s time-bound creation of world-class infrastructure. The construction industry plays an instrumental role in the overall infrastructure development of a country. India’s construction industry is forecast to record growth of 11.8% in 2021 and expected to become the world’s third-largest construction market by 2022.

Following the outbreak of the Coronavirus (COVID-19) pandemic and subsequent lockdown restrictions weighed on the industry’s output last year, it experienced a contraction of 12.4% in 2020. Construction was among the significantly impacted industries due to it and sales of construction equipment also fell globally. But since June 2021, the employment-intensive construction industry has witnessed resumption in operations, albeit at a curtailed level.

As the restriction ease out further and the sectors takes charge of building activities full throttle, there will be an increased impetus to develop infrastructure in the country, attracting both domestic and international players. Private sector is emerging as a key player across various infrastructure segments, ranging from roads and communications to power and airports.

In the Union Budget 2021, the government allocated Rs. 60,241 crore (US$ 8.28 billion) for road works and Rs. 57,350 crore (US$ 7.88 billion) for the National Highways. It plans to construct 8,500-kms road by March 2022. Add to this, rapid urbanization leading to increased demand for housing projects. The increasing number of infrastructure projects and mega construction projects are anticipated to further fuel the demand for construction equipment, which is touted to be the backbone of this industry. In keeping with this projected demand, the global construction equipment market size is projected to reach USD 205.0 billion by 2025, from an estimated value of USD 169.3 billion in 2020, at a 3.9% CAGR.

Light & Portable Construction equipment’s “Powered by Honda” 4 Stroke GX engines, manufactured & marketed by Honda India Power Products Ltd. (HIPP) are contributing significantly to the current industry need and powering the dreams of over five million customers, with a legacy of over 35 years of serving in India. Honda has been a market leader in successfully introducing its 4-Stroke technology powered GX Engines for construction equipment across the world. USP’s of Honda GX Engines are its portability, light weight construction, durability, and unmatched fuel efficiency so important for continuous and heavy-duty work requirements at any construction site. Honda GX Engine powered construction equipment like Concrete Mixer, Concrete Cutter, Vibrator, Soil Compactor, Surface Leveller etc. bring about a remarkable improvement in productivity as compared to the prevailing conventional machinery.

Our construction product portfolio includes:

·         Advanced 4 Stroke GX Engines (1 ~ 22 hp) powering a range of construction equipment’s like concrete mixer, needle & plate vibrators, concrete cutter, surface leveler, soil compactor and stone breaker etc. to name a few

·         Portable Generators (0.75 ~ 5.5 kVA) find usage at construction sites providing portable power for various electric power tools used in construction work besides lighting requirement in remote location or for emergency power back-up

·         Portable Water pumps (1.5” ~ 3” diameter outlet.) are often used at various construction sites for various usages ranging from curing of freshly laid concrete structures to De-watering of basements and submerged areas

·         Power Tiller (2 & 5 hp) & Brush Cutters (1 ~ 2 hp) are finding increasing acceptance for site clearance and de-weeding applications at construction sites

·         Honda Lawn Mower’s offer an ideal solution for landscape maintenance in and around construction sites

Honda 4-Stroke Over Head Valve (OHV) Engine powered construction machines are very well accepted worldwide for various construction related activities. We have always been at the forefront of introducing latest technology in the Indian market and are ably supported by HRID (Honda Research & Industrial development) in identifying customer requirements and potential applications by regular market research on emerging trends and changing customer needs with rapidly changing business and work requirements.

It is an undisputed fact that infrastructure and construction hold the key to country’s fast-paced development. HIPP has been and will continue to stay committed to steer the country’s growth in the right direction and do our best to realize the vision of the Prime Minister for building an ‘Atmanirbhar Bharat’ by successfully ‘Making in India’ for our customers.