Volvo launches new excavator
Volvo Construction Equipment India, part of the 170-year-old Volvo Group,
with head office in Brussels, Belgium, launched a brand new piece of
construction equipment in Mumbai last week - EC 140 BLC Hydraulic Excavator. The
company has come a long way since it first introduced hydraulically manoeuvred
excavator in 1967.
Some notable features of this advanced machinery include low noise level and a
roomy, comfortable, air-conditioned operator's cabin to use the equipment with
ease and efficiency. The cab is easy to access via a wide door opening and is
supported on hydraulic dampening mounts to reduce shock and vibration levels.
The air is distributed in the cab from 13 vents. The ergonomic seat has nine
different adjustments plus a seat belt for comfort and safety.
The model is sturdy and strong and suitable for tough digging conditions. The
engine, made in Germany, is specifically designed for excavators, saves fuel,
and has a long service life.
Volvo is already a name to reckon with the world over in buses, trucks, aircraft
engines, marine and industrial drive and aero engine components. Now, with the
launch of EC 140 BLC Hydraulic Excavator, it is likely to fortify its position
in the excavator market in India in which it has nearly a 12 per cent share for
Volvo Construction Equipment's broad product range contains articulated haulers,
compact excavators, compact wheel loaders, and backhoe loaders, etc.
Mrityunjaya Singh, Vice President, Volvo CE India, observed, "The CE market is
around 6,000 units annually whereas in China and Korea the figures are 180,000
and 50,000 respectively. However, these figures are not positive enough to set
up an equipment plant in India." As a result, the entire range of construction
equipment is fully imported from Germany and Korea.
Volvo occupies number three position in the construction equipment segment in
India. Seventy per cent of the segment is hydraulic excavators which sell about
4,000 units annually. 45 per cent of its estimated Rs 1,000 crore revenue comes
from construction equipment. Volvo CE caters to segments like mining, equipment
rental, irrigation, road construction and urban development.
[26 June 2006]