| With the rise in the growing economy there | | | | purposes companies used to tie up the |
| has been increase in the development of the | | | | construction equipment with chains and |
| infrastructure. For this construction work | | | | padlocks but of late these have been proved |
| has been on rise, which have led to the | | | | to be inefficient. |
| demand of construction equipment. | | | | |
| Construction equipments are of various types | | | | Now-a-days construction companies are asking |
| and serve different purposes. | | | | the manufacturers to instill laser-cut |
| | | | identification labels with key identification |
| Heavy construction equipment include | | | | numbers. These key numbers would prove to be |
| bulldozers & track loaders, rubber tire | | | | the tracking number just like engine number |
| loaders, cable cranes, hydraulic cranes, | | | | and chassis numbers in automobiles. A |
| stationary cranes, graders scrapers & | | | | proposition of seventeen-digit global |
| rollers, paving equipment, rock crushers, | | | | numbering system has been put forward in the |
| screeners & washers, trenching equipment, | | | | construction industry to prevent stealing of |
| etc. There has been technical advancement | | | | construction equipment. This would ensure |
| also in the attachments and part required for | | | | recapturing of stolen construction as well |
| the construction equipment. Three are various | | | | prevention of shipment of stolen construction |
| types of buckets, blades, couplers cutters, | | | | equipment to other neighboring countries. |
| forks, grips, hammers and shovels. | | | | |
| | | | Advancement in the construction industry has |
| There has been a growth in companies opting | | | | led to development of operator |
| for rental construction equipment or leasing | | | | comfort--air-conditioned cabs, steering |
| them. The main reason behind this is lower | | | | wheels that can be tilted and devices to |
| capital investment and lower maintenance. | | | | prevent noise pollution. Producers are |
| Moreover, good construction equipment is | | | | featuring global positioning satellite |
| available at great bargain prices. This | | | | technology for improved surveying and for use |
| construction equipment give good productivity | | | | in driver-less trucks operating on a fixed |
| paralleled to new equipment. Also the smaller | | | | route. |
| fleet ar able to squeeze out construction | | | | |
| equipment. | | | | Increase or decrease in the construction |
| | | | sector directly affects the sale or purchase |
| Apart from purchase, leasing and rental of | | | | of the construction equipment. If the economy |
| the construction equipment, there are also | | | | of the country is growing at a healthy pace, |
| security issues attached to them. These days | | | | it leads to development of new projects as |
| companies and constructors are much worried | | | | well as upgrading the older ones. All this |
| about securing their construction equipment. | | | | requires construction equipment either to be |
| Since construction equipment do not have any | | | | purchased or leased by the construction |
| tracking number on them thus recovery of any | | | | companies. Further, an association for the |
| stolen construction equipment is very | | | | inspection and certification of used |
| difficult. Most of the time the construction | | | | construction equipment has been formed. This |
| equipment is recovered several kilometers | | | | has been done to promote online sales of used |
| away from the construction site. But recovery | | | | heavy construction equipment. This is |
| of equipment is very difficult. Thus a new | | | | required by the companies taking up projects |
| system of putting the tracking number has | | | | at various locations in the foreign land. |
| been put into effect. Earlier, for security | | | | |