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The Hindu : At the Discover Vaishnovi exhibition organised recently by the Chennai-based Vaishnovi Infrstructure Engineering on a two-acre plot on Tumkur Road, the display included a diverse range of infrastructure and mining equipment such as excavators, bulldozers, motor graders, cranes and mobile crushers.The company commands 50 per cent market share in the refurbished equipment space and the products are in demand in the construction industry due to their versatility and cost effectiveness.Vaishnovi is one of the very companies in the organised sector that is providing the market with the choice of acquiring pre-owned equipment.Major Japanese manufacturers such as Komatsu, Kobelco and Hitachisupply the pre-owned equipment.Import“On specific request and firm order, we import and provide any equipment that may be of utility to the construction industry,” said N. Raghav Reddy, Managing Director of Vaishnovi.Its product line includes excavators ranging from six to 70 tonnes and with optional attachments such as rock breaker, clamp shovel, longer attachments, short sticks for tunnel and constrained application and 20 tonne to 150 tonne cranes, as well as motor-grader and compactor that ensure better compaction, profile and camber. “Pre-owned equipment segment is a boon to small and medium players in the industry. Most of the major BOT or BOOT contractors do depend on these players. The main contractors cannot afford to own the required number of equipment for projects and hardly posses about 40 per cent of the machines which are required. The rest is supplemented by the small and medium segment,” Mr. Reddy said.The demand for pre-owned equipment will see a steady growth due to the boom in the construction business, he added.A.B. SUDHINDRA…More