Archer operates in the industry of providing Cranes and Heavy Lifting Equipment, from 10 tons to 450 tons capacity, to companies spread across diverse industries such as infrastructure & engineering, power, renewable energy, construction, oil & gas and cement. We are a young company that maintains global aspirations to be among the leading heavy lifting equipment solution providers in the world. We have the backing of committed investors along with the advantage of a highly qualified, young and motivated leadership team that aspires to establish Archer as the leading player in the heavy lifting equipment solutions industry world-wide. To achieve our goals, we consistently strive to maintain an innovative business model that allows us to provide exceptional value to not just our customers but to all of our stakeholders.
We nurture an Environment of Innovation, Learning and Collaboration to deliver Value to our stakeholders across the Globe.
Archer Cranes developed from the DNA of Ansari Cranes; a third generation crane rental company with a strong pan-India presence. During the period 1999-2000, the road adjoining the company’s office & engineering facility was renamed to Ansari Road as recognition by the local civic authorities of the positive impact created by the company in the surrounding community. Having worked with top Indian and international companies such as RIL, L&T, Siemens, GM, ACC, Holcim, Kenersys etc., Ansari Cranes has consistently maintained its leadership position in the heavy lifting equipment industry. Since Reliance established its Jamnagar facility in 1997, Ansari Cranes has been a constant provider of cranes to this facility till date. Furthermore, our relationship with major industrial giants such as Bajaj, Thermax, Bharat Forge etc. have continued for more than three decades. Furthermore, Ansari Cranes has successfully completed various arduous projects such as using crawler/ mobile cranes in remote and inaccessible areas as well as challenging urban projects.
1996: Ansari Cranes becomes the largest fleet owner of 10 Ton cranes in India with 65 Units owned.
2003: First Indian crane rental company to successfully achieve ISO 9001:2000 certification.
2007-09: Broke into the coveted list of the Top 100 global crane rental companies as per the annual rating carried out by International Cranes Magazine. During the same period, Ansari Cranes was among the top 3 crane rental companies in India.
India's Gross Domestic Product (GDP) nearly touched 9% during the period 2003-04 to 2007-08. Despite the financial crisis that struck the global economy in 2008-09, India was able to quickly rebound to an average growth rate of 7.7% during 2009-12. This recovery could be attributed to a well-managed and coordinated fiscal and monetary stimulus. Currently, India is the best performing nation among the emerging and developing economies (EDE) as can be gauged from the IMF's (International Monetary Fund) decision to revise its growth prospects for all EDEs except that of India. In 2013-14, India's per capita GDP touched ~ USD 1,500 and the overall GDP stood at USD 1.9 trillion. As per Moody's Analytics, India is currently seeing an upturn in its economic progress that can be attributed to recent increase in domestic demand, government infrastructure and disinvestment programmes and shift to investment-led growth. An inclusive and collaborative effort between government, industry, investors and consumers will lead to a sustained growth trajectory for India in the coming decade.
With the introduction of new infrastructure projects in conjunction with the long-term utilization nature of the industry, the global construction equipment is expected to grow from USD 131 bn to USD 195 bn during the period 2013-18, clocking growth at over 8%. Asia-Pacific constitutes more than 50% of the global CE market, with India and China leading the way. Despite seeing depressed demand during the last 2-3 years, India's construction equipment market is expected to see a high growth rate over the next 5 years. With a stable government at the centre that is focused on reducing infrastructure & investment bottlenecks, India can expect infrastructure spend as a % of GDP to grow to 9% by 2017 (from 7% currently). The construction equipment rental market in India is highly fragmented, unorganized and accounts for less than 10% of the overall construction equipment market. Thus, with the industry maturing, demand for high quality and value services is expected to rise.