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Liebherr: 2022 business year with new record turnover

Compared to the previous year, the company recorded a turnover growth of Euro 950 mn

JK Tyre to invest Rs 9 bn over two years for expansion

JK Tyre & Industries will invest Rs 9 billion in capacity expansion over the next two years.

Up-grading roads!

The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.

Eyeing new heights

The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.

Schaeffler wins Railsponsible Supplier Award 2021

Schaeffler, the world’s leading automotive and industrial supplier, has received the Railsponsible Supplier Award 2021 in the “Climate Change and Circular Economy” category for its 100 percent return service for axlebox bearings.

Construction sector: A huge contributor to country's development initiatives

Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.

Construction sector: A huge contributor to country's fast-paced development initiatives

Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.

Schaeffler wins Railsponsible Supplier Award 2021

• Schaeffler wins in “Climate Change and Circular Economy” category with its 100 percent return service for axlebox bearings

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

The demand for off highway tyres is at an all time high

Rajiv Poddar, Jt. MD, BKT Tires

Jindal Stainless facilitates supply of 150 ventilators for Covid relief

So far, Jindal Stainless has supplied nearly 5400 MT Liquid Medical Oxygen (LMO) to various hospitals and oxygen filling centres. Through its units in Hisar and Jajpur, the Company is supplying over 50 tonnes of Oxygen per day to 50+ medical facilities in Haryana, Delhi-NCR, and Odisha.

Volvo & BBMP set up a 100-bed Covid care centre in Bengaluru

The facility will commence operations in two phases. The phase I (comprising 40 beds) fully sponsored by Volvo Group and supported by another Swedish major IKEA India, was inaugurated recently, by the Honourable Chief Minister BS Yediyurappa

500-bed Covid Hospital at O.P. Jindal Modern School becomes operational

Jindal Stainless’ nearby oxygen plant will ensure the supply of oxygen to the hospital.

Beating Covid-19

The second wave of Covid-19 pandemic brought us to a complete standstill. However, several companies have rose to the occasion and have come forward to help hospitals treating Covid-19 patients by supplying medical oxygen.

One year of lockdown: Real estate sector beating pandemic blues

For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.

YoY demand for concrete equipment will be at 20-25% in today’s scenario

Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.

India continues to be an important market for us

Since 1958, Putzmeister has been global leaders in the world of construction and mining. The company develops, produces, sells and serves its customers with high quality and high reliability machines for pumping, distributing and placing concrete, mortar and high-density solids, and for preparing, temporarily storing, processing and transporting these materials.

Liebherr achieves over Euro 10 bn in annual turnover

Despite the modest slowdown of the global economy, Liebherr registered a strong volume of orders in the first quarter of 2020. Starting at the end of the first quarter, the coronavirus pandemic began to affect business activities in many markets.

Liebherr achieves over Euro 10 bn in annual turnover

In 2020, the Liebherr Group achieved a turnover of Euro 10,341 million. Compared to the previous year, the company posted a decline of Euro 1,409 million, or 12%.

Demand diversity in CE sector

Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.

How NIP has set the tracks for growth

Recently during an interaction with the Union Minister of Roads Transport & Highways Nitin Gadkari, the Minister reiterated that he was proud to have launched a CNG based equipment model of JCB.

Light at the End of the Tunnel

Tunnels seem to be coming up in metropolitan and remote areas alike, so TBMs and other equipment should be in demand. How is the industry gearing up?

More than 2,800 exhibitors to participate in bauma CHINA

Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC).

WOLFFKRAN Russia invests in skill development

Investment is being made not only in technical infrastructure and personnel of the production facility, but also in the development of the region’s next generation of specialists.

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

Seeking Light at, the End of the Tunnel!

Prime Minister Narendra Modi is all set to inaugurate the world’s longest railway tunnel above 10,000 feet height on October 3. The Atal Tunnel is being completed at the most difficult time of coronavirus pandemic.

GDP growth to contract by 20 per cent for Q1FY21: CARE Ratings

Taking cognizance of the adverse impact of the lockdown, CARE Ratings is expecting the real GDP growth at -20 per cent year-on-year (YoY) for Q1 FY21.

bauma CONEXPO INDIA postponed to April 2021

The event will now take place from 20 to 23 April 2021 at the India Expo Centre (IEC), Greater Noida

Messe Düsseldorf President & CEO retires

After almost 17 years as a President & CEO – and serving the company for about 34 years – Werner M Dornscheidt retired from his office on June 30, 2020. “Trade fairs are my life,” said the outgoing CEO. “What we have built up together with my team over all those years benefits the company today.

TRUMPF holds digital INTECH

From 26 to 29 May 2020, TRUMPF held its in-house trade show, INTECH digitally for the first time ever. Around 1,600 visitors from 56 countries took part in the virtual trade show. “With a digital INTECH, we were able to optimally meet the requirements of our international customers in these corona virus times,” said Reinhold Gross, Managing Director Sales and Services of TRUMPF Werkzeugmaschinen GmbH + Co KG.

German Machinery Exports to India

VDMA India conducted the VDMA Business Climate Survey to analyse the impact of COVID-19 on the German Mechanical Engineering industry in India.

Messe Düsseldorf President & CEO retires

After almost 17 years as a President & CEO – and serving the company for about 34 years – Werner M Dornscheidt will now resign from his office on June 30, 2020

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

Sany supports fight against COVID-19

Supporting the Government of Maharashtra in its fight against the Covid, Sany donated one lakh N95 masks and five lakh three-ply masks to Government of Maharashtra through MIDC.

TRUMPF holds digital INTECH

TRUMPF held its in-house trade show, INTECH digitally for the first time ever.

Ritchie Bros. eases cash flow for equipment owners

Ritchie Bros. is supporting equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow

Volvo supports healthcare professionals and police personnel

As the ongoing coronavirus pandemic continues to create unprecedented crisis in India, Volvo Group India has joined forces with the Government of Karnataka to control the transmission of this disease.

JCB India joins battle against coronavirus

JCB India has partnered with Asian Institute of Medical Sciences, Faridabad to support the fight against COVID 19. This project will be partially funded through JCB India's CSR initiative.

SDLG reopens factory following coronavirus pandemic

Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.

Our vision of ‘Always Better’ goes beyond traditional thinking

With business in more than 120 countries and direct presence in 28 countries, Elgi Equipments is consolidating its presence in global market with innovative products and services.

We will be introducing more models in near future

The market size of the foundation equipment is estimated to see a drop this year. However, from the second half of 2021 till next 3-4 years, it is likely to grow substantially.

Covid-19 Challenges Revival

The lockdown in the country has entered its third stage on May 4, 2020 in view of the deadly coronavirus pandemic continuing its grip on the country even after the six-week lockdown in two stages.

Building confidence

The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.

It can take 3-6 months to get back to a smooth industrial activity

At a time when the industry is going through tough conditions, Putzmeister is taking important steps to support its customers.

AJAX is all set to bounce back with resilience

To set the ball rolling, AJAX has become more resilient, adaptive and competitive like ever in this complex and uncertain period of pandemic with resilience and resourcefulness, says Debasis Bhattacharya, Head - Marketing, Sales & Product Support, AJAX Engineering.

Can India be an alternate manufacturing base?

Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.

Volvo Trucks? dealer develops innovative face shields for Covid-19 frontline warriors

As India fights the coronavirus pandemic, a Volvo Trucks dealer has developed a simple and cost-effective face shield with his team, for the protection of the frontline warriors of COVID-19.

SDLG reopens factory following Coronavirus pandemic

Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.

Eicher Group pledges support to fight COVID 19 pandemic

Eicher Group has pledged its commitment and contribution towards aid for the unprecedented crisis caused due to the Coronavirus pandemic outbreak in India.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

Zoomlion launches 'Cloud Marketing' initiative

Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new "Cloud Marketing" model in response to the coronavirus outbreak world over.

Volvo Group India supports healthcare professionals and police personnel

As the ongoing coronavirus pandemic continues to create unprecedented crisis in India, Volvo Group India has joined forces with the Government of Karnataka to control the transmission of this disease.

Bracing for Future Opportunities

The engine is the heart of a vehicle or an equipment. So, engines play an important role in the successful operations of the equipment.

Engineering Growth

The growth prospects of off-highway diesel engines market is obvious in the coming years as the infrastructure equipment will play a major role in the infrastructure creation in the country.

Paving to Perfection

The projects planned in roads, highways and expressways under the National Infrastructure Pipeline for the next five years will drive the demand for pavers during the period.

The World Has Changed

While at EXCON 2019, Union Minister Nitin Gadkari brought smiles to the faces of the worried construction equipment (CE) industry captains, the pandemic outbreak has wiped that smile into oblivion.

JCB joins the battle against coronavirus in India

JCB India has partnered with Asian Institute of Medical Sciences, Faridabad to support the fight against COVID 19. This project will be partially funded through JCB India?s CSR initiative.

SAMIL introduces online vehicle trading platform

Shriram Automall India (SAMIL) has been prompted by the COVID 19 impact to shift to customer-friendly digital solutions including the launch of online vehicle trading platform, MySAMIL app to win over the business threat during India lockdown.

COVID 19 Impact

With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

bauma CTT RUSSIA postponed to Sep 8-11, 2020

Following the directives of the Government of the city and region of Moscow to prevent and control the novel coronavirus disease (Covid-19) from spreading, Messe M?nchen postponed bauma CTT RUSSIA, which was planned to take place in May.

Zoomlion launches ?Cloud Marketing? initiative

Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new ?Cloud Marketing? model in response to the coronavirus outbreak.

Make in Steel 2020

Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.

Braving challenges

With this March marking the closure of another financial year in the country, the world economy is reeling under a host of issues ranging from the slowdown that hit the market for more than a year to the coronavirus scare.

SDLG excavators support Wuhan?s hospital build

Four SDLG excavators ? three E660FL and an E6500F ? helped expedite construction of two hospitals in Wuhan, China, as part of the government?s effort to treat patients with coronavirus infections and ease the shortage of hospital beds.

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