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Transforming Logistics
The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
2030 Goal: 250,000 Excavators!
India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
Vedanta rolls out lucrative scheme for MSMEs under ‘Saathi’ programme
Vedanta, India’s leading producer of metals and oil and gas, has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week.
Minister was speaking at webinar on road development as part of NIP
Minister was speaking at webinar on road development as part of NIP
Innovation has been cornerstone of JCB’s operations
In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.
JCB India launches industry’s first dual-fuel CNG backhoe loader
The dual-fuel CNG backhoe loader can operate on CNG and diesel simultaneously
Govt aims to make India a construction equipment manufacturing hub: Gadkari
Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways said that the government is targeting at making the country a manufacturing hub of construction equipment in the world
MSMEs hold key in India’s economic revival: NRI report
The latest report by Nomura Research Institute (NRI) Consulting & Solutions India highlights the role of MSMEs in the revival of Indian economy, and the need for adequate support
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.
We expect more packages from the government
Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.
Gandhi Automations wins WASME Award
Gandhi Automations received the WASME Warehousing and Logistics Innovation Award from Ashwani Kumar Chaubey, Union Minister of State for Health and Family Welfare.
Cummins India wins award at Excon
At the Excon 2019, Cummins India was felicitated with the ?Excon Women Building India Awards-Inclusive Workplace-EQUAL OPPORTUNITY AWARD? by the hands of Union Minister for Road, Transport & Highways and Micro, Small and Medium Enterprises (MSME), Nitin Gadkari and Karnataka Chief Minister BS Yediyurappa.Cummins India was recognised for its leadership and deep commitment towards diversity
Excon 2019 to demonstrate smart technologies for infra growth
Confederation of Indian Industry (CII) will unveil the 10th edition of South Asia?s largest construction equipment (CE) trade fair Excon 2019 tomorrow in Bengaluru.
Govt takes note of CERA?s demands
The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services
CE finance outlook
Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.
IPF Industrial Excellence Awards 2017
In its second year, the awards recognised people, processes and products that drive the industry forward to achieve success in a competitive market.
Bauma is an important platform for the industry
Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.
Spanish Quest for Reconstruction
During a short tour of Spain, Shankar Srivastava finds the Spanish quest for reconstruction. ANMOPYC, the Spanish Manufacturers Association of construction, Mining and Recycling Equipment
Credit demand may pick up in the second half of FY 2015-16
In July 2014, the current government presented its first budget which was predominantly growth-oriented. The announcements made in the budget represented measures to tame inflation and provide a boost to investments in manufacturing and infrastructure sector.
A Platform for Used Machinery
UMEX is the only exhibition catering to used machinery segment in Asia. The exhibition was visited by leading luminaries of the industry and senior government officials.
Budget bites
The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.