Special Focus Equipment News
Special Focus
We have significant breakthroughs in bearing technology
The Timken products and services have proved to be one of its kinds by helping customers with efficiency and solutions, and we definitely see a great potential for our products for the CE sector in the coming years,
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Bearings for Smooth and Durable Functioning
Not as interesting or inspiring as a tiny transistor in an electronic circuit, a bearing is as important as a transistor when it comes to the smooth functioning of a machine.
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We shall nearly double our net profit and increase asset size by 65% this year
We are certainly one of the largest FTU segment financers in the CE industry and nearly 65 per cent of our book holds FTU and small customers. This originates from our parent company's philosophy of empowering small customers and entrepreneurs, says Pratap Paode, Chief Executive Officer, Shriram Equipment Finance Company.
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Equipment financing: An evolving scenario
While the government is expected to roll out more reforms soon, the key issue is implementation on the ground. If policy issues are addressed and initiatives are implemented, it will give a boost to the equipment financing in India, Infrastructure segment has been witnessing a major slowdown due to various issues around land acquisition and environmental clearances
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Raising the Benchmark of Quality
With over 220,000 sq m of display area and participation of over 630 exhibitors, including 200 foreign companies, Excon 2011 exceeded expectations as the largest exhibition on construction equipment in South Asia.
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Construction Equipment Trends in India
Many companies are setting up manufacturing facilities in India, as the country is increasingly becoming a global manufacturing hub. A large and growing domestic market, lower manufacturing cost,
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We will be investing in new product lines and aim to cross the $500-mn turnover mark by 2015
In a significant strategic decision, Terex Corp has recently acquired Demag Cranes, world?s leading German manufacturer of all kinds of cranes, for nearly $1.5 billion.