Top Equipment News

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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.

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Dock leveler with forklift roll-off barrier lip

Gandhi Automation’s forklift barrier lip roll-off dock leveler is designed and built to provide all the benefits of the series hydraulic dock leveler with the additional benefit of providing a formidable barrier.

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Pre-owned Equipment Market to Excel

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

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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

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Auto component industry turnover down by 11.7 per cent in FY 2019-20

The turnover of the automotive component industry stood at Rs 3.49 lakh crore ($49.2 billion) for the period April 2019 to March 2020, registering a de-growth of 11.7 per cent over the previous year

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Crane Norway Group adds nine new Grove all-terrain cranes to its fleet

Crane Norway Group recently purchased nine new Grove all-terrain cranes to add to its fleet and to meet increased demand from customers for high capacity cranes

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MoRTH proposes safety norms for construction equipment vehicles

The Ministry of Road Transport and Highways has issued a draft notification to address the issue of safety requirements while construction equipment vehicles are running on roads along with other vehicles

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BEML launches new indigenous products

Defence Minister Rajnath Singh launched BEML’s indigenously designed and developed products

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BharatBenz dealer supports customers and people in Assam

Daimler India Commercial Vehicles’ (DICV) dealer partner for BharatBenz Trucks and Buses in Assam, Abutani Trucking is helping its customers and the underprivileged people of the state during the COVID 19 pandemic

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Tata Motors introduces India’s largest tipper truck

Tata Motors announced the launch of Signa 4825.TK, India’s first 47.5-tonne multi-axle tipper truck for surface transport of coal and construction aggregates