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Mahindra launches new telematics platform

Mahindra Truck and Bus (MTB), a part of the $19.4 billion Mahindra Group, announced the launch of its connected vehicle technology, Mahindra iMAXX.

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Ammann India becomes 100% subsidiary of Ammann Group Switzerland

Ammann Group Switzerland has announced that effective June 19, 2020, Ammann India has become a 100 per cent owned subsidiary of the Group.

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Capital Goods Skill Council endorses Jindal Stainless

Jindal Stainless has received endorsement from Capital Goods Skill Council (CGSC), a Government of India initiative, for creating a vibrant eco-system for quality training and skill development.

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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