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Ready for Long Haulage

COMMERCIAL vehicle industry experienced one of the worst and the longest spell of recessions during last three years. However, the good news is that it is reviving now. The heavy-duty (HD) trucks industry hit the peak level in 2011 with a sales of 241,000 and it dropped to 130,000 in 2013.

CIL awaits green clearances from Centre for 241 projects

For its 241 projects, government-owned Coal India (CIL) is awaiting environment and forestry clearances amid the flak the company is facing for not achieving its production target. At present, 48 environmental clearance proposals, having a capacity of about 109 Mty (million tonne per year), are awaiting clearances at different levels.

India is developing as an attractive manufacturing base for export of CE

In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,

India presents a vast potential for overseas investment, and VDMA acts as a bridgehead

The bC India show will facilitate closer interaction among German technology suppliers and the Indian construction industry, paving the way for increased global interest in the Indian market. Hence it would be a ?win-win? situation for the industry, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

International Mining & Machinery Exhibition

The Indian mining sector will emerge stronger with a better and more transparent mining policy and according to McKinsey Report, the metals and mining sector can contribute to $150 billion per annum to GDP.The two day international conference ?Global Mining Summit? kick-started alongside the four day International Mining & Machinery Exhibition with a specific focus on exploration, technology, policy frameworks and emerging business opportunities in the Indian mining and coal sectors.

Marching Ahead

Though the Union Budget 2012-13 is not considered to be much of a game changer, it augurs well for the infrastructure and equipment manufacturing segments. The enhancement of sectoral allocations, doubling of the amount of tax-free bonds to be raised for infrastructure in FY13,

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