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ACE posts robust Q2 FY25; revenue up by 14.5% YoY
ACE registered its best-ever Q2 i.e. Jul-Sep quarter in terms of revenue and margins
India’s CE Sales Surge 26% in FY24
With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections.
Liebherr showcases digital solutions at INTERMAT 2024
Liebherr presents the main topics of Planning, Safety as well as Performance and Maintenance
Tata Motors unveils facilities for development of Hydrogen propulsion technologies
Tata Motors unveils facilities for development of Hydrogen propulsion technologies
Elgi Equipments announces PAT of Rs 60.5 cr in 1QFY2023
Consolidated sales for the first quarter was Rs 724 crore
RVNL bags NHAI contract for road upgradation in Odisha
Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) worth 808.48 crores from the National Highways Authority of India.
Tata Motors launches technologically advanced range of gensets
Equipped with reliable Tata Motors engines, the generators are available in 25kVA to 125kVA configurations
BDL and BEL ordered Rs 3.85 billion worth of BEML bags
EBITDA margins increased significantly from 13.6%.
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Hyundai launches Largest Capacity Wheel Loader
Hyundai Construction Equipment Americas has introduced its largest-capacity wheel loader, the HL985A
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
Innovation to achieve excellence
Our success mantra has been the tenacity and hard work of our team, coupled with our focus on satisfying customers’ real needs, along with our ability to offer the right product, at the right price, with the right service support, says SORAB AGARWAL.
MRF's consolidated net profit for December quarter increased by 17%
Consolidated revenue from operations stood at Rs 56.44 billion.
Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr
Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.
Tata Motors bags order of 1000 buses from Haryana Roadways
Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has bagged a prestigious order of 1000 buses from Haryana Roadways.
Elgi Equipments reports PAT of Rs 72 cr in Q2
The standalone PAT for the second quarter was Rs 72.7 crore compared to Rs 56.9 crore in the same period in 2021-22.
Escorts Kubota Q2 standalone net profit at Rs 87.7 cr
Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.
Escorts Kubota Q1 profit at Rs 147.5 cr
Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.
Escorts Kubota Q1 profit at Rs 147.5 cr
Construction equipment volumes up by 59.4% at 966 units
Elgi Equipments' March 2022 net sales at Rs 727.61 cr
Consolidated sales for the fourth quarter was Rs 728 crore as against Rs 611 crore in the corresponding quarter in 2020-21.
Elgi Equipments revenue up 31%
Manufacturer of air compressors, Elgi Equipments, said it will take steps to keep costs under control as inflation, war, and political unrest in some geographies threaten to affect demand and margins.
Escorts Q3 standalone profit up 14 per cent
Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.
Liebherr's dealer in Luxembourg celebrates 50th anniversary
Liebherr R 924 G8 jubilee crawler excavator chosen for 50th anniversary celebrations
Trimble launches Roadworks Paving Control system for asphalt
Trimble, a technology company, introduced Roadworks Paving Control Platform for Asphalt Compactors.Trimble’s Asphalt Compactor Technology aids in improving Mat Quality and Paving Productivity.
Trimble launches Roadworks Paving Control system for Asphalt
Trimble, a technology company, introduced Roadworks Paving Control Platform for Asphalt Compactors.Trimble’s Asphalt Compactor Technology aids in improving Mat Quality and Paving Productivity.
Snapshot of L&T's Q3FY2021-22 results
Larsen & Toubro Q3 consolidated revenue recorded growth of 11% at Rs 39,563 cr
Manish Mathur of ACE: Overall outlook for next two years in positive
Manish Mathur, CEO – Cranes, Action Construction Equipment, speaks on how the market for medium and heavy-duty mobile cranes progressing in India.
GR Infra, Tata Projects, Afcons India's fastest growing large construction companies
The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.
APL Apollo receives design patents for six innovative products
Structural steel tube manufacturer APL Apollo Tubes has recently received six registrations for its innovative products by the Office of the Controller General of Patents, Designs, and Trademarks.
APL Apollo receives design patents for six innovative products
The overall portfolio for APL Apollo Tubes has grown to 16 with the registrations
SAB purchases Liebherr wheel loaders & crawler excavator
SAB expands fleet with seven new XPower wheel loaders and an R 945 G8 crawler excavator
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter ended 30 June 2021, registering a y-o-y growth of 38 per cent, attributed to healthy execution of projects despite the second wave of Covid-19 affecting operations at many locations.
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter
Construction Technology: The need of the hour!
CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.
HIL announces Q4 and FY 2020-21 results
Consolidated EBITDA stood at Rs.114.8 crore despite strains faced due to second wave of COVID-19 in the domestic as well as the overseas market
Escorts' standalone profit up by 80.0% to Rs 874.1 cr
Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.
ELGi posts sales growth in Q2
Elgi Equipments announced the results for the quarter and half year ended 30 September 2020. PAT for the quarter was Rs 332 million compared to Rs 117 million in the same period in 2019-2020 on a consolidated basis.
Elgi equipments posts sales growth in Q2
Consolidated sales for the quarter was Rs 4.80 billion as against Rs 4.45 billion in the corresponding quarter in 2019-2020.
New Frontiers of Trenchless Technology in India
During the past 25 years, trenchless technology has become a major part of construction industry in India. Dr Niranjan Swarup elaborates on the emerging trends in trenchless technology in India and the opportunities for the world
Lintec & Linnhoff announces re-entry into India market
Lintec & Linnhoff announced its re-entry into the India market, which has been one of the Group’s stronghold markets for the Linnhoff brand across a span of two decades
There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran
While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.
Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL
Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity
We have a huge focus on Indian market
With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.
We proactively pursue when it comes to adopting digital technologies
As a major player in heavy-duty mobile cranes market in India, TIL has consolidated its presence over the years.
Revenue growth to halve for EPC road cos through FY21: CRISIL
Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.
Customers are shifting to all-round solution
Shell Lubricants has developed next-generation oils and greases for various industry applications, using the best-in-class technology.
Shell launches NextGen B2B Services Portfolio
Shell Lubricants, the global market leader in finished lubricants, has launched a consolidated portfolio of its next-generation services for B2B sectors.
We are constantly working on innovative solutions
Timken is constantly working with its customers for their new projects and innovations. Sanjay Koul, Managing Director, Timken India, shares more on the company's solutions and the way forward.
DSC Dredge joins forces with Dragflow
In order to expand product lines, DSC Dredge, a global leader in the dredge manufacturing industry, has joined hands with Dragflow Srl, a world player in solid pumping solution.
Escorts standalone profit up by 40.7%
Tractor sales at 96,412 units were up by 19.9 per cent as against 80,417 units in the previous fiscal.
We see double-digit growth for industrial lubricants
With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry
GST positive for road logistics sector
The effect of the GST implemented in July 2017 has been largely positive for the road logistics sector and has led to several benefits. As per ICRA's comprehensive survey covering approximately 50 transport companies pan-India and 15 consumer-oriented companies across various sectors, the findings have been encouraging, though a lot remains to be achieved.
New Growth Avenues
Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.
Safe Mining
Blasting method used in mining can be dangerous in mines closer to inhabited locations. Abhinay Hatewar explains the advantages of blast-free mining over the blasting method in mining.
Warehousing Equipment Aiming New Heights
Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.
Paving a Growth Path
While the paver market is gearing up for phenomenal growth, sensor pavers are expected to have a smooth ride due to the demand for quality roads in the future.
Piggybacking earthmovers growth
Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.
Potain MDT 389 cranes at the construction of largest mall in Egypt
The first Potain MDT 389 cranes in the Middle East are being used to construct one of the largest retail malls ever built in Egypt?the Almaza City Centre project in the capital city, Cairo. A joint venture between Hassan Allam Sons and Consolidated Contractors Company (CCC) is managing all construction work.
Aiming for New Heights
Sany has made its presence felt in Indian construction equipment market with its quality range of equipment. Be it excavators, cranes, or concrete equipment, Sany has created a niche market in India. In its 15 years of service to Indian market, Sany has become the market leader in crane business.
High-Frequency Vibrator
Allen Engineering Corporation, a leader in professional quality site prep and concrete finishing equipment, announced the debut of their new AHFV22 high-frequency vibrator.
New Preventive Maintenance Protocol
Streamlined scissor lift care reduces, or even eliminates, procedures - saving time and money. Maintenance time and costs are reduced up to 20 per cent with a new consolidated maintenance protocol for Genie? GS?scissor lift models worldwide.
A professional entrepreneur
As a pioneer and a professional entrepreneur, Shashi Kiran Shetty has redefined the Indian logistics landscape.
Large Miners Forward
While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India
India will soon see a paradigm shift in mining methods
We are confident that India will soon see a paradigm shift in mining methods and the way in which mining companies deploy equipment, and we shall witness deployment of state-of-the-art large size mining equipment in India
bC India now at new venue
After three successful trade shows held under the name of bC India, the two partners, Messe M?nchen and the Association of Equipment Manufacturers (AEM), have agreed on a new name for the event: Bauma Conexpo India.
Power Tools Evolving
Efficiency, safety and productivity are the three major factors that drive the demand for power tools infuture. Major players in the industry are engaged in the development and introduction of innovative products
Expanding horizons
Saeesh Nevrekar has been appointed as Director - Sales and Service for Terex Cranes in India. He is responsible for the sales and service of the mobile crane business for Terex in India, Bangladesh, Sri Lanka, Bhutan and Nepal.
High Expectations
With growing safety awareness, the Aerial Work Platforms (AWPs), one of the best solutions to keep people safe, while working at heights, is poised for exponential growth in the near future.
Portable Energy Solutions
High power deficit coupled with significant economic growth potential will drive the growth of portable power market. Portable energy solution plays a major role in verticals such as construction, mining, exploration and oil and gas.
Rentals will be the solution for the future
Knowledge and skill upgradation are vital and that is where Quippo plays an important role. We continuously devote time to upgrading knowledge; training is a continuous activity in our organisation.
The group will invest over EUR one billion to further strengthen and expand ZF's position.
ZF is a leading worldwide autom?otive supplier for driveline and chassis technology, with 121 companies in 27 countries. In 2012, the group achieved a sales figure of EUR 17.4 billion with about 75,000 employees. ZF was founded in 1915 for the development and production of transmissions for airships and vehicles.