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National Infrastructure Pipeline Gets Set to Flow

The Union Budget 2020-21 heralds the roadmap for investing Rs 103 trillion in the next five years.

The Earth Movers and Shakers

As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.

Potain MCi 48 C at Mangalore Site

India?s first Potain MCi 48 C is working for Divakar Construction at a construction site in Mangalore. Divakar Construction & Builders has taken delivery of India?s first Potain MCi 48 C tower crane. The 2.5 t crane, which is aimed at mid-level construction job sites, is already at work, building a convention centre at a renowned hospital in the heart of Mangalore.

Collaborative Model

VECV enhances the unique model of industry?academia collaborations. VE Commercial Vehicles (VECV), a joint venture (JV) between Volvo Group and Eicher Motors, signed a Memorandum of Understanding (MoU) with two educational institutes, the SRM University, Chennai and the Ramakrishna Mission Vidhyalaya, Coimbatore as part of its unique industry-academia collaborative model. VECV has already established four centres with state-of-the-art automobile labs at prominent institutes of the country.