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Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
Rubber King Tyre: A Journey of Excellence
Rubber King Tyre manufactures and exports a diverse portfolio
Why is CE Industry Shying Away from Sharing Info
At a time when even the Supreme Court forced the Government of India to reveal the donors to the electoral bond scheme, there are associations in India, which are not maintaining the spirit of transparency, argues PRATAP PADODE.
Unveiling the Shadows
India is becoming a valuable source for the global market, showcasing cost-effectiveness, quality, and timely delivery.
India’s MHE market to hit 9.8% CAGR by 2027
Tacklers Engineering is a leading manufacturer of material handling equipment in the India. In this interview Nirag A Choksi and Aman A Choksi, Directors, Tacklers Engineering (formerly known as Techno Industries) shares about its manufacturing facilities in India.
Manufacturers are rapidly embracing Industry 4.0 principles
Pepperl+Fuchs is a pioneer of industrial sensors for factory automation and an expert for explosion protection in process automation. In this interview, Aman Monga, General Manager – Sales, Pepperl+Fuchs Factory Automation, delves into challenges faced by industries and how Pepperl+Fuchs is helping them navigate through these hurdles to improve their efficiency and productivity
Transforming Logistics
The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.
JCB introduces telescopic boom platform, the T 65D in India
The machine is powered by a JCB diesel engine and comes with two work zones.
Cummins India PAT at Rs 420 cr in Q1FY2024
PBT at Rs 551 cr was higher by 33% compared to the same quarter last year
VE Commercial Vehicles sells 7424 units in June 2024
VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) recorded sales of 7424 units in June 2024 as compared to 6715 units in June 2023, a growth of 10.6 per cent.
CNH India marks production milestone: 700,000 tractors in Greater Noida
The plant produces approximately 2,000 tractor variants, ranging from 35 to 120 Hp
VE Commercial Vehicles sells 7424 units in June 2024
This includes 7314 units of Eicher brand and 110 units of Volvo brand.
Building India’s Global Manufacturing Capabilities
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.
Indian CE Sales Rise YoY
Indian Construction Equipment industry sales recorded 5 per cent YoY growth; 31 per cent MoM degrowth in April 2024.
JK Tyre receives ISCC Plus certification for Chennai plant
First tyre manufacturer in the country to receive the prestigious International Sustainability & carbon Certification
ICRA predicts 4-6% growth in FY25 tyre sales
ICRA stated that domestic tyre sale volumes are expected to experience a moderate growth of four to six per cent in this fiscal year, following an estimated pace of six to eight per cent in the previous financial year.
Driving Innovation
OTR tyre innovation is transforming India’s mining and construction industries.
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.
JCB India rolls out 500,000th construction equipment
JCB India celebrated the roll out of its 500,000th construction equipment. JCB has been in India since 1979 and its products are used in infrastructure development across the country.
CASE India rolls out 20,000th vibratory compactor
CASE Construction Equipment, a brand of CNH, has achieved a significant milestone of producing 20,000th vibratory compactors, from its state-of-the-art facility in Pithampur, Madhya Pradesh.
CASE India rolls out 20,000th vibratory compactor in India
The facility is the sole manufacturing hub for CASE’s compactors globally in CNH.
JCB India rolls out its 500,000th construction equipment
India, a premier exhibition showcasing innovations and advancements in the construction and infrastructure sectors, announces a date change for its upcoming event due to the upcoming Lok Sabha elections
JCB aims to cut carbon footprint with fuel efficiency plan
Deepak Shetty, CEO & Managing Director, JCB India
DICV CY2023 business performance best-ever
Best-in-class MY24 BharatBenz trucks to drive business growth in 2024
JCB India rolls out its 500,000th construction equipment
JCB has been in India since 1979 and its products are used in infrastructure development across the country.
The end goal is to have a fully autonomous grader
Amarnath Ramachandran, Managing Director, Arx Mining and Construction Equipment
Italian CE market sees slight dip in 2023
Road machines market remains stable, earth moving machines decline.
SANY India achieves new milestone; exports 1,000 telehandlers to US
This achievement positions India as a pivotal manufacturing hub in the company’s strategy.
Our focus is on enhancing machine efficiency through tech
Deepak Shetty, MD & CEO, JCB India
Our products are future ready
Amit Bansal, Director Sales & Marketing-BCP Division, Caterpillar India
In 1 cu m concrete mixers, we have 50-60% market share
Prashanth Kumar, Executive Director, Sicoma Mixers India
We expect a modest growth of 5-10% in the Indian market
Kennady V Kaipally, Country Manager, Bonfiglioli Transmissions Stefano Baldi, MWS Global Sales Director, Mobile and Wind Industries, Bonfiglioli Riduttori
Abilities secures patent for revolutionary piston technology
The technology is poised to transform the engine components landscape
VE Commercial Vehicles sells 5194 units in Nov 2023
This is a growth of 5.7 per cent as compared to November 2022.
Interview: Ramesh Palagiri, MD & CEO, Wirtgen India
Ramesh Palagiri speaks on the company’s participation at Excon.
We will be launching several products at Excon 2023
Anand Sundaresan, Managing Director, Ammann India
Sustainability is essential in design, construction of all our group products
Ramesh Palagiri, Managing Director & CEO, Wirtgen India
Auto component industry grows 32.8% in FY2022-23
The turnover of the automotive component industry stood at Rs 5.60 lakh crore for the period of April 2022 to March 2023.
Indian auto component industry grows 32.8% in FY 2022-23
Sales to OEMs grows 39.5% on back of strong growth in vehicle sales
Rajaram K joins JCB India as Senior Vice President
Rajaram K, the former president and chief business officer who was steering the sales and marketing function at Daimler India Commercial Vehicles, has resigned from the company.
VE Commercial Vehicles sells 6289 units in May 2023
Eicher branded trucks & buses have recorded sales of 6,076 units in May 2023 as compared to 5504 units in May 2022
VE Commercial Vehicles sells 11,906 units in March 2023
VE Commercial Vehicles (a Volvo Group and Eicher Motors joint venture) recorded sales of 11,906 units in March 2023 as compared to 8,803 units in March 2022 recording a growth of 35.2 per cent.
New mining machinery are driving demand for all-steel radial tyres
Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.
Powering up the Earth
The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements
What are the latest innovations in the OTR tyres segment?
CW speaks to experts to understand new trends in the tyre market.
VE Commercial Vehicles sells 11906 units in March 2023
• Eicher branded trucks & buses have recorded sales of 11677 units in March 2023 as compared to 8581 units in March 2022
Focus on Sustainable Road Construction
Wirtgen Group anticipates a continuous increase in the number of sustainable machine and technology solutions by 2026.
Bringing sustainability to the fore
JCB has continued to make concerted efforts to conserve and optimise the use of energy.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
VE Commercial Vehicles sells 7181 units in January 2023
VE Commercial Vehicles recorded sales of 7181 units in January 2023 as compared to 5434 units in January 2022 recording a growth of 32.1%.
AJAX to invest Rs 100 cr in new facility
Manufacturer of concrete equipment Ajax Engineering announced a Rs 100 crore investment to build its fifth manufacturing plant in Bengaluru with plans for a portion of the facility to be operational by the end of the year.
Future growth will be greater in the Indian market
Amit Nangre, Executive Director, SIT PTC India, shares information on how the company’s products are helping the OEMs.
Despite the Covid threats, we expanded by more than 20%
Biman Banerjee, Senior Manager, Branded Sales, Mallcom India, speaks on tackling the competition from Chinese companies
We are launching new ‘Made for India’ tyres
Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the key products on display during bauma CONEXPO.
JK Tyre to invest Rs 9 bn over two years for expansion
JK Tyre & Industries will invest Rs 9 billion in capacity expansion over the next two years.
Future growth will be greater in the Indian market
Amit Nangre, Executive Director, SIT PTC India, shares information on how the company’s products are helping the OEMs.
We anticipate growth of 30 to 40 per cent this year
Ashutosh P Gokhale, Director, Oilmax Systems, speaks on Oilmax Systems and its offerings for the construction equipment industry.
The demand for high-capacity equipment is increasing day by day
Amit Banerjee, Chairman and Managing Director, BEML, shares the outlook for the Indian mining industry, and the sectors that will drive the demand in the mining sector.
Europe-India Day Symposium at Bauma Forum
During Bauma 2022, “Europe- India Day†was organised by the CECE, ICEMA and VDMA India on October 26, 2022.
CASE crosses production milestone of 50,000th loader backhoe in India
CASE Construction Equipment, a brand of CNH Industrial, has crossed the production milestone of 50,000th Loader Backhoe, from its state-of-the-art facility in Pithampur, Madhya Pradesh.
The market is shifting towards bigger vehicles in the tipper segment
We have a total of five manufacturing plants in India, of which four are located in North India and one in South India
Auto component sector sees record turnover of Rs 4.2 trillion in FY22: ACMA
Indian auto components industry clocked its highest-ever turnover of Rs 4.2 trillion in 2021-22, registering a growth of 23 per cent on the back of strong performance in exports
CASE crosses production milestone of 50,000th loader backhoe in India
CASE Loader Backhoes are known for their versatility, reliability, productivity, flexibility, safety, and operator comfort.
CE export witnesses 60% growth in FY22
According to the Indian Construction Equipment Manufacturers Association (ICEMA) the export of construction equipment has increased by 60 per cent in FY22 with earth-moving equipment witnessing 69 per cent growth in the last fiscal year.
We plan to double our production capacity
ACE, one of the largest construction equipment players in the mobile and tower crane segments in India, showcased its upgraded and new backhoe loader models in different engine horsepower categories at Excon along with award-winning products like a special crane for piling, 360-degree slew pick-n-carry crane, and manlift crane.
We have a positive outlook on future of power transmissions products
We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.
Indian auto component industry likely to grow 8-10% in FY23
According to rating agency Icra, the Indian auto component industry might have 8% to 10% growth in Financial Year (FY) 2023, due to the easing of supply-chain issues along with commodity inflation in the next half of the year.
Italian CE market grows in 2021
In the twelve months of 2021, 22,000 construction machines have been placed on the Italian market, up 30 per cent if compared to 2020. Data were presented by Unacea in a digital press conference held last 1st February.
On the Move!
The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.
BKT to focus on mining products at excon
BKT, the Indian multinational group and a global player in the off-highway tyre market, is all set to cross a billion dollars this year with India contributing 20 per cent and exports of 80 per cent.
Mathur of Tata Hitachi: Mining policy revival offers promise for new players
Hemant Mathur, AVP – Sales and Marketing, Tata Hitachi Construction Machinery, speaks on the overall performance of the mining sector in India, and the segments that are driving the demand for their products.
Bio Diesel Summit
Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.
Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE
The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.
Counting on diggers
Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
Eicher delivers 315th BSVI truck to KNR
The vehicles have been commissioned in prestigious mega NHAI Expressway Projects across South India.
SGL opens new lubricant plant in Sharjah
Siddharth Grease and Lubes Private Limited (SGL), a leading Indian manufacturer and supplier of lubricants, has opened its latest lubricant and grease plant built at an investment of AED50 million ($13.61 million) in Sharjah's Hamriyah Free Zone Authority (HFZA).
Icra slashes growth forecast for auto components industry to 17-20 pc for FY22
According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.
An evening to cherish
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
Indian Steel Association welcomes approval of PLI scheme
The Production Linked Incentive (PLI) Scheme is a scheme aimed at encouraging domestic manufacturing, substituting imports and finally boosting exports.
VECV delivered 50 Eicher CNG buses to PMPML
VE Commercial Vehicles (VECV) delivered 50, 24-seater Eicher CNG AC Buses to Pune Mahanagar Parivahan Mahamandal Limited (PMPML). These buses were flagged off by Devendra Fadnavis and Maharashtra BJP president Chandrakant Patil in Mahatma Phule Mandai, Pune.
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
Indian Steel Association welcomes approval of PLI scheme
The Indian Steel Association welcomes the cabinet approval of PLI Scheme
VECV delivered 50 Eicher CNG buses to PMPML
Bus service flagged off by former CM Devendra Fadnavis and Maharashtra BJP president Chandrakant Patil
The demand for off highway tyres is at an all time high
Rajiv Poddar, Jt. MD, BKT Tires
BEML records highest ever turnover
Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.
India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA
Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets
VECV launches Covid support package for dealer network and customers
VE Commercial Vehicle has announced a comprehensive package to support Eicher truck and bus customers, dealers, and dealer employees as they continue to operate in this difficult time.
The worst is over for the CV industry
In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.
Demand diversity in CE sector
Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.
1st IIEF lauds innovations in 5 categories
Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.
Mahindra’s farm equipment sector sells 29,817 units in India during March 2021
Domestic sales in March 2021 were at 29,817 units, as against 13,418 units during March 2020.
India, Philippines ink pact for supply of Brahmos missiles
Agreement for govt-to-govt deals on military hardware
VE Commercial Vehicles sells 5457 units in Feb 2021
VE Commercial Vehicles recorded sales of 5457 units in February 2021 as compared to 4586 units in February 2020 (LYTD 47216), recording growth of 19% (YTD decline 27.5%).
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