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

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

The race has begun

'Infrastructure 2.0' was the theme of our 10th Annual issue of Equipment India. The 5th Annual Equipment India Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.

Localisation of production is a major factor

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

More engines of growth needed

Off-Highway Research reports a turnaround in the global construction equipment (CE) market, which is expected to grow 16 per cent this year.

BAI meeting deliberates critical aspects of GST

The Builders Association of India (BAI) organised the inaugural function of second general council and managing committee meeting in Hyderabad.

Equipment & Technology for Infrastructure is no Luxury!

The Supreme Court's recent clarification that construction equipment and agricultural equipment are not included in the BS-III vehicle ban was a sigh of relief to the concerned industry.