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India to become $5 trillion economy, 3-largest by 2027

Reserve Bank Deputy Governor Michael D Patra has projected that India is poised to become a $5 trillion economy and secure the third spot in the world's largest economies by market exchange rates by the year 2027.

Department of water resources in Punjab seek bids for machinery

The deadline for submitting bids is May 25, 2023

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

Allen Engineering receives Governor?s Quality Award

Allen Engineering Corp (AEC) received the Achievement level Governor?s Quality Award during the 25th Annual Awards Celebration held in Little Rock, Arkansas on September 12, 2019.

Powering industry needs

Diesel engines are the major source of power for various machines which are utilised in construction, agricultural, automobile and industrial verticals. Major demand for diesel engines is generated from automotive industry, followed by commercial vehicles, agri equipment, construction equipment.

NFT expands Potain fleet in Kuwait

NFT, one of the world's leading tower crane suppliers, has boosted its market presence in Kuwait with a number of deliveries to major projects in the country. One of the most significant has seen the first Potain self-erecting cranes enter the country.

Gearing up for the next level

Says Mathur, ?It is the government agencies who are asking for the implementation of Euro-V and VI (norms).

GROWTH STORY TO CONTINUE

Off-Highway Research, a part of KHL Group in their half-yearly report, forecasts that in terms of percentage growth, India is expected to be the most buoyant major CE market in the near-term, with 21 per cent growth this year

PM and German Chancellor visit Bosch facility

Prime Minister Narendra Modi and the German Federal Chancellor Angela Merkel visited the facilities of Bosch in Bangalore. The visit was part of the chancellor?s three-day state visit to India, which focuses on innovation and skills development.

Sterling Gen bags BAI award

Sterling Generators has been awarded the ?Sarvottam Manufacturer of Diesel Generators of the Year? award by Builders? Association of India (BAI).

Credit demand may pick up in the second half of FY 2015-16

In July 2014, the current government presented its first budget which was predominantly growth-oriented. The announcements made in the budget represented measures to tame inflation and provide a boost to investments in manufacturing and infrastructure sector.

Cat 320D Series 2 Hydraulic Excavator

Building on the solid performance of its 320D predecessor, the new 320D Series 2 hydraulic excavator is an exceptionally reliable, highly productive machine that lowers operating costs through reduced fuel consumption and simplified routine maintenance. The 320D Series 2 machine features a new engine, powerful hydraulic system, durable main structures and a refined operator station.

We provide tailor-made offerings to suit different customer requirements

Caterpillar?s vision is to be recognised as the leader everywhere we do business. Our strategy in India is to win by delivering quality products, services and solutions to our customers, says Ajay Shankar, Country Manager, Caterpillar India. Excerpts of the interview.

RBI raises repo rate

The Reserve Bank of India (RBI) has raised interest rates to take on rising inflation, according to the RBI Governor Raghuram Rajan. RBI said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The rate hike was driven by expectations of high but moderating consumer price index (CPI) inflation.

CAT 320D2 Hydraulic Excavator

Breakthrough technologyWith a robust engine that works with low pressure fuel system with an electric governor, less susceptible to bad fuel.

Cat? 320D Series 2 comes with new engine

Building on the solid performance of its 320D predecessor, the new 320D Series 2 hydraulic excavator is an exceptionally reliable, highly productive machine that lowers operating costs through reduced fuel consumption and simplified routine maintenance.

Raising Efficiency

Cat? 320D Series 2 hydraulic excavator features new fuel-efficient engine, simplified maintenance and refined operator station.Building on the solid performance of its 320D predecessor

Better road connectivity key to development: Governor

For overall development of Arunachal Pradesh better road connectivity is essential in the state, the State Governor Lt Gen (Retd) Nirbhay Sharma emphasised. Addressing the 62nd plenary of the North Eastern Council (NEC) at New Delhi on July 16, the governor said that the Border Roads Organisation (BRO) is assigned responsibility for implementation of roads in Arunachal Pradesh through Vartak, Bramkank, Udayak and Arunank projects, a Raj Bhawan communiqu? said in Itanagar on July 17.

Hyundai Heavy completes factory in Brazil

HYUNDAI Heavy Industries Co (HHI) announced that it completed its first construction equipment factory in Brazil.

Minister calls for preventing mining in tribal areas

Union Minister for Tribal Affairs V Kishore Chandra Deo urged the Governors of various states to cancel the memorandum of undertakings (MoUs) signed by with companies for mining activities in tribal areas. The minister said in many cases, state governments had facilitated signing of MoUs with non-tribal entities for carrying out mining in Schedule V areas which has led to upsu

KBL Director honoured

RK Srivastava, Director, Kirloskar Brothers (KBL), was conferred with ?Outstanding achievement in Energy Conservation? award at the Oceantex 2012 Leadership and Excellence Awards.

Schwing Stetter will launch 20 new products at Excon

At Excon 2011, Schwing Stetter will launch 20 new products, targeting everyone from small customers to large corporate across various segments. You can expect us to demonstrate the next level of mechanisation of concreting," says Anand Sundaresan, Managing Director, Schwing Stetter,

Caterpillar opens expanded facility

Caterpillar employees, along with North Carolina Governor and other offi?cials, celebrated the grand opening of the company?s expa?nded compact construction eq?u?i?p??ment operations in San?ford. The addition of the 270,000 sq ft building allows for incr?eased logistics and fabrications capa?city required to meet growing global demand for the skid steer, compact track and multi-terrain loaders currently produ?ced in Sanford.

BEML forays into Thailand

BEML, as part of its export strategy, has launched its products in Thailand by appointing Paragon Machinery as its distributor for Thailand. With this business association, Paragon will market the range of BEML products like dump trucks, excavators, loaders