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We dont generally procure used equipment

We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.

Sour CE Issue

Essentially, CE selection and procurement is a complex metrics-based decision making activity that requires active involvement of the concerned stakeholders of an organisation.

Gujarat Apollo buying stake in Credo Mineral

Gujarat Apollo Industries is picking up a 26 per cent stake in Credo Mineral Industries (CMIL) for Rs 13 crore ($2.1 million), as per recent reports. The Ahmedabad-based CMIL is a part of Credo Group which focuses primarily on the mining and minerals sector of India.

India showcase

Look at the slew of dismal facts. There has been an overall slowdown in Indian infrastructure activity due to lack of clearances of new as well as ongoing infrastructure projects. Even L&T chief AM Naik has indicated that the project pipeline is drying up. Many projects have not progressed even after being approved of by the central government and after achieving financial deal closure, too.

A seismic shift

There has been a formidable shift in the sales trends of construction equipment globally, a trend that is expected to continue in the near future. The US, which went from 28 per cent in 2006 to 12 per cent in 2011, is expected to recover three percentage points by 2016, reaching the 15 per cent of world demand. The analysis of emerging countries reveals a steady growth of the Indian market share (from 3 per cent in 2006 to 5 per cent in 2011, to the forecast 8 per cent in 2016) and a substantial

GAI on Expansion Drive

Gujarat Apollo Industries supports growth with a robust server and storage infrastructure. Gujarat Apollo Industries (GAI) is one of India?s leading manufacturers of road construction and maintenance equipment

Road Equipment: Green Light for Road Equipment

With more than 60 per cent of the cargo movement being done by the road network, the focus will be on road infrastructure which in turn, will provide great impetus to the growth prospects of road construction equipment.

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