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Dilip Buildcon JV secures Madhya Pradesh project

Dilip Buildcon, a renowned name in the Indian infrastructure sector, has once again made headlines with its recent achievement. In a joint venture with another prominent player, the company has secured a significant Letter of Award (LOA) for a project valued at Rs 413 crore in Madhya Pradesh

VECV's future-ready mobility solutions at Bharat Mobility Expo 2024

The range of sustainable and eco-friendly mobility solutions cover a range -of electric trucks and buses that offer customers and transporters a Pro Business, Pro Planet choice.

Foxconn in talks for JV with TSMC and TMH Group

According to a report, Foxconn is currently in discussions with Taiwan Semiconductor Manufacturing Co (TSMC) and Japan’s TMH Group to form a joint venture and technology partnership in India with the aim of establishing semiconductor fabrication units.

Valvoline, Eicher Trucks extend partnership

Valvoline™ announced the extension of its exclusive partnership for service fill and after-sales with Eicher Trucks and Buses.

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%.

Auto component industry gears up for big shift to EVs

When electric vehicles (EV) become more and more popular can the automotive component industry be far behind? Auto component makers in India are bracing for change.

IndianOil, L&T and ReNew to form JV

In a bid to enable India’s decarbonisation push, Indian Oil, L&T and ReNew Power announced the signing of a binding term sheet for the formation of a JV to develop the nascent green hydrogen sector in India.

Vedanta to invest $15 bn in semiconductor, display unit ventures

The Vedanta Group, led by Anil Agarwal, is preparing for two individual ventures which may witness investments of around $15 billion in chip and display manufacturing space across the country.

Afcons, SAM JV wins Rs 2,907 cr deal for Kanpur-Agra metro projects

The Uttar Pradesh Metro Rail Corporation (UPMRC) has issued two major civil contracts worth Rs 2,907.46 crore to the joint venture (JV) of Afcons Infrastructure and SAM India Builtwell for constructing underground tunnels and stations for Kanpur and Agra Metro Rail projects.

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.

Companies all over the world are turning to digital integration to increase efficiency in the mining process.

In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.

GR Infra, Tata Projects, Afcons India's fastest growing large construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries Ltd (NEI), part of $2.4 billion diversified CK Birla Group, and Amsted Seals announced a joint venture to manufacture railway bearing seals in India.

NEI, Amsted Seals enter JV to manufacture railway bearing seals

National Engineering Industries (NEI), part of $2.4 billion diversified CK Birla Group and Amsted Seals announced a joint venture (JV) to manufacture railway bearing seals in India. Amsted Seals is a global leader in sealing solutions and cutting-edge metal fabrication.

Sunteck Realty enters JV to develop 7 acres of waterfront residences in Mumbai

Sunteck Realty has secured a marquee 7 acre land parcel at Borivali. It would develop a luxury residential project in the upmarket residential locality.

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%).

Volvo Group, Daimler Truck form JV

Daimler Truck AG and the Volvo Group have signed a preliminary non-binding agreement to establish a new joint venture (JV).

Increased footfall of customers boosts the confidence of the OEMs

A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.

CASE will be showcasing its entire gamut of products

CASE Construction Equipment, a brand of CNH Industrial NV, is a leader in compactors and backhoe loaders and the first company to have sold over 13,000 units of vibratory tandem compactors.

Bringing optimism

Excon 2019 is being held from December 10-14, 2019 in Bengaluru. The largest construction equipment event of the South-Asia is happening this year at a time when the overall industry is challenged by the economic downturn.

DOZCO, ITM form new JV

Italtractor ITM Spa (ITM) and DOZCO India announced the creation of a joint venture (JV) company called ITM DOZCO Pvt Ltd. The intention of this new JV is to create the leading manufacturer of undercarriage components in India to optimise service to local and global customers.

Our objective is to focus on precision manufacturing

Started operations a year back, RS India plans to partner with various manufacturers and Indian companies to offer solutions in precision manufacturing.

L&T Construction-led JV secures desalination plant contract

The joint venture (JV) between the Water & Effluent Treatment Business of L&T Construction and Tecton Engineering & Construction LLC, UAE has secured a contract for a 100 MLD desalination plant from Gujarat Industrial Development Corporation, Gujarat.

Tata Projects JV wins Pune Metro tunnelling projects

The joint venture (JV) of Tata Projects with Turkish company Gulermak, Gulermak-Tata Projects has bagged the tunnelling projects for the underground section of the Pune Metro Rail project.

Escorts posts 52.3 per cent net profit growth in Q3

Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in the corresponding period last fiscal.

Escorts announces new ventures

In late August, Escorts announced plans to manufacture rough terrain (RT) and truck-mounted cranes in joint venture (JV) with Tadano Ltd.

VECV to set up new production facility

Commemorating the completion of 10 successful years of partnership between the Volvo Group and Eicher Motors, VE Commercial Vehicles (VECV) announced plans to set up a new greenfield truck manufacturing plant at Bhopal.

Pioneering Growth

Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.

Escorts-Tadano JV to manufacture RT cranes in India

Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.

Tata Projects JV wins Mumbai Metro Line-4 contract

The joint venture (JV) of Tata Projects-China Harbour Engineering Company (TPL-CHEC) received the Letter of Award (LoA) for constructing two packages of the Mumbai Metro Elevated Line 4. The packages lie on the line extending between Wadala and Kasarvadavali.

NHAI signs pact for trilateral project

The National Highways Authority of India (NHAI) inked a pact for its maiden international project, part of the India-Myanmar-Thailand Trilateral Highway.

Force Motors, Rolls-Royce Power Systems form JV

Rolls-Royce Power Systems and Force Motors formed a new joint venture (JV) in which Force Motors will hold a 51 per cent and Rolls-Royce Power Systems a 49 per cent stake.

We will take small steps to build ourselves

When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.

Punj Lloyd-Varaha Infra JV bags highway contract

The National Highways Authority of India (NHAI) issued the letter of award to Punj Lloyd and Varaha Infra joint venture (JV) for the construction of a two-lane highway in the Kalewa-Yargi section of the proposed India-Myanmar-Thailand (IMT) Trilateral Highway. The highway will connect India with Thailand through Myanmar.

HCC-AL FARA?A JV bags Pune metro contract

Hindustan Construction Company?s (HCC) joint venture (JV) with AL FARA?A has been awarded the Rs 484 crore contract by the Maharashtra Metro Rail Corporation, for Pune Metro Rail Project. The contract is for construction of eight elevated metro rail stations on line II (E-W Corridor) of Pune Metro Rail project.

Terratec supplies new TBMs to Mumbai Metro

The Australian Tunnel Boring Machine (TBM) manufacturer, Terratec, celebrated the delivery of the first two of a number of new TBMs destined for the Mumbai Metro's Line 3 project, following successful factory acceptance tests recently.

TERRATEC supplies new TBMs to Mumbai Metro

The Australian Tunnel Boring Machine (TBM) manufacturer, TERRATEC, celebrated the delivery of the first two of a number of new TBMs destined for the Mumbai Metro?s Line 3 project, following successful factory acceptance tests recently.

Warehousing Equipment Aiming New Heights

Driven by the growth of various industry segments such as FMCG, pharmaceuticals, food and beverages and e-tailing, logistics distribution hubs and clusters are mushrooming in all major parts of the country.

Potain tower cranes working at Palm Jumeirah resort project

A fleet of 10 Potain MR 418 tower cranes is helping construct a massive new project: the Royal Atlantis Resort and Residences, which is located on the crescent of the Palm Jumeirah island in Dubai, UAE. Potain business partner, Abu Dhabi-based NFT, supplied the cranes on a rental contract to the joint venture (JV) building the development. The JV is made up of two contractors?the Belgium-based BESIX and South Korea?s SsangYong Engineering & Construction?and the project marks the first time that

HCC JV wins Bangalore Metro contract

Bangalore Metro Rail Corporation (BMRCL) has awarded a contract to Hindustan Construction Company (HCC), which had partnered with URC Construction for bidding the project.

Deere, LHP Telematics JV

John Deere and LHP Telematics are joining forces to further advance the proficiencies of John Deere WorkSight and to put the power of JDLink data in the hands of customers.

Petro Sea Logistics adds Grove crane

Petro Sea Logistics, a joint venture between Belgium?s Sea-Invests and Ivory Coast?s Petroci, has added a Grove GMK6400 all-terrain crane to its fleet.

Carmix achieves new milestone in India

Carmix reached its first important milestone in India with the sale of its 100th small mobile concrete batching plant. Manuela Galante, Marketing Director, Carmix, commented on the occasion, ?These are definitely extraordinary results made possible thanks to good quality, major versatility, and avant-garde tools that render Carmix?s self-loading cement-mixer trucks essential to facing up to even the toughest of construction jobs and extreme work scenarios.

HCC-VCCL JV bags Rs 368-cr contract in Manipur

Hindustan Construction Company (HCC) in joint venture (JV) with VCCL has been awarded Rs 367.72 crore contract by the Northeast Frontier Railway to construct a safety tunnel between Tupul and Imphal in Manipur state.

Apollo Carmix sells 100th small mobile concrete batching plant in India

Carmix reached its first important milestone in India with the sale of its 100th small mobile concrete batching plant. Manuela Galante, Marketing Director, Carmix, commented on the occasion, ?These are definitely extraordinary results made possible thanks to good quality, major versatility, and avant-garde tools that render Carmix?s self-loading cement-mixer trucks essential to facing up to even the toughest of construction jobs and extreme work scenarios.

HCC-VCCL JV bags Rs 368-crore contract in Manipur

Hindustan Construction Company (HCC) in joint venture (JV) with VCCL has been awarded Rs 367.72 crore contract by the Northeast Frontier Railway to construct a safety tunnel between Tupul and Imphal in Manipur state. This is part of the new railway line project being constructed between Jiribam and Imphal of Northeast Frontier Railway. The project is to be completed in four years.

Promising entrepreneur

Nishant Jain is a Director of Rollwell Group, whose flagship companies include Rollwell Conveyor Components Pvt Ltd, Rollwell Technical Services Pvt Ltd and Temcor Rollwell Domes Pvt Ltd.

HCC-MMS JV bags Mumbai Metro III contract

Infrastructure major, Hindustan Construction Company Ltd (HCC) as a lead partner in the joint venture with MMS of Russia

ExxonMobil in JV with MMT

ExxonMobil Lubricants is the official lubricant partner of Micromatic Machine Tools, the marketing and service company of the Rs 1,200-crore Ace Micromatic Group.

LiuGong excavators can create value for customers

Wu Song who took over as Managing Director of LiuGong India Pvt Ltd on April 1, 2016, after relinquishing his earlier position as CFO of the company, shares his thoughts on the companys plans with EQUIPMENT INDIA.

Backhoe Loaders Get a Rural Boost

Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.

Ashok Leyland-John Deere JV scales down operations

Ashok Leyland?s joint venture with construction equipment manufacturer John Deere has significantly scaled down operations owing to poor sales. The two partners are in discussions over the future of the joint venture, officials said.

Make In India Week

Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.

Karle Infra, AACE join hands

Karle Infra, a real estate venture of Bengaluru-based Karle Group, has offered to sponsor AACE International in India.

Railways to form JV with Rajasthan

The Railways Ministry is looking at forming a joint venture with the Rajasthan government for developing rail infrastructure in the state

Ashok Leyland writes off Rs 157 cr in John Deere JV

According to reports, Ashok Leyland has decided to write-off Rs 157 crore

We are keen to have machines with reputed past and best technology

We conduct enough field tests and other evaluations of the equipment before going full fledged introduction, says SP Rajan, Head - P&M RREC, L&T Construction

Essar Projects-Saipem JV bags KNPC contract

Essar Projects said its joint venture with Italy-?s Saipem SpA has won a $1.57 billion order from Kuwait National Petroleum Company (KNPC) for setting up Al-Zour Refinery Project (ZOR), Package-4, in the State of Kuwait.

Fontana and Bagla JV for fasteners business

Fontana Gruppo, Italy and Bagla Group have signed definitive agreements to enter into a strategic partnership for the fasteners business in India.

ISGEC-Titan JV for manufacturing operation

ISGEC Heavy Engineering, Haryana, and Titan Metal Fabricators, Camarillo, CA, USA have announced the establishment of a new joint venture (JV)

Bauma 2016, Munich to be Held on a Grand Scale

The triennial event bauma 2016 which will be held during April 11 to 17, 2016 is expected to witness record participation from 3,000+ exhibitors from over 50 countries.

Our plant can provide better energy saving

Two global players, Ammann from Switzerland which is into asphalt mixing plants for the last 150 years, and Apollo being in India for the past four decades, which is into asphalt mixing plants and other allied road equipment business, joined hands where Ammann has 70 per cent stake and Apollo the remaining 30 per cent stake in the JV

Ashok Minda Group forms JV with US firm

Spark Minda, Ashok Minda Group has formed a joint venture (JV) with the US-based Vehicle Access Systems Technology (VAST) to widen global presence.

Hose clamps

Brakes India Ltd offers a range of hose clamps. Salient features include: to shut off the hydraulic fluid supply going to foundation brake through the flexible hose; as a diagnostic tool as well as a shut-off tool during brake parts replacement which avoids brake fluid spillage and all hydraulic brake systems with rubber hoses.

The cranes need to be operator-friendly

Escorts has the exclusive distribution agreement for entire India with Comansa of Spain. Comansa being a pioneer in the field of flat-top cranes called topless cranes offer in the range 6T-64T.

Manufacturing industry boom to propel MHE market

Coming year, we are going to launch a couple of products in electric segment including a premium electric forklift, and a more efficient version of our stacker and battery-operated pallet truck. We are also planning to launch a new model of IC forklift, says MRV Johnson, Chief Marketing Officer, KION India.

Manufacturing industry boom to propel MHE market

Coming year, we are going to launch a couple of products in electric segment including a premium electric forklift, and a more efficient version of our stacker and battery-operated pallet truck. We are also planning to launch a new model of IC

Sadbhav JV bags mining order in Rajasthan

Sadbhav Engineering has received a work order worth Rs 550 crore from South West Mining, Barmer in Rajasthan under the joint venture (JV) Sadbhav-Vishnushiva. The company holds 75 per cent in the JV

KIOCL, NMDC and RINL decides to build 13 MTPA slurry pipeline between Nagarnar and Vizag

Steel majors KIOCL, NMDC and RINL have decided to set up a 13 MTPA slurry pipeline between Nagarnar and Vizag for carrying iron ore with Rs 3,500 crore investment. MoU has already been inked between them for setting up a JV in which KIOCL will hold a 48 per cent stake. NMDC and Rashtriya Ispat Nigam Ltd will hold 26 per cent each.

The major challenge we face is the lack of trained operators

Views from Kallol Mahalanabis, CEO, Taurian Engineering: We are developing a new range of crusher, which can provide the customer the cost benefit. It will be user-friendly as well. The product will be available in the market in a year.

Our main focus is on reducing power and increasing the lifespan of the machine

Abhijeet Pai, Managing Director, Puzzolana Fabricators: We have a new hybrid technology, wherein we will be able to bring down the power consumption considerably. There is a lot of consolidation happening, which is a good sign for us. We have strengthened our position by developing a range of products as per the requirements of the market.

Our aim is to give more value-added service to the customer

We are focusing more on radial tyres and have now set up an exclusive radial plant in Belgaum. This is part of our dedicated approach to radial customers, says Rajesh V Shetty, Chief Executive Officer, Tyresoles.

Tata Motors will continue to develop new products and upgrade its existing ones.

At Tata Motors, we strive to enhance our customers? experience, offering the unmatched benefit of a Tata truck, with best lifecycle cost, longer service runs and enhanced levels of driver comfort, resulting in best-in-class profitability and lowest payback period for operators, says Vinod Sahay, Head (Sales and Marketing), Medium and Heavy Commercial Vehicles, Tata Motors. Excerpts of the interview.

Bharat Forge reports strong results

Bharat Forge reported in-line results for the third quarter of FY2013-14 aided by strong growth in exports. The performance appears strong on an year-on-year (yoy) basis mainly due to the base effect. On a sequential basis though, the results are broadly stable and are driven by exports (revenue up by 3.5 per cent qoq) even as the domestic operations (revenues down by 13.8 per cent qoq) continue to remain under pressure.

Mahle acquires India Pistons share in JV

Mahle Gmbh has acquired the remaining shares in its 60:40 joint venture (JV), Mahle IPL, with India Pistons. The buyout of the venture is to gain independence in its future investment decisions and the transfer of technology, according to the German company.

A note of optimism

The growthline of component manufacturers depends on the original equipment manufacturers (OEMs). While the OEMs are looking hopefully at the coming fiscal year, component manufactures are carefully studying the market trends of various equipment segments.

Be ready, lest you lose

In recent interactions with some leading players in the concrete equipment segment, we have heard that there has been nearly 40 per cent fall in the market. The market has been down for the past two years and the industry doesn't expect a revival for another two quarters.

Concrete moves

Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there is tremendous growth opportunities in the long term.

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.

Tyresoles to focus on radials

Tyresoles with its new tread joint venture (JV) is gearing up to produce procured radial patterns by this financial year end. The company is continuously developing application-specific tread formulations and patterns based on market feedback. Tyresoles has set up an exclusive radial plant in Belgaum.

VECV launches pro-series

Unleashing a huge new wave in trucks, Volvo Eicher Commercial Vehicles (VECV) has recently unveiled the Pro-Series ? 11 trucks in the 5 to 49 tonne categories.Over three million engineering hours, 77 lakh km of testing, 3,200 new parts/sub-assemblies and over 50,000 hours of engine test development

Indo-Spanish JV

A new joint venture (JV) company, Tikidan has been inaugurated recently at Halol, Vadodara. Tikidan stems from the JV between the Spanish company Danosa and its Indian partner Tiki Tar. The latter has a long-standing experience of over 40 years, being the largest and the most important asphalts company in India.

Robbins? veteran machine

The fast rate is just one of many triumphs for the 6.2 m (20.2 ft) Robbins Main Beam TBM operating at the Indianapolis Deep Rock Tunnel Connector (DRTC).

We plan to develop new products like jaw crushers, cone crushers and mobile plants.

We do not sell standard plants as we consider each crushing or screening task as different from the other. We aim to offer custom-built plants which will make us a cut above the others. Also, we are tapping export markets in certain areas, which keeps us busy in the present market conditions, says VP Mundra, Director, Core Crushing Equipments.

Speco JV with the basic group will have a manufacturing set up in India soon.

Speco is the only company which is constantly upgrading the techno?logy by introducing an air automised burner to reduce the fuel cost. The new design dryer has reduced maintenance. The new vibrating screen design ensures good quality, says VP Mundra, Director, Basic Engineering Equipment.

The Zoomlion-Electromech JV offers frequency control across its tower cranes

Zoomlion has the second biggest population of installed tower cranes in the country across all segments. Over 550 Zoomlion tower cranes are working on various sites across India.

ECB proposal for funding local construction equipments

Agency reports suggest that some NBFC-AFCs (asset financing companies) want Reserve Bank of India (RBI) to allow External Commercial Borrowing (ECB) norms for funding domestically manufactured construction equipment. Recently, the central bank allowed NBFC-AFCs to avail ECBs for funding only imported equipments

We are coming out with high-end technology specially targeted for the precast segment

Along with our associates, we provide complete turnkey services starting from concrete mix identification and plant layout, equipment selection and supply, commissioning and handover of required quality and capacity and also material handling systems to transfer precast to the stores,

30 new Manitowoc crawlers for HK co

The Hong Kong construction equipment sales and rental company Tower Mark has ordered 30 new Manitowoc crawler cranes.

VECV workshop and distribution centre in Nepal

VE Commercial Vehicles (VECV), a Volvo group and Eicher Motors JV, inaugurated a modern, state-of-the-art workshop for Eicher branded trucks and buses in Kathmandu to provide after-sales support its rapidly growing customer base in Nepal.

New Eicher dealership in Assam

VE Commercial Vehicles (VECV), a Volvo Group and Eicher Motors JV, inaugurated the modern and contemporary dealership for Eicher branded trucks and buses in Guwahati to strengthen the company's resolve and commitment to provide sales and after sales support to the rapidly growing customer base of Eicher in North East India.

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