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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.

VE Commercial Vehicles sells 7424 units in June 2024

This includes 7314 units of Eicher brand and 110 units of Volvo brand.

KABIL & CSIR-IMMT team up for mineral tech

In a significant move towards bolstering India's mineral security and advancing technological capabilities in mineral processing, Khanij Bidesh India (KABIL) has inked an MoU with the Council of Scientific and Industrial Research - Institute of Minerals and Materials Technology (CSIR-IMMT).

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

New hydrogen engine plant unveiled by Tata Cummins

A new facility for hydrogen-based engines has been initiated by Tata Cummins Private Limited (TCPL) in Jamshedpur, Jharkhand, with the aim of producing internal combustion engines for medium and heavy commercial vehicles.

Wolffkran enters into joint venture in Saudi Arabia

At the beginning of February, Wolffkran entered into a joint venture with the Zamil Group, one of the largest investment holding companies in the Kingdom, in the Saudi Arabian capital Riyadh.

CASE India inaugurates new dealership in Jaipur

CASE Construction Equipment, a brand of CNH, has broadened its presence in Rajasthan by appointing a new dealer partner, RDR Techsol in Jaipur.

We aim to maintain a steady pace of growth, despite potential disruptions

PV Ramdev, Managing Director, Everest Engineering Equipment

Recent past sees significant IoT development for remote and health equipment monitoring

BKR Prasad, General Manager – Marketing, Tata Hitachi Construction Machinery

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.

Our focus is on reducing the use of heavy CE

PV Ramdev, Managing Director, Everest Engineering Equipment

In 1 cu m concrete mixers, we have 50-60% market share

Prashanth Kumar, Executive Director, Sicoma Mixers India

About 5% of our yearly expenditure is dedicated to R&D globally

Andrea Pernici, General Sales Manager, Filtrec Manikandan M, Country Head - Sales, Filtrec Bharat Manufacturing

VE Commercial Vehicles sells 5194 units in Nov 2023

This is a growth of 5.7 per cent as compared to November 2022.

Eicher launches Non-Stop Series of heavy-duty trucks

The four upcoming trucks in the range come with 100% connectivity

BPE inks 3 major int’l collaborations

Best Power Equipments India Private Limited (BPE), a leading Indian manufacturer of end-to-end strategic power solutions, has cemented three major joint ventures that mark a pivotal step towards becoming a major player in the South East Asian region.

Tata Motors unveils facilities for development of Hydrogen propulsion technologies

Tata Motors unveils facilities for development of Hydrogen propulsion technologies

BPE inks 3 major international collaborations

Best Power Equipments India Private Limited (BPE), a leading Indian manufacturer of end-to-end strategic power solutions, has cemented three major joint ventures that mark a pivotal step towards becoming a major player in the South East Asian region.

Poised for growth

As coal mining activity escalates, the need for tipper trucks will rise.

BPE inks 3 major int’l collaborations 

BPE inks three major joint ventures, to become a major player in the S.E Asia

BPE collaborates with China and Vietnam for int’l projects

BPE collaborates with China and Vietnam for international projects

Caterpillar: In step with India’s progress since 1930

Caterpillar has actively participated in diverse infrastructure and construction projects in India, bolstering the country’s development in infrastructure, mining, and energy sectors.

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.

Tata Motors launches technologically advanced range of gensets

Equipped with reliable Tata Motors engines, the generators are available in 25kVA to 125kVA configurations

“We work very closely with mining companies.”

BKR Prasad, General Manager – Marketing, Tata Hitachi Construction Machinery, speaks on the types of mining equipment offered by the company.

ELGI Sauer opens new factory in Coimbatore

The new 50,000-sq.ft. facility will begin manufacturing high-pressure compressors, pressure-reducing stations and portable breathing air compressors for the industrial, commercial shipping, naval and offshore markets in India.

Mandatory AC cabins for truck drivers by 2025!

Starting in 2025, all truck cabins will be required to have air conditioning, offering much-needed comfort to drivers who endure sweaty conditions during their 11-12 hour shifts.

Eicher drives modernisation in CV industry with future-ready Uptime Services

The company is expanding dealership network and scripting a customer centred experience

DMIC logistics hub construction set to start this year

To oversee the project DMIC-IITGNL (Integrated Industrial Township Greater Noida) a joint venture between DMIC and the Greater Noida Authority is seeking to hire a project consultant for the MMLH.

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

Tata Motors, Cummins collab for low- to zero-emissions technologies

Global power leader, Cummins Inc announced that it has signed a definitive agreement with Tata Motors (TML) to manufacture a range of low- to zero-emissions technology products in India over the next few years.

ELGi Sauer opens new manufacturing plant in Coimbatore

ELGI Sauer Compressors, the joint venture between Elgi Equipments and the German-based Sauer Compressors Group, expanded operations by opening a new manufacturing facility in Kallappalayam, Coimbatore, Tamil Nadu.

The market for hoists has increased by 25 to 30% this year

PV Ramdev, Managing Director, Everest Engineering Equipment, speaks on the segments that are driving the demand for MHEs in India.

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.

Cummins, Tata Motors collab to power a cleaner India with low- to zero-emissions technologies

Cummins Inc. and Tata Motors strengthen their 30- year alliance to power a cleaner India with low- to zero-emissions technologies for mobility solutions

MobileDrive builds next-gen autonomous driving systems with Siemens’ digital twin tech

Siemens Digital Industries Software announced that MobileDrive has adopted a model-based systems engineering (MBSE) approach to support its Advanced Driver Assistance Systems (ADAS) development, using the Siemens Xcelerator portfolio and its comprehensive digital twin technology.

Volvo and Eicher products acknowledged at the 14th Apollo CE Awards

VE Commercial Vehicles - A Volvo Group and Eicher Motors Joint Venture have won six prestigious awards for their modern range of vehicles in India, all of which are backed by smart industry-leading solutions at the recently concluded Apollo CV awards 2023.

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

Volvo and Eicher products acknowledged at the 14th Apollo CE Awards

Volvo 9600 Seater and Sleeper Coach wins Coach of the Year (Premium Category)

Cutting Carbon Footprint

Waste is a big problem of concreting on site – whereas in precast any spare material can be recycled back into the production process.

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

Bauma CONEXPO INDIA 2023 - Highlights

The trade fair for construction equipment industry garners excitement!

BMC would spend Rs 60 bn to pave 400 km of roads

In the upcoming years will Mumbai's pitiful potholed roads ultimately be fixed? The Brihanmumbai Municipal Corporation (BMC) has chosen five large construction companies with a track record in building national highways to carry out the job and has eliminated small road contractors in order to execute the largest-ever civic contract to concrete 400 km of road for Rs 60 billion.

“We are coming up with new joint ventures & tie-ups.”

Niraj Shah, Managing Director, Kaushik Engineering Works, speaks on the various challenges faced in the construction equipment sector.

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.

Tata Motors bags order of 1000 buses from Haryana Roadways

Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has bagged a prestigious order of 1000 buses from Haryana Roadways.

ELGi celebrates 10 years of compressed air excellence in North America

ELGi Equipments, one of the world's leading air-compressor manufacturers, with over 62 years of compressed air excellence, announced that its Charlotte-based subsidiary company ELGi North America is celebrating ten years of its presence in the United States.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Cutting Concrete's Carbon Footprint

With the ability to cut CO2 footprint by 25 per cent factory-based precast concrete production has the potential to save billions of tonnes of CO2 being emitted each year. So why is it so overlooked, asks Mats Jungar?

Why Precast is Central to Cutting Concrete's Carbon Footprint

With the ability to cut CO2 footprint by 25 per cent factory-based precast concrete production has the potential to save billions of tonnes of CO2 being emitted each year. So why is it so overlooked, asks Mats Jungar?

Deere, Wacker Neuson Ink Deal for Compact Excavators in North America

John Deere has announced a collaborative supply agreement with Wacker Neuson to produce and distribute compact excavators for the North American market.

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.

S Agarwal of ACE: We plan to double our production capacity

Sorab Agarwal, Executive Director, Action Construction Equipment (ACE), speaks on the company’s plans for Excon.

Hariharan: Customers are cautious in trying out alternative fuels

Anand Hariharan, Head – Product Development, Tata Hitachi Construction Machinery, speaks on challenges the CE industry would face by moving to complete electric.

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.

Construction, industrial equipment makers to shift to electric

The construction and industrial equipment industry plans to shift to electric. Top businesses like JCB, Volvo CE and Schwing Stetter are either working on electric versions or conducting feasibility studies for launching e-appliances in India.

Opportunities galore

The construction industry across the globe is anticipated to present significant opportunities for construction equipment.

Construction, industrial equipment makers to shift to electric

The construction and industrial equipment industry plans to shift to electric. Top businesses like JCB, Volvo CE and Schwing Stetter are either working on electric versions or conducting feasibility studies for launching e-appliances in India.

Top popular construction equipment companies in India

The infrastructure sector has witnessed a rapid growth within the country. With many ongoing projects, nation is for sure going to taste its development soon, but along with it many industries associated with infrastructure has evolved. One such industry is the construction equipment industry.

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.

Tata Motors to increase prices of commercial vehicles from Jan 1

An increase in price in the range of 2.5%, will be implemented from 1st January 2022 and will be put into effect across segments – M&HCV, I&LCV, SCV and Bus, basis individual model and variant of the vehicle.

Voltas plans compressor manufacturing unit

Leading domestic air-conditioner maker Voltas plans to set up a compressor manufacturing unit in partnership with an international partner and will invest around Rs 500 crore, said a top company official.

Toshiba Johnson Elevators secures orders from RMZ

Toshiba Johnson Elevators (India) (TJEI), India’s fastest growing elevator and escalator company, announced winning massive orders to supply 168 elevators at three flagship projects of the celebrated RMZ Corp, one of Asia's largest privately-owned real estate owners, investors, and developer

Uranium One Holding signs deal to develop lithium deposit in Argentina

Uranium One Holding entered into an agreement with Alpha Lithium Corporation to establish a joint venture to develop the Tolillar lithium deposit in Argentina.

Uranium One Holding signs deal to develop lithium deposit in Argentina

Uranium One Holding entered into an agreement with Alpha Lithium Corporation to establish a joint venture to develop the Tolillar lithium deposit in Argentina.

Tata Motors, Equitas SFB join hands for small CV customers

Tata Motors will leverage Equitas SFB’s strong network across the country, spanning 861 branches and 550+ CV customer touchpoints, to make these solutions accessible for customers.

Eicher delivers 315th BSVI truck to KNR

The vehicles have been commissioned in prestigious mega NHAI Expressway Projects across South India.

Deere, Hitachi to dissolve 33-year joint excavator venture

John Deere and Hitachi are dissolving their joint venture of more than 30 years for manufacturing excavators in North and South America.

Toshiba honoured at Good Design Award 2021

Toshiba Group clinched two awards at Japan’s Good Design Award 2021, the annual awards sponsored by the Japan Institute of Design Promotion to honour good design and product quality.

Toshiba Johnson Elevators secures orders from RMZ

Elevators will be installed across RMZ’s flagship projects in Bengaluru and Hyderabad.

Toshiba honoured with two accolades at Good Design Award 2021

The award-winning products are the traction energy storage system for railway with SCiB™ and the HAORI inverter air conditioner.

Tata Motors, CSC join hands to widen reach in rural India

Tata Motors, India’s largest commercial vehicle manufacturer, announced the signing of Memorandum of Understanding (MoU) with Common Service Centre Scheme (CSC) e-Governance Services India Limited, in a collaborative effort to bring Tata Motors commercial vehicles to rural customers, across India.

Tata Motors, CSC join hands to widen reach in rural India

Ministry of Electronics and IT’s wide network will enable ease in buying of commercial vehicles, under Digital India programme

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.

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

Tata Motors partners with J&K Bank to bring attractive financing options for its customers

The partnership will enable easy commercial vehicle financing at competitive interest rates and extended loan tenure

Tata Motors bags order of 15 hydrogen-based fuel cell buses from Indian Oil

The buses will be used to evaluate the potential of developing hydrogen-based PEM fuel-cell technology in India

Deepak Shetty of JCB: We have pioneered integration of digital tech in our machines

In an exclusive interaction with Equipment India, Deepak Shetty, CEO and MD, JCB India, speaks on the current market for telehandlers, and major changes taking place in terms of technology.

Tata Motors bags order of 115 ambulances from Gujarat govt

Tata Motors won the bid for the order under the Government e-Marketplace, and the vehicles are designed for patient transport as per AIS 125 Part 1. Tata Motors will phase-wise supply the remaining 90 ambulance shells, as per the contract.

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.

L&T completes 75 years of CMB biz

Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, has completed platinum jubilee of one of its oldest businesses, construction and mining machinery business (CMB).

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.

AM/NS sets up 1000-bed COVID hospital in Hazira

This dedicated 250-bed COVID care hospital near the AM/NS India Hazira manufacturing plant will admit only patients who need oxygen. AM/NS India will ensure speedy transfer of patients via ambulances to nearby hospitals in case they require more intensive medical intervention.

L&T’s construction and mining machinery business turns 75

The company is has achieved a lot over the years and is now one of the market leaders in the segment

L&T completes 75 years of Construction & Mining Machinery business

Pioneered industry by focusing on innovation, best-in-class service; marks supply of 60,000 cutting-edge machines 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.

Mahindra offers India’s first one-stop solution for vehicle scrapping

The agreement with MMRPL will enable customers get a hassle free and transparent deal under one roof. Any customer intending to purchase a new Mahindra Vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.

Daimler, Volvo launch fuel-cell truck partnership

Daimler Truck AG and the Volvo Group announced the two companies have completed the formation a previously announced fuel-cell joint venture.

JCB launches its range of CEV stage IV backhoe loaders

The range includes the new 3DX Plus, the 3DX Xtra, the 3DX Super & the 4DX to meet a wide range of applications for customers.

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.

Tata Motors unveils Ultra Sleek T-Series range of new-gen smart trucks

Available in three models – T.6, T.7 and T.9, the all-new Ultra Sleek range is available in varied deck lengths from 10 to 20 feet to adapt to all the required applications.

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%).

JCB strengthens presence in Andhra Pradesh

The company's dealer, Varun Motors, inaugurated its new facility for sales, service and spares in Rajahmundry, the cultural capital of the State.

New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

Liebherr mining trucks at Australian mine

Liebherr Mining provides five new trucks to MacKellar Mining.

Informa Markets and KDCL unveil InfraConex

Informa Markets (formerly UBM India), India’s leading B2B exhibition organiser, and K and D Communication (KDCL) in a joint venture, unveiled a brand new exhibition ‘InfraConex’ that will cater to the Indian construction equipment sector.

Ammann India becomes 100% subsidiary of Ammann Group Switzerland

Ammann Group Switzerland has announced that effective June 19, 2020, Ammann India has become a 100 per cent owned subsidiary of the Group.

Govt aims to make India a construction equipment manufacturing hub: Gadkari

Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways said that the government is targeting at making the country a manufacturing hub of construction equipment in the world

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