We're deeply committed to ESG initiatives

Anand Sundaresan, Managing Director, Ammann India

Bridging the Disconnect

Unified Engineernig enables global multi-discipline teams to work concurrently in a common data-centric environment, controlling and managing change across the entire project. Amish Sabharwal elaborates more.

KEC International wins new contracts

KEC International, a global infrastructure EPC major, has secured new orders of Rs 10.25 billion across its various businesses.

Looking for a Turnaround

EQUIPMENT INDIA Awards & CEO Forum 2018

After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the Equipment India Awards.

Excon will reflect the grassroot level optimism

Economic slowdown has impacted the Indian construction equipment industry over the past two years. The short-term economic outlook in India may seem unfavourable, however the medium to long-term economic prospects look encouraging.

We will be launching 17 new products this year

The current construction equipment market in India is to grow at a rate of 25 per cent. Road, irrigation, ports, RMC, railways, metro rail, power (nuclear, thermal, solar, wind, hydro, gas based), real estate and other community buildings are the major demand drivers for our product line.

Roads Sector | Key Market Driver

It is a matter of pride that India has achieved an impressive speed of more than 50 km a day in highways and over a 100 km a in rural roads. The thrust continues to build more speed.

On Cloud 7, Moving to 9!

The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.

We shall nearly double our net profit and increase asset size by 65% this year

We are certainly one of the largest FTU segment financers in the CE industry and nearly 65 per cent of our book holds FTU and small customers. This originates from our parent company's philosophy of empowering small customers and entrepreneurs, says Pratap Paode, Chief Executive Officer, Shriram Equipment Finance Company.

Waiting for action

The infrastructure segment and sales figures for construction equipment have witnessed a major slowdown in 2012. On a calendar year basis, the market has dipped by 10-15 per cent, primarily on account of slowdown in allocation of new contracts, various statutory clearances on execution side, funds flow, governance and environmental issues in mining segment and real estate slowdown.

Terex bags 20-crane order

Terex Cranes reported an order for 20 cranes from Coast Crane & Equipment with a retail value of more than $15 million (US).