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India to achieve self-reliance in metals, mining sector

During a virtual address, Pralhad Joshi, the Minister for Coal, Mines, and Parliamentary Affairs, emphasised the importance of minerals in the post-pandemic scenario and ongoing energy transition, stating that there has been a surge in demand for minerals worldwide.

Budget 2024: Key highlights

Key highlights of Interim Budget 2024

Coal and Mines Ministry reviews National Mineral Exploration Trust

The Consultative Committee for the Ministry of Coal and Mines had convened at the Parliament House Annexe on September 19th to assess the performance of the National Mineral Exploration Trust (NMET).

MoRTH lays foundation stone of NH projects worth Rs 3,972 cr

The Minister of Road Transport and Highways (MoRTH), Nitin Gadkari, laid the foundation stone for National Highway (NH) Projects worth Rs 3,972 crore in Belgavi.

L&T awarded contract for its buildings & factories business

The L&T construction has secured a large order for its Buildings & Factories business from Central Public Works Department (CPWD) to construct Common Central Secretariat Integrated Buildings 1, 2 and 3 in Plot 137, New Delhi with a built-up area of approx. 48.11 Lakh Sq.ft. including its Operation & Maintenance

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.

CE sector secures jobs in a difficult environment

Globally, sales of construction machinery fell by three per cent in 2020, but the Chinese market grew by 30 per cent, so the global market excluding China actually slowed by 17 per cent.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

CE sector secures jobs in a difficult environment

Last year, the industry turnover of construction machinery from German production was 10.5 billion euros. This corresponds to a minus of 17 per cent compared to the high level in 2019.

Budget focuses on infra to revive economic growth

Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP)

MoRTH proposes safety norms for construction equipment vehicles

The Ministry of Road Transport and Highways has issued a draft notification to address the issue of safety requirements while construction equipment vehicles are running on roads along with other vehicles

Sonia Gandhi appeals to PM Modi

The construction industry employs 30 million people, more than the population of Australia or Malaysia; yet only 4 per cent of the current 32 million workers are skilled.

Auto Expo 2020 Components

Around 400 companies launched over 1,200 new products, which exhibits the preparedness of component industry to support the transformation in automotive space.

ACMA Aftermarket Expo in Patna

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the interest of the Indian auto component manufacturers, announced the first edition of the ACMA Aftermarket Expo in Patna.

Technology rules the roost at Auto Expo 2020 Components

The 15th edition of Auto Expo 2020 Components organised jointly by Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM), concluded successfully on February 9.

Excon gives us an opportunity to connect to new customers

Simem has been designing and manufacturing machinery and plants for the construction industry for over 50 years. The company now offers a wide range of products specifically designed for the production of concrete.

Growth ahead, no skidding!

According to the UN's World Economic Situation and Prospects (WESP) 2019, India's GDP growth is expected to accelerate to 7.6 per cent in 2019-20 from an estimated 7.4 per cent in the current fiscal ending March 2019.

L&T opens service centre in Singrauli

L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India's coal industry.

L&T opens service centre in Singrauli

L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India?s coal industry. The new facility was inaugurated by Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery Business, Larsen & Toubro in the presence of a galaxy of top customers from public sector and private companies.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

Rs 2,779-cr revenue genrated from 83 coal mines

The government has so far generated a revenue of approximately Rs 2,779 crore from the auction and allotment of 83 coal blocks, Minister of state for Coal, Power, New and Renewable Energy and Mines Piyush Goyal informed Parliament.

GST and Logistics

GST is not a one-shot panacea for all ailments of logistics sector. Areef Patel elaborates on GST and its role in logistics. Areef Patel elaborates on GST and its role in logistics.

3 CIL coal washeries under construction

According to reports, only three Coal India washeries out of 15 to be operationalised by 2017, are at the construction stage. Meanwhile letters of assurance have been issued with regard to five others having a capacity of 34.5 MTPA.

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

Witnessing Quantum Jump

In light of the various infrastructure development initiatives by our government and expansion plans declared by various related agencies, the Bulk Material Handling Equipment (BMHE) sector

Expectations Post Monsoons

Slowdown in construction activities, all around the country, is a predictable annual feature. It is time for the industry to recharge its batteries, rejuvenate equipment fleets, invest in skill development and be ready to meet the frenzy post monsoons.

Concrete Show India 2016

UBM India successfully concluded the forth edition of Concrete Show India with over 150 Indian and global suppliers and manufacturers from across 10 countries and over 5,500 trade visitors, amidst an industry showcase of products, solutions and services at the Bombay Convention and Exhibition Centre, Mumbai during May 19-21, 2016.

UBM Indias concrete show showcases innovations

Concrete Show India 2016, the three day trade show hosted by UBM India, concluded at Bombay Convention and Exhibition Centre, Mumbai.

India to harness 50,000 km waterfront

The government is looking to harness the country?s 50,000 km of sea and river fronts as waterways

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.

A firm team player

Anil Lingayat, Executive Vice President & Business Head at Godrej Material Handling, has been associated with Godrej and Boyce (G&B) for over 30 years.

India may relax tariffs on auto parts

India is likely to take a ?flexible approach? on tariffs on auto components in the free-trade agreement negotiations with the European Union. The 28-nation block is keen to restart talks on the comprehensive free trade agreement (FTA).

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

Mining - A New Chapter

Finally, there is good news for the Indian mining industry. The Indian Parliament has recently passed the Coal Mines Special Provisions Bill and Mines and Minerals Development (MMDR). Definitely, a huge shot in the arm for this industry and all its stakeholders.

German CE sector grows

Turnover achieved by German manufacturers of construction equipment in 2014 grew by eight per cent, equaling ?8.4 billion in total, and, with this, is higher than was originally expected. This amount is about the same as was reached in 2006.

Modular Ways To Stay Fit

India continues to be one of the most dynamic markets for the global construction machinery industry. By 2016, about 80,000 units are expected to be sold in the country. The long-term prospects of the market look sharp, despite the current slowdown the industry is experiencing. By the time this issue goes to press, India would have started casting votes to elect its representatives to the nation?s Parliament amid rising expectations for rapid economic growth and a return of opportunities. There

CECE gets new president

Eric Lepine, General Manager of Caterpillar France, took over as the new president of the Committee for European Construction Equipment (CECE). During his 26 years of experience in the industry,

Year End Review of Ministry of Coal

Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with Power Sector and setting of Coal regulator approved. Under the bidding policy, seventeen coal blocks allotted to the Government Companies and thirty eight coal blocks brought under production.

Coal Regulatory Authority Bill under consideration

Year end review report of the Ministry of coal reiterates Government of India committment towards setting up of Coal regulator. As per this report, the Government has approved the setting up of Coal sector Regulatory Authority on June 27, 2013. As the enactment of the legislation through the Parliament would take some time, therefore, it was decided that a non-statutory regulator be set up through an appropriate executive order.

Will elections energise the economy?

It seems that we are stuck in the same narrative, which is playing on a loop, told and retold over the past couple of years. The gist of that tale is: even though short-term prospects are not too bright, the slowdown and resultant sluggishness in the CE market is a temporary blip; the long-term growth prospects still look promising

FM Hopes 6 Persent GDP Growth

Finance Minister P Chidambaram expressed hope that the Indian economy may expand at 6 per cent or slightly more during 2013-14.

Centre urged to approve funds for road upgradation in Gujarat

In Gujarat, Bal Krishna Shukla, the BJP MP elected from Vadodara parliamentary constituency, criticised the Centre for allegedly delaying approval of a Rs 1,065-crore road upgradation project. The pre-empowered committee of the Prime Minister's Gram Sadak Yojana (PMGSY) cleared a Rs 1,064-crore road upgradation project of 921 roads covering a total distance of 2,834 km across Gujarat and the committee met in Delhi last week, Shukla said.

Rohtak to get Rs 1,500 cr rail, road projects

Road and rail projects worth Rs 1,500 crore will be launched in Haryana's Rohtak Parliament constituency on July 28, Rohtak MP Deependar Hooda said on July 7. The railway line from Hansi to Rohtak via Meham and four-laning of the Hisar-Delhi national highway would be completed soon, the MP said.

Goa govt to apprise SC on action against illegal mining

Goa government is taking steps to address the issue of illegal mining in the state and it would apprise the Supreme Court about the measures taken by when the matter comes up for hearing on July 10, reports indicate. Among the measures initiated by the state are adoption of differential global positioning systems (DGPS) mapping, regularization of dumps, e-filling. The state government is learnt to have addressed mining issues in four areas out of the six areas of conc

Ministry to take step to fast-track nod for mining projects

Media reports indicate that the union mines ministry may make insert provisions in the draft Mines and Mineral (Development and Regulation) Bill, 2011, to expedite clearance for mining projects. The mines ministry, in consultation with the law ministry, would introduce a provision in the bill, making it mandatory for government agencies to clear all the pending applications for coal mine prospecting as well as minin

House panel proposes royalty-based payment for coal miners

A Parliamentary committee headed by Trinamool Congress MP Kalyan Banerjee, suggested the government to mandate coal and lignite mining firms to contribute an amount equal to royalty towards a district mineral foundation (DMF). While the new mining bill mandates miners of major minerals like iron ore and bauxite to make such a contribution, the bill mandates coal and lignite mines to pay

House panel alleges irregularities in coal mines allocation

According to the observation of Parliament Standing Committee on Coal and Steel, the Indian government did not follow best practice in allocating coal mines in the past 20 years. The allocation in this period was illegal and amount to abuse of power as the government alloted it to a privileged few. It said the allocation of "huge national resources" did not gener

TN proposes ring road for Salem to cut accidents

The Union Minister of State for Road Transport and Highways Sarvey Satyanarayana has said that to check the number of accidents in Salem city, a proposal to build a ring road, about 60 km long, has been made by the Tamil Nadu government.

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

International Mining & Machinery Exhibition

The Indian mining sector will emerge stronger with a better and more transparent mining policy and according to McKinsey Report, the metals and mining sector can contribute to $150 billion per annum to GDP.The two day international conference ?Global Mining Summit? kick-started alongside the four day International Mining & Machinery Exhibition with a specific focus on exploration, technology, policy frameworks and emerging business opportunities in the Indian mining and coal sectors.

RInfra launches monitoring system

In response to increasing health concerns on account of rising environment pollution, Reliance Infrastructure (RInfra), part of Reliance Group, launched an environmental mobile monitoring system at the 140-km stretch of the Pune Satara corridor.The inauguration was done by Member of Parliament Shrimat Chhatrapati Udyan Raje Bhonsale at Annawadi Toll Plaza. Bhosale flagged off the mobile van at the venue.

Equipment India bags award

Equipment India, the only 100 per cent dedicated magazine on mining and infrastructure equipment industry segments in the country was adjudged the ?Best News Magazine' at the recently concluded 3rd Construction Industry Development Council's Vishwakarma Awards.

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