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Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

Ajax Engg gears up for Atmanirbharta

The leading SLCM manufacturer says it is investing Rs 140 crore to help in its plan to diversify its construction to roads, railways, energy, and irrigation.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

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