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FCC highlights growth opportunities in railways

FIRST Construction Council (FCC), an infrastructure think-tank, hosted a virtual discussion forum on Oct 5, 2023, to discuss business opportunities for industry in the developing rail infrastructure segment.

We are enhancing business competencies for green bio-carbon material development

Vidyadhar Limaye, President – Business Head (Polymer), Varroc Engineering, speaks on the current status and recent developments of company’s polymer business.

Vedanta Aluminium expands India’s largest fleet of electric forklifts

The company has goal of achieving net zero carbon emissions by 2050.

Vedanta Aluminium expands India’s largest fleet of electric forklifts

It has been deployed at the company’s operations in Jharsuguda, Odisha

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

Rs 250 bn solar equipment factory approved by HLCA in Odisha

The high-level clearance authority (HLCA) of the state government gave its approval to five major industrial projects a week before Chief Minister Naveen Patnaik travels to Japan to seek out investments for Odisha.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

Tata Motors, India’s largest commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s leading public sector bank to offer unique financing solutions for the purchase of the all-new Tata Ace EV – India’s most advanced, zero-emission, four-wheel commercial vehicle.

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

The partnership will introduce easy loan-structured schemes for the purchase of the all-new Tata Ace EV

Shriram Automall gets Great Place to Work certification

Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces

Shriram Automall gets Great Place to Work certification

Great Place to Work® is a global authority that recognises High-Trust and High-Performance Culture™ at workplaces

Vedanta Aluminium conducts masterclass to boost productivity of extrusion industry

Aluminium is the second most important metal in the world today.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

3i Expo gets an arousing response from manufacturing industry

3i EXPO & Conference— hosted by Industrial Products Finder (IPF) from May 20-21, 2022 in Mumbai—received an arousing response from the Indian manufacturing sectors with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc visiting the event.

3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India

3i EXPO & Conference gets an arousing response from manufacturing industry; IPF presents awards to 19 SMEs from across India

Make in Steel 2022

The fifth edition of Make in Steel Conference and Awards 2022, with the theme “Gearing up for sustainable steel in India”, offered three interactive panel discussions and thought-provoking industry keynotes.

Vedanta Aluminum, GEAR India, ink pact for electric forklifts

Vedanta Aluminum has signed a pact with GEAR India for deploying electric forklifts in India. As many as 23 electric forklifts will be commissioned in a phased manner in the upcoming few months.

Vedanta Aluminum and GEAR India ink pact for electric forklifts

Vedanta Aluminum has signed a pact with GEAR India for deploying electric forklifts in India. As many as 23 electric forklifts will be commissioned in a phased manner in the upcoming few months.

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS will have a new commercial director from 1 November 2021. Christophe Sanchez is succeeding Martin Schickel at the helm of the historic Liebherr site in France. Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

Christophe Sanchez replaces Martin Schickel as Director General of Liebherr-France

Liebherr-France SAS, founded 60 years ago, is responsible, among other things, for the development and production of the group's crawler excavators in Colmar.

SAB purchases Liebherr wheel loaders & crawler excavator

Since its foundation in 1985, SAB has invested in more than 50 Liebherr machines. New Liebherr XPower wheel loaders and an R 945 G8 are the most recent additions.

SAB purchases Liebherr wheel loaders & crawler excavator

SAB expands fleet with seven new XPower wheel loaders and an R 945 G8 crawler excavator

Volvo machines drive safe and profitable operation at Indonesian nickel mine

At the Weda Bay Nickel Project in Central Halmahera, Indonesia, a fleet of Volvo articulated haulers and excavators are offering excellent stability on soft ground

Nouvelles Carrières d’Alsace once again opts for Liebherr quality

Nouvelles Carrières d'Alsace and Liebherr enjoy a long-term partnership

Vedanta Aluminium launches maiden Sustainable Development Report

Launched on World Environment Day, the report captures sustainability performance highlights of FY 2019-20.

Vedanta BALCO’s 100-bedded Covid field hospital operationalised

The 100-bedded state-of-the-art hospital shall provide critical care support to COVID patients, aiding state government’s efforts

7500+ people vaccinated by Vedanta at its plants in Odisha and Chhattisgarh

edanta Aluminium & Power Business, India’s largest producer of aluminium and value-added aluminium products, has accelerated the COVID vaccination initiative and vaccinated over 7500 of its people across its plants.

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.

Vedanta signs MoU with research institutes for value-creation from bauxite residue

Vedanta, India’s largest producer of aluminium and its value-added products, has signed a memorandum of understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated during processing of bauxite into alumina using the Bayer process.

Two new local zero emission excavators from Liebherr

The R 976-E electric crawler excavator, along with the R 980 SME-E, replaces the ER 974 B for mine and quarry extraction.

Egis wins new design contract for Dhaka metro

Bangladesh Government is planning to build Mass Rapid Transit (MRT) line 5, commonly known as southern metro rail, in Dhaka.

1st IIEF lauds innovations in 5 categories

Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.

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.

L&T Construction bags mega contract of India’s first high-speed rail corridor

The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.

Financing Challenges

Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.

Creating a Win-Win Situation

In India, human resource along with automation will work wonders for the manufacturing industry.

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.

Hindustan Zinc partners with FarEye to build digital control tower

India's largest and the world's second-largest zinc-lead miner, Hindustan Zinc (HZL) has partnered with FarEye, a SaaS-based predictive logistics platform, to reduce dependency on manual processes, enhance logistics efficiency and mitigate risks.

4th IPF Industrial Excellence Awards

The recent awards ceremony in Mumbai lauded 19 SMEs from 16 cities.In its 48th year, IPF, India's largest circulated industrial magazine, hosted its 4th IPF Industrial Excellence Awards in Mumbai during which 19 SMEs from 16 Indian cities were honoured for their achievements during the year.

Hindustan Zinc partners with FarEye to build digital control tower

India?s largest and the world?s second-largest zinc-lead miner, Hindustan Zinc (HZL) has partnered with FarEye, a SaaS-based predictive logistics platform, to reduce dependency on manual processes, enhance logistics efficiency and mitigate risks.

Building smart machines and factories

The Innovation Day conference held in Ahmedabad was insightful with dedicated focus on smart manufacturing.

Srei, Oriental Bank of Commerce sign pact

Srei Equipment Finance and Oriental Bank of Commerce announced a strategic alliance to offer loans for purchase of equipment under a co-lending arrangement. iQuippo, a Kanoria Foundation initiative, will facilitate sourcing of loans under this program.

Srei Equipment Finance and Bank of Baroda in strategic alliance

Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.

Supporting PERFORMANCE

Two Liebherr R 976 crawler excavators are at the heart of production in South African coal mine achieving an output of 280 cu m per hour for 20 working hours a day.

TCIEXPRESS posts robust growth in Q3

After reporting stellar figures in Q2, TCIEXPRESS has sustained its robust growth figures. The company?s net Q3 revenue showed robust growth of 14.89 per cent, while the EBITDA stood at Rs 31.63 crore after registering an increase of 28.26 per cent.

IPF Industrial Excellence Awards 2018

The 47-year-old Industrial Products Finder (IPF), published by ASAPP Info Global Group, presented its third IPF Industrial Excellence Awards on December 13, 2018, at NSE, Bandra-Kurla Complex, Mumbai.

Smart Industry Conference 2018

Indian manufacturers are at the brink of a technological transformation that is changing the way we work and communicate with each other.

India Rubber Expo to be held in Mumbai

The 10th edition of India Rubber Expo (IRE), Asia?s largest rubber expo, will be held during January 17-19, 2019. The IRE 2019 is a milestone with many features.

Hydraulic Hose and Fittings

Hydraulic systems are widely used in off-highway equipment when heavy force or torque is involved, such as lifting loads of several tonnes, crushing or pressing strong materials like rock and solid metals, and digging, lifting, and moving large amounts of earth.

Showcasing innovations

The 2018 edition of INTERMAT, the international exhibition for construction and infrastructure, was a lively and vibrant event, confirming the growth perspectives of a sector driven by innovation, which has set its sights firmly on the future.

Equipment finance sector to grow at 19 per cent CAGR

We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Vis Hydraulics joins Unacea

Vis Hydraulics, a company specialised in the design and production of hydraulic cartridge valves, coils and electronic controls for construction equipment, has joined Unacea. Founded in 2009 by Adamo and Davide Venturelli in Pavullo, near Modena, Vis Hydraulics offers a customised production service, tailored on the specific needs of each customer, in addition to the standard products.

Every third piece of equipment is financed by us

Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).

IPF Industrial Excellence Awards 2017

In its second year, the awards recognised people, processes and products that drive the industry forward to achieve success in a competitive market.

Digital disruption in CE space

Construction equipment sector is way behind in using digital platform for sourcing equipment. Anant Raj Kanoria elaborates on the importance of adopting new technologies for the growth of this industry.

We expect to strengthen ties with our existing customers

The industry seems to be gradually moving out of the sluggishness. The impetus of the new infrastructure projects seems to have come in at an opportune time and soon we shall see the much-needed vibrancy in this high potential industry

Advancements in Bearings for Construction Machinery

Construction machinery is characterised by its ability to perform in the harshest environments. Machinery such as excavators, dozers, compactors, cranes and dumpers have tremendously increased development capacity.

Digital Transformation of Manufacturing

A world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, Dassault SystFmes commenced its first 'Manufacturing in the Age of Experience' event in India.

Siemens inaugurates new switchgear factory in India

Siemens India inaugurated its showcase digitalised low-voltage switchgear factory at Kalwa, near Mumbai. The globally-benchmarked factory is capable of producing more than 180 variants at the rate of one product every nine seconds.

Dassault Syst?mes sets 3D platform for digital transformation in manufacturing

Dassault Syst?mes, the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, commenced its first ?Manufacturing in the Age of Experience? event in India.

Equipment & Technology for Infrastructure is no Luxury!

The Supreme Court's recent clarification that construction equipment and agricultural equipment are not included in the BS-III vehicle ban was a sigh of relief to the concerned industry.

Don't stymie equipment & technology

The recent inauguration of India's longest bridge above water, the 9.15 km Dhola-Sadiya bridge by PM Modi coincided with the completion of three years of his government in office.

We see a lot of demand coming in from e-commerce sector

TCIEXPRESS is a specialist and leader in express distribution in India. PC Sharma, CEO and Whole Time Director, shares more on the company and the express logistics industry in India.

Multi-crane lift performance by Grove cranes

Aertssen Kranen completed one of the most visually striking lifts in recent history, employing 14 Grove cranes to simultaneously lift a massive pipeline for an industrial plant project in Antwerp, Belgium.

Bauma is an important platform for the industry

Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.

Vedanta to double copper capacity by 2019

Vedanta will invest up to Rs 3,000 crore in copper operations to double the capacity to 8 lakh tonne by 2019, making the firm India?s largest producer of the metal.

National Capital Goods Policy 2016

The National Capital Goods Policy 2016 has been the talking point for some time now. It is a policy that is not short on intent. It is conclusive but not entirely comprehensive. Some critical elements have been surprisingly left out.

New members at UNACEA

Dieci, a company specialised in the production of telescopic handlers, self loading truck mixers and dumpers has joined UNACEA. ?We have joined UNACEA because we believe in the trade association work in Italy and Europe,? said Ciro Correggi, Managing Director of Dieci.

ASTM International launches ?Year of the SME?

ASTM International, one of the world?s leading standards development organisations, launched the ?Year of the SME: Small Business in Action? at its first major meeting of 2016.

IME 2016: Explore the Latest in Mining

The event will provide excellent business opportunities to the stakeholders of mining and allied industry. The 6th IME 2016 - international mining, exploration, mineral processing technology

Mining Equipment Sector Ablaze

India's national Budget 2016 is scheduled on February 29, 2016. Industry is rife with guesstimates, speculations, recommendations to the Finance Ministry and positive expectations which will help fuel their growth.

CE Industry Buoyant at EXCON 2015

CII and ICEMA jointly showcased the CE industry at EXCON 2015, the 8th International Construction Equipment and Construction Technology Trade Fair, from 25-29 November 2015, at the BIEC grounds in Bengaluru

Light at the End of the Tunnel

Hydraulic cylinders have wide application area ranging primarily construction equipment, manufacturing machinery, civil engineering equipment etc.

Transmissions optimise performance

Every off-highway vehicle performs different tasks on the job sites, with only a few characteristics in common. In order to achieve higher productivity, these machines must perform at high efficiency levels with lesser and lesser maintenance while working in harsh environments that exert high torques and loads on the equipment. Transmission solutions play a vital role in the overall performance of such a vehicle.

Connecting the CE Industry

As a prelude to Excon 2015, a road show was organised by Confederation of Indian Industry (CII) at Mumbai on October 8, 2015. In essence, this meet was organised by CII to showcase the exhibition and give an overview. The event was attended by all sections of the connected stakeholders.

Power tools range launced under Stanley

Stanley Black& Decker, the world?s largest tools and storage company has now introduce the range of power tools under the Stanley brand, specifically engineered for the tradesmen and SMEs in the emerging markets.

Make in India

Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.

Armed with Accolades

Spartan Engineering Industries is a Mumbai-based leading ISO 9001 2008 certified manufacturer and supplier of high quality construction machinery and equipment like bar bending machines, bar cutting machines, man and material hoists

Making Equipment Tick

Machine tools play a crucial role in the manufacture of precision components, which enable the production of robust and reliable equipment. Without machine tools, no components or parts would exist.

Budget boost for SMEs may not be enough

The Union Finance Minister Arun Jaitley announced a slew of measures to boost the morale of small and medium enterprises (SMEs) in the Budget, including a Rs 10,000 crore start-up fund for new businesses and an investment allowance of Rs 25 crore.

Farm Implements on Fast Growth Track

INDIA ranks second in farm output worldwide. Agriculture and allied sectors like forestry, logging and fishing accounted for 17 per cent of the GDP in 2012. Rising costs and scarcity of manpower

AIAIs 4th Global Economic Summit in September

The 4th edition of the Global Economic Summit on Asia...Powering Global Markets, jointly organised by the All India Association of Industries (AIAI) and World Trade Centre, Mumbai is scheduled from 11-13 September 2014 at the Expo Centre, World Trade Centre Mumbai.

India needs to resolve issues around mining sector: KPMG

SV Sukumar, Partner and Head of Operations and Supply Chain, KPMG is of the view that India needs to resolve issues related to mining activities mainly coal and iron ore. The quick resolution of the mining issues is the way forward for the economy. The mining sector is plagued with so many issues like illegal mining, ban on mining, etc.

Bevcon Wayors wins major awards

Bevcon Wayors has won three prestigious awards in 2014. The Managing Director of the company Y Srinivas Reddy has been selected and honoured with the ?Most Promising Entrepreneurship Award? at the Asia Pacific Entrepreneurship Awards 2014 India. The awards organised by Enterprise Asia were presented by Dr GV Krishnamurthy, former chief election commissioner of India and William Ng, President of Enterprise Asia.

A keen strategist

Rajesh Shrivastava, who recently joined Terex Equipment?s (TEPL) management team as Head Marketing and Dealer Development, is a Mechanical Engineer and has done his Masters in Business Administration from the Army Institute of Management & Technology. He brings over 17 years of multi-industry knowledge from within farm and construction equipment and polymers plastics industries. He has been mandated to spearhead the renewed marketing thrust at Terex and play a vital role in its national and inte

Manufacturing will be the Key

The worst may not be over yet for the Indian manufacturing sector. Lack of growth in the manufacturing sector continues to be the Achilles? heel of the Indian economy, according to Finance Minister P Chidambaram. Emphasising the need to focus on manufacturing and exports, Chidambaram announced a goal to increase the share of manufacturing in GDP to 25 per cent and to create a hundred million jobs over a decade, in his interim budget speech.

Eaton launches advanced UPS

Power management company Eaton announced the launch of an advanced design quality solution ? Eaton? 9145 UPS, offering protection to critical applications, ideal for BFSI, IT, SME and SMB segments. This solution can manage stringent climatic conditions and challenging electrical utility predicament in India.

Magma is a well-diversified business with six business lines

No equipment group is able to drive growth which is primarily due to the fact that the overall infrastructure and mining segments have been impacted by various factors, says Sumit Mukherjee, National Sales Head, Magma Fincorp. Excerpts from the interview.

The double barrel green system does not require the addition of commercial additives

TIL has always introduced world class products and is firmly associated with India's infrastructure development. Considering India's hot mix asphalt pavements` making needs and challenges, TIL has introduced the latest technology from Astec Inc,

Siemens technology solutions for SMEs

Siemens Industry Sector unveiled the Siemens Productivity Tour, a nation-wide, multi-city mobile road show aimed at empowering small and medium manufacturing enterprises across India with technologies for productivity and efficiency.

Price of copper rises due to plant shut down

Price of copper and copper products rose owing to shortage of the metal on the back of shut-down of the two largest manufacturing plants in the country. While Hindalco stopped operation at its Birla smelter recently for routine maintenance, a plant of Sterlite Industries was shut on March 30 after local residents com

User industries import copper to overcome shortage

Local consumers of copper are reportedly importing the metal owing to shortage of its domestic production on the back of closure of a smelting unit of Sterlite Industries in Tamil Nadu. Sterlite's copper smelter in Tuticorin, Tamil Nadu, which caters to half of India's copper consumption, has remained closed for more than a month owing to alleged leakage of gas from the

Tribunal hears Sterlite's argument on plant closure case

The National Green Tribunal heard the arguments put forth by Sterlite Industries on the case regarding the closure of its plant in Tuticorin district by the Tamil Nadu Pollution Control Board (TNPCB). The board order for closure of the copper smelting plant on complaints of alleged gas leakage from the unit. Senior Advocate CA Sundaram, who represented Sterlite, in the hearing argued that Sterlite has invested over Rs 4,000 crore in the copper smelting plant and the same

We are very focused on fuel-efficient concrete pumps

We are offering boom pumps starting from 20 m class up to 43 m class. In future, based on the customer need and availability of suitable truck chassis, we will offer boom pumps with a reach of more than 43 m,

The Budget's impact

Industry captains analyse the Budget's implications on the CE sector. According to Vipin Sondhi, Managing Director & CEO, JCB India, the Finance Minister has rolled out a well-balanced and realistic Budget.

Hits & misses

Even though the recent Budget left much to be desired, the initiatives announced in it and the measures taken outside it, together are expected to boost the demand for construction equipment (CE). To our surprise, the Budget was non-committal on the reduction of import duty for critical equipment and machinery.

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