Elgi Equipments announces PAT of Rs 60.5 cr in 1QFY2023

Consolidated sales for the first quarter was Rs 724 crore

Elgi Equipments revenue up 31%

Manufacturer of air compressors, Elgi Equipments, said it will take steps to keep costs under control as inflation, war, and political unrest in some geographies threaten to affect demand and margins.

We create value for our customers through make in India

LeeBoy India benefits from having a local manufacturing facility to effectively catering to the local and export markets.

Our growth is in double digits

AxleTech is a manufacturer of axles to speciality applications in off-highway and defence segments.

We aim to double our top-line growth in four years

Premium Transmission provides high quality, precision-engineered power transmission products and solutions to the global engineering industry, catering to the needs of customers across the globe.

Premium Transmission opens product development centre in Kolkata

Premium Transmission, one of the leading players in industrial gearboxes, geared motors and fluid coupling market of India, is strengthening its footprint in eastern part of the country by opening new product development centre in Kolkata.

Pioneering Growth

Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.

LiuGong, UOB ink strategic pact for Southeast Asia

LiuGong has successfully signed a Memorandum of Understanding (MoU) with the United Overseas Bank for partnership in machinery financing in Southeast Asia.

All Set to Leapfrog

From a position of being number seven currently, ELGi Equipments aims to become the second largest compressor manufacturer globally, in a decade. The Indian compressor giant is well on its way. A report based on the facility visit and interaction with the management.

Danfoss India bags Frost & Sullivan Leadership Award

Danfoss Industries Pvt Ltd was awarded with the Frost and Sullivan - 2017 India Building and HVAC Segment - LV Drives Enabling Technology Leadership Award under the category of novel developments in the Industrial Automation and Process Control Sector at the Frost and Sullivan 2017 India Best Practices Awards Banquet held in Mumbai.

Escorts showcases new products at IREE 2017

Escorts has developed a series of new products to make rail travel safer and faster. The new products include anti-lift AARH couplers, axle-mounted disc brakes, brake disc for high-speed LHB coaches, locomotive brake electronics for both electric and diesel locomotives, high-end dampers for locomotives and LHB coaches besides air springs.

ValvTechnologies appoints Regional Director for Asia-Pacific

ValvTechnologies, Inc announced the appointment of Cliff Horsburgh as Regional Director, Asia Pacific, with immediate effect. Based in Kuala Lumpur in Malaysia, Horsburgh will have senior management responsibility for leading sales growth in the Asia-Pacific region. With more than 30 years of experience in the valve and pump industry, he brings extensive global business management and sales experience to the company.

Tata Motors launches CV range in Philippines

Tata Motors launched its range of commercial vehicles in Philippines. This include Tata prima range tractor trailers and tippers, LPT trucks, SFC 407, and Super Ace mini truck.

In Eco-town Construction

About 40 machines from Volvo CE including excavators, haulers, and motor graders are being used to build a luxury, gated 533-acre township in Malaysia.

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

A strong manager

Sivasubramanian Natarajan is the Managing Director of ThyssenKrupp Indistries India, a company that in the last five decades, has grown to become one of the most trusted names in sugar plants and machinery

We need to adopt ISO standards for testing, safety, emission, etc

The major hurdles that will dent the ?Make in India? campaign are poor quality of finished goods due to lack of workmanship and technology deficit in designing quality equipment, says Amarnath Ramachandran, President - Designate, LeeBoy India.

Ensure that stalled projects are cleared without further delay

Make in India campaign will push for necessary policy reforms which will make it easier for prospective investors (domestic and international) to explore India as a business destination, particularly for infrastructure building equipment, says Amit Gossain, EVP - Sales, Marketing and Business Development, JCB India.

The marketing wizard

MRV Johnson functions as Chief Marketing Officer of KION India, one of the leading manufacturers of material handling equipment in India, under the firebrand of VOLTAS.

Up & Moving

Optimistic About 2014

The German construction equipment and building material machinery industry is in an optimistic mood as incoming orders are currently up by seven per cent.Compared to the previous year, turnover of the German construction equipment and building material machinery industry declined slightly in 2013 by six per cent to the current figure of ?11.7 billion. Nevertheless, the industry is entering 2014 in an optimistic mood. Incoming orders for construction equipment are currently up by seven per ce

The newly launched boom pump will be a game-changer

We have a roadmap which is spread out for almost two years in terms of new product introduction. We have been following that roadmap and you will see launches with more variants of the boom pump and various specifications,

Concrete moves

Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there is tremendous growth opportunities in the long term.

We have the best products, the best services and of course, the best quality

Putzmeister has been in India for more than seven years and we are here to stay. We are committed to India, its people, its future and we are continuously developing new products for our valuable customers

Consistent performer

Gurman Reen has been in the construction equipment industry for eight years working across multiple domains. He has done his BE in Production from PEC, Chandigarh followed by MBA in Marketing & Finance from Symbiosis, Pune. He is the recipient of multiple certifications including 6 Sigma Green Belt, Certified in CPS (Caterpillar Production System), and Certified Machine Sales Professional.

Construction Equipment Trends in India

Many companies are setting up manufacturing facilities in India, as the country is increasingly becoming a global manufacturing hub. A large and growing domestic market, lower manufacturing cost,

Sandvik's Jumbo Drill at Work

Four Sandvik DT 820 underground drill rigs have virtually completed drill and blast duties on more than 6 km of tunnelling for Hindustan Construction (HCC), producing in excess of 1.8 million tonne of rock spoil on the country's first crude oil storage caverns at Vizag.

Customisation and collaborative approach are the hallmarks of REL.

We have recently supplied machines with electronically controlled engines which are a hit in the western market for their fuel efficiency and higher emission standards.

Putzmeister machines at Fukushima

At the Fukushima reactor in Japan, workers are currently using a Putzmeister M58-5 truck-mounted concrete pump to support the cooling of the damaged cooling pools.

Strengthening Bonds

After a series of success stories in Russia and other developed countries across the world, the Chetra Group rivets its focus in India and declares its ambitious plans of setting up a production unit here.

Innovation is one of the main strengths of Volvo

We invent many soft and hard products to improve operator efficiency, which in turn result in fuel efficiency.