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On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

Rishi S of Sanghvi Movers: We are seeing demand across sectors

Rishi Sanghvi, Managing Director, Sanghvi Movers, speaks on the medium and heavy-duty mobile crane market in India.

Govt to allot 9 coal blocks to PSUs

The government has invited applications from state-run companies for allotment of nine coal mines for captive power generation and commercial use.

Mining, Construction to Lead Growth of Tyres

The current market for mining and construction is growing and with the initiatives taken by the new government, it is poised to gain momentum in the coming years. Continental India foresees this as a key growth enabler for tyre industry.

Diggers to get busier

The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.

Budget boost!

Infrastructure has received a booster shot of Rs 70,000 crore and another Rs 24,000 crore of increased outlays on roads and railways. This would take the existing spend on infrastructure for 2015-16 from Rs 2,10,000 to Rs 3,04,000 crore plus the funds created as an outcome of the seed money invested in National Investment & Infrastructure Fund which in turn will find its way into infrastructure funding companies like IRFC & NHB where they will evolve with a factor of ten.

Coal Ministry to review surplus coal usage

To determine mandatory rules for the use of surplus coal from captive mines, the Union Coal Ministry has started fresh round of discussions with other involved ministries including Power and Steel. The matter has been kept in abeyance for the last two years. As per the Coal Mines (Nationalisation) Act 1973 which oversees captive mining, all coal mined from the block must be used entirely for the respective end-use project.

Govt allocates mining leases via auction: Minister

The Union government notified the auction of mining leases on February 2 in 2012 under the amended provisions of Section 11 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957) (MMDR Act).

We are expanding network to be closer to our customers

The complete range of jaw, cone, HSI and VSI crushers offered by the ASTEC Group (Telsmith and KPI-JCI) is available to TIL for exploring the markets in India, says R Nandagopal, Vice President - Equipment & Project Solutions, TIL.

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