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Hydrogen-Powered Revolution!

As the hydrogen-powered revolution gains momentum, India stands at the forefront of a cleaner and more sustainable automotive future.

Construction of Chennai’s ORR project likely to begin by Jan 2024

The construction of the proposed Outer Ring Road (ORR) project in the capital is likely to begin in January 2024.

Govt approves Rs 179.39 bn for UP Capital Investment Projects

The Union government has granted approval for Rs 179.39 billion to be allocated to various capital investment projects under the Special Assistance to States for Capital Investment 2023-24 Scheme for the Uttar Pradesh government.

Up-grading roads!

The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.

Excon brings more cheer to the season

Excon was spread over 3,00,000 square meters of display area with the participation of over 800 exhibitors from India and abroad.

NIP can make CE tick

As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

Stainless steel industry seeks import duty cut on key raw materials

The Indian stainless steel industry has urged the Union Government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22.

Stainless steel industry seeks import duty cut on key raw materials

ISSDA seeks exemption of the 2.5 per cent basic customs duty levied while importing key raw materials

Mechanised scavenging to be made mandatory

Government will amend the Manual Scavenging Act to make mechanised cleaning mandatory.

Govt proposes separate emission norms for CE and agri machinery

The Union Government has issued a draft notification for separate emission norms for agriculture machinery and construction equipment vehicles.

Highway construction yet to pick up: CRISIL

The highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector in the country.

MMRDA restarts work on major projects

The Mumbai Metropolitan Region Development Authority (MMRDA) has decided to restart construction on all nine Metro corridors, in non-containment zones in the city from April 20.

AJAX is all set to bounce back with resilience

To set the ball rolling, AJAX has become more resilient, adaptive and competitive like ever in this complex and uncertain period of pandemic with resilience and resourcefulness, says Debasis Bhattacharya, Head - Marketing, Sales & Product Support, AJAX Engineering.

The World Has Changed

While at EXCON 2019, Union Minister Nitin Gadkari brought smiles to the faces of the worried construction equipment (CE) industry captains, the pandemic outbreak has wiped that smile into oblivion.

Government?s coal mining plans in FY20

The Union Government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal in addition to exploration and drilling of coal blocks allocated to Coal India (CIL), according to Pralhad Joshi, Union Coal Minister.

Govt takes note of CERA?s demands

The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services

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.

Paving to perfection

Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.

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.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Infrastructure Revival to Push CE Growth

The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.

Commercial coal mining to improve efficiency

The Union Government?s recent move to allow the private sector to commercially mine coal will boost both production and mining efficiency, according to CRISIL. Substitution of imported non-coking coal with domestic production could save roughly Rs 30,000 crore of coal imports, CRISIL estimates.

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.

30 more smart cities announced

The Union Government has announced new list of 30 cities for development as smart cities taking the total cities picked up so far to 90 under Smart City Mission.

Indian customers are gradually becoming safety conscious

Aerial Work Platforms (AWPs) can make a difference in a company?s day to day operation. There is a broad spectrum of models with a variety of lift heights suitable for almost any work requirement.

Centre plans dedicated fund for infra finance

According to reports, the Union Government is planning to set up a dedicated fund of Rs 10,000 crore for financing infrastructure projects in the country. This will be a boost to the country?s infrastructure sector, requiring investments of more than $1.5 trillion in the coming ten years.

Centre plans dedicated fund for infra finance

The Union Government is planning to set up a dedicated fund of Rs 10,000 crore for financing infrastructure projects in the country. The fund ? through ?unconditional and irrevocable partial credit guarantee? ? will help enhance the credit rating of bonds issued by infrastructure firms so that they, in turn, can attract long-term investments especially from global insurance, pension and sovereign wealth funds.

Waking up to New Demand

The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.

Centre to award Rs 14,225 crore port projects

The Union Government will award projects worth Rs 14,225 crore by March end to augment the capacity of major ports by 162 million tonne.

Budget bites

The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.

Govt plans infra fund

The Union government is planning a multi-billion dollar infra fund to push investments. According to reports, the Roads Ministry has already begun discussions with potential

Marching Ahead

When the BJP manifesto projected ?housing for all? by 2022, many considered it a hollow promise, creating much ado about nothing. However, if the signs are to be trusted, the script seems to be unfolding in the right direction.

Decision on CIL's 5% divestment in 2 months

Coal India (CIL) divestment is likely to be finalised in the next one-two months, says Union Coal Minister Prakash Jaiswal. The Minister said the Cabinet will take a final call on divesting 5 per cent stake in the world?s largest coal producer.

Govt expects to solve Goa ore mining ban issue sonn

Expecting a rise in iron ore exports, which would help to lower the current account deficit, the Union government hopes to get relief on iron ore mining in Goa by November. Union Minister for Mines Dinsha Patel hoped that the legal and environmental issues in Goa's iron ore mining will be resolved by October-end or November first week.

Coal India to develop coal bed methane reserves

Union Minister of State for Coal Pratik PrakashBapu Patil has said that Coal India (CIL) is pursuing development of coal mine methane (CMM) from its mining areas as it would be beneficial on mine safety as well as environment. Ministry of Coal has made CMPDI, the Nodal Agency for development of coal mine methane in India. At Moonidih mine of Bharat Coking Coal (BCCL), CIL/CMPDI has successfully implemented a CMM demonstration project, which is funded by the Union government.

Centre wants to revive iron ore mining

The Union government is very keen to restart iron ore mining in the country and export more quantity of ore, said Union Finance Minister P Chidambaram on August 22. He added that the government need to find a way to export iron ore. Production of steel is vital for the country's manufacturing sector, he said.

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).

Illegal sand mining in UP: Committee submits report

The Union government-constituted committee to enquire into the adverse environmental impact of the alleged illegal sand mining in Gautam Budh Nagar in Uttar Pradesh has bubmitted its report.

Govt to modernise coal mining operations

The Union government has said that Coal India (CIL) has adopted modern technologies for coal mining. It has proposed to further modernise mining operations in its mines. For this purpose, a Committee has been constituted to look after the issues for technology up-gradation and modernisation of CIL through hiring of international consultants.

Govt invites bids from PSUs for 5 lignite blocks

The Union government has called bids from public sector undertakings (PSUs) for 5 lignite blocks with an estimated 156 million tonne of reserves. The lignite blocks in Gujarat and Rajasthan will be awarded to State-run companies depending on various factors like location of the end use project and preparedness of the end use project, a government notice said.

Odisha govt wants to reserve mines to OMC

If the state government's plan goes well, Odisha Mining Corporation (OMC) would get all the remaining mineral bearing areas in the state. Odisha government would write a letter to the union government defending its stand to reserve all balance mineral bearing areas of the state not already held under any

Mining picks up in Bellary area

In Bellary district of Karnataka, mining activities have resumed gradually after lifting off the blanket ban imposed by the Supreme Court in July 2011. As many as 13 mines (11 in forest land and two in revenue lands) listed in categories A and B have started extraction of ore after implementing reclamation and rehabilitation (R&R) plans and obtaining all the statutory clearances.

JK govt mulls 16 main road projects under CRF

Jammu and Kashmir government has proposed 16 vital road projects before the Union government under the centrally sponsored scheme, Central Road Fund (CRF) for 2013-14. During 2012-13, the State government had proposed 13 vital road projects before the Central government but out of that only five projects were sanctioned. Three road projects were sanctioned for Jammu region, one each in district Jammu, Kishtwar and Doda, while two were sanctioned for Kashmir region, one each for Baramulla and Pul

Funds sanctioned to build 3,500 km roads in Maha, Gujarat

For Maharashtra and Gujarat, the Union government has sanctioned money for building 3,500 km roads in the two states. In 3,500 km roads to be developed in the two states, Maharashtra's share will be 2,620 km. Ramtek MP Mukul Wasnik had conducted a review meeting of Pradhan Mantri Gramin Sadak Yojana (PMGSY) on July 13. He told the Congress workers in Nagpur that Nagpur would be included in the tenth phase.

Manipur govt mulls to widen all key roads in state

The Manipur government has sent a proposal to the Union government for upgradation of Jiribam-Churachandpur Road and widen all important roads in the state, the State Works Minister Kh Ratankumar said. The Minister was speaking as chief guest at a foundation laying ceremony for an RCC Bridge which is to be constructed over Khuga River to connect Lamjangphai and Thingchom in Churachandpur district on June 6.

States asked to introduce rules to prevent illegal mining

In order to curb irregularities in the mining sector, the section 23C of the MMDR (Mines and Mineral Development and Regulation) Act, 1957 empowers states to frame appropriate rules. The union government asked states to introduce rules under this section to prevent illegal mining, transportation and storage of

Highway developers may get exit option

Cash-strapped highway developers may be permitted by the Union government to exit projects at any stage after financial closure if lenders agree to change the concessionaires at the request of the existing developer. The Surface Transport Ministry feels that this could be a shot in the arm for stalled highway projects since equity released from old projects can be used to develop new ones, and companies with relevant expertise can take over the construction or operation and maintenance of the ex

Govt okays 4-laning of Dimapur-Kohima h'way in Nagaland

The Union government on May 23 approved the 4-laning of Dimapur-Kohima National Highway in Nagaland at a total cost of Rs 1,089.87 crore. The Cabinet Committee on Economic Affairs approved the implementation of the project of 4-laning of the Dimapur-Kohima section from 124.1 km to 172.9 km of NH-39, Finance Minister P Chidambaram said in Delhi. This project is under the special Accelerated Road Development Programme (SARDP-NE) in North Eastern Region, he said.

CM seeks more coal and gas for Andhra Pradesh

Andhra Pradesh Chief Minister N Kiran Kumar Reddy urged the union government to allocate more natural gas and coal in order to run power plants which are operating at low capacity owing to lack of fuel. He made the request for more coal and gas when he met Union Petroleum and Natural Gas Minister M Veerappa Moily, Minister of State Jyotiraditya Scindia and Defence Minister AK Antony recently

Cabinet allows SAIL, RINL to charter ships directly

State-run steel makers SAIL and RINL received approval from the union cabinet to charter ships directly without going through the government's chartering organization TRANSCHART for importing coal and other raw materials. The move would facilitate better control of logistics, shipping and operations of importing coal and other raw material from overseas, a government statement

Govt to rope in firm for sampling imported coal

Unconfirmed reports indicate that the union government plans to invite bids from companies for monitoring quality of coal imported by domestic power plants. It may be recalled that domestic power plants complain about the poor quality of coal being imported from abroad as it leads to rise in carbon emission and also

Centre to allow 100 per cent stake sale in BOT projects

Infrastructure developer IVRCL is going slow on its proposal to monetise three more build, operate and transfer (BOT) projects in the light of expectations that the Union government will soon take a decision to allow 100 per cent stake sale in BOT projects. It is just a matter of procedure. The decision will come soon as everybody, including the NHAI (National Highways Authority of India), is in favour of it, IVRCL Chairman and Managing Director, E Sudhir Reddy, said.

Govt may ease exit norms for road developers

The Union government may relax exit norms for highway developers, a move which will increase mergers and acquisitions in the road construction sector of India. At present, there are limits on the extent to which a lead project developer can exit from a project, with time-based milestones. Relaxation of this norm has been a long-standing demand of developers and the Cabinet may soon take up a proposal in this regard.

Relief expected to road infra majors in paying premiums

The Union government may allow road construction companies, which have taken up highway projects, to restructure the payment of premium amount to be paid to it (the government). Hence infrastructure majors, including L&T, IRB, GVK and GMR, can expect relief in executing highway projects, which they have bagged by quoting high premium - upfront revenue to the government - a year ago.

Kerala opposes development of 5 NHs

The Kerala government is not willing to develop five National Highways (NH) in the state that are included in the National Highway Development Project (NHDP) Phase IVA and imposing toll on them. The State has informed the same to the Union government.

Signs of revival, says ICEMA

As the Union government has recently taken policy initiatives and the Reserve Bank of India (RBI) has reduced interest rates, there are early signs of revival in the infrastructure sector, says the Indian Construction Equipment Manufacturers' Association (ICEMA).

Nod to Rs 7,915 cr road projects in UP, Maha, Gujarat, Haryana

The Union government on March 18 approved Rs 7,915 crore road projects in Uttar Pradesh, Gujarat, Maharashtra and Haryana under its flagship road building programme National Highways Development Project (NHDP). The Cabinet Committee on Economic Affairs (CCEA), in its meeting accorded approval to the four projects to be built under phases III, IV and V on Build, Finance, Operate and Transfer (DBFOT) basis.

Equipment makers see early revival of infra sector

As the Union government has recently taken policy initiative and the Reserve Bank of India (RBI) reduced interest rate, there are early signs of revival in the infrastructure sector, says the Indian Construction Equipment Manufacturers' Association.

Our backhoes are highly fuel-efficient, with the unique Smart UC Hydraulics

Terex Backhoes perform faster while digging and loading at lower operating costs, with durability through quality and tech?nology innovation.These products have been developed in India for the Indian market, says Vijay Sharma, Executive Director, Terex Equipment.

Raising the Benchmark of Quality

With over 220,000 sq m of display area and participation of over 630 exhibitors, including 200 foreign companies, Excon 2011 exceeded expectations as the largest exhibition on construction equipment in South Asia.

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