Search
Liebherr: 2022 business year with new record turnover
Compared to the previous year, the company recorded a turnover growth of Euro 950 mn
JK Tyre to invest Rs 9 bn over two years for expansion
JK Tyre & Industries will invest Rs 9 billion in capacity expansion over the next two years.
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.
Eyeing new heights
The year 2021 gave numerous ups and downs for the construction equipment and equipment financing industries. When the year comes to an end, the sectors look forth towards infrastructure as the ‘Growth Puller’ for the period ahead.
Construction sector: A huge contributor to country's development initiatives
Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.
Construction sector: A huge contributor to country's fast-paced development initiatives
Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.
Covid-19 has expedited the transition from manual processes to automated systems”
The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.
Volvo & BBMP set up a 100-bed Covid care centre in Bengaluru
The facility will commence operations in two phases. The phase I (comprising 40 beds) fully sponsored by Volvo Group and supported by another Swedish major IKEA India, was inaugurated recently, by the Honourable Chief Minister BS Yediyurappa
Beating Covid-19
The second wave of Covid-19 pandemic brought us to a complete standstill. However, several companies have rose to the occasion and have come forward to help hospitals treating Covid-19 patients by supplying medical oxygen.
One year of lockdown: Real estate sector beating pandemic blues
For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.
YoY demand for concrete equipment will be at 20-25% in today’s scenario
Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.
India continues to be an important market for us
Since 1958, Putzmeister has been global leaders in the world of construction and mining. The company develops, produces, sells and serves its customers with high quality and high reliability machines for pumping, distributing and placing concrete, mortar and high-density solids, and for preparing, temporarily storing, processing and transporting these materials.
Liebherr achieves over Euro 10 bn in annual turnover
Despite the modest slowdown of the global economy, Liebherr registered a strong volume of orders in the first quarter of 2020. Starting at the end of the first quarter, the coronavirus pandemic began to affect business activities in many markets.
Liebherr achieves over Euro 10 bn in annual turnover
In 2020, the Liebherr Group achieved a turnover of Euro 10,341 million. Compared to the previous year, the company posted a decline of Euro 1,409 million, or 12%.
Demand diversity in CE sector
Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.
Light at the End of the Tunnel
Tunnels seem to be coming up in metropolitan and remote areas alike, so TBMs and other equipment should be in demand. How is the industry gearing up?
More than 2,800 exhibitors to participate in bauma CHINA
Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC).
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
Seeking Light at, the End of the Tunnel!
Prime Minister Narendra Modi is all set to inaugurate the world’s longest railway tunnel above 10,000 feet height on October 3. The Atal Tunnel is being completed at the most difficult time of coronavirus pandemic.
GDP growth to contract by 20 per cent for Q1FY21: CARE Ratings
Taking cognizance of the adverse impact of the lockdown, CARE Ratings is expecting the real GDP growth at -20 per cent year-on-year (YoY) for Q1 FY21.
bauma CONEXPO INDIA postponed to April 2021
The event will now take place from 20 to 23 April 2021 at the India Expo Centre (IEC), Greater Noida
Financing Challenges
Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.
Ritchie Bros. eases cash flow for equipment owners
Ritchie Bros. is supporting equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow
Volvo supports healthcare professionals and police personnel
As the ongoing coronavirus pandemic continues to create unprecedented crisis in India, Volvo Group India has joined forces with the Government of Karnataka to control the transmission of this disease.
JCB India joins battle against coronavirus
JCB India has partnered with Asian Institute of Medical Sciences, Faridabad to support the fight against COVID 19. This project will be partially funded through JCB India's CSR initiative.
SDLG reopens factory following coronavirus pandemic
Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.
Our vision of ‘Always Better’ goes beyond traditional thinking
With business in more than 120 countries and direct presence in 28 countries, Elgi Equipments is consolidating its presence in global market with innovative products and services.
We will be introducing more models in near future
The market size of the foundation equipment is estimated to see a drop this year. However, from the second half of 2021 till next 3-4 years, it is likely to grow substantially.
Covid-19 Challenges Revival
The lockdown in the country has entered its third stage on May 4, 2020 in view of the deadly coronavirus pandemic continuing its grip on the country even after the six-week lockdown in two stages.
Building confidence
The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.
It can take 3-6 months to get back to a smooth industrial activity
At a time when the industry is going through tough conditions, Putzmeister is taking important steps to support its customers.
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.
Can India be an alternate manufacturing base?
Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.
Volvo Trucks? dealer develops innovative face shields for Covid-19 frontline warriors
As India fights the coronavirus pandemic, a Volvo Trucks dealer has developed a simple and cost-effective face shield with his team, for the protection of the frontline warriors of COVID-19.
SDLG reopens factory following Coronavirus pandemic
Top SDLG executives visited its factory in Linyi, China, to monitor measures put in place to ensure the safety and health of its employees amidst COVID-19.
Eicher Group pledges support to fight COVID 19 pandemic
Eicher Group has pledged its commitment and contribution towards aid for the unprecedented crisis caused due to the Coronavirus pandemic outbreak in India.
Grading the Future
The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.
Zoomlion launches 'Cloud Marketing' initiative
Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new "Cloud Marketing" model in response to the coronavirus outbreak world over.
Volvo Group India supports healthcare professionals and police personnel
As the ongoing coronavirus pandemic continues to create unprecedented crisis in India, Volvo Group India has joined forces with the Government of Karnataka to control the transmission of this disease.
Bracing for Future Opportunities
The engine is the heart of a vehicle or an equipment. So, engines play an important role in the successful operations of the equipment.
Engineering Growth
The growth prospects of off-highway diesel engines market is obvious in the coming years as the infrastructure equipment will play a major role in the infrastructure creation in the country.
Paving to Perfection
The projects planned in roads, highways and expressways under the National Infrastructure Pipeline for the next five years will drive the demand for pavers during the period.
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.
JCB joins the battle against coronavirus in India
JCB India has partnered with Asian Institute of Medical Sciences, Faridabad to support the fight against COVID 19. This project will be partially funded through JCB India?s CSR initiative.
SAMIL introduces online vehicle trading platform
Shriram Automall India (SAMIL) has been prompted by the COVID 19 impact to shift to customer-friendly digital solutions including the launch of online vehicle trading platform, MySAMIL app to win over the business threat during India lockdown.
COVID 19 Impact
With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.
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.
bauma CTT RUSSIA postponed to Sep 8-11, 2020
Following the directives of the Government of the city and region of Moscow to prevent and control the novel coronavirus disease (Covid-19) from spreading, Messe M?nchen postponed bauma CTT RUSSIA, which was planned to take place in May.
Zoomlion launches ?Cloud Marketing? initiative
Zoomlion Heavy Industry Science and Technology Co has taken its offline marketing online with the launch of a new ?Cloud Marketing? model in response to the coronavirus outbreak.
Make in Steel 2020
Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.
Braving challenges
With this March marking the closure of another financial year in the country, the world economy is reeling under a host of issues ranging from the slowdown that hit the market for more than a year to the coronavirus scare.
SDLG excavators support Wuhan?s hospital build
Four SDLG excavators ? three E660FL and an E6500F ? helped expedite construction of two hospitals in Wuhan, China, as part of the government?s effort to treat patients with coronavirus infections and ease the shortage of hospital beds.