Search

Powering Construction

Air compressors play a crucial role in construction, maintenance, and repair tasks at infrastructure project sites.

MoRTH revises BOT and TOT agreements to boost private sector investment

The Ministry of Road Transport and Highways (MoRTH) has introduced a number of revisions to the model concession agreements (MCA) for build-operate-transfer (BOT) and tolling, operation, maintenance, and transfer (TOT) projects.

India’s Infrastructure Boom: Air Compressor’s Vital Role

Air compressors are versatile tools that enhance efficiency, safety, and productivity in constructing and maintaining infrastructure, write Ramesh Kumar G.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Breathing Life into Projects

Air compressors are essential in the construction, maintenance, and repair work at infrastructure project sites.

Dana India secures prestigious 'Top Employer 2024' accolade

Recognised for excellence in people strategy and workplace dynamics, learning, and diversity

Breathing Life into Projects

Air compressors are essential in the construction, maintenance, and repair work at infrastructure project sites.

Use of Air Compressors in Infra

Electric and diesel-powered screw air compressors have become indispensable tools in the construction and infrastructure industry, providing a reliable compressed air source for various applications, writes Ramesh Kumar G.

Tata Motors unveils facilities for development of Hydrogen propulsion technologies

Tata Motors unveils facilities for development of Hydrogen propulsion technologies

FCC discusses opportunities in road asset monetisation

Vikas Sharma of EY, and Vijay Agrawal of Equirus Capital spoke about the latest developments in the area of road asset monetisation.

Tata Motors launches technologically advanced range of gensets

Equipped with reliable Tata Motors engines, the generators are available in 25kVA to 125kVA configurations

Electric Construction Machinery on the Rise

Electric machinery often requires less maintenance and has a longer lifespan compared to its diesel counterparts, making them a more cost-effective solution in the long run.

MRF's consolidated net profit for December quarter increased by 17%

Consolidated revenue from operations stood at Rs 56.44 billion.

ADB and EIB to help MahaMetro raise Rs 3,586 cr for Nagpur Metro phase-II

The first phase was funded by France’s AFD and KFW a German agency

Trimble advances towards net-zero future

Trimble, a leader in construction technology, recently released its sustainability report for 2021, which outlines the company's objectives to lower greenhouse gas emissions and achieve a net-zero future.

Tata Motors bags order of 1000 buses from Haryana Roadways

Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has bagged a prestigious order of 1000 buses from Haryana Roadways.

Trimble advances towards net-zero future

Trimble hopes to accelerate efforts to combat climate change

Escorts is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanisation and spreading farming prosperity.

Escorts Limited is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity.

Smart Solutions to Augment Steel Production

The Mobilgrease XHPTM 461 is a part of the Mobilgrease XHPTM 460 Series that has been designed to outperform conventional products by applying high-performance proprietary lithium complex manufacturing technology.

Vedanta to invest $15 bn in semiconductor, display unit ventures

The Vedanta Group, led by Anil Agarwal, is preparing for two individual ventures which may witness investments of around $15 billion in chip and display manufacturing space across the country.

Tata Motors plans to invest Rs 15k cr in EV market

Tata Motors, a leading global automobile manufacturer, is planning to invest Rs 15,000 crore in the electric vehicle (EV) segment over the next five years.

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair-trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts Limited.

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts.

Kubota increases its stake in Escorts

Escorts and Kubota, a global leader in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery.

Success Story: Successful steel operations with superior lubrication solutions

The backbone of industrial operations, India’s steel industry is among the largest in the world. According to estimates by India Brand Equity Foundation (IBEF), the country produced the second highest amount of crude steel in June 2021, and is expected to witness further growth in the days to come.

Kubota increases its stake in Escorts

This partnership with Kubota will enable Escorts to have access to global best practices and state of the art research & development facilities.

7th India Construction Festival

Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.

Success Story: Smart solutions to augment steel production

The Mobilgrease XHP 461 is a part of the Mobilgrease XHP™ 460 Series that has been designed to outperform conventional products by applying high performance proprietary lithium complex manufacturing technology.

GR Infra, Tata Projects, Afcons India's fastest growing large construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Trimble helps remove 7 MMT of greenhouse gas emissions annually

Global construction technology leader Trimble released its 2020 Sustainability Report recently.

Trimble helps remove 7 million metric tonnes of greenhouse gas emissions annually

According to the report’s findings, Trimble’s solutions contribute to fuel savings around the world that are equivalent to an estimated reduction of 7 million metric tons in greenhouse gas emissions.

Srei receives EoI for $250 mn capital infusion from international PE funds

Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

Srei receives EoI for capital infusion from Cerberus

The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.

CW Maharashtra mega virtual conference focuses on opportunities

Platform at unprecedented scale to attract the biggest names

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s (NHAI) fully-owned special purpose vehicle (SPV), DME Developers (DMEL), has received AAA rating from CRISIL, CARE and India Ratings. The SPV is executing the Delhi-Mumbai expressway project.

Srei Equipment receives EoI for $250 mn capital infusion from international PE funds

The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

Srei forms Strategic Coordination Committee for raising fresh capital

The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.

Delhi Mumbai expressway SPV gets ‘AAA’ rating

The National Highways Authority of India’s fully owned Special Purpose Vehicle (SPV), DME Developers Ltd. (DMEL), has received AAA rating from CRISIL, CARE and India Rating.

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

New Bobcat partnership points to future autonomous machines

With an eye toward developing radar sensor systems, Doosan Bobcat North America says it has formed a strategic equity investment with Lawrence, Kansas-based Ainstein AI, a startup radar technologies company.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Welspun One to set up 110-acre warehousing project in Bhiwandi

Designed to global standards and Green Building Certification requirements, the project is positioned to become a key asset in the hub of Mumbai’s warehousing market.

Messe Düsseldorf President & CEO retires

After almost 17 years as a President & CEO – and serving the company for about 34 years – Werner M Dornscheidt retired from his office on June 30, 2020. “Trade fairs are my life,” said the outgoing CEO. “What we have built up together with my team over all those years benefits the company today.

Messe Düsseldorf President & CEO retires

After almost 17 years as a President & CEO – and serving the company for about 34 years – Werner M Dornscheidt will now resign from his office on June 30, 2020

Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL

Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity

Sonia Gandhi appeals to PM Modi

The construction industry employs 30 million people, more than the population of Australia or Malaysia; yet only 4 per cent of the current 32 million workers are skilled.

Kubota to invest in Escorts, to deepen partnership

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake in Escorts, a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.

Government plans to set up 13th major port

The Union Cabinet has given its "in-principle" approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.

Govt to set up 13th major port

The Union Cabinet has given its ?in-principle? approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.

Budget 2020: Key takeaways for infrastructure

Tax concessions extended to sovereign and pension funds will go a long way in attracting long term financing solutions for infrastructure sector, says Sandeep Upadhyay, Managing Director ? Infrastructure, Centrum Capital.

Auto Expo 2020-Components gets an overwhelming response

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers announced the 15th edition of Auto Expo 2020 Components, themed ?Technovation - Discover Innovations for Future?.

Linnhoff India renamed to Ardent Maschinfabrik

Nearly seven years after the asphalt mixing plant manufacturer Linnhoff India ran its operations successfully, the corporation changed its corporate name to Ardent Maschinfabrik Pvt Ltd with effect from December 26, 2019.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

Revenue growth to halve for EPC road cos through FY21: CRISIL

Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

IRB Infra to commence Vadodara highway project soon

VK-1 Expressway, a wholly-owned subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers has received an appointed date from the National Highways Authority of India (NHAI) for 23.740 km long Padra (Kim)-Vadodara hybrid annuity project, which is part of the upcoming Vadodara-Mumbai expressway.

Access Hire Middle East invests in JLG machines

Access Hire Middle East, a wholly owned subsidiary of Access Group Australia, has taken delivery of 73 JLG boom lifts with a further 34 on order that will be available for rent from its location in Dubai.

Srei reports steep profit growth in Q1

Srei Infrastructure Finance (Srei) has reported a consolidated profit after tax (PAT) of Rs 139.55 crore during the quarter ended June 30, 2018 as compared to Rs 65.15 crore during the corresponding quarter of 2017.

All women crew waves BKT flag on Mount Everest

An enthusiastic group of five women across India in association with Balkrishna Industries Ltd (BKT) scaled the Mount Everest (Sagarmatha) on June 4, 2018.

bauma CONEXPO bullish on Indian CE market

With the upward trend in the Indian construction machinery market continues, bauma CONEXPO INDIA is preparing for a vibrant event this year.

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.

AxleTech expands executive leadership team

AxleTech, a leading powertrain technology company for heavy-duty vehicles, announced two new additions to its executive leadership team. Rick Larkin joins AxleTech as Chief Financial Officer, overseeing accounting, treasury, tax, and strategic financial planning and reporting.

Warehousing space leasing rockets by 85 per cent across key Indian markets

Knight Frank India launched the third edition of its flagship India Warehousing Market Report 2018. The report unravels the present scenario of the Indian logistics sector along with providing a definitive view on the country?s top warehousing markets, which include Mumbai, NCR, Bengaluru, Chennai, Pune, Hyderabad and Ahmedabad.

Mahindra Logistics opens its largest multi-user facility near Pune

Embassy Industrial Parks, a joint venture between Embassy Group, India?s leading property developer and Warburg Pincus, a leading global private equity player, has signed Mahindra Logistics, one of the leading 3PL logistics firms in the country, as its client in their project based in Chakan, Pune.

GVK inks pact for Navi Mumbai airport project

GVK Power & Infrastructure Ltd (GVKPIL) has signed a concession agreement for the Rs 16,000-crore Navi Mumbai International Airport project. The agreement has been signed through a special purpose vehicle, Navi Mumbai International Airport Pvt Ltd, with CIDCO, the nodal authority for implementation of the project.

We expect Excon to be more vibrant and industry-specific

With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.

Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

Orolia forms strategic alliance with Satelles Inc

Orolia, the worldwide leader in Resilient Positioning, Navigation and Timing (PNT) solutions, has formed a strategic alliance, including an equity investment, with Satelles Inc to develop, market and sell PNT solutions based on Satelles? Satellite Time and Location (STL) signal technology.

Disruptive Concrete Equipment Technologies Emerging

Off late, there have been numerous disruptive technologies and equipment concepts introduced to Indian markets. Earlier most of these were only available to highly developed countries like USA or European Union where mechanisation and process integration has been of essence, to counter act lack of adequate manpower.

We have launched five important products in all categories

KYB-Conmat caters to concrete production, concrete conveying, concrete transportation, concrete pumping, concrete laying and building construction.

Caterpillar Chairman & CEO to retire in 2017

Doug Oberhelman has announced his retirement as Chairman and CEO of Caterpillar, after 41 years of service. Oberhelman led Caterpiller to its highest sales and revenue peak in 2012.

Warehousing to attract up to Rs 15,000 crore investment

The warehousing sector, which is likely to grow at 9-11 per cent every year, private equity players are keen on tapping the opportunity and expect investments up to Rs 15,000 crore per annum.

Warehousing to attract up to Rs 15,000 crore investment every year

The warehousing sector, which is likely to grow at 9-11 per cent every year, private equity players are keen on tapping the opportunity and expect investments up to Rs 15,000 crore per annum. According to HDFC Realty, warehousing industry has recently seen a sharp growth in demand primarily driven by new age e-commerce industry and growth in organised retail which are leveraging technology in their supply chain to optimise costs.

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.

A seasoned leader

Mansi Madan Tripathy is a seasoned business leader with an experience of over 17 years in marketing strategy and brand building.

Compact Road Equipment Market to Grow

Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.

Going Green in MHE

Indian warehousing and logistics sector is booming. JLL India reports that the warehousing and logistics sector in the country received a whopping investment of Rs 1,438 crore through two major deals in 2015.

GPPL outperforms market

While the equity markets have been dull in the past three months, Gujarat Pipavav Port Ltd (GPPL) has gained eight per cent.

Highway projects still under execution risks

A Crisil analysis of 92 highway projects being constructed under the build, operate, transfer (BOT) model shows that around half of them are facing implementation risks because of delays in land acquisition and other clearances, and weak wherewithal of sponsors.

JK Tyre buys Kesoram unit

JK Tyre and JK Asia Pacific Singapore Pte Ltd, a wholly owned subsidiary of JK Tyre, have signed a binding term sheet with Kesoram Industries Ltd (KIL)

Transforming Rural Youths? Future

Started with a mission to provide vocational training for the skills in the construction industry to unemployed youths in the rural area, Pipal Tree Ventures Pvt Ltd (PTVPL) has come a long way since its inception.

Komatsu builds new factory for hydraulic excavators

Tetsuji Ohashi, President and CEO, Komatsu Ltd held the opening ceremony of a new factory for hydraulic excavators at Komatsu India Pvt. Ltd. (KIPL)

Accessing Heights, Safely

As the access equipment industry matures in India and users become more aware on the advantages of using such equipment over conventional practices of working at heights, the rental sector in India is poised for a very bright and promising future.

A strategic person

Rajinder Raina has more than 34 years of experience in various domains of the industry. A BE (Mech) and MBA, he has widely travelled for technical collaborations and strategic alliances.

CNH Industrial named Industry Leader in DJSI

The Dow Jones Sustainability Indices (DJSI), World and Europe, has named CNH Industrial as Industry Leader for 2014.

APG and PEL alliance to invest $1 billion

Piramal Enterprises Ltd (PEL) and APG Asset Management strategic alliance recently announced a target investment of $1 billion. PEL and APG have each initially committed $375 million for investments under the strategic alliance.

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Bridging the Gap: APG and PIL Alliance to Invest US$ 1 billion

According to Jayesh Desai, Co-Head of Structured Investment Group (SIG), Piramal Enterprises Limited over USD 150 billion of equity and mezzanine funding is required to meet government target investment of USD 1 trillion until 2017;

Steps Initiated to Re-invigorate the Mining Sector

Union Minister of Steel, Mines and Labour & Employment Narendra Singh Tomar, has initiated steps to find ?expeditious and acceptable solutions? to the mining issues confronting the country.

KIOCL, NMDC and RINL decides to build 13 MTPA slurry pipeline between Nagarnar and Vizag

Steel majors KIOCL, NMDC and RINL have decided to set up a 13 MTPA slurry pipeline between Nagarnar and Vizag for carrying iron ore with Rs 3,500 crore investment. MoU has already been inked between them for setting up a JV in which KIOCL will hold a 48 per cent stake. NMDC and Rashtriya Ispat Nigam Ltd will hold 26 per cent each.

Growth comeback a far cry?

The HSBC India Purchasing Managers' Index (PMI) for April 2014 was at 51.3, unchanged from the previous month. The PMI is based on data from monthly survey of purchasing executives in over 500 manufacturing companies. What the PMI fails to reflect is the growth in new orders in the month of April. This may not point at a pick up in demand, or the return of growth.

Steel PSUs sign pact for Rs 3,500 cr slurry pipeline

Steel majors KIOCL, NMDC and RINL have decided to set up a 13 MTPA slurry pipeline between Nagarnar and Vizag for carrying iron ore with Rs 3500 crore investment. MoU has already been inked between them for setting up a joint venture in which Kudremukh Iron Ore Company (KIOCL) will hold a 48 per cent stake. NMDC and Rashtriya Ispat Nigam Ltd will hold 26 per cent each. International technology / equity partner may be roped in to join the project at a later stage. The slurry pipeline will be used

NTPC gearing up to acquire coal based power assets

NTPC Ltd is eyeing seven coal-based power plants with a combined capacity of 2,000 MW for acquisition. NTPC Chairman and Managing Director Arup Road Chowdhury has said, they are looking at acquiring those coal based power assets

SEFC to raise `200 crore

Shriram Equipment Finance Company (SEFC) is planning to raise about Rs 150-200 crore from private equity (PE) investors and rope in strategic investors. Umesh Revankar, Managing Director of Shriram Transport Finance, said the company is expected to grow at a compounded annual rate of 15 per cent.

Year End Review of Ministry of Coal

Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with Power Sector and setting of Coal regulator approved. Under the bidding policy, seventeen coal blocks allotted to the Government Companies and thirty eight coal blocks brought under production.

GVK, Aurizon tie-up to build Australia rail link

To develop a rail line and a new coal terminal jointly in Australia, GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) and Aurizon Holdings of Australia have reached an agreement. The two projects are to come up at the Abbot Point Port to unlock the Galilee Basin?s coal resources in Australia.

Odisha plans rail corridor for Rampia coal block

The Odisha government has decided to develop rail corridor facility in the Rampia coal block on the lines of the already planned common rail corridor for the Angul-Talcher-Chhendipada belt. The common rail corridor is proposed to be developed with equity participation from Odisha Industrial Infrastructure Development Corporation (Idco) and Mahanadi Coalfields (MCL).

Digital Edition