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Budget 2024: Key highlights

Key highlights of Interim Budget 2024

How does the diesel engine help us today

Whether keeping farms powered or fuelling massive mining equipment, advanced diesel engines are reducing emissions without sacrificing productivity.

CNH celebrates 25 years of New Holland in India

The brand has been at the forefront of introducing cutting-edge technological advancements

Avoid Tunnel Vision Syndrome

The Uttarkashi Tunnel Collapse signals the risk to our Rs 100 trillion infrastructure investment says PRATAP PADODE

CNH pledges to empower Indian young people

CNH Industrial, a global leader in agricultural and construction equipment, reaffirms its commitment to prioritise skill development and education as key drivers for sustainable growth on Youth Skills Day (July 15th).

CNH pledges to empower Indian young people

The company has introduced comprehensive training programmes

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

Technology penetration in mine planning is still lower in India

Arun Misra, CEO, Hindustan Zinc, speaks on the challenges facing in the mining equipment market in India, and the ways to address them.

New mining machinery are driving demand for all-steel radial tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.

L&T Finance launches Warehouse Receipt Financing

L&T Finance (LTF), a subsidiary of L&T Finance Holdings and one of the leading non-banking financial companies, has launched Warehouse Receipt Financing (WRF), a first-of-its-kind digitally assisted journey for loan facilities against agri-commodities

Technology and social impact drive John Deere’s 25-year success in India

John Deere continues to innovate, invest, and leverage manufacturing, talent, and India’s supply chain to serve farmers in India and around the world – all designed to enhance farm productivity through technologically advanced products and services.

Technology drives John Deere’s 25-year success in India

Over its 25 years, John Deere has shown significant commitment to investment in manufacturing and product development in India

CNH Industrial takes controlling stake in Bennamann

This move boosts CNH's leading position and portfolio in alternative fuels for the agriculture industry.

L&T Finance launches Warehouse Receipt Financing

Launch of Warehouse Receipt Financing in a digitally-assisted journey for the first time in India

Technology and Social impact drives John Deere’s 25-year success in India

John Deere continues to innovate, invest, and leverage manufacturing, talent, and India’s supply chain to serve farmers in India and around the world

Titan Machinery announces acquisition of Idaho dealerships

Titan Machinery, a leading network of full-service agricultural and construction equipment stores, today announced that it has entered into a definitive purchase agreement to acquire the Idaho dealership assets of Pioneer Farm Equipment Co. (“Pioneer”).

JCB wins big at Equipment India Awards 2022

JCB India bagged three awards during the 10th BKT Tires Equipment India Awards 2022

Kirloskar Brothers showcases new-gen energy-efficient pumps

Pune-based Kirloskar Brothers (KBL), the flagship company of the $2.5 billion Kirloskar Group, announced that it has showcased a series of new generation energy-efficient pumps for the benefit of farmers. The pump range was showcased at Kisan Mela 2022, India’s largest Agri fair in Pune.

Kirloskar Brothers showcases new-gen energy-efficient pumps

Pune-based Kirloskar Brothers (KBL), the flagship company of the $2.5 billion Kirloskar Group, announced that it has showcased a series of new generation energy-efficient pumps for the benefit of farmers.

SANY steps up CSR activities, supplies excavator for pond construction

Pabal, a village near Pune, known to be a drought prone area will soon have sufficient water supply for farming and other activities thanks to the pond construction work undertaken by Sany India.

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.

SANY steps up CSR activities, supplies excavator for pond construction

Pabal, a village near Pune, known to be a drought prone area will soon have sufficient water supply for farming and other activities thanks to the pond construction work undertaken by Sany India.

SANY steps up CSR activities, supplies excavator for pond construction

Ensures adequate water supply to Pabal, a drought prone village near Pune

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.

Volvo CE introduces 3 new construction BEVs

Roads and highways sector is considered to be the most vibrant infrastructure segment where a lot of activities ongoing consistently for a long time.

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.

Tata Motors, CSC join hands to widen reach in rural India

Tata Motors, India’s largest commercial vehicle manufacturer, announced the signing of Memorandum of Understanding (MoU) with Common Service Centre Scheme (CSC) e-Governance Services India Limited, in a collaborative effort to bring Tata Motors commercial vehicles to rural customers, across India.

Tata Motors, CSC join hands to widen reach in rural India

Ministry of Electronics and IT’s wide network will enable ease in buying of commercial vehicles, under Digital India programme

Escorts Ltd. announces Covid-relief measures for its customers

In order to support the farming community amidst the second wave of Covid-19, Escorts Limited, India’s leading engineering conglomerate, announced Covid-19 relief measures for its customers across India which include Covid support to cover expenses in case of hospitalisation and home treatment expenses.

Caterpillar: Celebrating 96 years

We’ve changed together as the world has changed: creating, building, problem solving, innovating, testing, servicing and improving.

Shriram Automall – the Power of Choice for Construction Equipment

Shriram Automall India (SAMIL), an ISO 9001:2015 certified company, is India’s first-ever service provider to offer a well-organised and transparent platform for the exchange of pre-owned vehicles and equipment.

AJAX ARGO model’s mantra is ‘maximum productivity for your investment’

“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering

Mahindra’s tractor sales post 28 per cent growth in July 2020

Mahindra & Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for July 2020.

We focus on off-highway sector and want to grow with this

Balkrishna Industries (BKT) is a homegrown multinational player with a strong presence in the off-highway tyres globally. With the Indian market growing faster, the company is gradually increasing its sales in India which otherwise is majorly focusing on export market. Rajiv Poddar, Joint Managing Director, BKT shares more on the company and the market scenario.

Mahindra launches Sarpanch Plus tractor series in Maharashtrasolution

Mahindra’s Farm Equipment Sector recently introduced its new Sarpanch Plus range of tractors in Maharashtra, the 575 Sarpanch Plus, an upgrade of its popular 575 Sarpanch. The new series offers models spanning multiple HP-points in the 30 HP (22.37kW) to 50 HP (37.28kW) category.

Mahindra launches Sarpanch Plus tractor series in Maharashtra

Mahindra’s Farm Equipment Sector recently introduced its new Sarpanch Plus range of tractors in Maharashtra, the 575 Sarpanch Plus, an upgrade of its popular 575 Sarpanch

OTR Tyre Market Insights

The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.

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.

Tata Projects bags Rs 6 bn refinery contract

Tata Projects has received multiple mega orders in the oil and gas refinery sector with combined value totaling more than Rs 6 billion from HPCL Rajasthan Refinery (HRRL) and Bharat Petroleum Corporation (BPCL).

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Serving Local Community

Water scarcity and water inequality is one of the major concerns affecting India's overall development.

TAFE appoints new CEO

TAFE announced the appointment of Sandeep Sinha as CEO. He joins TAFE with a successful track record spanning over two decades of global and domestic industry experience.

Akshay Kumar to promote Massey Ferguson tractors

Tractors and Farm Equipment (TAFE), the third largest tractor manufacturer in the world and the second largest in India (by volumes), has announced a brand association with actor Akshay Kumar for Massey Ferguson tractors.

Mahindra first Indian brand to roll out 3 million tractors

Mahindra & Mahindra announced that it had become the first Indian tractor brand to roll out three million tractors. Mahindra is currently the world?s largest farm tractor manufacturer by volume and India?s leading tractor manufacturer for over three decades.

Autonomous farming solutions from escorts

At its annual innovation platform, Esclusive 2018, Escorts announced its automated farming solutions with the launch of India's first automated concept tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming.

SDLG's new wheel loader

At the largest agricultural event of Australia, AgQuip, SDLG unveiled the L958F wheel loader to over 100,000 attendees.

Escorts announces new ventures

In late August, Escorts announced plans to manufacture rough terrain (RT) and truck-mounted cranes in joint venture (JV) with Tadano Ltd.

SDLG launches L958F wheel loader in Australia

At the largest agricultural event of Australia, AgQuip, SDLG unveiled the L958F wheel loader to over 100,000 attendees. Replacing the older 5 t-rated LG958L, the L958F will support various construction activities, including material handling, land clearing and general earthmoving, according to the company.

Escorts launches Autonomous Farming Solutions

At its annual innovation platform, Esclusive 2018, Escorts Limited announced its Automated Farming Solutions with the launch of India?s first Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming

Swaraj Division launches Mobile App for customer connect

Swaraj Division, a part of the Mahindra Group, launched its new ?Mera Swaraj App? to enhance its connection with customers (farmers).

Escorts appoints Nikhil Nanda as new CMD

The Board of Directors of Escorts Limited appointed Nikhil Nanda as the Chairman and Managing Director (CMD) of the company.

Mahindra launches Novo 65 HP & 75 HP tractors

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced the launch of Novo 65 HP and 75 HP tractors. This range of Mahindra Novo tractors is technologically most advanced and stylishly designed, according to the company.

New Tractor Series from Escorts

Escorts launched India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

Swaraj Tractors introduces new tractor series

Swaraj Tractors, a part of the Mahindra Group, launched an all new tractor platform in the high power category, ranging from 60 HP to 75 HP.

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.

India's First Driverless tractor

Mahindra & Mahindra Ltd displayed its first-ever driverless tractor, developed at the Mahindra Research Valley, the Group's hub of innovation and technology located in Chennai. With this launch, Mahindra becomes the pioneer in the Indian tractor industry with the unique proposition of a driverless tractor, according to the company.

New Escorts Tractor Series

India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 global distributors.

M&M acquires Turkish tractor brand

Mahindra & Mahindra Ltd (M&M Ltd) announced its second foray into Turkey through the acquisition of Erkunt Traktor Sanayii A.S. (Erkunt), the fourth largest tractor brand in Turkey. This transaction is expected to close by the last quarter of calendar year 2017.

Escorts unveils India?s first electric tractor concept

Escorts Ltd launched India?s first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

TAFE launches hiring App

The Tractors and Farm Equipment Ltd (TAFE) has announced the launch of ?JFarm Services App?, a mobile app-based aggregator platform which facilitates hiring of tractors and modern farm machinery for farmers in Rajasthan, at the Global Rajasthan Agritech Meet (GRAM), Kota.

Sonalika ITL posts 26.9percent growth in Feb

Sonalika International Tractors made a remarkable progress by registering a whopping 26.9 per cent growth, with a market share of 13 per cent, this February. The company sold 5,549 units, combining both domestic and exports sales against a figure of 4,372 units, sold in February 2016.

A Constructive Budget

The construction equipment segment in India has something to cheer about from the Budget measures such as more fund allocation to rural roads and highways construction, and announcement of infrastructure status to affordable housing.

Sonalika ITL posts 26.9percent growth in February

Sonalika International Tractors made a remarkable progress by registering a whopping 26.9 per cent growth, with a market share of 13 per cent, this February. The company sold 5,549 units, combining both domestic and exports sales against a figure of 4,372 units, sold in February 2016.

Budget Reactions | Finolex Industries

Budget 2017 has rightly provided the much-needed focus on farmers and affordable housing. Good initiatives like increased fund corpus with NABARD, higher availability of credit to farmers, affordable housing getting infrastructure status, refinancing by National Housing Board, construction of one crore houses for the homeless, an augmentation in sanitation coverage and provision for safe drinking water in villages, higher spending on infrastructure and in rural areas, will give the requisite boo

Budget Reaction | Kotak Mahindra Bank

There was a lot of anticipation and apprehension about Budget 2017. There was enough to satisfy those anticipating, and relief for those who were apprehensive. The big push to expenditure for farmers, rural sector, affordable housing and infrastructure will give a fillip to growth and employment.

Budget Reactions | Dalmia Bharat

It is a positive and decisive budget coming especially against the backdrop of the government?s boldest measure of demonetisation. The Finance Minister has spelled out a forward-looking regimen for the infrastructure sector with a total allocation of up to Rs 3.96 trillion.

We are thankful to our customers for their blessings

The production of self-loading mixer has started over the past two months. The numbers are increasing rapidly as our customers have accepted the products. We do not want to miss this opportunity and we have to create a new facility quickly. Presently, managing their production within the existing factory is a big challenge.

Prime Minster launches Rs 12,000-cr irrigation project

Prime Minister Narendra Modi has inaugurated the first phase of Saurashtra Narmada Avataran Irrigation Yojana (SAUNI).

Mahindra launches hiring centre for tractor rentals

Mahindra?s Farm Equipment Sector (FES) launched its first custom hiring centre for farm equipment rental business under its TRRINGO initiative.

Mahindra launches hiring centre for tractor rentals

Mahindra's Farm Equipment Sector (FES) launched its first custom hiring centre for farm equipment rental business under its TRRINGO initiative. Aiming at bringing in new age digital technology to the tractor rental business, TRRINGO is expected to significantly increase the reach of farm mechanisation.

IFFCO takes delivery of Liebherr LR 1400/2 crane

Indian Farmers Fertilizer Co-operative Limited (IFFCO) bought a Liebherr LR1400/2, 400 tonne capacity crawler crane for its Kalol unit.

Haymaking Operations Made Comfortable

The tyre range for harvesters and spreaders introduced by BKT makes modern farmers? work comfortable and constantly improves productivity. BKT has specifically designed and developed various tyre ranges for haymaking operations: from hay harvesting to transportation.

On Cloud 7, Moving to 9!

The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.

Budget spells fiscal discipline

Finance Minister, Arun Jaitley, presented the Union Budget 2016-17, explaining the backdrop of global economy slowdown from 3.4 per cent in 2014 to 3.1 per cent in 2015; battered financial markets and contracted global trade.

Sonalika launches next generation tractors

Sonalika International Tractors launched the new revolutionary DI 750III tractor under Heavy Duty Mileage (HDM) series offering unmatched combination of power, mileage and speed. The tractor in 55 hp range, with advanced features and stunning look is for farmers looking for long lasting heavy duty usage

Farmtrac showroom opened in Cambodia

Escorts along with Tata International, its Cambodian business partners for tractors, launched their exclusive Farmtrac showroom in Kampong Thom Province, Cambodia.

New Holland Fiat India signs MoU with Madhya Pradesh

New Holland Fiat India, a subsidiary of CNH Industrial, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for establishing new training centre in the state and providing innovative products for mechanisation of sugarcane harvesting, cotton mechanisation, corn mechanisation and biomass management.

We are developing new products to tap the emerging opportunities

WE do not see growth returning anywhere before December 2014. A good growth, we feel, will emerge by mid-2015,? says Satnam Singh, Proprietor, Strongarms Hydraulics India. Excerpts from the interview...

Farm Implements on Fast Growth Track

INDIA ranks second in farm output worldwide. Agriculture and allied sectors like forestry, logging and fishing accounted for 17 per cent of the GDP in 2012. Rising costs and scarcity of manpower

We plan to customise products for our Indian customers.

In China, XCMG is the market leader in wheel loaders, with a yearly output of 40,000 wheel loaders from its recently set up facility. We can make available any model the customer wants, right from 1 tonne to 12 tonne class, says H V Kulkarni, Director - Marketing, XCMG Machinery (India). Excerpts of the interview.

German farm equipment firm to launch products

German farm equipment manufacturer Lemken is looking to double its sales to 1,000 pieces of farm equipment this year. The company, which currently sells, ploughs is set to launch farm equipment from harrows to sub-soilers. Lemken India Agro Equipment, a hundred per cent owned subsidiary of Lemken GmbH, is currently targeting progressive farmers.

We are committed to supporting more customers and agri-business sector in India.

New Holland, a world leading agricultural equipment brand and a part of CNH Industrial after the recent merger of CNH Global and Fiat Industrial, offers the widest range of tractors and farm machinery to suit the needs of every farmer and contractor. It is one of the most awarded brands for ground-breaking and accessible technology which improves farming efficiency and productivity. Its local base, New Holland Fiat India (NHFI), currently offers technologically superior range of 32 HP to 90 HP t

Inspiring innovations

The third EIMA Agrimach India provided the major agriculture markets of India numerous opportunities to explore the latest solutions and technologies in the agri-equipment segment. A report.The third international exhibition and conference on agricultural machinery and equipment.

John Deere Launches Smaller Sugarcane Harvester

John Deere India has launched the Sugarcane Harvester CH 330, specifically designed to excel in Indian farming conditions.John Deere India, a subsidiary of Deere & Company, USA, recently launched the sugarcane harvester CH 330 specifically designed to excel in Indian farming conditions

German farm equipment firms to launch products

German farm equipment manufacturer Lemken is looking to double its sales to 1,000 pieces of farm equipment by next year. The company, which currently sells, ploughs is set to launch farm equipment from harrows to sub-soilers. Lemken India Agro Equipment, a hundred per cent owned subsidiary of Lemken GmbH, is currently targeting progressive farmers. Its production facility set up in 2012 at Nagpur in Maharashtra has a capacity to manufacture 3000 farm equipments.

Maschio Gaspardo to invest Rs 300 cr in Pune

Italy-based Maschio Gaspardo's (MG) Indian subsidiary, Maschio Gaspardo India (MGIPL) plans to invest Rs 300 crore in their Ranjangaon plant, near Pune in Maharashtra to farming instruments like tillers.The Italy company is specialised in the production of several agricultural machinery.

Volvo to the rescue

When one speaks of farming, the picture immediately created is that of acres of verdant and lush landscapes brimming with life. But if you had to drive to the eastern regions of Maharashtra a couple years ago, you would have found it to be dry, arid and infertile land.

Murugappa Group to launch farm equipment

The Chennai-based Murugappa Group plans to launch own farm equipment to be sold through its agriculture retail chain, Mana Gromor. The company is in talks with two Japanese companies to source the technology, according to a senior company official.

Noida farmers agree to give land for 8-lane link road

Greater Noida Authority has said that farmers of Devla and Khodna Khurd villages have agreed to part with their land for the eight-lane Noida-Greater Noida link road. The Authority said that the 130 m link road will be ready by July. The Authority will soon begin taking over the land whose acquisition was quashed by Allahabad high court on October 21, 2011.

Earthmoving Equipment

Owing to the overall slowdown in the Indian economy, the current fiscal year has been bit sluggish for the construction equipment industry. The industry will gain momentum if the government starts implementing the delayed projects and carries out active review and monitoring to ensure timely completion.

Elecon wins two orders

Elecon Engineering Company announced that their Material Handling Equipment Division has procured two orders. The company received order worth Rs 16.30 crore from Indian Farmers Fertilizer Cooperative (Iffco) for supply, erection and

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.

STILL NUMBER ONE!

The sales forecast for backhoes by Off-Highway Research is pegged at a target of 36,000 units by 2015, up from 30,000 in 2011, whereas for the crawler excavator alone, the forecast is 35,000 units, up from the 2011 figure of 14,500.There is the school of thought that points to the visible drift from the backhoe market towards the wheel loaders market.

John Deere to sign PPPs with state govts

John Deere India, a subsidiary of the US farm equipment major Deere & Company, is evaluating the possibility of signing more public-private partnerships (PPPs) with state governments.