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Hardayal Prasad is new MD and CEO of Srei Infra Finance

Mr. Prasad is a seasoned senior banker with over 36 years of experience

Highways to Progress

India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements, and sustainability initiatives, driving economic growth and setting global standards.

Metro Rail sustainability suffering from affordability & connectivity

An affordable fare structure & an efficient last-mile connectivity are vital for Metro Rail

Changing the future of construction

In construction, machine learning can help project engineers, supervisors, and everyone else involved in a project

Navigating the future

Ongoing advancements in technology, including the integration of IoT, AI, and automation, are revolutionising the construction and mining equipment market.

Budget 2024: Key highlights

Key highlights of Interim Budget 2024

Grading the Future

As the demand for advanced road networks and improved connectivity continues to surge, the clamor for motor graders in the construction industry is reaching unprecedented heights.

Avoid Tunnel Vision Syndrome

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

We focus on embedding sustainability into design and manufacturing

Mukul Dixit, Director – Sales & Marketing, Global Construction Industries (GCI), Caterpillar India, speaks on various models of new-age excavators launched by the company, and how are these excavators equipped to deal with intricate projects.

Charting growth path for road sector

The 13th India Roads Conference (IRC) – with the theme of "Road Construction Business: Establishing safe, sustainable, inclusive and intelligent road network in India” – explored new opportunities for stakeholders in the road construction business.

Tata Motors launches ‘Truck Utsav’

Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of ‘Truck Utsav’ – a unique customer engagement initiative.

Fleet Management and AI!

Asset management helps to maximise the value of equipment over its lifespan by ensuring that it is properly maintained and used efficiently.

Poised for growth

As coal mining activity escalates, the need for tipper trucks will rise.

The demand for advanced technologies is growing

Senthil Balamanickam, Chief Executive Officer, Suryabala JCB, speaks on the emerging equipment types that the company foresees in the near future.

Delhi to hold FCC’s India Roads Conference on 12th Oct

To be hosted at Hotel Shangri-La Eros, New Delhi, the conference will witness more than 25 experts, policymakers, and industry leaders discussing innovative technologies, sustainable practices, and funding opportunities that promise to revolutionise the road construction landscape in India.

Tata Motors launches ‘Truck Utsav’

It is a customer engagement programme

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

FIRST Construction Council explains how to unlock value through ESG

With the rise in demand for sustainability, many companies are taking steps to become ESG (environmental, social, and governance) compliant. To delve deeper into the topic, FIRST Construction Council recently hosted a virtual discussion forum on the theme of “How construction companies can unlock value through ESG”.

Will the Road construction target be achieved in 2023-24?

The road sector is suffering from immobility! Surprised?

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.

CNH pledges to empower Indian young people

The company has introduced comprehensive training programmes

“We got into dealership with JCB for eight districts in Tamil Nadu.”

Senthil Bala, Chief Executive Officer, Surya Bala JCB, speaks on the current market trends and demands for CE in the regions they represent.

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

Caterpillar displays latest range of hydraulic excavators at its customer meeting

Cat® dealer, Gmmco, organised a one-day customer meeting at GMR Arena in Hyderabad, on 8 May 2023, to showcase the latest range of next-gen cat large hydraulic excavators.

The demand trend for earthmoving equipment is expected to remain positive

Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

Tata Motors, India’s largest commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the country’s leading public sector bank to offer unique financing solutions for the purchase of the all-new Tata Ace EV – India’s most advanced, zero-emission, four-wheel commercial vehicle.

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

L&T Finance launches Warehouse Receipt Financing

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

Tata Motors, SBI sign MoU to offer financing solutions for Ace EV

The partnership will introduce easy loan-structured schemes for the purchase of the all-new Tata Ace EV

Bringing sustainability to the fore

JCB has continued to make concerted efforts to conserve and optimise the use of energy.

Caterpillar unveils its largest ConExpo booth ever

More than 30 latest model and prototype machines will be on display.

Caterpillar’s digital-enabled solutions at bauma

Caterpillar exhibit featured a technology ecosystem to help customers get the most from their machines.

BKT to launch two new ‘Made for India’ EARTHMAX tyres

Balkrishna Industries (BKT) the Indian multinational company and global player in the off-highway tyre market will be participating in the bauma CONEXPO India 2023. Armed with a strong R&D, BKT will be launching two tyres under the sub-brand EARTHMAX at the bauma CONEXPO INDIA.

Narinder Mittal appointed as Country Manager & MD of CNH India & SAARC

CNH Industrial India announces that Narinder Mittal has been appointed as the Country Manager & Managing Director of CNH Industrial (India) and will lead its Indian and SAARC’s Agriculture business. The appointment is effective January 1, 2023.

We want to be India’s biggest marketplace for machinery and cars

Sameer Malhotra, CEO, and Sanjay Khanna, Business Head, Shriram Automall, speak on the market for construction equipment in India.

The next 10 years will be an important period for mining in India

Karthik Bala, Mining Regional Manager, Resource Industries Sales, Services and Technology, Caterpillar India, speaks on the company’s technological offerings for the mining segment.

Narinder Mittal appointed as Country Manager & MD of CNH Industrial India & SAARC

Narinder succeeds Raunak Varma, who has been with CNH Industrial for over two decades.

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.

Sany Bharat signs MOU with Union Bank of India

The network of Union Bank will extend equipment finance to customers of Sany Bharat across the country

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

INTERMAT’s first edition in India concludes successfully

The three-day event witnessed a wide range of construction materials on display, an insightful finance conference and launch of new equipment machineries.

There is a huge demand for rental equipment throughout the CEQ category

Sandwiched between the price surge and the infrastructure boom, Vishal Sharma, Business Partner, Reach International, talks about the rental equipment scene in the Indian equipment market

Rent or lease – what’s the best option

Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.

Rent or lease – what’s the best option

Satin Sachdeva provides an ideal model – OEMs should sell equipment to equipment rental companies with the support of financers.

INTERMAT’s first edition in India concludes successfully

The three-day event witnessed a wide range of construction materials on display, an insightful finance conference and launch of new equipment machineries.

Franna hosts a successful first-ever Open Day in India

The participants got a closer look at the newly-launched Franna FR-17 Crane

JCB India, Karnataka Bank tie-up for equipment financing business

The tie up arrangement with JCB India Ltd is expected to boost the lending avenues under the Bank’s MSME portfolio.

There is a surge in rental demand for AWP and MHE

Vishal Sharma, Business Partner, Reach International, speaks on the scenario of the rental market in the construction equipment segment

JCB’s thrust on digital technologies

Excon 2021 is indeed going to be the first major exhibition for the construction equipment industry, post-pandemic, hence, expectations are high. There is likely to be an even greater active participation by the industry than what we have seen in the past editions.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

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.

India’s semiconductor pursuit gets a strong push

The Semiconductor Industry Association (SIA), the top trade association representing the U.S. semiconductor industry, signed a Memorandum of Understanding (MoU) with the India Electronics and Semiconductor Association (IESA), the premier trade group representing India’s semiconductor and electronics systems design and manufacturing industry, to foster collaboration and identify potential opportunities between the two countries in the semiconductor sector.

CE companies are making strides toward sustainability

Customer centricity being the fulcrum, Doosan Bobcat India introduced B900 CEV stage IV backhoe loaders for the Indian market in 2021.

Towering Ahead!

The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

All eyes on Excon!

The year started with venues opening up slowly after a lull in the last two years. In line with the growth of the industry, the 11th edition of Excon—termed South Asia’s largest construction equipment (CE) and construction technology trade fair—will take place at the Bangalore International Exhibition Centre (BIEC) from May 17-21.

Booster shot for infrastructure sector!

The Budget seems to be focused on high impact areas and accelerating the capital expenditure cycle.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Earthmoving equipment is a staple of the construction industry

Satin Sachdeva, Secretary General, Construction Equipment Rental Association (CERA) and member Global Rental Alliance (GRA)

Tata Motors, Equitas SFB join hands for small CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a five-year Memorandum of Understanding (MoU) with Equitas SFB, one of the country’s largest small finance banks, to bring a set of attractive financial solutions to its customers.

Tata Motors, Equitas SFB join hands for small CV customers

Tata Motors will leverage Equitas SFB’s strong network across the country, spanning 861 branches and 550+ CV customer touchpoints, to make these solutions accessible for customers.

LetsTransport to augment fleet with 1,000 electric vehicles

In a bid to drive sustainable growth of intra-city and last mile logistics, LetsTransport, one of India’s fastest growing tech logistics companies, will augment its electric vehicle (EV) fleet on its platform to 1,000 by June 2022.

LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth

Hyundai launches three special attachments with the launch of HX380L

Construction equipment major Hyundai Construction Equipment (HCE) has launched three new special attachments—Quick Coupler HQC220, Clamshell HCB220, Orange Grapple HGB220, and the Mining Portfolio with the launch of the HX380L.

Unlocking the mining potential

The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.

Tipper market is projected to grow at good pace over next few years”

The tipper market is projected to grow at a good pace over the next few years, owing to increasing number of infrastructure projects and availability of easy financing options offered by financial institutions.

LetsTransport plans to augment fleet with 1,000 electric vehicles to drive sustainable growth

Having already commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore and Mumbai, LetsTransport will introduce EVs to its fleet in Chennai, Pune and Kolkata.

Tata Motors launches all-new Ace Gold Petrol CX

Tata Motors, India’s largest commercial vehicle manufacturer, launched an all-new variant of its most popular small commercial vehicle (SCV), the Ace Gold Petrol CX starting from Rs 3.99 lakh

Launch of new Cat® 424 backhoe loader

Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.

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.

Launch of new Cat® 424 backhoe loader

Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.

AJAX introduces the ‘All new CEV Stage-IV’ compliant ARGOs

These engines are more environment friendly with well proven CRDi technology and After Treatment System (ATS) that reduces emission levels.

Underground mining readies for IIoT revolution

With new innovative technology, companies are taking take digitalisation of mining operations to the next level.

Kirloskar unveils ‘Limitless’ mission for subsidiaries to enhance experience

Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries have undertaken a refresh of their respective business vision.

Tata Motors launches all-new Ace Gold Petrol CX

The Ace Gold Petrol CX will aim to reinforce its position as the most preferred mini-truck for budding entrepreneurs

Kirloskar Group unveils 'Limitless' mission for subsidiaries to enhance customer experience

Kirloskar Group introduced Kirloskar 'Limitless' mission to transform Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries and undertaken a refresh of their respective business vision.

Tata Motors partners with J&K Bank to bring attractive financing options for its customers

The partnership will enable easy commercial vehicle financing at competitive interest rates and extended loan tenure

CASE Construction Equipment bags MP’s Best Employer Brand 2021

The construction equipment manufacturer has garnered this recognition for the second consecutive year.

Vedanta rolls out lucrative scheme for MSMEs under ‘Saathi’ programme

Vedanta, India’s leading producer of metals and oil and gas, has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week.

Tata Motors launches ‘16 saal bemisaal’ campaign

To celebrate this feat, Tata Motors has organised roadshows, wherein Tata Aces will travel across 10 states in the country. Patrons will also be able to test drive the vehicle to gain a first-hand experience of its comfort and drivability.

CASE announces 60-day extension of warranty on all CE

CASE Construction Equipment announced a 60-day warranty extension on all construction equipment in light of the second wave of the COVID 19 pandemic in the country. This extension is applicable on all such units whose warranty is expiring between May 1, 2021 and June 30, 2021.

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.

Kevin Lichtenstein joins ArcVera

ArcVera Renewables, a leading provider of consulting and technical services for wind, solar and storage projects, has recruited Kevin Lichtenstein as Director - Solar Energy Group, Global.

CW Maharashtra mega virtual conference focuses on opportunities

Platform at unprecedented scale to attract the biggest names

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

Tata Motors unveils Ultra Sleek T-Series range of new-gen smart trucks

Tata Motors, India’s largest commercial vehicle manufacturer, has unveiled its newest range of intermediate and light commercial trucks (I&LCV), the Ultra Sleek T-Series, designed and engineered to suit contemporary demands of urban transportation.

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

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.

Bounce back

Construction equipment finance has bounced back after the pandemic-forced lull.

Takeuchi launches new attachment lineups

Takeuchi has started a new attachments program that offers more than 40 different Takeuchi-branded tools for the company’s compact excavators, compact track loaders and compact wheel loaders.

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.

Tata Motors unveils Ultra Sleek T-Series range of new-gen smart trucks

Available in three models – T.6, T.7 and T.9, the all-new Ultra Sleek range is available in varied deck lengths from 10 to 20 feet to adapt to all the required applications.

Caterpillar celebrates 50 years of manufacturing in India

Caterpillar, the world’s largest manufacturer of construction and mining equipment, enters the 50th year of manufacturing in India. The company has a long history of equipping its machines with leading-edge technology to increase the safety, productivity and efficiency of its operational sectors.

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