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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.

A Resounding Success

Gujarat Conex 2023 served as a gathering hub for prominent figures in the industry and policymakers, engaging in discussions aimed at advancing infrastructure development in Gujarat.

Gujarat: One-stop destination for CE players

Gujarat Conex 2023, which will be held from September 21-23, 2023 in Gandhinagar, will be a meeting place for major industry players and policymakers to deliberate on furthering infrastructure growth in Gujarat and India.

Govt aims to make India a construction equipment manufacturing hub: Gadkari

Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways said that the government is targeting at making the country a manufacturing hub of construction equipment in the world

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.

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.

SOHAR Port Anticipates Potential Business Opportunities

With several developmental plans underway, including future projects, SOHAR Port and Freezone continues to seek possibilities for growth and expansion.

Yanmar to set up diesel engine facility in Chennai

Mahindra Industrial Park Chennai (MIPCL), a joint venture between Mahindra World City Developers and Sumitomo Corporation of Japan, announced the signing of Yanmar Group as its anchor customer at ORIGINS by Mahindra World City, North Chennai.

Safety at Work Site

Personal safety is of utmost importance at any construction site. Respiratory hazards, hearing hazards and falling hazards are the common safety risks involved with workers at construction sites. K Nandakumar explains more on these safety risks and solutions offered by 3M India.

ADB to fund for India?s first coastal industrial corridor

The Asian Development Bank (ADB) has approved $631 million to develop the first 800-km section of a planned 2,500-km-long East Coast Economic Corridor.

ADB to fund for India's first coastal industrial corridor

The Asian Development Bank (ADB) approved $631 million to develop the first 800-km section of a planned 2,500-km-long East Coast Economic Corridor. The Visakhapatnam-Chennai Industrial Corridor section of the East Coast Economic Corridor, connecting four economic hubs and nine industrial clusters, will mark the first industrial corridor developed along India's coast.

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

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.