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Unearthing Potential
Today, mining is a $1 trillion industry, providing materials for everything from the energy sector to the commercial goods market.
H2 ICE is ideal for heavy-duty use, providing fuel efficiency
Cummins India is the country’s leading manufacturer of diesel and natural gas engines. Nitin Jirafe, Engine Business Leader, Cummins India, speaks on advantages of using hydrogen internal combustion engines over concventional internal combustion engines
India’s CE market is growing rapidly due to urbanisation
KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.
We are also growing in the concrete pump segment
KYB Conmat, with over 13 years of experience in the industry, is one of India’s leading manufacturers of concrete equipment and holds a top three position in most segments, including batching plants, paving machines, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President – Marketing, KYB Conmat, speaks on how his company is hearing up for Excon 2023.
ACMA seeks uniform 18% GST for all auto components
Auto components industry body ACMA has urged the government for a uniform GST rate of 18 percent on all auto parts to curb the impact of counterfeits in the aftermarket operations.
ACMA seeks uniform 18% GST for all auto components
ACMA has urged the government for a uniform GST rate of 18 per cent on all auto parts to curb the impact of counterfeits in the aftermarket operations.
Indian Steel Association welcomes approval of PLI scheme
The Production Linked Incentive (PLI) Scheme is a scheme aimed at encouraging domestic manufacturing, substituting imports and finally boosting exports.
Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes
The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
Indian Steel Association welcomes approval of PLI scheme
The Indian Steel Association welcomes the cabinet approval of PLI Scheme
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.
Indian CE market to regain growth
Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.
CE industry: On the road to recovery
The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.