Search

ACE posts robust Q2 FY25; revenue up by 14.5% YoY

ACE registered its best-ever Q2 i.e. Jul-Sep quarter in terms of revenue and margins

India’s Road Network Boom

India has doubled its road network in the past decade, boosting connectivity and attracting significant interest from infrastructure investment trusts (InvITs).

Ratan Naval Tata: 28 December 1937 - 9 October 2024

Ratan Naval Tata, a visionary leader and philanthropic force behind Tata Trusts, left an indelible legacy in business and society.

Critical Role of Lubrication in Mining Operations

Mobilgrease XHP™ 462 Moly is indispensable for applications where heavy loads and extreme pressure are common.

Maximising Uptime

India bearings market is projected to reach $6714.8 million by 2032, growing at a CAGR of 13.5 per cent from 2024 to 2032.

Our goal is to drive innovation and excellence in concrete technology.

Subhabrata Saha, Managing Director, AJAX Engineering, speaks on the company’s sustainable practices and initiatives in its manufacturing processes.

Transforming Logistics

The India material handling equipment market is poised for significant growth, with expectations to reach substantial market size by 2027.

Shveta Arya is new MD of Cummins India

She succeeds Ashwath Ram, who will continue serving the company until August 31, 2024

Cummins India PAT at Rs 420 cr in Q1FY2024

PBT at Rs 551 cr was higher by 33% compared to the same quarter last year

Bobcat plans merger with Doosan Robotics to boost autonomous machines

The merger aims to capitalise on growing robotics industry and trend towards automation.

Focus on Infra, Skilling

Experts agree that Budget 2024 aims for more inclusive growth, focusing on job formalisation, agricultural productivity, and MSME support

Zoomlion accelerates expansion in Thailand

The ceremony featured an impressive display of Zoomlion's latest equipment

Indian rental companies are increasingly embracing digitisation

Satin Sachdeva, Founder & Secretary General, Construction Equipment Rental Association, speaks on the current landscape of the construction equipment rental market, and the latest trends in the market.

Socomec appoints Sankar Subramanian as Dy GM for Power Switching and monitoring products

Sankar will manage operational marketing, lead product development, and drive strategic initiatives to promote business growth.

ICRA predicts 4-6% growth in FY25 tyre sales

ICRA stated that domestic tyre sale volumes are expected to experience a moderate growth of four to six per cent in this fiscal year, following an estimated pace of six to eight per cent in the previous financial year.

Sany revenue soars 60% of core business

Sany Heavy Industry, a leading heavy machinery manufacturer, has reported a strong growth in international revenues in its recently announced annual results for 2023.

Action Construction Equipment's net profit up 108.80% in Q4 FY24

Net profit surged by 106.59%, reaching Rs 98.44 crore in Q4FY24

We focus on sustainability across our operations

Ajax Engineering is a pioneering force in the construction equipment industry, renowned for its innovative solutions and cutting-edge technology. Specialising in concrete machinery, Ajax offers a diverse range of products including transit mixers, concrete pumps, batching plants, and more, catering to the needs of the construction sector globally. In an exclusive interaction, Subhabrata Saha, Managing Director, AJAX Engineering, speaks on the company’s sustainable practices and initiatives in its manufacturing processes.

Liebherr tower cranes renovate bridge in Spain

Liebherr’s revenue once again increased significantly compared with the previous year.

Gerrit Marx is new CEO of CNH

CNH Industrial N.V. announces the appointment of Gerrit Marx to the role of CEO effective July 1, 2024.

ERP cloud solutions in equipment manufacturing

ERP cloud solutions offer a comprehensive suite of functionalities designed to streamline manufacturing operations, from order management and production planning to inventory optimisation and quality control.

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.

Gerrit Marx is new CEO of CNH

Marx returns to CNH from Iveco Group, succeeding Scott W. Wine

Liebherr tower cranes renovate bridge in Spain

The company finished the 2023 business year with a record revenue of Euro 14,042 mn.

Liebherr tower cranes renovate bridge in Spain

Two Liebherr 420 EC-H 16 Litronic cranes are secured to the bridge's pylons

Zoomlion records 79.2% YoY increase in international revenue

The company achieved an annual revenue of RMB 47.075 billion

DICV CY2023 business performance best-ever

Best-in-class MY24 BharatBenz trucks to drive business growth in 2024

Navigating the Automation Wave

The panel discussion explores insights from industry experts on the challenges and strategic imperatives driving the adoption of automation in diverse sectors.

R&D serves as the cornerstone of Netradyne’s strategic approach

Amit Kumar, Sr Director – Marketing, Netradyne Technology, speaks on the company’s flagship product – Driver•i – and how it contributes to enhancing fleet and driver safety.

Budget 2024: Key highlights

Key highlights of Interim Budget 2024

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.

About 5% of our yearly expenditure is dedicated to R&D globally

Andrea Pernici, General Sales Manager, Filtrec Manikandan M, Country Head - Sales, Filtrec Bharat Manufacturing

Schwing Stetter India announces entry in CE sub segments at Excon

The new path breaking construction product line-up covers mining, shipping, and road & highway infrastructure industries

Abilities secures patent for revolutionary piston technology

The technology is poised to transform the engine components landscape

Eicher launches Non-Stop Series of heavy-duty trucks

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Limited, announced the launch of the Eicher Non-Stop Series, a new range of heavy-duty trucks meticulously designed for the fast-evolving long-haul transportation in the country.

Some of our products use recycled material

VG Sakthikumar, Managing Director, Schwing Stetter India

Our focus is on introducing cutting-edge electric machines

Sanjay Saxena, COO, Sany India and South Asia

We will be launching several products at Excon 2023

Anand Sundaresan, Managing Director, Ammann India

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.

Eicher launches Non-Stop Series of heavy-duty trucks

The four upcoming trucks in the range come with 100% connectivity

Construction equipment industry anticipates 14-15% revenue surge

According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.

New energy equipment at BICES 2023

BICES has clearly become a significant platform and support for the construction machinery industry.

Delhi’s 2041 master plan offers $ 100 bn opportunity

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities, totaling $100 billion over the next two decades.

India urged to reform mineral exploration policies

Sumit Deb the outgoing President of the Federation of Indian Mineral Industries (FIMI) has called for comprehensive reforms to stimulate mineral exploration in India

MET approves 309 mineral exploration projects worth Rs 21 bn

The National Mineral Exploration Trust (NMET) has granted approval to 309 projects with an estimated total cost of Rs 21 billion for conducting regional and detailed exploration activities throughout the country

Sany international sales revenue up 35.87%

The net cash flow from business activities was 402 million yuan

Atlas Copco to inaugurate new factory in Pune

The new facility, which is planned to be completed by Q2, 2024, will generate additional employment for over 200 people and add production capacity.

Contamination-free lubricants!

Managing and control of contamination in various stages of plant lubrication helps in extending the life of lubricants and equipment.

Escorts Kubota contemplates sale of railway equipment division

During 1Q, Escorts Kubota navigated a decline in tractor sales

The New Concrete Frontier

Contractors must adopt advanced, efficient concrete equipment to meet growing project sizes, tight deadlines, and high-strength concrete demands.

RVNL bags NHAI contract for road upgradation in Odisha

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) worth 808.48 crores from the National Highways Authority of India.

Modern Demolition

Increased efficiency, increased safety and reduced need for skilled labour are among the many factors that drive the development of autonomous construction equipment.

The Mining Boom

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

US CE rental sales to rise 12.5% in 2022

The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain.

Industry 4.0 is helping machine builders to implement digitalisation

Himanshu Sharma, Head – Marketing and Corporate Communication, B&R Automation, speaks on the evolving digital technologies in the construction equipment industry.

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.

BICES 2023 conference held during CONEXPO

On March 15, the press conference of the 16th China Beijing International Construction Machinery, Building Materials Machines and Mining Machines Exhibition & Seminar (BICES 2023) was held at CONEXPO-CON/AGG in Las Vegas

Cat launches 926, 930, 938 small wheel loaders

Caterpillar is introducing a new generation of small wheel loaders, including the Cat 926, 930, and 938 models, which provide a wide range of innovative features and technologies to enhance safety, simplify operation, and lower overall lifecycle costs.

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.

Navigating the Depths

How IIoT is enhancing safety and efficiency in underground mining.

BKT’s Bhuj Plant: At the centre of a well-thought-out growth strategy

The manufacturing facility aims for annual production of 600,000 MT.

BKT’s Bhuj Plant: Racing ahead of time

The Bhuj site, at the centre of a well-thought-out growth strategy by BKT, consists of the state-of-the-art manufacturing facilities as it aims for an annual tyre production of 600,000 MT.

What are the latest innovations in the OTR tyres segment?

CW speaks to experts to understand new trends in the tyre market.

Deere reports 32% net sales increase for Q1 2023

Deere & Company’s global net sales and revenue increased 32 per cent, to $12.7 billion, for the first quarter of the company’s fiscal year.

We are hopeful to maintain a steady growth of around 15 to 20%

Subrata Mitra, Group President, Vishwa Group of Companies

BICES 2023 conference held during CONEXPO

BICES is an industrial exhibition in China with the longest history and high-quality performance.

CNH Industrial takes controlling stake in Bennamann

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

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

Consolidated revenue from operations stood at Rs 56.44 billion.

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

SCHWING Stetter launches 14 new products at bauma CONEXPO

Shri Nitin Gadkari launched one of the key products during the event.

AJAX to invest Rs 100 cr in new facility

Manufacturer of concrete equipment Ajax Engineering announced a Rs 100 crore investment to build its fifth manufacturing plant in Bengaluru with plans for a portion of the facility to be operational by the end of the year.

In comparison to other mining markets, India lags behind

Sujeet Kumar, Business Line Manager - Surface Division, Epiroc Mining India, speaks on the outlook on the mining industry in India, and the importance of sustainability in mining.

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.

We are keen to showcase our readiness in building the India of tomorrow

BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.

We have fire-resistant hydraulic fluids for the mining segment

Tridib Majumder, Managing Director, Quaker Houghton India, speaks on the growth of the mining industry in India, and key digital features and solutions offered by the company.

We are launching new ‘Made for India’ tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the key products on display during bauma CONEXPO.

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”).

We are looking for new products and new markets

Subrata Mitra, Group President, Vishwa Group of Companies, speaks on the major products of the company for the mining industry.

Mining the Future

With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.

In comparison to other mining markets, India lags behind

Sujeet Kumar, Business Line Manager - Surface Division, Epiroc Mining India, speaks on the automation which is evolving in the mining industry.

We anticipate growth of 30 to 40 per cent this year

Ashutosh P Gokhale, Director, Oilmax Systems, speaks on Oilmax Systems and its offerings for the construction equipment industry.

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 demand for high-capacity equipment is increasing day by day

Amit Banerjee, Chairman and Managing Director, BEML, shares the outlook for the Indian mining industry, and the sectors that will drive the demand in the mining sector.

Zoomlion shines at Bauma!

Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology drew wide attention at Bauma 2022. At a featured product release event held on October 24, Zoomlion launched 10-odd intelligent aerial work platform (AWP) products include scissor lift, straight boom and crank-type models, which won a number of prospective orders from clients in the Netherlands, Romania, Poland, Iraq, Switzerland, and Germany.

Innovations in Mining!

Organised by CII, the 16th edition of the International Mining and Machinery Exhibition (IMME) - India's only focused fair for the mining industry was held between 16 to 19 November 2022 at Rajarhat, Kolkata.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Zoomlion shines at Bauma!

Zoomlion launched 10-odd intelligent AWPs

Tata Motors’ Trucks: Leading Towards a Safer Era of Mobility

Spanning over five million kilometres, Indian roads comprise one of the largest transportation networks in the world, carrying 90 per cent of country’s passenger traffic and 60 per cent of its goods.

Tata Motors launches all-new 5W30 synthetic engine oil for CVs

Promises lower TCO, improved fuel economy and reduced carbon impact

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Tata Motors’ ‘Construck’ range of mining tippers

These tippers have always been the preferred workhorse in the mining operations.

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

Tata Elxsi doubles Q1 hiring on push from EVs

Tata Elxsi, a leading provider of design-led technology services including the auto sector, added 771 employees during April-June (Q1FY23) period.

Jennifer Rumsey named new CEO of Cummins

Jennifer Rumsey has been named President/CEO of Cummins, effective August 1. She replaces CEO Tom Linebarger. Rumsey currently serves as president and COO of the engine maker.

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Enhancing efficiency

India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.

Battery industry revenues to surpass $168 billion by 2030

The battery industry revenues may surpass $168 billion by 2030 but severe global shortages are highly expected from 2025.

High Productivity, Solid Savings with Tata SIGNA 2825.K REPTO RMC

In many small and compact mobile applications, the requirements for control tasks are increasing.

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

Elgi Equipments' March 2022 net sales at Rs 727.61 cr

Consolidated sales for the fourth quarter was Rs 728 crore as against Rs 611 crore in the corresponding quarter in 2020-21.

Digital Edition