Greaves Cotton is exploring options to sell its construction equipment manufacturing plants. The company will sell all three assets at its Gummidipoondi facility in Tamil Nadu.
Ashok Leyland has officially launched the latest backhoe loader 435E under its joint venture with John Deere. V Sumantran, Chairman, Ashok Leyland, and P Ravishankar, CEO, Ashok Leyland John Deere Construction Equipment Company, formally unveiled the new backhoe loader in Chennai.
Greaves Cotton, the Rs 1,700 crore, multi-product, multi-locational engineering company with core competencies in diesel/petrol engines, gensets and construction equipment, is looking at growing beyond construction equipment business
Here go the predictions. The potential demand for concrete equipment in India over the next few years will be quite substantial and the RMC industry will witness a steady growth; the conversion factor for cement to RMC will soon exceed ten per cent.
The Leyland Deere JV announced its entry with the launch of its 435 backhoe loader. The joint venture between John Deere and Ashok Leyland has introduced its first product, the 435 backhoe loader,
REL THP 45, the latest in ?S' valve technology concrete pump, achieved a singlepour vertical pumping to a record height of 91 m along with a total of 65 m horizontal at the Sobha City project in Thrissur, Kerala.