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L&T secures EPC order to establish world’s largest solar PV plant

The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity.

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.

BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

The worst is over for the CV industry

In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.

Fuel tracking solution’s penetration is less than 1% of the overall commercial fleet size

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99 per cent accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware/software.

Property mgmt firms becoming vital part of real estate

Real estate demand in metro cities is witnessing a boom due to the multiplicity of different kinds of industries, MNCs, small-scale businesses, and home-grown brands, writes Samkit Jain of Bullmen Realty.

Opportunities in bulk for cement

As per estimates of total projects to be sanctioned and those upcoming and under construction across sectors, the hope is to see better days ahead—quantitatively and qualitatively—for the cement industry.

AJAX: Revolutionising current construction processes through boom pumps

Strengthening its foothold in the concreting equipment market, AJAX would be introducing new products in the forthcoming customer interface platforms to help customers to steer their business with increased speed, greater flexibility and enhanced quality.

Sullair introduces Tier 3 OFD1550 oil free portable air compressor

Sullair has introduced its Tier 3 OFD1550 oil free portable air compressor which delivers ISO 8573.1 Class 0 oil free air wherever users need it – plantside, refinery-side or at the jobsite Sullair oil freeThe portable air compressor solution represents the latest solution in the expanding Sullair oil free portfolio.

More options than ever

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. There are several distinct types of heavy construction equipment, each with its own set of uses.

bauma postponed to October 2022

bauma—the world's leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment—is postponed to autumn 2022.

Srei receives EoI for capital infusion from Cerberus

The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.

bauma postponed to October 2022

bauma—the World's Leading Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment—is postponed to autumn 2022.

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

CW Maharashtra mega virtual conference focuses on opportunities

Platform at unprecedented scale to attract the biggest names

Liebherr achieves over Euro 10 bn in annual turnover

In 2020, the Liebherr Group achieved a turnover of Euro 10,341 million. Compared to the previous year, the company posted a decline of Euro 1,409 million, or 12%.

The D-factor

Where the demand will be coming from for the construction equipment industry?

Demand diversity in CE sector

Infrastructure is a silver lining in the pandemic for many States. With the lockdowns in place in most States during 2020 and reduced vehicle traffic, crews continued their road work and were getting more work done than usual.

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.

Service sourcing strategies will lead transformation of Indian logistics ecosystem

In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.

Leading mining companies are now taking steps towards digitalisation

Alok Kumar Verma, Director – Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.

bauma CONEXPO India Cancelled!

bauma CONEXPO India is a melting pot of knowledge, deals and networking. We explores what the cancellation of this year’s edition means for the industry.

Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

CE sector secures jobs in a difficult environment

Globally, sales of construction machinery fell by three per cent in 2020, but the Chinese market grew by 30 per cent, so the global market excluding China actually slowed by 17 per cent.

Coal India approves record 32 mining projects at Rs 47K cr

Scripting a record high, Coal India Limited (CIL) has approved 32 coal mining projects in the current fiscal till January 2021, which indicate an estimated incremental capital of around Rs 47,300 crore.

Rising Tide

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

L&T secures EPC order to establish world’s largest solar PV plant

The project that is coming up in Riyadh Province has a 30.8 sq km land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters.

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.

1st IIEF lauds innovations in 5 categories

Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.

Bounce back

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

Demand on the rise

The market is moving from mechanical to sensor pavers and the industry estimates the total market for sensor pavers to be more than 300 units per annum.

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

Volvo CE pulls out of world's largest equipment trade show

Citing a new marketing approach and changing customer behaviors, Volvo Construction Equipment says it will not participate in the 2022 Bauma trade show.

Trimble releases Tekla 2021 Structural BIM Software Solutions

Trimble introduced the latest versions of its Tekla® software solutions for constructible Building Information Modeling (BIM), structural engineering and steel fabrication management—Tekla Structures 2021, Tekla Structural Designer 2021, Tekla Tedds 2021 and Tekla PowerFab 2021.

Eaton introduces internationally-acclaimed EnergyAware UPS in India

Eaton, a global power management company, launched an industry-first data center solution – EnergyAware UPS using UPS-as-a-reserve (UPSaaR) in India.

AJAX ARGO model’s mantra is ‘maximum productivity for your investment’

“AJAX ARGO Self-Loading Concrete Mixer (SLCM) delivers ‘Maximum Productivity for Your Investment’ says Ajay Aneja, Chief Marketing Officer, AJAX Engineering

Improving machine performance

Improving overall equipment effectiveness is always a challenge.

Govt’s infra focus will boost demand for CE”

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

CARER'S electric lithium-powered forklift

CARER has manufactured only electric forklifts since 1976. When considering solutions for the container loading industry, CARER was aware of the challenges faced by those industries having to load and unload containers.

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.

Trimble releases Tekla 2021 Structural BIM Software Solutions

New Tekla software features and enhancements continue to power data-driven, collaborative and connected workflows across all project phases. 

New flat-top cranes from Comansa

With regard to the lift engines, the standard for the 20-tonne versions is 50 kW, while for the 25-tonne version it is 65 kW. The 110-kW engine is optional for both versions, with a speed of up to 290 m/min and maximum capacities of 1,570 metres of cable.

Repairing at 1000 m: The perils of bridge work

Bridges form an essential part of modern day economic and transportation systems. They can be used to connect islands that can span several kilometres into deep seas, connect stretches of separated lands - as well as joining cities, separated by lakes and rivers.

Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

We will continue to focus on infrastructure projects

Established in 1960, Atlas Copco India is the country’s leading manufacturer of innovative solutions in air compressors and industrial gases, energy efficient vacuum pumps, portable compressors, light towers.

Nigraani’s fuel tracking solution’s gains enable ARSS to increase driver’s salary multi-fold

ARSS Infrastructure Projects (ARSS) achieved an RoI in fuel tracking solution in months.

Sandvik to invest in new hydraulic & instrumentation tubing factory in Mehsana

Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, will invest in a new Hydraulic and Instrumentation tubing factory at its Mehsana Mill in Gujarat, western India, to meet increasing customer demand.

Motor graders are now mandatory for construction of highways

The grader has a strong role in the pre-compaction stage and sub-base preparation with fine grading, spreading and levelling the ground. It uses a hydraulic blade to push large amounts of soil and can be adjusted with a simple lever by the operator.

Focus on infra to revive economic growth

The government’s focus on building infrastructure will create jobs and revive economic growth

Doosan Bobcat gearing up for expected 19% NA sales boost this year

Further proof that compact equipment sales have escaped the significant downturn felt by heavy equipment sales in the past year is shown in Doosan Bobcat’s Q4 and 2020 results.

Italian CE market remains stable in 2020

During the 12 months of 2020, 16,962 construction equipment have been sold in the Italian market, with a stable trend compared to 2019 (+0.2 per cent). More in detail, earth-moving machines sold were 16,251 (0 per cent), and 711 were road machines (+15 per cent).

Italian CE market remains stable in 2020

During the 12 months of 2020, 16,962 construction equipment have been sold in the Italian market, with a stable trend compared to 2019 (+0.2 per cent). More in detail, earth-moving machines sold were 16,251 (0 per cent), and 711 were road machines (+15 per cent).

Technological upgrades are perennial part of CE industry: Sandeep Mathur of CASE

Sandeep Mathur, Brand Leader, CASE India, speaks on the current scenario of motor graders in India, and the upcoming digital technologies in motor graders.

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

CE sector secures jobs in a difficult environment

Last year, the industry turnover of construction machinery from German production was 10.5 billion euros. This corresponds to a minus of 17 per cent compared to the high level in 2019.

Tata Motors launches India’s first 3-axle 6x2 truck

Tata Motors launched its latest offering in M&HCV segment – the Tata Signa 3118.T – India’s first 3-axle 6x2 (10 wheeler) rigid truck with 31 tonnes Gross Vehicle Weight (GVW).

Eaton introduces internationally acclaimed EnergyAware UPS in India

The solution will enable data centers to contribute to renewable energy and also earn from their UPS investments.

Minister was speaking at webinar on road development as part of NIP

Minister was speaking at webinar on road development as part of NIP

AJAX: Revolutionising the current construction processes through boom pumps

AJAX offers concrete batching plants in CRB, IRB and IBP series ranging between 20- 30-45-60-75-90-120 that goes up to 240 cum/hr.

Doosan Bobcat expecting 19% NA sales boost this year

Doosan Bobcat expecting 19% NA sales boost this year

Amazon, Mahindra Electric tie-up to strengthen electric mobility

Amazon India announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country. In 2020, Amazon India had announced that its fleet of delivery vehicles will include 10,000 electric vehicles (EVs) by 2025 in India.

InfraNirbhar: Webinar series by CW and Swarajya

The multi-part series will help us understand the dependence of India on infrastructure

Italian construction equipment market shows a stable trend

Italian construction equipment market shows a stable trend

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

B&R India completes expansion of new warehouse & repair facility

B&R India, one of the leading automation company in India recently extended its warehousing & logistics space at Chakan, Pune as a response to continuous growth the company is experiencing and foreseeing in the future.

Innovation has been cornerstone of JCB’s operations

In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.

Improving efficiency

Batch mix plant is the most widespread type of asphalt plant in the world, which guarantees the highest level of flexibility in production and quality of the finished product.

New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

New Bobcat partnership points to future autonomous machines

With an eye toward developing radar sensor systems, Doosan Bobcat North America says it has formed a strategic equity investment with Lawrence, Kansas-based Ainstein AI, a startup radar technologies company.

Manitou reorganises compact equipment division after tough 2020

Manitou Group has launched a new five-year business plan as it heads into 2021 and strives to recover from the pandemic-induced economic downturn.

Ajax Engg gears up for Atmanirbharta

Ajax Engineering, the world’s largest manufacturer of self-loading concrete mixers (SLCMs), has recently earmarked around Rs 100 crore for allotment of land in Bengaluru from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility.

Sandvik to invest in hydraulic & instrumentation tubing factory

Sandvik to invest in hydraulic & instrumentation tubing factory

Sandvik to invest in hydraulic & instrumentation tubing factory

Sandvik to invest in hydraulic & instrumentation tubing factory

India delivers 1st batch of heavy cranes to bolster operations at Chabahar port

India has delivered a consignment of heavy equipment, including cranes, for further development of Iran’s Chabahar port, signalling New Delhi’s commitment to the strategic connectivity project that can provide access to markets in Central Asia

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Mega Infrastructure Summit 2021 to be held on Apr 6-7

The Mega Infrastructure Summit 2021 is all set to welcome you back to an engaging physical forum to unlock and connect you with unlimited networking opportunities.

Budget focuses on infra to revive economic growth

Finance Minister Nirmala Sitharaman proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP)

Ajax Engg gears up for Atmanirbharta

The leading SLCM manufacturer says it is investing Rs 140 crore to help in its plan to diversify its construction to roads, railways, energy, and irrigation.

GHH releases new data analytics software

GHH has introduced GHH inSiTE, the latest digital analytics soft ware from the company for monitoring and managing mining and tunnelling projects and large construction sites.

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

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.

GHH releases new data analytics software

GHH inSiTE manages mining and tunnelling projects and large construction sites

Tamimi Rentals invests in Grove

Tamimi Rentals is using a large investment in Grove rough-terrain cranes to drive expansion at the company’s construction division, to help it win more work in oil and gas fields.

ZF opens Digital Solutions Center in Bengaluru

The centre will support development programs for the domestic market

Mining market scenario

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

Tipper trucks market gearing up

Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.

VE Commercial Vehicles opens new truck plant at Bhopal

This is the eighth manufacturing facility of VECV in Madhya Pradesh.

Structural reforms in mining sector to realise its true potential: Pralhad Joshi

The proposed changes in mining sector to increase private sector participation

The M&HCV tipper trucks segment continues to look positive

RT Wasan, Vice President, Product Line, M&HCV, Tata Motors, elaborates on the company strategy in the Covid-impacted market scenario.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

“We are expanding our product portfolio”

Ifm is expanding its product portfolio of control solutions with new solutions. Amit Hatgine, Manager-System Business, ifm Electronic India, shares more on the products and solutions from the company for construction equipment industry.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

Growth factors of Indian warehousing and logistics sector

Aditya Vazirani, CEO of Robinsons Global Logistics Solutions, elaborates on the factors that will drive the growth of Indian warehousing and logistics in 2021.

ICRA predicts construction equipment volume growth in CY2021

Central Government projects in roads and rural development will drive demand

Mahindra’s Zaheerabad plant to be hub for new K2 tractor series

The K2 series aims to create a light-weight tractor program for both domestic and international markets

Mahansaria Tyres starts commercial production at Panoli facility

Mahansaria Tyres (MTP) announced the commencement of commercial production at its state-ofthe- art greenfield off-highway tyre manufacturing facility in Panoli, at the Bharuch district of Gujarat.

322 projects awarded under bharatmala

A total of 322 projects in a length of 12,413 km have been awarded under Bharatmala Pariyojana till August 2020. Further, 2,921 km has been constructed under the project till the same date.

B&B Attachments introduces new range of turning attachments

B&B Attachments's new low-maintenance box turning attachment comes with several features that make the new produce box turning attachment a sound investment. Check out the features.