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Budget 2024: Key highlights
Key highlights of Interim Budget 2024
Vision 2030 Drives Growth
The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.
CNH celebrates 25 years of New Holland in India
The brand has been at the forefront of introducing cutting-edge technological advancements
Komatsu and L&T Showcase Cutting-Edge Technologies at EXCON 2023, Pioneering Sustainable Solutions for Construction and Mining
Komatsu India (KIPL) and L&T make a significant impact at EXCON 2023
Komatsu and L&T Showcase Cutting-Edge Technologies at EXCON 2023, Pioneering Sustainable Solutions for Construction and Mining
Komatsu India (KIPL) and L&T make a significant impact at EXCON 2023
Cummins to showcase future emission-ready power solutions portfolio at Excon
Set to showcase next-generation, future emission-ready, Legend L10 and M15 engines
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.
Our products are designed and developed in Italy
Sanjay Kumar Agarwal, Managing Director, Filtrec Bharat
The Indian excavator market stands at around 25,000 machines
During the recently-held JCB Excavator Day in Pune, Deepak Shetty, CEO and Managing Director, JCB India, speaks on the current market share of excavators in the Indian construction equipment industry and JCB’s position within it.
The mineral’s demand is likely to increase by 3 per cent
Kirity Kumar, Business Segment Manager – Operating Solutions, Quaker Houghton, speaks on the types of products manufactured by the company for mining and other related industries.
Building the Future
The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.
Zinc: Securing a Sustainable Future for Mining Industry
The steel used for the coaches of the Vande Bharat trains has been fortified with zinc.
Successful mining with technology-driven lubrication solutions
Mobil Delvac Modern™? 15W-40 Super Fleet is a contemporary heavy-duty diesel engine oil intended to improve fleet performance.
Ashok Leyland bags Rs 800 crore defense order
Ashok Leyland one of the main suppliers of logistical vehicles to the Indian Army has received a military sector order worth Rs 8 billion.
CMA appoints new president and vice president
Parth Jindal, Managing Director of JSW Cement appointed as Vice President
On a high growth path
The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.
On a high growth path
The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.
Eyeing New Heights
The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.
CASE demonstrates ‘Made in India’ products
A visit to the CASE Construction Equipment factory in Pithampur provided an opportunity to witness the company's manufacturing process and its impact on the local community. Karthik Muthuveeran reports…
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
Powering up the Earth
The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements
Made in India product portfolio demonstrated by CASE CE
Displayed at its state-of-the-art manufacturing facility in Pithampur
Komatsu and L&T showcase hybrid excavator
Komatsu India, the 100 per cent subsidiary of the global construction and mining giant Komatsu and Larsen & Toubro, India’s largest engineering company, put together an impressive display at bauma CONEXPO India 2023.
Spectacular showcase from Terex India at bauma CONEXPO
Terex India successfully unveiled eight new products for the Indian market
ACE unveils India's first electric mobile crane
India’s First fully electric mobile crane with breakthrough tech and zero emissions
Komatsu and L&T showcase hybrid excavator at bauma
The excavator can help save at least 20% more energy and helps reduce carbon emissions.
Bauma CONEXPO INDIA 2023 - Highlights
The trade fair for construction equipment industry garners excitement!
Mines Ministry approves Rs 1.54 bn for NMET’s exploration
Under the direction of Vivek Bharadwaj, Secretary Ministry of Mines, the Executive Committee (EC) meeting of the National Mineral Exploration Trust (NMET) Ministry of Mines was convened.
Creating Compact Foundations
The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.
In India, there is a need for 1 MT of ammonium nitrate
Vivek Misra, Associate Vice President, Business Excellence and Transformation, Smartchem Technologies, speaks on the various challenges faced by the company.
We will focus on CE for road and retail segments
Dimitrov Krishnan, Managing Director at Volvo CE India, speaks on their past experience at bauma CONEXPO India.
Timken India to start making CRBs, SRBs locally at Bharuch
Timken India plans to set up a new facility at Bharuch in Gujarat to manufacture spherical roller bearings (SRBs) cylindrical roller bearings (CRBs) and other components.
L&T delivers 3000th indigenous compactor
L&T Construction & Mining Machinery reached a milestone in the supply of indigenous equipment with the successful delivery of the 3000th L&T compactor.
Tata Hitachi launches NX30, the next-gen mini excavator
Tata Hitachi launched the all-new 3-tonne mini excavator, NX30.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
Tata Hitachi launches NX30, the next-gen mini excavator
The all-new Tata Hitachi NX30 is the first of the new NX series of hydraulic excavators
L&T delivers 3000th indigenous compactor
The roller was handed over to Neelesh Kumar Singh of Anmol Associates
Up-grading roads!
The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.
Timken India to start making CRBs, SRBs locally at Bharuch
Timken India plans to set up a new facility at Bharuch in Gujarat to manufacture spherical roller bearings (SRBs) cylindrical roller bearings (CRBs) and other components.
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.
“We will be launching 63-inch tyres for the Indian market.”
Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).
CASE crosses production milestone of 50,000th loader backhoe in India
CASE Construction Equipment, a brand of CNH Industrial, has crossed the production milestone of 50,000th Loader Backhoe, from its state-of-the-art facility in Pithampur, Madhya Pradesh.
L&T ships special construction equipment to BRO for strategic needs
L&T Construction Equipment (LTCEL) has dispatched the first batch of 25 special variant wheel loaders that are suitable for operation in harsh terrains – high altitudes and extreme weather conditions to the Border Roads Organisation (BRO), an organisation engaged in serving strategic requirements of the nation.
The market is shifting towards bigger vehicles in the tipper segment
We have a total of five manufacturing plants in India, of which four are located in North India and one in South India
L&T ships special construction equipment to BRO for strategic needs
The special wheel loaders operate in temperatures between minus 20 degrees and 50 degrees.
CASE crosses production milestone of 50,000th loader backhoe in India
CASE Loader Backhoes are known for their versatility, reliability, productivity, flexibility, safety, and operator comfort.
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.
The Concrete Advantage!
The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.
Premium lubrication solutions for successful mining operations
As a core industry, the mining sector plays a significant role ininfluencing the economic growth of our resource-rich country.
$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.
Make in India initiative has been pivotal to our re-entry into the market
Lintec & Linnhoff launched its new Linnhoff DRX DurableMix asphalt plant series. It also launched its locally manufactured Linnhoff TSD1500 MobileMix asphalt plant. The plants will be built by its newly appointed licensed manufacturing partner, Gainwell Engineering.
JCB machines are getting smarter
Innovation and Sustainability have always remained critical to our operations, and we continue to introduce products that significantly limit their impact on the environment. The JCB 19C-1E is the industry’s first fully-electric excavator in India and is integral to JCB’s ‘Road to Zero’ initiative, a programme that we have been working on for the past few years. The machine has been tested extensively and has various built-in features that enhance safety and performance. With Zero Emissions and low noise, this new machine is ideal for Infrastructure development in Urban Areas and Indoor working,” said Deepak Shetty, CEO and Managing Director, JCB India
Excon brings more cheer to the season
Excon was spread over 3,00,000 square meters of display area with the participation of over 800 exhibitors from India and abroad.
L&T, Komatsu & Scania showcase Biofuel compatible equipment
Larsen & Toubro, Komatsu India and Scania India have put together an impressive display at Excon 2021 to showcase their technological strengths and service capabilities and reaffirm their strong commitment to sustainability.
Garg of L&T: Excon has benefitted us with increased market share over the years
Arvind K Garg of L&T Construction & Mining Machinery speaks on the key products on display during Excon.
BEML to showcase heli-portable dozer
BEML, a schedule ‘A’ company under the Ministry of Defence, is participating in a big way by showcasing its products at an outdoor pavilion. BEML is exhibiting its construction equipment models of different capacities embedded with latest technologies at Excon
JCB’s thrust on digital technologies
Excon 2021 is indeed going to be the first major exhibition for the construction equipment industry, post-pandemic, hence, expectations are high. There is likely to be an even greater active participation by the industry than what we have seen in the past editions.
Opportunities for 45t class excavators are immense
Rahul Shorey National Head – Construction, Tata Hitachi Construction Machinery Company.
Double-digit growth likely
Excon is a large, popular and established platform for the construction equipment industry in India where corporates, large infrastructure companies, contractors and their subcontractors, project construction professionals and retail customers meet original equipment producers and suppliers.
Smart Solutions to Augment Steel Production
The Mobilgrease XHPTM 461 is a part of the Mobilgrease XHPTM 460 Series that has been designed to outperform conventional products by applying high-performance proprietary lithium complex manufacturing technology.
NIP can make CE tick
As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.
What’s Your C-sat Score?
C-SAT is a commonly used metric that acts as a key performance indicator for customer service and product quality in all kinds of businesses. C-SAT is short for customer satisfaction score.
At L&T, customer centricity has been at the core of all activities
At L&T, customer centricity has been at the core of all activities and decisions. With our credo ‘In Service lies Success’, we have continuously provided superior value delivery to customers both in terms of the latest technology and superior performance products aided by unmatched after-sales support.
L&T dispatches 700 MWe steam generator to GHAVP
The heavy engineering arm of Larsen & Toubro, flagged off the fourth steam generator (SG) for NPCIL’s indigenously designed 700 MWe pressurised heavy water reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana.
Upgrading Technology
Commonly used to construct and maintain gravel and dirt roads, motor graders have also prepared building foundations and drainage ditches, making them popular with government agencies and contractors.
L&T Construction & Mining Machinery’s 75 years marked by stamp release
To mark the 75th anniversary of L&T Construction & Mining Machinery business, Department of Posts, Government of India, released a special commemorative stamp today.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
L&T Construction & Mining Machinery’s 75 years marked by stamp release
The corporate stamp was unveiled by Sharada Sampath, Chief-Postmaster-General, Karnataka Circle in the presence of SN Subrahmanyan, CEO & MD, Larsen & Toubro, Arvind K. Garg, Executive Vice-President, Construction & Mining Machinery Business, L&T and LK Dash, Postmaster-General, Bangalore HQ.
Demand for high productivity and high-capacity machines are increasing
With over 330 years of innovation and passion, Husqvarna India Products provides construction professionals with support, service and a wide range of machines, diamond tools and all accessories that you need to cut, saw, drill, demolish, grind and polish concrete.
Innovation & Indigenization has been a way of life at AJAX
“Innovation & Indigenization has been a way of life at AJAX, and we are proud to be a self-reliant Indian company for almost three decades” – Ajay Aneja, Chief Marketing Officer
L&T, Gulf Oil jointly launch genuine oils for CE
Construction and Mining Machinery Business of Larsen & Toubro Limited (L&T-CMB) and Gulf Oil Lubricants India have collaborated to launch a range of genuine oils to cater to the distinct and technologically progressive needs of the Construction Equipment sector.
Success Story: Smart solutions to augment steel production
The Mobilgrease XHP 461 is a part of the Mobilgrease XHP™ 460 Series that has been designed to outperform conventional products by applying high performance proprietary lithium complex manufacturing technology.
L&T, Gulf Oil jointly launch genuine oils for CE
Strategic partnership will address the evolving needs of the CE sector
Arvind K. Garg is EI Person of the Year 2021
Garg was awarded at the 9th Equipment India Awards.
Castrol India launches Fourth Edition of Super Mechanic Contest
This year’s edition, conducted in partnership with the TV9 network, will cover over 100,000 mechanics across India through learning programs and live masterclasses
AJAX Engineering plays an important role in building modern India by truly being an Atmanirbhar Bharat company.
“With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the “Atmanirbhar Bharat” initiative and create employment opportunities in the country.” Mr. Jagadish Bhat, MD & CEO, AJAX Engineering.
Construction sector: A huge contributor to country's development initiatives
Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.
Construction sector: A huge contributor to country's fast-paced development initiatives
Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.
Tata Motors launches all-new Ace Gold Petrol CX
Tata Motors, India’s largest commercial vehicle manufacturer, launched an all-new variant of its most popular small commercial vehicle (SCV), the Ace Gold Petrol CX starting from Rs 3.99 lakh
Tata Motors, CSC join hands to widen reach in rural India
Tata Motors, India’s largest commercial vehicle manufacturer, announced the signing of Memorandum of Understanding (MoU) with Common Service Centre Scheme (CSC) e-Governance Services India Limited, in a collaborative effort to bring Tata Motors commercial vehicles to rural customers, across India.
AJAX plays an important role in building modern India
With our indigenously manufactured product portfolio and engineering expertise, we are playing an important role in building modern India by catering to the Indian as well as the global market requirements.
L&T bags order for Titanium Clad Oxidation Reactor from Technip Energies
The company develops indigenous technology for the critical equipment
Tata Motors, CSC join hands to widen reach in rural India
Ministry of Electronics and IT’s wide network will enable ease in buying of commercial vehicles, under Digital India programme
Sanjay Koul of CMD, Timken: Govt programmes will have direct impact on demand for bearings
Sanjay Koul, Chairman and Managing Director, Timken India, speaks on the latest trends in bearings for construction equipment (CE) applications, and emerging technology trends.
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.
ICEMA inaugurates new office in New Delhi
Strengthening the Indian Construction Equipment Manufacturers Association (ICEMA) secretariat by way of setting up of a new office space in New Delhi is an integral step towards achieving the Industry’s Vision Plan 2030: Building the Nation” said Sandeep Singh, President ICEMA while inaugurating the newly opened office.
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.
At CASE, our backhoe loaders are replete with advanced features
Backhoe loaders are one of the most popular and in demand construction equipment currently, accounting to nearly 65 per cent of the construction equipment segment in India.
Tata Motors launches all-new Ace Gold Petrol CX
The Ace Gold Petrol CX will aim to reinforce its position as the most preferred mini-truck for budding entrepreneurs
Indian Steel Association welcomes approval of PLI scheme
The Indian Steel Association welcomes the cabinet approval of PLI Scheme
ICEMA inaugurates new office in New Delhi
ICEMA’s New Office to help drive Construction Equipment Industry’s Vision 2030 Plan
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
Govt programmes will have direct impact on demand for bearings in the CE market
Sanjay Koul, Chairman and Managing Director, Timken India Limited
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.
BEML records highest ever turnover
Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.
BEML rolls out mechanical minefield marking equipment
BEML Limited, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical Minefield Marking Equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.
Restart of govt flagship programmes will lift up excavators market in 2021
According to the Off-highway Research, the sale forecast for crawler excavators from 2019-2024 is 24 per cent whereas the mini excavator market is expected to grow by 39 per cent during the given duration.
We expect the market for hydraulic excavators to grow by 20%
The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.
BEML rolls out mechanical minefield marking equipment
BEML, one of the leading public sectors under Ministry of Defence, GoI, has rolled out the first prototype of Mechanical minefield marking equipment Mk-II, built on BEML TATRA 6x6 an ‘Atmanirbhar’ product, developed through TOT from R&D E Engineers, DRDO.
L&T completes 75 years of CMB biz
Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, has completed platinum jubilee of one of its oldest businesses, construction and mining machinery business (CMB).
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