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.

Bridgestone India appoints Hiroshi Yoshizane as MD

Bridgestone is a global leader in tyres and rubber

Fecon acquires Stumper Industries

Stumper is a manufacturer of stump grinder attachments

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.

Revolutionising construction

Automation in construction equipment has the potential to improve productivity, safety, and efficiency, leading to significant advancements in construction practices.

Volvo and Eicher products acknowledged at the 14th Apollo CE Awards

VE Commercial Vehicles - A Volvo Group and Eicher Motors Joint Venture have won six prestigious awards for their modern range of vehicles in India, all of which are backed by smart industry-leading solutions at the recently concluded Apollo CV awards 2023.

Volvo and Eicher products acknowledged at the 14th Apollo CE Awards

Volvo 9600 Seater and Sleeper Coach wins Coach of the Year (Premium Category)

PPS receives Atlas Copco’s Distributor of the Year Award

Giving the award, Alexander Pavlov, General Manager, Atlas Copco Compressors, said: “As a Premier Distributor, PPS has achieved outstanding results over the year that have seen a 90 per cent growth in new equipment sales, a 28 per cent increase within its service business, and the completion of several high-value major projects

Schwing Stetter unveils premium mini excavators in Kerala

All the models are embedded with the latest technology. Some of the other amenities that the machines have are boom deflection, Zero tail, modern canopy and AC cabin, for fatigue free operation of the operator, as well as built in Self Diagnostic modules for easy service and maintenance.

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.

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.

Gen M M Naravane visits BEML Stall at AERO INDIA 2021

Gen M M Naravane visits BEML Stall at AERO INDIA 2021

BEML to showcase aerospace products at AERO INDIA 2021

BEML is showcasing some of its prime products during AERO INDIA 2021, the biennial mega Aero exhibition, being held in Bangalore, from February 3-5, 2021.

Safeguarding the industry

The construction equipment industry is going through a never-seen before sales scenario as the volume witnessed a steep fall of 70 per cent in April-June 2020 quarter, as per the findings of the CRISIL Research.

Rolls-Royce signs MoU for mýa Platform

Andreas Schell, CEO of Rolls-Royce business unit Power Systems and Dr. Uwe Lauber, CEO of MAN Energy Solutions have signed a Memorandum of Understanding (MoU) to collaborate on mýa, the open asset and fleet management system

Service Lifecycle Management Solution

The new solution establishes an end-to-end digital thread between equipment manufacturers and the owner/operators of that equipment by leveraging elements of the Xcelerator portfolio from Siemens Digital Industries Software and IBM Maximo®.

New Director (Defence Business) at BEML

AK Srivastava has assumed charge as Director (Defence Business) and nominated as member of the Board of BEML. Prior to this elevation, he was Chief General Manger, BEML Defence (Marketing).

Siemens, IBM deliver Service Lifecycle Management solution

Siemens and IBM announced the availability of a new solution designed to optimise the Service Lifecycle Management (SLM) of assets

Hyundai CE partners with KT

Hyundai Construction Equipment (Hyundai CE) signed a Memorandum of Understanding (MOU) with KT to introduce information and communication technologies (ICT) on its range of forklifts.

Tata Motors provides holistic support to transport ecosystem

Tata Motors has been comprehensively supporting the transport ecosystem to ensure all necessary supplies remain uninterrupted and seamless, nationwide

New Director (Defence Business) at BEML

AK Srivastava has assumed charge as Director (Defence Business) of BEML.

Hyundai CE partners with KT

Hyundai Construction Equipment (Hyundai CE) signed a Memorandum of Understanding (MOU) with KT

Bosch Power Tools India appoints new Regional Business Director

Bosch Power Tools India has appointed Nishant Sinha as the Regional Business Director for India & SAARC.

Rolls-Royce, ASI Mining to optimise MTU engines for autonomous operations

Rolls-Royce and ASI Mining have agreed to ensure compatibility of MTU engines and ASI?s Mobius command and control software for autonomous vehicles.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

Srei to augment infra and equipment finance businesses

Srei Infrastructure Finance announced its decision to augment the capital of both its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

"Backhoe loader industry continues to grow"

The backhoe loader industry in the past two years has grown consecutively over 20 per cent year-on-year.

Pioneering Growth

Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.

New leadership at Hyundai Construction Equipment India

Hyundai Construction Equipment India Pvt Ltd announced Eun Soo Lee as the new Managing Director for India operations with immediate effect. He succeeds JY Kim who will be taking over as the Global Head ? Direct Sales & Service and would be operating from the head office at Seoul, South Korea.

Piggybacking earthmovers growth

Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.

Escorts appoints new CEO,CE Business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

Creating Value for Mining Machinery Companies through Services

Service strategy of any mining machinery service companies should be designed to maximise service-based value creation to OEM or end customers. Ranjit Ravindran elaborates...There is no one-size-fits-all service strategy to suit every machinery company, but there are three broad models that cover how most can make money from services

Escorts appoints Ajay Mandahr as CEO of CE business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

Expectations Post Monsoons

Slowdown in construction activities, all around the country, is a predictable annual feature. It is time for the industry to recharge its batteries, rejuvenate equipment fleets, invest in skill development and be ready to meet the frenzy post monsoons.

We are extremely bullish on OTR segment from a long-term perspective

Historically speaking, specialty definition for us is OTR tyres for both India and international markets, while for agriculture, it is only international. Indian agriculture is not treated as part of specialty business, for various reasons. We came out with our first specialty tyre in early 1980s starting with the port segment.

RECAP | NEW INITIATIVES

The CE business spectrum encapsulates many allied aspects which are significant channel partners adding value to customers.

Setting New Standards

SAMIL aims to capture a large share in the market as the government has allotted huge amount towards construction of new highways and road network all over the country.

Uplifting Future

Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment

A prime mover

Sumit Mukherjee, Chief Product & Programme Officer at Magma Fincorp, has over 23 years of experience in the retail finance business. He has been with Magma for seven years and has headed various functions in Credit and Sales.

An industry veteran

Sumit Mukherjee has a total experience of 23 years in the retail finance business. Currently, he is the Chief Product & Programme Officer at Magma Fincorp. He has been with Magma for seven years and has headed various functions in Credit and Sales.

Movers & shakers

Konecranes invests heavily in R&D to bring in new technologies and innovation.

The future trend in material handling systems will be lighter and higher-efficiency equipment. The power consumption, material of construction, operating noise levels and eco-friendly features of these equipment will play a big role while introducing new products in the market, says Saeesh Nevrekar, Country Manager & Managing Director, WMI Konecranes India

German companies are planning more investments in India.

German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

The Rupee Impact

The depreciation of the Indian rupee has had its adverse impact on the manufacturing sector, especially OEMs who import various components. To the extent possible, OEMs are trying to localise production, but that is just a part of it. What the industry is looking is for concrete measures that can bring life back into the economy and trigger growth in a sustainable way.

The group will invest over EUR one billion to further strengthen and expand ZF's position.

ZF is a leading worldwide autom?otive supplier for driveline and chassis technology, with 121 companies in 27 countries. In 2012, the group achieved a sales figure of EUR 17.4 billion with about 75,000 employees. ZF was founded in 1915 for the development and production of transmissions for airships and vehicles.