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Gmmco: A one-stop solution provider

Customers look to Gmmco to offer complete solutions be it new equipment, used equipment, rental, buyback, tailor-made product support solutions, etc.

More EPC companies join MYCRANE

Three more global engineering, procurement and construction (EPC) companies have registered at the MYCRANE platform, following successful meetings at the recent bauma CONEXPO event in India.

More EPC companies join MYCRANE

Larsen & Toubro (L&T), Tata Projects and IRB Infrastructure have all completed the customer registration process

Gmmco: A one-stop solution provider

Established in 1967, Gmmco is part of the $2.8 billion diversified CK Birla Group. Gmmco is a priority Caterpillar dealer for south, central and western India selling mining, construction and energy equipment to customers including CIL, SCCL, and other state-owned enterprises. Gmmco offers a one-stop solution shop for all industrial requirements.

Gmmco: A one-stop solution provider

Gmmco, a part of the $2.8 billion diversified CK Birla Group, has a wide portfolio of construction equipment, including excavators, loaders, motor graders and off-highway trucks. Proven technological leadership, superior build quality, optimum costs and an efficient service network make Caterpillar equipment stand apart from competitors.

Focus on infra to revive economic growth

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

ABB’s HVAC to ensure safe ventilation of Chennai Metro

ABB’s HVAC to ensure safe ventilation of Chennai Metro

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.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

EQUIPMENT INDIA Awards 2020 to be held online

In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020

Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL

Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity

Digital Disruptions in Construction Rentals

Digital disruption is pushing customers and contractors to move from asset ownership towards a lease or rental model, writes Anant Raj Kanoria.

Revenue growth to halve for EPC road cos through FY21: CRISIL

Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

Rental market can grow by at least 20 per cent in the next 3-4 years

Ajashy Engineering Sales launched Maquina, first of its kind equipment management portal in Asia at the recently concluded Excon 2015. Amit Nagpal, Director, Ajashy Engineering Sales, elaborates on the benefits of this platform for equipment

Integrated Load Handling Solutions

With a myriad of attachments, truck-mounted cranes have created niche applications segments with faster, safer and more productive solutions.Construction industry has been witnessing a shift towards using safer, more advanced technology, especially application-oriented equipment and machinery

Punj Lloyd gets road contract from GMR

Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has received a letter of intent from GMR Projects for undertaking design, engineering, procurement and construction of 124 km of six lane of Chittorgarh bypass to Udaipur, in the state of Rajasthan. Worth Rs 1,050 crore, the project is scheduled for commissioning in 36 months.

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