Great Place to Work®, the global authority in workplace culture assessment and recognition, has re-certified CNH Industrial (India) Pvt. Ltd. in its 2021 company ranking in India. This is the second consecutive year of certification for the Company.
ASE Construction Equipment has launched its CX220C crawler excavator in the Indian market. The excavator is made in India at CASE’s state-of-the-art manufacturing plant in Pithampur (Madhya Pradesh).
Mahindra Logistics (MLL) recently signed a memorandum of understanding (MoU) with 1Bridge, a Bengaluru-based social enterprise and one of India’s largest village commerce networks, to work together on last-mile delivery and distribution of products in rural India.
SKF India has signed a memorandum of understanding (MoU) with Tata Community Initiatives Trust (TCIT) to explore and develop skill development initiatives through Tata STRIVE, an initiative of the Tata Trusts that addresses the national challenge of skill development of the youth.
The Construction and Mining Equipment business of Larsen & Toubro has secured multiple orders for supply of 90 units of Komatsu mining equipment from Coal India subsidiaries, leading infrastructure companies engaged with the coal sector and customers from the cement and iron ore sectors.
As per the industry performance review for the first half (H1) of fiscal 2020-21 announced by the Automotive Component Manufacturers Association of India (ACMA), the turnover of the automotive component industry stood at Rs 1.19 trillion for April-September 2020, registering a de-growth of 34 per cent over the same period last year.
The Indian stainless steel industry has urged the Union Government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22.
JCB India inaugurated its largest parts centre at Bhaproda, Haryana. The facility spread over 150,000 sq ft will provide parts support to the northern Indian region. It will cater to 15 dealer locations and contribute almost 40 per cent to JCB’s parts business in India.
Rajaram Krishnamurthy, Vice President - Marketing & Sales and Customer Services, DICV, shares his thoughts on the market scenario and the company’s strategy going forward.
After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.
PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.
Castrol India Limited, India’s leading automotive lubricants company, announced the appointment of Jaya Jamrani as vice president – marketing effective from 1 January 2021 to lead Castrol’s marketing function for India.
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.
Daimler India Commercial Vehicles (DICV) inaugurated 10 new touch-points for BharatBenz commercial vehicles in an online event. Together the new facilities will add around 300,000 sq f of workshop space including more than 40 mechanical bays.
Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.
Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.
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.
Samip Desai, Director, Moba Mobile Automation (India), talks on the growing importance of control technologies and solutions offered by the company.
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.
Aditya Vazirani, CEO of Robinsons Global Logistics Solutions, elaborates on the factors that will drive the growth of Indian warehousing and logistics in 2021.
At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
The company helped all its 35 dealers steer through the challenging phase by implementing multiple initiatives to sustain and improve the cash flow for the dealer partners.
The scope for the MAHSR - C4 package includes the construction of viaducts, stations, major river bridges, depots, and other auxiliary works.
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.
The market is now looking at a new dawn with a number of new projects. Shantanu Sinha, Executive Director, Trenchless Toolbox, elaborates on the current market scenario and the company’s plans ahead.
Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications. Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment.
In a projects ElectroMech has a stated strategy of Cranes & Beyond. Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems (India), elaborates more on the company’s activities and the market trends in post-pandemic scenario., the ongoing projects simply cannot be stopped and these need to be completed and taken to their logical conclusion. Hence, when it comes to crane orders for big projects under execution, the orders are still being finalised in the industry. The pandemic had put a pause on the entire activity in the market for a few months. However, the market has almost got back to the pre-pandemic days and business seems to be back to normal.
Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.
The SEZ is ready to house a diverse set of industries – electronics, medical equipment, general engineering, auto ancillaries and components, solar and many more.
Expressing its gratitude towards the frontline workers of Pimpri Chinchwad Municipal Corporation (PCMC) who have been working relentlessly in keeping the city safe from COVID-19 spread, SKF India under its CSR program has extended financial support of Rs 5,04,000.
Sahaj Retail, an initiative of Kanoria Foundation for social development in rural India, has appointed Amit Kumar Singh as its Chief Executive Officer with effect from September 1, 2020.
It is an efficient and easy-to-use low-cost solution designed specifically for comprehensive condition monitoring of all process-critical assets across entire machine and equipment.
The stage is now set for the implementation of the new emission norms in the construction equipment vehicles (CEVs) and tractor segments with the notification of the Ministry of Road Transport and Highways (MoRTH) in this regard.
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
Prime Minister Narendra Modi is all set to inaugurate the world’s longest railway tunnel above 10,000 feet height on October 3. The Atal Tunnel is being completed at the most difficult time of coronavirus pandemic.
The Delhi-Mumbai Expressway is one of the most prestigious expressway projects in India in current time. The highway will start near Gurugram at Sohna and will end at JNPT, near Mumbai. With a total length of 1,353 km, the expressway is divided into 49 packages (31 packages in Delhi-Vadodara section, 13 packages in Vadodara-Mumbai section and five packages in Mumbai-JNPT section).
Tata Hitachi pioneered the mini excavator market by introducing the first indigenously developed 2T TMX20, way back in the 1990s. Rahul Shorey, Head Sales – Construction, Tata Hitachi Construction Machinery Co, shares more on the market trends.
Like automotive industry, emerging advanced technologies are helping mining industry to upgrade as well as digitise their operations. According to various report, India is one of the largest exporters of iron ore, chromite, bauxite, mica and manganese.
For warehousing, Kool-ex has partnered with IndoSpace to build customised, GDP/GWP compliant, temperature controlled, pharma distribution centres across the country.
The Metallurgical and Material Handling Business of L&T Construction has secured an order from Northern Coalfields for a coal processing and load out package to be installed at the Dudhichua Mines located in Uttar Pradesh.
Informa Markets (formerly UBM India), India’s leading B2B exhibition organiser, and K and D Communication (KDCL) in a joint venture, unveiled a brand new exhibition ‘InfraConex’ that will cater to the Indian construction equipment sector.