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Road ahead for CE industry

Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.

We aim to bring Indian MHE up to global standards at half cost

The material handling equipment market in India has shown substantial growth. Manpreet Sachdev, Founder & CEO, Elite Material Handling Company, highlights new trends like AGVs, drones, etc. in the material handling space.

Unmanned manufacturing operations are now a reality

Avcon Systems has extensive product offerings to solve challenges in the material handling equipment (MHE) space. Aniket Sawarkar, CEO, Avcon Systems, shares insights on the evolving material handling processes in India.

Hydrogen-Powered Revolution!

As the hydrogen-powered revolution gains momentum, India stands at the forefront of a cleaner and more sustainable automotive future.

Construction of Chennai’s ORR project likely to begin by Jan 2024

The construction of the proposed Outer Ring Road (ORR) project in the capital is likely to begin in January 2024.

Govt approves Rs 179.39 bn for UP Capital Investment Projects

The Union government has granted approval for Rs 179.39 billion to be allocated to various capital investment projects under the Special Assistance to States for Capital Investment 2023-24 Scheme for the Uttar Pradesh government.

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.

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.

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.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

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.

Stainless steel industry seeks import duty cut on key raw materials

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.

Stainless steel industry seeks import duty cut on key raw materials

ISSDA seeks exemption of the 2.5 per cent basic customs duty levied while importing key raw materials

Mechanised scavenging to be made mandatory

Government will amend the Manual Scavenging Act to make mechanised cleaning mandatory.

Govt proposes separate emission norms for CE and agri machinery

The Union Government has issued a draft notification for separate emission norms for agriculture machinery and construction equipment vehicles.

Highway construction yet to pick up: CRISIL

The highway construction in the country is yet to gather momentum in spite of the relaxation for construction sector in the country.

AJAX is all set to bounce back with resilience

To set the ball rolling, AJAX has become more resilient, adaptive and competitive like ever in this complex and uncertain period of pandemic with resilience and resourcefulness, says Debasis Bhattacharya, Head - Marketing, Sales & Product Support, AJAX Engineering.

The World Has Changed

While at EXCON 2019, Union Minister Nitin Gadkari brought smiles to the faces of the worried construction equipment (CE) industry captains, the pandemic outbreak has wiped that smile into oblivion.

Government?s coal mining plans in FY20

The Union Government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal in addition to exploration and drilling of coal blocks allocated to Coal India (CIL), according to Pralhad Joshi, Union Coal Minister.

Govt takes note of CERA?s demands

The Union Government has taken note of the request submitted by the Construction Equipment Rental Association (CERA) on issues related to GST on equipment rental services

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.

Paving to perfection

Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Infrastructure Revival to Push CE Growth

The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

Indian customers are gradually becoming safety conscious

Aerial Work Platforms (AWPs) can make a difference in a company?s day to day operation. There is a broad spectrum of models with a variety of lift heights suitable for almost any work requirement.

Buoyant Future

An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.

Waking up to New Demand

The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.

Budget bites

The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.

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