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May-10

Mailhot Industries has become a North American leader in hydraulic cylinder manufacturing.

Mastering Hydraulic Hose Selection

Choosing the right hydraulic hoses is critical for system performance and safety. This article offers essential insights into hose selection, covering factors like pressure ratings, diameters, materials, and safety considerations, ensuring optimal functionality and risk mitigation.

Dhami cabinet approves clean urban transport policy

The Dhami-led cabinet has taken a significant step towards promoting sustainability in urban areas with the approval of a new policy focusing on clean urban transport.

Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Ammann Group to Acquire Volvo CE's ABG Paver Business in Strategic Agreement

The transaction is expected to be finalised in the first half of 2024

LAPP unveils groundbreaking SPE portfolio

Pioneering future-ready industrial connectivity solutions

Avoid Tunnel Vision Syndrome

The Uttarkashi Tunnel Collapse signals the risk to our Rs 100 trillion infrastructure investment says PRATAP PADODE

New energy equipment at BICES 2023

BICES has clearly become a significant platform and support for the construction machinery industry.

Delhi’s 2041 master plan offers $ 100 bn opportunity

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities, totaling $100 billion over the next two decades.

MET approves 309 mineral exploration projects worth Rs 21 bn

The National Mineral Exploration Trust (NMET) has granted approval to 309 projects with an estimated total cost of Rs 21 billion for conducting regional and detailed exploration activities throughout the country

Uttar Pradesh plans Rs10 trillion investments

The Uttar Pradesh government aims to make the state an attractive investment hub by launching private industrial and infrastructure projects worth nearly Rs 10 trillion by December this year.

The New Concrete Frontier

Contractors must adopt advanced, efficient concrete equipment to meet growing project sizes, tight deadlines, and high-strength concrete demands.

Chandigarh Tricity's comprehensive mobility plan seeks UMTA approval

After the refusal of the Union Ministry of Housing and Urban Affairs (MoHUA) to approve the Comprehensive Mobility Plan (CMP) for Chandigarh and Tricity citing that it was not within their domain the UT administration has taken the initiative to seek approval for the CMP during the upcoming meeting of the Unified Metro Transportation Authority (UMTA).

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.

Selecting the right hydraulic hose

Hoses typically become heavier for any given length, with added layers of reinforcing wire, as the working pressure requirement increases.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

Improving Performance of Crane Manufacturers

Bonfiglioli’s HF series gear motors for hoisting application offers several features that help hoist designers to make optimised selection.

DMIC logistics hub construction set to start this year

To oversee the project DMIC-IITGNL (Integrated Industrial Township Greater Noida) a joint venture between DMIC and the Greater Noida Authority is seeking to hire a project consultant for the MMLH.

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.

Chilla Elevated Road gets budget approval for Rs 8.01 bn

The Chilla Elevated Road which has been postponed since 2021 owing to a shortage of funding is finally going to move forward after the allotment of the budget of Rs 8.01 billion.

Haryana roads, bridges approved by centre for Rs 8.74 bn

Dushyant Chautala Deputy Chief Minister Haryana announced that 11 roads and as many bridges in the state will be widened and strengthened at a cost of approximately Rs 8.74 billion under the Central Road and Infrastructure Fund (CRIF) scheme of the Union Ministry of Road Transport and Highways.

Rs 250 bn solar equipment factory approved by HLCA in Odisha

The high-level clearance authority (HLCA) of the state government gave its approval to five major industrial projects a week before Chief Minister Naveen Patnaik travels to Japan to seek out investments for Odisha.

CNH Industrial to acquire Hemisphere GNSS

CNH Industrial announces that it has entered into an agreement to purchase Hemisphere GNSS (Hemisphere), a global leader in high-performance satellite positioning technology, currently owned by Unistrong, a company incorporated in the People’s Republic of China.

CNH Industrial acquires machine vision company Augmenta

CNH Industrial has purchased Augmenta to accelerate the growth of its innovative Sense & Act technology.

CNH Industrial to acquire Hemisphere GNSS

Hemisphere is a leader in high-performance satellite positioning technology, currently owned by Unistrong

We are hopeful to maintain a steady growth of around 15 to 20%

Subrata Mitra, Group President, Vishwa Group of Companies

CNH Industrial acquires machine vision company Augmenta

Smarter agricultural sprayer capabilities lead to greater gains for farmers

Bringing sustainability to the fore

JCB has continued to make concerted efforts to conserve and optimise the use of energy.

ADB and EIB to help MahaMetro raise Rs 3,586 cr for Nagpur Metro phase-II

The first phase was funded by France’s AFD and KFW a German agency

We are looking for new products and new markets

Subrata Mitra, Group President, Vishwa Group of Companies, speaks on the major products of the company for the mining industry.

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.

Rhenus expands presence in Indian logistics industry

The Rhenus Group, as a global logistics service provider, has expanded its warehousing footprint by launching two new multi-user chemical warehouses in Jamalpur (Gurugram) and Bhiwandi (Mumbai).

Rhenus expands its presence in Indian logistics industry

The company will be launching two new multi-user chemical warehouses in Jamalpur (Gurugram) and Bhiwandi (Mumbai).

Elgi Equipments' March 2022 net sales at Rs 727.61 cr

Consolidated sales for the fourth quarter was Rs 728 crore as against Rs 611 crore in the corresponding quarter in 2020-21.

Chennai MRTS and Metro Rail have been merged by Indian Railways

Due to massive losses and a lack of cooperation between the two administrations the Southern Railway of Indian Railways (IR) has given its in-principle approval for a long-awaited merger proposal of the Chennai Mass Rapid Transit System with Chennai Metro Rail.

Haryana govt likely to approve new Gurgaon-Delhi metro link

The Haryana government is likely to give its approval for a proposed link connecting Gurugram’s Palam Vihar with New Delhi’s Dwarka Sector 21.

Centre approves development of 21 Greenfield airports

Minister of Civil Aviation V K Singh told the media that the Indian government had given ‘In Principle’ approval to establish 21 Greenfield airports across the nation.

Govt to allow retro fitment of CNG kit to replace diesel engines in BS-VI vehicles

The Ministry of Road Transport & Highways has proposed to allow modification via retro fitment of CNG kit and replacement of diesel engines with CNG engines, in case of BS-VI vehicles, less than 3.5 tonne.

Welspun One, Haryana ink MoU to develop large-scale warehouses

Welspun One Logistics Parks (WOLP), a development and asset management platform, has signed a Memorandum of Understanding (MoU) with the Haryana Government to build large scale warehousing facilities across the state.

Kohler Engines approves use of HVO for diesel engines

Kohler Engines said it will be using hydrotreated vegetable oils (HVO) in all its diesel engines.

Kohler Engines approves use of HVO for diesel engines

Kohler Engines said it will be using hydrotreated vegetable oils (HVO) in all its diesel engines.

J&K lags in PMGSY target of 4,841 km road laying

The J&K Union Territory administration informed the centre that it will not be able to execute the road length construction of over 3,300 km under the PMGSY or Pradhan Mantri Gram Sadak Yojana in the ongoing fiscal having a target of 4,841 km.

Indore development body nods Rs 1,207 cr for town planning projects

The Board of Indore Development Authority (IDA) approved infrastructure development works of Rs 1,207.39 crore of five Town Planning Scheme (TPS) projects proposed over 1,700 acres.

Budget 2022 and a big infra push

The union budget can be termed as a growth-oriented one, with the government focusing strongly on world-class infrastructure development.

Bio Diesel Summit

Hosted by ICEMA, the Bio Diesel Summit, which was held virtually on January 24-25, 2022, stressed on substituting diesel with alternative fuels.

Govt to allow retro fitment of CNG kit to replace diesel engines in BS-VI vehicles

As of now, retro fitment of CNG and LPG kits is permissible in motor vehicles under the BS-IV emission norms.

John Deere to hold majority ownership in Kreisel Electric

John Deere is ready to acquire majority ownership of Kreisel Electric, an Austrian-based developer of immersion-cooled, high-density battery technology.

John Deere to hold majority ownership in Kreisel Electric

John Deere is ready to acquire majority ownership of Kreisel Electric, an Austrian-based developer of immersion-cooled, high-density battery technology.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Kubota increases its stake in Escorts

Escorts and Kubota, a global leader in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery.

Voltas plans compressor manufacturing unit

Leading domestic air-conditioner maker Voltas plans to set up a compressor manufacturing unit in partnership with an international partner and will invest around Rs 500 crore, said a top company official.

Kubota increases its stake in Escorts

This partnership with Kubota will enable Escorts to have access to global best practices and state of the art research & development facilities.

Deere, Hitachi to dissolve 33-year joint excavator venture

John Deere and Hitachi are dissolving their joint venture of more than 30 years for manufacturing excavators in North and South America.

7th India Construction Festival

Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.

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.

Indian Steel Association welcomes approval of PLI scheme

The Indian Steel Association welcomes the cabinet approval of PLI Scheme

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

The D-factor

Where the demand will be coming from for the construction equipment industry?

Coal India approves record 32 mining projects at Rs 47K cr

Scripting a record high, Coal India Limited (CIL) has approved 32 coal mining projects in the current fiscal till January 2021, which indicate an estimated incremental capital of around Rs 47,300 crore.

Bharat Road Network, Cube Highways sign deal for sale of 126-km road project in UP

BRNL along with its partners inks deal for complete transfer of ownership in an operating toll road project from Ghaziabad to Aligarh on National Highway 34

Tata Motors, SBI join hands to offer financial solutions to CV customers

Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles

Raimondi Cranes dealer inaugurates 5 LR273 luffing cranes

Raimondi Cranes SpA, heritage manufacturer of precision heavy lifting machinery for more than 150 years, announced the appointment of Korea’s La On as the country’s official dealer of its tower and luffing cranes and its range of crane accessories.

Raimondi Cranes dealer inaugurates 5 LR273 luffing cranes

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

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.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

322 projects awarded under bharatmala

A total of 322 projects in a length of 12,413 km have been awarded under Bharatmala Pariyojana till August 2020. Further, 2,921 km has been constructed under the project till the same date.

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

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.

BorgWarner Completes Acquisition of Delphi Technologies

The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale.

L&T completes divestment of E&A business to Schneider Electric

Larsen & Toubro (L&T) announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric.

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

APM Terminals Pipavav’s board approves Rs 700-cr expansion plan

APM Terminals Pipavav (Gujarat Pipavav Port) has announced the approval of Rs 700 crore in coherence to the expansion plan of the company.

Registration and driving licence not needed for road making machines: MoRTH

The Ministry of Road Transport and Highways (MoRTH) has clarified that the heavy road making machinery is not a motor vehicle, and is not covered under MV Act.

GALLOCK® - complete safety under heavy vibrations

Gala Precision Engineering announced the successful development and distribution of wedge lock washer GALLOCK®. These washers are used to safely secure bolted joints exposed to heavy vibrations and dynamic load.

We are very positive towards underground mining

For underground coal mining, continuous miner technology has proved to be flexible, productive and more suitable for Indian conditions. Shib Bhowmik, Managing Director, Komatsu Mining Corp, India, shares more on the current scenario and technology trends in underground mining.

Govt to auction 5 mineral blocks

The government will auction five mineral blocks in Gujarat and Karnataka having reserves of 667.2 million tonnes.

Maharashtra offers quick approvals

Maharashtra Chief Minister Uddhav Thackeray in a meeting with industrialists assured that the state government would give quick approvals for new projects and extended all the required support till the commissioning of the project.

We have a huge focus on Indian market

With three full-fledged warehouses in Bhiwandi, Bengaluru and Gurgaon, Jungheinrich is expanding its reach across the regions in the country. Manojit Acharya, Managing Director, Jungheinrich Lift Truck India, shares more on the market scenario and the company’s plans for the Indian market.

Towards better Mining

The measures announced by the government for mining industry are expected to have a positive impact in the coming years.

Maharashtra CM offers quick approvals for industry projects

Maharashtra Chief Minister Uddhav Thackeray in a meeting with industrialists assured that the state government would give quick approvals for new projects

Coal Ministry initiatives to improve mining efficiency

The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.

MMRDA restarts work on major projects

The Mumbai Metropolitan Region Development Authority (MMRDA) has decided to restart construction on all nine Metro corridors, in non-containment zones in the city from April 20.

Schaeffler India restarts Savli plant

Schaeffler India announced the resumption of operations in Savli plant in Vadodara. The operation in the plant situated in GIDC Park resumed post government approval and following all safety norms directed by the Ministry of Home Affairs (MHA).

New Opportunities

Upcoming infrastructure projects in metro rail, bridges, railway and irrigation are going to drive the demand for foundation equipment in the coming years, writes Karan Chechi.

Schaeffler India restarts Savli plant

Construction and infra activities will pick up and normalise in the next two months

Construction activities will normalise in the infrastructure sector in a couple of months with up to 80-90 per cent of operations, which is good enough to sustain in the present conditions.

Indian CE Market Overview

In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.

Government plans to set up 13th major port

The Union Cabinet has given its "in-principle" approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.

Liebherr concrete plant supporting world's largest sea lock project

In order to make Amsterdam accessible for the new generations of ships with even larger dimensions, the largest lock in the world will be built in IJmuiden located at the south of the 27-km long North Sea Canal, which connects Amsterdam with the sea.

iQuippo launches upgraded financial portal

iQuippo launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

APSEZ to acquire Krishnapatnam Port Company

Adani Ports and Special Economic Zone (APSEZ), India's largest port developer, operator and the logistics arm of the Adani Group, will be acquiring a controlling stake of 75 per cent in the Krishnapatnam Port Company (KPCL).

Liebherr concrete plant supporting world?s largest sea lock project

In order to make Amsterdam, one of the most important European ports, accessible for the new generations of ships with even larger dimensions, the largest lock in the world will be built in IJmuiden located at the south of the 27-km long North Sea Canal, which connects Amsterdam with the sea.

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