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Entering an era of transformation

Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.

Vedanta to invest $15 bn in semiconductor, display unit ventures

The Vedanta Group, led by Anil Agarwal, is preparing for two individual ventures which may witness investments of around $15 billion in chip and display manufacturing space across the country.

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.

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.

Converting challenges to opportunities

A long way to go and difficulties and challenges to face, for them it is all about converting these challenges into opportunities. Mayur Alandkar, Co-founder, elaborates more on the firm and its ambition.

Successful Year for DICV

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler AG, experienced a successful year 2015 as domestic sales increased by 37 per cent to 14,000 units on the strength of the BharatBenz brand?s powerful product lineup.

AMW and L & T Finance announce financing relationship

AMW Motors has entered into an agreement with L & T Finance to provide competitive retail financing options for its range of medium and heavy haulage vehicles and tippers. The Memorandum of Understanding was signed by A Ramasubramanian ? President AMW Motors and GC Rangan, COO, L&T Finance.

Brake linings

Bremskerl Friction Material India, a subsidiary of Bremskerl, Germany, is a supplier of brake rings, brake linings, clutch linings, brake pads and friction materials. The company caters to products for truck and bus brands like Mercedes-Benz, MAN, Kassbohrer, Renault, Scania, Volvo, Steyr, Iveco, Bova, Auwarter, EVO and DAF. It also caters to special purpose vehicles and trailer brands like BPW, SAF, SAE, SMB, ROR, Krupp, Mannesmann-Demag,

NHAI loses Rs 874 cr on project delays: CAG

The National Highways Authority of India (NHAI) has incurred a loss of around Rs 873.85 crore due to delay in completion of port road connectivity (PRC) projects. This was stated by the Comptroller and Auditor General of India (CAG) and it observed this while reviewing the operations of special purpose vehicles (SPVs) formed for implementation of PRC projects that connect major ports.

Steadily chugging ahead

Even though the road sector in India continues to face multiple challenges, a strong pipeline of projects supports long term prospects. Around $180 billion investment is earmarked for the road sector, which is the highest ever investment for any Five Year Plan, and this should have a very positive impact on the construction equipment industry. The prime factor favouring the growth of the road equipment industry is the sheer scale of work still to be done in this sector.

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