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Construction

Volvo Trucks India launches 6 new heavy-duty trucks from FM & FMX range

Volvo Trucks India launches 6 new heavy-duty trucks from FM & FMX range Volvo Trucks India, a division of VE Commercial Vehicles Ltd (VECV), has launched 6 heavy-duty trucks under the FM and FMX range in India. “We are proud to launch these new generation trucks designed to deliver higher operational efficiency to our customers. We  continue to bring world-class innovation to India and these trucks will further reinforce our role as our...

Home-buying preferences change post Covid, witness new trends

Home-buying preferences change post Covid, witness new trends COVID-19 pandemic has fundamentally changed the world as we know it. People are living differently and, in many ways, thinking differently. Consumers across the globe are looking at products and brands through a new lens. The appetite for residential property in the mid-income segment is growing, with people looking to move homes in the next 12 months because of the pandemic and subsequent...

Otis India starts online order-booking for Gen2 Prime Elevators

Otis India starts online order-booking for Gen2 Prime Elevators Otis India has launched a digital portal so customers can now book an order for a Gen2 Prime elevator entirely online. The company is the first major original equipment manufacturer in the vertical transportation industry to release this digital capability. Using the company’s online portal, customers can customize their order, get a live quote, and book their elevators from their mobile phone...

Dimitrov Krishnan takes over as President of Indian Construction Equipment Manufacturer’s Association

Dimitrov Krishnan takes over as President of Indian Construction Equipment Manufacturer’s Association The Indian Construction Equipment Manufacturers Association (ICEMA), the apex association of CE industry, elected Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India as their President for the period 2021-23 during its Annual General Meeting held virtually on July 19. Speaking about this prestigious role, Dimitrov said, "For me, this is an opportunity to give back to the industry which...

Volvo Trucks India delivers 1,000th truck to Mahalaxmi Group

Volvo Trucks India delivers 1,000th truck to Mahalaxmi Group In a landmark moment, Volvo Trucks India has delivered the 1,000th truck to one of its long-term customers, Mahalaxmi Group, today. The Volvo FMX 460 8x4 truck was received by Abji Bhai Dholu, Chairman of Mahalaxmi Group, along with the founder directors of the company Mohan Bhai, Shivji Bhai and Hira Bhai in Ahmedabad. Vinod Aggarwal, MD & CEO, VE Commercial Vehicles...

Indian Oil Joins Hands with humsafar in their Journey of ‘Safar20’

Indian Oil Joins Hands with humsafar in their Journey of ‘Safar20’ Indian Oil Corporation  (IOC) along with Humsafar India - a Delhi headquartered start-up that has launched a state of the art-user friendly app for doorstep diesel delivery service called ‘Fuel Humsafar’, has begun doorstep delivery of diesel in 20 litres ‘Safar20’  jerry cans in Karnal in the state of Haryana, for customers seeking diesel in quantities as low as...

Shell acquires full ownership of MachineMax

Shell acquires full ownership of MachineMax Shell has become the sole owner of MachineMax, acquiring the stakes held by MachineMax’ s two other investors - BCG Digital Ventures and B Capital Group – as well as the company’s two founders. In addition, Shweta Saxena assumes the role of MachineMax CEO. MachineMax helps companies to maximise the profitability and efficiency of their off-highway fleets using smart sensors and next-generation analytics. MachineMax will...

Kerala Tops Again In NITI Aayog Sustainable Development Index, Bihar Last

Kerala Tops Again In NITI Aayog Sustainable Development Index, Bihar Last Kerala has retained the top rank in NITI Aayog's Sustainable Development Goals (SDG) India Index 2020-21, while Bihar has been adjudged as the worst performer, according to a report released by the government think tank. The SDG index evaluates progress of states and union territories on social, economic and environmental parameters. As per the report, Mizoram, Haryana, and Uttarakhand are...

Former Mahindra MD Pawan Goenka joins Bosch and Sun Pharma

Former Mahindra MD Pawan Goenka joins Bosch and Sun Pharma Pawan Goenka, former managing director of Mahindra & Mahindra, retired on April 1 from the company, has joined the board of technology and engineering company Bosch as an independent director and board of pharma major Sun Pharmaceutical as an additional independent director. “Based on the recommendations of the nomination and remuneration committee and subject to the approval of shareholders, the Board...

Volvo CE takes big step towards a carbon neutral future

Volvo CE takes big step towards a carbon neutral future   As part of the company’s commitment to the Science-Based Targets initiative – a necessary measure to meet the goals of the Paris Agreement – and the Group’s long-term ambition to be 100% fossil-free by 2040, this pioneering investment will offer Volvo Group unique conditions to test and develop hydrogen fuel cell technology solutions in heavy construction machines and other applications. The...

igus unveils 168 motion plastics innovations

igus unveils 168 motion plastics innovations igus increases the pace of innovation despite the pandemic: high investments in digitalisation, logistics and remote consulting increased online sales by 30 per cent in 2020 and mitigated the decline in sales by 4.8 per cent. The motion plastics specialist is also breaking new ground in terms of sustainability and product innovation, and will be presenting more innovations than ever before with 168 tribo-polymer...

L&T completes 75 years of Construction & Mining Machinery business

L&T completes 75 years of Construction & Mining Machinery business Larsen & Toubro, an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has completed platinum jubilee of one of its oldest businesses, Construction & Mining Machinery Business (CMB). The business has supplied over 60,000 units of various equipment in India during its 75 years association with the Construction and Mining Industry. These machines have been used to create landmarks...

Hero Motors Company opens premium export oriented manufacturing plant in Ludhiana

Hero Motors Company has unveiled its new hi-end export-oriented manufacturing plant at the Hero E Cycle Valley near Ludhiana in Punjab. Hero Motors Company’s Chairman and Managing Director Pankaj Munjal said that the plant will augment the company's annual production capacity to 10 million units, with a production of 4 million premium bicycles and E Cycles, majorly for global consumption. Along with the new plant, Hero E Cycle Valley will...

JMC Projects secures new orders of Rs 1,262 Cr

JMC Projects secures new orders of Rs 1,262 Cr JMC Projects (India) (JMC), a subsidiary of Kalpataru Power Transmission, has secured building projects in India of Rs 1,059 crore. It has also bagged a water project worth approximately Rs 203 crore in Maldives. Of the total Rs 1,262 crore, orders worth Rs 431 crore were bagged in March while the remaining orders worth Rs 831 crore were secured in April till...

Hitachi and ABB target carbon-free mining machinery

Hitachi and ABB target carbon-free mining machinery Hitachi Construction Machinery Co. Ltd. has signed a Memorandum of Understanding (MoU) with ABB Ltd. to explore opportunities for mine operators to target net-zero emissions from mining machinery. This MoU will allow Hitachi Construction Machinery and ABB to share their expertise and collaborate in bringing solutions to market that will reduce the greenhouse gas (GHG) emissions associated with heavy machinery in mining. The companies will...
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