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Construction

Construction equipment sales in Q1 of FY25 grew 5% Y-o-Y; Declined 29% Q-o-Q

Construction equipment sales in Q1 of FY25 grew 5% Y-o-Y; Declined 29% Q-o-Q The first quarter sales of construction equipment in FY 2024-25 grew 5% on a year-on-year basis, from 27,577 units in Q1 FY2023-24 to 28,902 units in Q1 FY 2024-25, said the quarterly results published by the Indian Construction Equipment Manufacturers' Association (ICEMA), the apex body for construction equipment (CE) manufacturers in India. The growth was a result of...

Kobelco Construction Equipment India launches SK80 Excavator

Kobelco Construction Equipment India launches SK80 Excavator Kobelco Construction Equipment India Pvt Ltd launched the SK80 Excavator in Chennai. The Made-in-India 8-tonne category mid-segment excavator boasts of several innovative features like state-of-the-art technology, advanced hydraulic system, fuel efficiency, operator comfort, durability, maintenance and versatility. “Coming with a range of attachments, the SK80 Excavator can be easily adapted to perform a variety of tasks – be it digging, lifting or grading,”...

Indian Construction Industry Leads Asia-Pacific in Digital Transformation: Autodesk Report

Indian Construction Industry Leads Asia-Pacific in Digital Transformation: Autodesk Report The Indian construction industry is spearheading the digital revolution in the Asia-Pacific region, according to the latest findings from Autodesk's State of Digital Adoption in the Construction Industry 2024 report, developed in collaboration with Deloitte. The comprehensive survey, which included insights from 933 construction firms across six major markets—Singapore, Australia, Japan, India, Malaysia, and Hong Kong—revealed a significant uptick in...

Union Budget 2024 | Reaction from Dimitrov Krishnan, MD, Volvo CE India

Union Budget 2024 | Reaction from Dimitrov Krishnan, MD, Volvo CE India We welcome the Union Budget 2024-25 for providing a significant impetus to the construction equipment sector. The vision of 'Viksit Bharat' by 2047 underscores the importance of allocating substantial resources for infrastructure development to enhance India's growth trajectory. The proposed increase in capital expenditure by 11.1 percent, amounting to Rs. 11.11 lakh crore for FY2025, will significantly support...

Bharat Construction Equipment Expo 2025 Set for January 19-22

Bharat Construction Equipment Expo 2025 Set for January 19-22 The Ministry of Commerce & Industry, Government of India, has announced the 1st edition of the Bharat Construction Equipment Expo 2025, scheduled from January 19 to 22 at the India Expo Mart in Greater Noida. This event is part of the larger Bharat Mobility Global Expo 2025, which will also feature the Auto Expo Motor Show 2025 and the Auto Expo...

India Poised to Lead Global Circular Economy Transition: Highlights from ICEF2024

India Poised to Lead Global Circular Economy Transition: Highlights from ICEF2024 The New Delhi Leaders’ Declaration at the G20 highlighted India's increasing influence and aspirations to contribute positively to global governance and stability. India's role in the evolving geopolitical landscape is underscored by its efforts to balance national interests with global responsibilities. This declaration marked a significant milestone in showcasing India's leadership on the global stage, emphasizing the importance of...

Putzmeister appoints Magesh Swaminathan as Sales Director

Putzmeister appoints Magesh Swaminathan as Sales Director Putzmeister Concrete Machines Pvt. Ltd. announces the appointment of Magesh Swaminathan as Director – Sales effective July 2024. In a career spanning 28 years, Magesh has spearheaded various functions across sales, after-market, and marketing in a range of sectors including Mining, Material Handling, Industrial and Capital Equipment, and Heavy Construction Equipment. He has worked with Ashok Leyland John Deere Construction Equipment, Doosan, Ingersoll-Rand, Volvo, and...

SANY India Expands in New Delhi with New COCO Office

SANY India Expands in New Delhi with New COCO Office SANY India, has opened a new Company Owned, Company Operated (COCO) office in Delhi. This new office is a significant step in SANY India's strategy to enhance customer satisfaction and drive growth in the Indian market, focusing on innovation, quality, and customer-centric services. The inauguration ceremony was led by Deepak Garg, Managing Director, along with Shashank Pandey, Business Unit Head, and...

ICCE to organize India Circular Economy Forum 2024 on 11-12 July in New Delhi

ICCE to organize India Circular Economy Forum 2024 on 11-12 Jul in New Delhi ICEF2024 to witness over 300 delegates from over 18 countries, over 70 speakers with participation from key Indian Government Ministries, United Nations Bodies and Foreign embassies International Council for Circular Economy (ICCE), a leading non-profit think tank advocating and working towards the Circular Economy cause, announced that its annual India Circular Economy Forum (ICEF2024) will be held...

SANY India Partners with Union Bank of India for Customer Financial Solutions

SANY India Partners with Union Bank of India for Customer Financial Solutions SANY India has signed a Memorandum of Understanding (MoU) with the Union Bank of India. This partnership aims to boost growth and development across India by offering better financial support to customers and easier access to SANY India's advanced products and financial solutions. The MoU was signed by Naveen Jain, Zonal Head - Pune, Union Bank of India, and...

Industry Leaders Unite to Tackle Environmental Challenges in ‘Wilo Sustainability Conclave’

Industry Leaders Unite to Tackle Environmental Challenges in 'Wilo Sustainability Conclave' In a bid to tackle environmental challenges globally, "The Wilo Sustainability Conclave", a significant event organized by the German Engineering Federation (VDMA) in partnership with Wilo Mather and Platt Pumps in Pune. This conclave brought together key figures from industry, government, and academia to address some of the most pressing environmental issues of our time, with a focus on...

Volvo CE unveils new ‘Built for Bharat’ EC210 Hydraulic Excavator

Volvo CE unveils new ‘Built for Bharat’ EC210 Hydraulic Excavator Volvo Construction Equipment (Volvo CE India) unveiled the new EC210, a 'Built for Bharat’ 20-tonne class hydraulic excavator today. The introduction of this excavator reinforces company's strong commitment to the growing Indian CE market to provide innovative and technologically advanced solutions designed specifically to the needs of customers in the country. The EC210 excavator has a range of features to...

Ammann acquires ABG Pavers from Volvo CE

Ammann acquires ABG Pavers from Volvo CE Ammann Group has announced finalization of their acquisition of the ABG paving product line from Volvo Construction Equipment. “ABG is a strong brand that we’re proud to welcome to Ammann,” said Hans-Christian Schneider, CEO of Ammann. “We will continue to build on ABG’s exceptional product line and reputation and provide complete roadbuilding solutions for the industry.” The transaction includes the transfer of Volvo CE’s paving...

GCCA India re-elects Chair and Co-chair for 2024-26

GCCA India re-elects Chair and Co-chair for 2024-26 Parth Jindal of JSW Cement will continue to Chair GCCA India and Deepak Khetrapal of Orient Cement will be the Co-Chair The Global Cement & Concrete Association (GCCA) India has announced the re-election of Parth Jindal, who is Managing Director of JSW Cement, as its Chair, and Deepak Khetrapal, Managing Director of Orient Cement, as Co-Chair. Both have been unanimously re-elected for the...

AJAX Engineering exports “Made in India” Slip-form Paver to global markets

AJAX Engineering exports “Made in India” Slip-form Paver to global markets AJAX Engineering, a leading Indian manufacturer of concreting equipment, announced export of its Slip-form Paver to global markets, spanning across Russia and Africa. It claims to be the country’s first manufacturer to export Slip-form Pavers, a specialised heavy concrete equipment utilised primarily in large scale infrastructure projects for the efficient and precise laying of concrete. “AJAX Engineering has indigenously...
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