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Construction

Atlas Copco appoints Shalini Sharma as new GM to lead Brand Studio in India

Atlas Copco appoints Shalini Sharma as new GM to lead Brand Studio in India Atlas Copco Group, a leader in compressors, vacuum solutions, generators, pumps, power tools, and assembly systems, announced the appointment of Shalini Sharma as the new General Manager for its Brand Studio in India. “Shalini is the first Indian woman to be appointed as a General Manager within the company, marking a significant milestone in Atlas Copco’s commitment...

3A Composites Expands Product Portfolio with ALUCODUAL Launch

3A Composites Expands Product Portfolio with ALUCODUAL Launch 3A Composites, renowned globally for its ALUCOBOND brand and expertise in high-quality aluminium composite materials, has introduced ALUCODUAL, an innovative engineered solid sheet for advanced architectural applications. This ‘Made in India’ product, developed at the company's Ranjangaon facility near Pune, combines pre-coated laminated aluminium with a focus on durability, flatness, and design flexibility. ALUCODUAL aims to meet the demands of facade, cladding,...

Construction Equipment Industry registers 3% growth in H1 FY25

Construction Equipment Industry registers 3% growth in H1 FY25 The Indian Construction Equipment (CE) industry witnessed a 3% year-on-year (YoY) increase in sales during the first six months of the current fiscal year FY25 (April – September 2024), as compared to the same period in FY24 (April – September 2023). The industry experienced a modest 1% year-on-year growth in sales during the second quarter of FY25, touching a total of 30,686...

Fleet utilization soars to 90% amid pre-festive stocking: Shriram Mobility

Fleet utilization soars to 90% amid pre-festive stocking: Shriram MobilityTruck rentals, a key barometer of goods movement remained firm in September as pre-festive stocking continued across India. Freight rates held firm without much increase as fleet utilisation levels surged to 90%, the highest in recent times from 70%, said Shriram Mobility Bulletin published by Shriram Finance Limited, the flagship company of the Shriram Group. According to the bulletin, “Truck rentals...

Tufwud unveils ISI-certified fully insulated fire door

Tufwud unveils ISI-certified fully insulated fire door Tufwud, a fire door manufacturer, announced the launch of the FD120 ID—ISI-marked fully insulated fire door. This ground-breaking product, claims to be “India’s first”, has been unveiled at the Fire & Security India Expo (FSIE) 2024, Mumbai. “The FD120 ID is the first fire door in India to achieve the esteemed ISI certification, making it a critical line of defense in fire emergencies,” Tufwud...

McCoy Mart Targets 50K Construction Professionals Community by FY 2024-25

McCoy Mart Targets 50K Construction Professionals Community by FY 2024-25 McCoy Mart, a procurement platform for construction professionals (builders & contractors, fabricators, turnkey architects and interior professionals) specializing in construction and building materials, announces its expansion plans and projections for the fiscal year 2024-2025. McCoy Mart is known for serving builders, developers, contractors, architects, and interior designers under one platform. The platform has more than 25,000 construction professionals already on...

India’s Nandan GSE to showcase Ground Support Equipment in Portugal

India’s Nandan GSE to showcase Ground Support Equipment in Portugal Nandan GSE, one of India’s leading manufacturers of advanced Ground Support Equipment (GSE), is all set to make waves at the GSE Expo Europe 2024 in Lisbon, Portugal. The company will unveil its new range of Electric GSE products and officially announce the upcoming release of onecmms.com – a powerful Computerized Maintenance Management Software (CMMS) for the aviation industry. “Our participation...

BKT to present advanced tire solutions for mining at IMME

BKT to present advanced tire solutions for mining at IMME Balkrishna Industries Ltd. (BKT), a leading global force in the off-highway tire market and an Indian multinational group, announced its participation in the 17th edition of the International Mining and Machinery Exhibition (IMME). Organized by the Confederation of Indian Industry (CII), this event will be held from October 23 to 26, at the Science City Exhibition Ground in Kolkata. BKT is...

Wilo introduces innovative solutions to tackle fire pump challenges

Wilo introduces innovative solutions to tackle fire pump challenges Wilo Mather and Platt Pumps Pvt. Ltd., a global leader in pump technology, has unveiled a comprehensive suite of solutions designed to address the growing various challenges within India’s fire safety infrastructure, ensuring that fire protection systems remain reliable, efficient, and adaptable to the country’s evolving urban landscape. One of the key challenges facing the fire safety sector is the shrinking space...

India’s longest sea bridge used by over 50 lakh vehicles in last 7 months

India's longest sea bridge used by over 50 lakh vehicles in last 7 months Over 50 lakh vehicles have utilized the Atal Setu, India’s longest bridge and the longest bridge over water, since it was opened for traffic over seven months ago, said the Mumbai Metropolitan Region Development Authority (MMRDA). “From January 13 to August 25, a total of 50,04,350 vehicles, including BEST, NMMT, MSRTC's Shivneri buses, and various private and...

JCB launches T 65D Telescopic Boom Platform in India

JCB launches T 65D Telescopic Boom Platform in India JCB today introduces its very first diesel Telescopic Boom Platform, T 65D, in Goa during the Aerial Platform Association of India’s (APAOI) conference. According to JCB, the machine offers higher standards of reliability, efficiency, comfort, and most importantly safety. The T 65D is manufactured at JCB’s state- of-the-art factory in Jaipur. JCB India’s CEO and Managing Director, Deepak Shetty said, “This world-class...

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...
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