Wednesday, November 26, 2025
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Construction

Indian construction equipment industry records 26% sales growth in FY24

Indian construction equipment industry records 26% sales growth in FY24 With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment (CE) industry has recorded 26% increase in overall sales volume for the financial year 2023-24, a statement issued by Indian Construction Equipment Manufacturers Association (ICEMA) said. The industry witnessed significant increase in demand in both domestic as well as exports markets, by...

Sany India Introduces Fully Electric Open Cast Mining Truck

Sany India Introduces Fully Electric Open Cast Mining Truck Sany India has introduced the SKT105E Electric Dump Truck, the first of its kind to be locally manufactured in India. This marks a significant milestone in the nation's mining industry. The unveiling ceremony, held at Sany India's facility, was attended by Deepak Garg, Vice Chairman & Managing Director of Sany India & South Asia, along with esteemed guests and industry professionals. The...

Global South leads circular transition agenda for the planet at WCEF 2024

Global South leads circular transition agenda for the planet at WCEF 2024 The roundtable, "From Aspiration to Actions: Accelerating Circular Transition Worldwide" held on April 15th, at The Square in Brussels, at WCEF2024, saw a full house endorsing the Global South’s leading role in accelerating the global transition towards circularity and the setting up of the Global Center on Circular Economy in India. Entities from the Global South, led by the...

Bengaluru’s Bommasandra Metro Station to be named after Delta India

Bengaluru’s Bommasandra Metro Station to be named after Delta India To commemorate its 20th anniversary in India, Delta Electronics India Pvt Ltd (Delta India) announced a partnership with Bangalore Metro Rail Corporation Limited (BMRCL). The two entities have signed a Memorandum of Understanding (MoU) for the naming rights of the Bommasandra Metro Station on the yellow line of RV Road to Bommasandra Line (Reach-5) as part of Phase-II of the...

Udaipur Cement Works inaugurates new cement mill at Dabok plant

Udaipur Cement Works inaugurates new cement mill at Dabok plant Udaipur Cement Works Limited (UCWL), a subsidiary of cement major JK Lakshmi Cement Ltd., has announced the inauguration of Cement Mill IV at its Dabok Plant in Udaipur, Rajasthan. The new plant is expected to increase UCWL's production capacity, from current 2.2 million MT to 4.7 million MT. "This expansion not only strengthens our position in the cement industry but also...

BKT Tires partners with 7 IPL teams

BKT Tires partners with 7 IPL teams BKT Tires, an Indian multinational company and a global player in the off-highway tire market, announced its partnership with seven Indian Premier League (IPL) cricket teams for the ongoing season. Alongside its inaugural collaboration with Lucknow Super Giants, BKT reinforces its enduring backing for Mumbai Indians, Kolkata Knight Riders, Punjab Kings, Rajasthan Royals, Sunrisers Hyderabad and Gujarat Titans. Rajiv Poddar, Joint Managing Director of...

Daimler India CV achieves “best-ever sales” in 2023; MY24 BharatBenz trucks to drive growth in 2024

Daimler India CV achieves "best-ever sales" in 2023; MY24 BharatBenz trucks to drive growth in 2024 Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG  announced that in CY2023 it has achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39% and revenue grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, growing 107% over 2022. Its cumulative...

Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur

Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur TCPL Green Energy Solutions Private Limited (TCPL GES), a wholly owned subsidiary of Tata Cummins Private Limited (TCPL), a 50:50 joint venture of Tata Motors Limited and Cummins Inc. USA, inaugurated a new state-of-the-art manufacturing facility in Jamshedpur to produce hydrogen-based Internal Combustion Engines (ICE) for medium and heavy commercial vehicles and other low to zero emission technology products. The factory...

Magicrete builds mass housing project in Ranchi using 3D Modular Precast Construction System

Magicrete builds mass housing project in Ranchi using 3D Modular Precast Construction System Magicrete, one of India's leading producers of AAC blocks, construction chemicals, and precast construction solutions, announces completion of "India's first" mass housing project in Ranchi utilizing the 3D Modular Precast Construction System. This project named Ranchi Light House Project, includes 1008 dwelling units, demonstrates cost parity with traditional construction methods while significantly reducing construction time by upto 40%....

Continental Tires expands retail presence in Bengaluru

Continental Tires expands retail presence in Bengaluru Continental Tires, one of the leading manufacturers of premium tyres, inaugurated Continental Elite Drive (CED) dealer store in Bengaluru. The store Cherry TYREPARK, located at the urban Bengaluru suburbs of Kammanahalli, has a diverse range of premium products, latest equipment, and technologies which include tyre-related services for wheel balancing & alignment, nitrogen filling and tyre change among others. Through CED store, Continental Tires...

Blue Energy Motors’ green trucks surpasses 1 crore kms on Indian highways

Blue Energy Motors' green trucks surpasses 1 crore kms on Indian highways Blue Energy Motors, a green truck manufacturing company, announces a significant milestone as its fleet of BEM trucks crosses the landmark of 1 crore kilometres on Indian roads in various customer applications. “While covering over 1 crore kilometres, Blue Energy Motors has effectively reduced over 3000 tonnes of CO2 emissions, which is equivalent to the environmental benefit provided by...

CM Shinde inaugurates Vile Parle Flyover

CM Shinde inaugurates Vile Parle Flyover Maharashtra Chief Minister Eknath Shinde on Saturday inaugurated the newly constructed Vile Parle Flyover on the Western Express Highway (WEH). The newly inaugurated 2-lane One-way Flyover constitutes a length of 790 m, including the length of the approaches, has been developed to ease the movement of traffic headed towards Bandra from the International Airport T2, thereby preventing traffic congestion on the WEH. Commenting on this,...

Domestic steel consumption could decelerate to 7-8% in FY2025: ICRA

Domestic steel consumption could decelerate to 7-8% in FY2025: ICRA Elevated input costs, import pressures, along with softer steel prices expected to sequentially pull down the steel industry’s operating profit margins by 110-115 basis points in FY2025 According to the rating agency ICRA’s latest research note, domestic steel consumption growth is expected to slow down to 7-8% in FY2025 (as against 12-13% in FY2024E), bucking the trend of the previous few...

Maharashtra CM hands over keys of 961 residential flats to Project Affected Persons

Maharashtra CM hands over keys of 961 residential flats to Project Affected Persons The Mumbai Metropolitan Region Development Authority (MMRDA) has allotted 961 residential flats to Project Affected Persons (PAPs) through the Airport Slum Rehabilitation Project at Kurla Premier Compound. Maharashtra Chief Minister Eknath Shinde facilitated the distribution of the keys and allotment letters to 10 PAPs on Tuesday. Commenting on the occasion, the Chief Minister said, “Every Project Affected Person...

ELGi Equipments Enters Strategic Partnership with D.V.P. Vacuum Technology for Indian Market Expansion

ELGi Equipments Enters Strategic Partnership with D.V.P. Vacuum Technology for Indian Market Expansion Leading air compressor manufacturer, ELGi Equipments, has inked a multi-year technology licensing agreement with Italy's D.V.P. Vacuum Technology S.p.A. The collaboration aims to manufacture, assemble, test, and sell D.V.P.'s proprietary vacuum products in India. This move allows ELGi to diversify its product portfolio and leverage D.V.P.'s renowned vacuum pump technology. In a statement, Dr. Jairam Varadaraj, Managing Director,...
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