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Infrastructure

ET NOW Supply Chain Management and Logistics Summit to be held in Delhi on 28 Jun

ET NOW Supply Chain Management and Logistics Summit to be held in Delhi on 28 Jun Over the past years, the supply chain has evolved rapidly with the help of AI, data analytics, and automation, to manage global uncertainties. Indispensable for global economies, they ensure the seamless flow of goods, with efficient management keeping the competitiveness of their stakeholders. Supply chains are all about transportation, warehousing, inventory management, and distribution,...

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-ChairThe 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...

Honeywell Automation India appoints Atul Pai as Managing Director

Honeywell Automation India appoints Atul Pai as Managing Director Honeywell Automation India Limited (HAIL) announced the appointment of Atul Pai as its Managing Director, effective May 16. He succeeds Ashish Gaikwad who is taking on a broader responsibility as India Leader for Industrial Automation, one of Honeywell International Inc’s strategic business groups.“Atul brings more than two decades of Honeywell experience in various regional and global roles across Honeywell and its...

Siemens Limited announces CAPEX of over Rs. 1,000 crore

Siemens Limited announces CAPEX of over Rs. 1,000 crore Siemens Limited today announced the expansion of two of its 32 factories in India. This is in addition to the capacity expansions of the Power Transformer factory in Kalwa and Vacuum Interrupter factory in Goa announced by the Company in November last year. With this, total Capex investment is expected to exceed Rs 1,000 crore.Expansion of Smart Infrastructure Operations, Goa Siemens Limited’s Smart...

Siemens board approves demerger of Energy Business into a separate listed entity

Siemens board approves demerger of Energy Business into a separate listed entity The Board of Directors of Siemens Limited approved the proposal to demerge its Energy Business into a separate legal entity – Siemens Energy India Limited (currently a wholly owned subsidiary of Siemens Limited).The new entity will subsequently be listed on the BSE Limited and National Stock Exchange of India Limited, the company said in a regulatory filing. As...

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...

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...

HANNOVER MESSE 2024: “Powerhouse for promising upswing”

HANNOVER MESSE 2024: “Powerhouse for promising upswing” “HANNOVER MESSE 2024 was both an industrial powerhouse and a technology trade fair for the future,” remarked Dr. Jochen Köckler, Chairman of the Managing Board, Deutsche Messe AG, at the closing press conference for HANNOVER MESSE 2024. “It was an industrial powerhouse because visitors found answers to how they can profitably take advantage of automation, artificial intelligence, hydrogen and many other high-tech solutions...

NueGo launches “India’s first” long-haul electric AC sleeper bus service

NueGo launches “India’s first” long-haul electric AC sleeper bus service NueGo, the electric intercity bus brand from GreenCell Mobility, announced the launch of intercity electric bus service on its major routes across India such as Bengaluru - Chennai, Bengaluru - Coimbatore, Vijaywada - Vizag, Delhi – Jaipur,  and Delhi - Amritsar. NueGo plans to expand its operations by launching new routes and build charging infrastructure to ensure smooth on-road operations.Devndra...

BPCL to construct 34-km ATF pipeline from Piyala to Noida International Airport

BPCL to construct 34-km ATF pipeline from Piyala to Noida International Airport Bharat Petroleum Corporation Limited (BPCL) and Noida International Airport (NIA) signed an agreement to lay a dedicated aviation turbine fuel (ATF) pipeline from BPCL’s Piyala Terminal to the tank farm at Noida International Airport to meet the airport's ATF demand while reducing carbon emissions.The dedicated ATF pipeline spans over 34 kilometres, extending 1.2 kilometres within the airport premises....

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...

Rubal Prakhar Agarwal takes charge as MD of Maha Mumbai Metro Operation Corporation

Rubal Prakhar Agarwal takes charge as MD of Maha Mumbai Metro Operation Corporation Maha Mumbai Metro Operation Corporation LTD (MMMOCL) announced the appointment of Rubal Prakhar Agarwal as the new Managing Director.Mrs. Agarwal has previously served as the commissioner of the Integrated Child Development Services (ICDS) scheme in Maharashtra. “With her extensive experience and leadership skills, she is well-prepared to lead MMMOCL in its mission to operate and maintain metro...

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...

Herbalife India partners with IIM Bangalore to set up Supply Chain Sustainability Lab

Herbalife India partners with IIM Bangalore to set up Supply Chain Sustainability Lab Herbalife India with the Indian Institute of Management Bangalore (IIMB) to establish a cutting-edge Supply Chain Sustainability Lab. Launched in 2023, this collaborative effort aims to advance sustainable supply chain practices, dissemination, and advocacy though research and development initiatives. Herbalife India and the IIM-B Supply Chain Sustainability Lab are leading the charge for sustainable supply chains, tackling...
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Normet launches Variomec XS for underground logistics

Normet launches Variomec XS for underground logistics Normet is a Finnish company operating globally with over 50 locations in 33...
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