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ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth

Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more

L&T Construction wins power transmission projects in Indian and overseas market

L&T Construction bags order under Results-linked Distribution Sector Scheme (RDSS) in the western part of Rajasthan and Chennai in India. The PT&D business has also won an order to supply, construct, test, and commission a 132kV substation in the United Arab Emirates.Read more

China’s XCMG mining equipment products includes AI controlled unmanned mines

XCMG Machinery, a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump truck, which will better support global mining operations and infrastructure construction projects.Read more

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more

Indian construction equipment industry up 23% in Q3 FY23

Indian Construction Equipment Manufacturers’ Association (ICEMA), apex association for Construction Equipment (CE) manufacturers in India announced its Q3 FY23 results with shows sales grew by 23 percent YoY growth with 27,817 units of Construction Equipment being sold.Read more

Terex India showcased latest products at Bauma CONEXPO INDIA

Terex India, a global manufacturer of materials processing and lifting machinery unveiled eight new products for the Indian market at Bauma Conexpo India, Delhi. Minister of Road Transport and Highways, Nitin Gadkari inaugurated the electric driven Finlay 690i at the event on February 8.Read more

Schaeffler India appoints Madhurisha V as CTO

Schaeffler India Ltd – one of the leading manufacturers of bearings for industrial and automotive applications – has appointed Madhurisha V as Chief Technology Officer (CTO). Read more

KISSsoft and RecurDyn hosts live session for e-drive design

Electric vehicles could represent up to 70 per cent of all cars by 2050. To ensure the acceptance of their vibrational and acoustical characteristics, profound NVH (noise, vibration, and harshness) analysis is the key to minimise vehicle excitations caused by specific e-drive transmission designs.Read more

Nu-Vu Conair begins construction for new facility in Ahmedabad

Nu-Vu Conair Pvt Ltd, one of the leading manufacturers of plastic auxiliary equipment in India, organised a ground-breaking ceremony for its new manufacturing facility in Ahmedabad (Gujarat).Read more

Tecnimont and Metal Craft form JV for construction and mechanical works

The new JV, Tecni and Metal Pvt Ltd, will act as an in-house operating arm for construction and mechanical works, significantly increasing the efficiency of Maire Tecnimont Group’s upcoming projectsRead more

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