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Indian firms to spend Rs 1 trillion on maintenance capex
Corporates are likely to show an unwillingness to invest in long-term projects due to muted demand and significant leverage, despite a low interest rate environment, says Priyanka Poddar.Read more
Trends in construction and mining equipment
Heavy equipment is used at construction sites for various purposes. Some of the diverse tasks that are undertaken by these machines are digging, raising and relocating loose material. Depending on the application, heavy equipment is used in different ways and helps achieve targets as scheduled.Read more
Bauma Conexpo India underlines a turnaround in Indian market
Bauma Conexpo India, which took place at HUDA Ground in Gurgaon/Delhi from December 12 to 15, 2016, underscored the fact that there are signs of a turnaround in the Indian market for construction machinery.Read more
Siemens supplies the world's biggest gearless conveyor drive system
Nuremberg, Germany, October 06, 2015 – Siemens has supplied the world's biggest gearless conveyor drive system to the Cuajone Mine in Peru, which is operated by the Mexican mining company Southern Copper Corporation (SCC). The modernisation project will entail the installation of a new gyratory crushing and conveyor system by 2016. The belt conveyor will replace a railway system currently used to transport the ore out of the mine to the processing plant. The Integrated Drive System (IDS) Read more