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ICEMA's Vision Plan 2030 aims to make India world’s 2nd largest in Construction Equipment industry, reveals President
Indian Construction Equipment Manufacturers Association (ICEMA) is the nodal body representing the Construction Equipment industry (OEMs, suppliers and financial institutions) in the country and is affiliated to Confederation of Indian Industry (CII). V Vivekanand, President of ICEMA and of Managing Director at Caterpillar India, in this interview, shares the current outlook of Indian CE industry while emphasising on the need of technology adoption. The association also launched ICEMA CE TechnolRead more
Indian Construction Equipment industry sales grow by 31% Y-o-Y, volumes doubles since FY 2014
Indian Construction Equipment Manufacturers Association (ICEMA) shares a quarterly sales report of Indian Construction Equipment industry which showed a growth momentum with increased domestic sales for 27,423 units while 2,655 units were exported.Read more
CIL phasing out imports for boosting domestic mining equipment manufacturing
Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing
The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more
Rudrra sensor celebrates 21 yrs of innovation in industrial equipment sector
Established in 2001 with just five employees, the company has undergone remarkable growth, now boasting a team of over 100 professionals and achieving an annual turnover of Rs 25 crore.Read more
THK India unveils facility in Sri City for linear motion innovation
This facility stands as THK's sole production unit in India, specializing in the manufacture of linear motion guides and equipment for diverse applications across various sectors.Read more
Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth
Total equipment sales in Q2 24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. Of these, domestic sales accounted for 27,423 units while 2,655 units were exported.Read more
Positioning technology solutions ensure reliability in medical equipment design
Positioning technology solutions ensure reliability in medical equipment designRead more
Unmanned manufacturing operation is reality now
In this interview, Aniket Sawarkar, CEO, Avcon Systems Pvt Ltd, highlights the importance of adopting the right material handling equipment (MHE) for improving efficiency and productivityRead more