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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

JCB explores hydrogen engines and export growth in India

JCB aims to manufacture electrolysers, devices that split water into hydrogen and oxygen using electricity, to produce hydrogen for testing their zero-emission backhoe loaders.Read more

CASE Construction Equipment appoints Shalabh Chaturvedi as MD for India & SAARC

Shalabh Chaturvedi has been with CNH Industrial for over a decade and has held various positions at Larsen & Toubro in past. He is also an alumnus of the Indian School of Business.Read more

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

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

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

MP Engineering supporting growth of machine tools industry

Established in 1994, MP Engineering & Machine Tools is one of the leading suppliers of a comprehensive range of turned and machined components, machine dies, punches, automobile parts, earth moving vehicle components, industrial tooling, jigs and work holding fixtures, etc. It also offers fabrication services that include a wide range of works such as buckets, loader plates, 3-point link, 2-point link, stabiliser inner, foot, bucket plates, U plate, etc for earth moving vehicles. While its machiRead more

India’s construction equipment industry witnesses 8% de-growth in FY22: ICEMA

While earthmoving equipment & road construction equipment experienced 14% & 10% decline respectively, other three segments (namely material handling, material processing and concrete equipment) registered positive growth during FY22.Read more

Excon: Building a strong construction equipment sector

Organised by CII, EXCON has been providing a platform to connect all infrastructure stakeholders with the exciting growth story of India’s infrastructure. This year, yet again, the expo will be playing a catalytic role in promoting growth of the construction equipment (CE) industry.Read more

Schwing Stetter signs MoU with HPCL & Gulf Oil for lubricants

Schwing Stetter India, one of India’s largest manufacturers of concreting and construction equipment, has joined hands with Gulf Oil and HPCL to launch a range of genuine oils for construction equipment. Read more

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