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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

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

14th Cement EXPO to kick-start from Dec 14, 2023 in New Delhi

Join us at the 14th Cement EXPO in New Delhi, starting Dec 14, 2023, for the latest in the world of cement and construction.Read more

Indian govt pushes for advanced vehicle connectivity to enhance road safety

A draft report from an Indian government panel suggests that automakers incorporating advanced connectivity features in vehicles, enabling communication with other vehicles and external systems, could receive better crash test ratings.Read more

India unveils Rs 400 cr roadmap for green hydrogen revolution on World Hydrogen Day

The announcement was made during an event jointly organised by the Ministry of New & Renewable Energy and the Solar Energy Corporation of India Limited, on the occasion of World Hydrogen and Fuel Cell Day.Read more

Ashok Leyland bags orders for 1282 buses from Gujarat State Road Transport

Under the terms of the order, Ashok Leyland will deliver 55-seater fully assembled BS VI diesel buses in a phased manner.Read more

SMEV urges unified road tax exemption policy for EVs nationwide

In a letter addressed to the Union Minister of Road Transport and Highways, Nitin Gadkari, SMEV emphasised the critical need for a stable and supportive policy environment to expedite the transition towards electric mobility in India.Read more

India surpasses 1 mn EV sales in just 9 months, driven by growth factors

According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more

Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

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