Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth: ICEMA
The Indian Construction Equipment industry consolidated its positive performance in the current year as CE sales grew by an excellent 31% in Q2 of FY 2023-24, compared to Q2 of the last fiscal year. Total equipment sales in Q2 ‘24 increased to 30,078 units
Kone Elevators India sets up R&D facility in Chennai
In a bid to bolster its presence in the global market and make way for the robust growth in the elevator industry segment, Kone Elevators India has set up a research and development facility (R&D) facility including an elevator test tower and
CII EXCON paves way for India to be 2nd largest CE Market by 2030
The Confederation of Indian Industry (CII) has organized a roadshow in the city to announce EXCON 2023. The event witnessed the participation of industry leaders, senior government officials and stakeholders from the infrastructure and construction
Ascenso builds global team to increase OEM focus
Ascenso Tyres has appointed Olivier Hubrecht as President Global OEM. Ascenso Tyres started its operations in February 2020, and within just 3 years of its inception, it has made a significant mark in the global market, emerging as the fastest growing
HD Hyundai Construction Equipment India launches Excavators & Forklifts
HD Hyundai Construction Equipment India has launched multiple products to reinforce its position in the Infrastructure, Mining and Material Handling Industry. New generation- Global HX Series 50ton class excavator was launched for Heavy Duty Mining
MYCRANE expands operations in India
Online crane rental platform MYCRANE, which employs tech solutions to enhance efficiency in the broader construction sector, has launched its wholly-owned operations in India. Its most renowned tool, the world's first online crane rental service, can be
ICEMA’s CE Technology Summit underscores importance of jobsite safety & efficiency
Highlighting jobsite safety and efficiency, ICEMA's first CE Technology Summit has focused on establishing norms and regulations to ensure the safety of off-road segments, including operator and equipment safety. The one-day summit held discussions on
Manitou inaugurates logistics center in India
Manitou Group, a global leader in handling, aerial work platform and earthmoving sectors, has inaugurated a new spare parts logistics center in Greater Noida. This new logistics center is designed to support the Group's growth in this high-potential market
JCB to export 45% of its equipment manufactured in India
JC Bamford (JCB) Excavators, the world’s largest producer of backhoe loaders and telescopic handlers— the construction machines used for excavating and heavy materials lifting jobs, amongst different equipment, plans to export 45% construction
CFlo & MinRizon join forces to advance Global Mineral Processing EPC
CFlo is Asia’s leading Technology & EPI (Engineering, Procurement, Installation) services provider, specializing in bespoke and modular mineral beneficiation and waste recycling solutions. The company has formed a consultancy partnership with
CASE India strengthens dealer network with Bombay Infra
CASE Construction Equipment has appointed Bombay Infra as its new dealer partner in Thane. Bombay Infra assist with sales, service, and spares requirement for CASE India's customers. Along with Thane, the dealership will cater to nearby regions
SANY India delivers 8 crawler cranes of 750-ton to Sanghvi Movers
SANY India has successfully delivered 8 units of the SCC7500A 750 ton crawler cranes to Sanghvi Movers Limited in the first quarter of the financial year 2023-24. With this delivery, Sanghvi Movers now boasts the largest fleet of SANY cranes in the
Sanghvi Movers secures Rs 150-cr contract in crane rental services
Sanghvi Movers, a leading crane rental service provider, has been awarded work orders worth Rs 150 crore from independent power producers (IPP) in the renewable energy sector. The contracts encompass a range of services, including crane rental, wind
Shalabh Chaturvedi appointed as MD of CASE for India and SAARC
CASE Construction Equipment, a brand of CNH Industrial, has announced the appointment of Shalabh Chaturvedi as the Managing Director for India and the SAARC region, effective from June 1, 2023. With over a decade of experience at CNH Industrial
Equipment financing will leverage infrastructure projects in the country: ICEMA
ICEMA in its 4th Annual Finance Conclave emphasized on the need of creating a strong and digitally enabled financial ecosystem to serve the financing need of the equipment industry, and support the economic growth of the country. Availability and accessibility
Schwing Stetter India honoured as "World Client of the Year" by LMI
Schwing Stetter India, a leading manufacturer of construction and concreting equipment in the country, has been recognized as the "World Client of the Year" at a conference hosted by Leadership Management International (LMI), a world leader in
Indian Construction Equipment Industry sets new record: Sales grew 26% to cross 1 lakh mark in FY2022-23
The Indian Construction Equipment (CE) industry experienced remarkable growth of 26% YoY in FY2022-23, with sales surpassing one lakh units. CE sales in Q4-FY23 (Jan-Mar 2023) also increased by 23% over Q4-FY22 and by 22% over Q3-FY23. March 2023
Terex India showcases recycling solutions in Delhi for Swachh Bharat Mission
Terex India showcased its cutting-edge recycling solutions at two recycling events, the CII's Water and Waste Expo and the Clean India Expo, in New Delhi. The company's commitment to the Swachh Bharat Mission was further strengthened by the visit
