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PLI scheme for construction equipment likely to attract US$4 billion of domestic and foreign investments in near term, states ICEMA

By Shahkar Abidi 27 Apr 2023

The Ministry of Heavy Industries has requested ICEMA to fortify the proposal with details including product coverage a...

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

By Shahkar Abidi 27 Apr 2023

During Q4FY23, KPIT Technologies reported a net profit of Rs 111.6 crore, a 41.5% increase YoY from the corresponding ...

Case Construction Equipment India's new screening system helps flag "illegal exports" before it's too late

By Shahkar Abidi 26 Apr 2023

Racketeers are allegedly responsible for exporting approximately 5–15% of the total CE sold in India to various Middle...

M&M remains confident of pickup truck growth in FY24, monsoon, interest rates key to growth of segment

By Shahkar Abidi and Amit Vijay M 25 Apr 2023

Nakra expressed caution when commenting on the economy's projected slowdown in FY24, compounded by inflationary pressu...

Construction Equipment manufacturers seeks unified emission norms for all machines

By Shahkar Abidi 25 Apr 2023

Even though the new standards have brought roadable CEVs up to global standards, Indian CE manufacturers' competitiven...

CASE Construction Equipment to double its manufacturing capacity at Pithampur over next 3-4 years on back of robust demand

By Shahkar Abidi 24 Apr 2023

It will help the Italian-US-headquartered CE giant tap into the increasing domestic demand and also exports, which see...

Exclusive: MG Motor India in talks with JSW Group for 15-20% stake sale at $2 billion valuation

By Ketan Thakkar, Mayank Dhingra & Shahkar Abidi 24 Apr 2023

MG Motor India, which is keen to expand capacity with a new plant and has been on the fund-raising route for nearly a ...

JSW Group says its plans for EVs remain on track

By Shahkar Abidi 20 Apr 2023

Jayant Acharya, Deputy MD and board member at JSW Steel, a flagship company of the diversified US$ 22 billion JSW Grou...

Lithium discovery may turn India into an all-rounder for lithium batteries supply chain

By Shahkar Abidi 12 Apr 2023

Kanani stated that his company has been using lithium for over three decades, but this is the first time they have had...

'Road construction has to reach at least 12000-13000 km for construction equipment industry to grow by 10-15 percent in FY24': Sandeep Singh, MD, Tata Hitachi

By Shahkar Abidi 11 Apr 2023

The construction equipment industry as a whole is estimated to have risen by approximately 25 percent during FY23.

PLI scheme for construction equipment likely to attract US$4 billion of domestic and foreign investments in near term, states ICEMA

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

Case Construction Equipment India's new screening system helps flag "illegal exports" before it's too late

M&M remains confident of pickup truck growth in FY24, monsoon, interest rates key to growth of segment

Construction Equipment manufacturers seeks unified emission norms for all machines

CASE Construction Equipment to double its manufacturing capacity at Pithampur over next 3-4 years on back of robust demand

Exclusive: MG Motor India in talks with JSW Group for 15-20% stake sale at $2 billion valuation

JSW Group says its plans for EVs remain on track

Lithium discovery may turn India into an all-rounder for lithium batteries supply chain

'Road construction has to reach at least 12000-13000 km for construction equipment industry to grow by 10-15 percent in FY24': Sandeep Singh, MD, Tata Hitachi

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