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India to Become 2nd Largest Construction Equipment Market by 2030: ICEMA

India to Become 2nd Largest Construction Equipment Market by 2030: ICEMA

autherKiran Murali     calendar08 May 2026

The US and China are currently the top two markets globally.

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Ravi Pandit, KPIT Technologies Co-Founder, Passes Away
Ravi Pandit, KPIT Technologies Co-Founder, Passes Away

By Eshisha Java calendar08 May 2026

Ravi Pandit helped build KPIT Technologies into a global automotive software engineering company and contributed to In...

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Ola Electric’s S1 X+ 5.2 kWh With Bharat Cell Receives ICAT Certification
Ola Electric’s S1 X+ 5.2 kWh With Bharat Cell Receives ICAT Certification

By Eshisha Java calendar08 May 2026

Ola Electric’s S1 X+ 5.2 kWh scooter, powered by its in-house 4680 Bharat Cell, has received ICAT certification under ...

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SML Mahindra Reports Double-Digit Growth In April 2026 Commercial Vehicle Sales
SML Mahindra Reports Double-Digit Growth In April 2026 Commercial Vehicle Sales

By Eshisha Java calendar08 May 2026

The company posted a 14.7% rise in commercial vehicle sales for April 2026, while production and exports also register...

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Indian Construction Equipment Industry Sees 2% Sales Decline In FY26 Amid Slower Infrastructure Execution
Indian Construction Equipment Industry Sees 2% Sales Decline In FY26 Amid Slower Infrastructure Execution

autherAutocar Professional Bureau calendar08 May 2026

Domestic construction equipment demand declined 7% in FY26 due to slower project execution, while exports rose 32%, he...

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Remsons UK Arm Secures ₹160 Crore Pedal Box Order From Global CV OEM
Remsons UK Arm Secures ₹160 Crore Pedal Box Order From Global CV OEM

By Eshisha Java calendar08 May 2026

Remsons Automotive UK has secured a 10-year pedal box programme from a global commercial vehicle OEM, with production ...

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ICEMA Projects India's Construction Equipment Volume to Grow 7% in FY27
ICEMA Projects India's Construction Equipment Volume to Grow 7% in FY27

autherKiran Murali calendar08 May 2026

The industry had a weak financial year 2026, with domestic construction equipment sales falling around 7%.

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MRF FY26 Net Profit Rises 30%; Revenue up 11% to Rs 31,654 Crore
MRF FY26 Net Profit Rises 30%; Revenue up 11% to Rs 31,654 Crore

autherArunima Pal calendar08 May 2026

The company attributed the healthy performance to new product launches across truck, passenger vehicle and two-wheeler...

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zingbus Reports Over 100% Growth on Key Intercity Routes Amid Summer Travel Surge
zingbus Reports Over 100% Growth on Key Intercity Routes Amid Summer Travel Surge

autherArunima Pal calendar08 May 2026

The company said rising airfares and limited availability across other transport modes are prompting more travellers t...

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Renesas Completes Irida Labs Acquisition To Expand Edge Vision AI Portfolio
Renesas Completes Irida Labs Acquisition To Expand Edge Vision AI Portfolio

autherAutocar Professional Bureau calendar08 May 2026

The acquisition adds embedded Vision AI software capabilities to Renesas’ edge AI portfolio, with integration planned ...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.49%

No

 

34.51%

Total Votes : 1020