Bitumen Price Shock Stalls Road Work, Forces Equipment Industry to Temper FY27 Growth Hopes
Sharp surge in raw material costs stalls highway projects, prompting equipment sector to revise annual growth expectat...
Shahkar Abidi
31 Jul 2026
Managing Director Shalabh Chaturvedi highlights two-part plan to double revenues via organic and inorganic methods.
Read moreSharp surge in raw material costs stalls highway projects, prompting equipment sector to revise annual growth expectat...
Equipment maker aims to double India construction revenue by 2030 through localization and capacity expansion at Madhy...
Equipment makers resort to remote tracking, domestic sales limits, and port validation to curb unauthorized overseas t...
Executive set to exit in November after completing major transaction, search initiated for next financial head.
Tractor volumes rose 18 percent in the June quarter, though market share slipped from a record 45.2 percent. Managemen...
Company expects Mahindra Accelo division to gain traction as end-of-life vehicle regulations kick in.
Commercial vehicle maker will supply buses to Sai Green Projects for deployment across Mumbai and Pune.
The company said its auto and farm businesses continued to deliver growth and profitability, with combined profits ris...
Industry veteran brings over three decades of automotive and engineering experience to head operations at Pithampur fa...