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Bitumen Price Shock Stalls Road Work, Forces Equipment Industry to Temper FY27 Growth Hopes

autherShahkar Abidi     calendar31 Jul 2026

Sharp surge in raw material costs stalls highway projects, prompting equipment sector to revise annual growth expectations to single digits.

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CASE India Pushes Pithampur Past 10,000 Units as CNH's Partner Search Leaves Operations Untouched News
CASE India Pushes Pithampur Past 10,000 Units as CNH's Partner Search Leaves Operations Untouched

autherShahkar Abidi calendar31 Jul 2026

Equipment maker aims to double India construction revenue by 2030 through localization and capacity expansion at Madhy...

India's Grey-Market Construction Equipment Exports Top Rs 4,000 Crore, and Manufacturers are Fighting Back With Tracking Tech News
India's Grey-Market Construction Equipment Exports Top Rs 4,000 Crore, and Manufacturers are Fighting Back With Tracking Tech

autherShahkar Abidi calendar31 Jul 2026

Equipment makers resort to remote tracking, domestic sales limits, and port validation to curb unauthorized overseas t...

Iveco Group CFO Anna Tanganelli to Step Down Following Tata Motors Acquisition News
Iveco Group CFO Anna Tanganelli to Step Down Following Tata Motors Acquisition

autherAutocar Professional Bureau calendar30 Jul 2026

Executive set to exit in November after completing major transaction, search initiated for next financial head.

Mahindra Farm Profit Up 15 Percent and Tractor Margin Narrows News
Mahindra Farm Profit Up 15 Percent and Tractor Margin Narrows

By Anurag Chaturvedi, Shahkar Abidi & Prerna Lidhoo calendar30 Jul 2026

Tractor volumes rose 18 percent in the June quarter, though market share slipped from a record 45.2 percent. Managemen...

Mahindra Bets on Recycling Scale-Up as New Environmental Mandates Loom News
Mahindra Bets on Recycling Scale-Up as New Environmental Mandates Loom

By Shahkar Abidi, Prerna Lidhoo and Anurag Chaturvedi calendar30 Jul 2026

Company expects Mahindra Accelo division to gain traction as end-of-life vehicle regulations kick in.

Switch Mobility Secures Supply Order for 650 Electric Buses in Maharashtra News
Switch Mobility Secures Supply Order for 650 Electric Buses in Maharashtra

autherDev Vadchhedia calendar30 Jul 2026

Commercial vehicle maker will supply buses to Sai Green Projects for deployment across Mumbai and Pune.

M&M Posts 34% YoY Growth in Q1 FY27 Consolidated Profit News
M&M Posts 34% YoY Growth in Q1 FY27 Consolidated Profit

autherKiran Murali calendar30 Jul 2026

The company said its auto and farm businesses continued to deliver growth and profitability, with combined profits ris...

CASE India Names Sachin Tare as Director of Manufacturing News
CASE India Names Sachin Tare as Director of Manufacturing

autherDev Vadchhedia calendar30 Jul 2026

Industry veteran brings over three decades of automotive and engineering experience to head operations at Pithampur fa...

Force Motors Reports Q1 FY27 Net Profit of Rs 217 Crore News
Force Motors Reports Q1 FY27 Net Profit of Rs 217 Crore

autherAutocar Professional Bureau calendar29 Jul 2026

Commercial vehicle manufacturer posts 6% revenue growth alongside share acquisition of Veera Tanneries.