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India to become third-largest economy by 2030-31: S&P Global
India is on course to become the world's third-largest economy by fiscal 2030-31, driven by a projected annual growth rate of 6.7 per cent, according to S&P Global’s inaugural study, India Forward: Emerging Perspectives.
Digital tools will meet India’s infrastructure demands
Innovations are driving sustainable road development across India.
HAM has done wonders to the road sector
A look at the transformative shift from traditional EPC contracts to more dynamic frameworks such as Build-Operate-Transfer (BOT) and Hybrid Annuity Models (HAM).
PM Gati Shakti addresses planning gaps in infrastructure projects
The PM Gati Shakti programme reduces logistical costs that currently account for 13-14 percent of India’s GDP.
Financiers are increasingly interested in RE and sustainable projects
During a recent press conference where India Infrastructure Finance Company Limited (IIFCL) signed an MoU with GuarantCo, Padmanabhan Raja Jaishankar, Chairman of IIFCL, spoke about the company’s focus on renewable energy and other infrastructure segments
CV industry expects turnaround in H2FY25
During FY24, the CV industry faced unexpected challenges, resulting in muted volume growth of 0.7 per cent.
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Gadkari vows rapid transformation for Nagpur
Union Minister Nitin Gadkari has pledged to expedite the transformation of Nagpur, emphasising the government's commitment to the city's development.
Highways to Progress
India’s road infrastructure has evolved through innovative public-private partnerships, technological advancements, and sustainability initiatives, driving economic growth and setting global standards.
Metro Rail sustainability suffering from affordability & connectivity
An affordable fare structure & an efficient last-mile connectivity are vital for Metro Rail
Sustainability and innovation: The key drivers
The construction industry is a major contributor to climate change, so there is a growing demand for eco-friendly construction methods and materials. By combining sustainability and innovation in technology, India can create a world-class infrastructure system that can support its economic growth and social progress, writes VG Sakthikumar, Chairman and Managing Director, Schwing Stetter India.
Charting growth path for road sector
The 13th India Roads Conference (IRC) – with the theme of "Road Construction Business: Establishing safe, sustainable, inclusive and intelligent road network in India” – explored new opportunities for stakeholders in the road construction business.
L&T, NCC bids for Rs 56.88 bn Hyderabad Airport Metro project
The Hyderabad Airport Metro has confirmed the receipt of two significant bids from L&T and NCC for the Rs 56.88 billion tender aimed at selecting an EPC contractor for the Airport Metro project.
Technology drives John Deere’s 25-year success in India
Over its 25 years, John Deere has shown significant commitment to investment in manufacturing and product development in India
Cabinet approves National Green Hydrogen Mission
The Union Cabinet has approved National Green Hydrogen Mission. The initial outlay for the Mission will be Rs 197.44 billion including an outlay of Rs174.90 billion for the SIGHT programme Rs 14.66 billion for pilot projects Rs 4 billion for R&D and Rs 3.88 billion towards other Mission components.
Up-grading roads!
The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.
Truck Safety Matters – Multi Party Campaign
Integrated Transport Centre in Abu Dhabi, Al Masaood, Bridgestone and RoadSafetyUAE teamed up for a multi-party initiative.
Towering Ahead!
The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.
L&T concludes the divestment of 99 MW Hydro Power Plant with Renew Power
L&T concluded the divestment of its 100% stake in the 3 x 33 MW (99 MW) hydroelectric power plant at Singoli-Bhatwari in Uttarakhand
Next stage of airport privatisation to begin in April
Next stage of airport privatisation to begin in April
Ramky opens C&D waste recycling plant in Hyderabad
The plant has the capacity to process up to 500 tonne of C&D waste for recycling per day.
Government plans to set up 13th major port
The Union Cabinet has given its "in-principle" approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.
Govt to set up 13th major port
The Union Cabinet has given its ?in-principle? approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
Good transshipment facilities will drive port sector growth
In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.
Indian market is a priority for Ammann Group
Started operations in India in April 2013 joining hands with Apollo Group, Ammann Group has come a long way in a short span.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
Infrastructure Revival to Push CE Growth
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
Digital Platform for efficient CE Sourcing
With markets being overcrowded and competition more intense than ever, coupled with a flurry of information in this digital age creates a lot of distractions.
Operator Training: Need of the Hour
These are good times for construction equipment industry. Orders have gone up, thanks to a revival in the economy fuelled by government's affirmative actions to nurse the infra development sector back to health.
Bridge Replacement Work on Track
The Manitowoc MLC650 was selected to replace Montreal?s Champlain Bridge because of its ability to enable high-capacity lifts will minimal adjustments. Two Manitowoc MLC650s are working on a project to replace the Champlain Bridge, which spans the Saint Lawrence River in Montreal, Quebec, Canada.
Used equipment without safety standards is a challenge
There is a lot of positivity in the industry though things have not picked up to the extent that we hoped for; what we expected to happen in three months may happen in six months time. We feel that the industry is going to be 10-15 per cent better after six months; and from next year, things will start falling in place.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,
Maximising Output
Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.
At Terex, we are very bullish about India growth story
Vijay Sharma, Executive Director, Terex Equipment India: The huge quantum of the infrastructure to be developed over a period of time, tells no other story. Even for the metros to sustain for another 25 years, we need better infrastructure, better connectivity.
Cold Recycling: A Success Story
Larsen and Toubro (L and T) opted for a WR 2400 cold recycler and Hamm 3520 and 311 compactors to rehabilitate a motorway in the Golden Quadrilateral.The Golden Quadrilateral is a gigantic motorway network stretching 5,846 km. It connects the Indian metropolises of New Delhi, Chennai, Mumbai and Kolkata. The four-lane sections are being rehabilitated and extended to six lanes, and Indian construction company L and T is carrying out this work as part of a public-private partnership (PPP) proj
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.
The government should award projects only after securing key sovereign clearances.
With the government planning for a major infrastructure boom in the North-Eastern states, we foresee a lot of potential for businesses to grow and flourish. The government plans to make investments in roads, railways, air connectivity, cyber and telecom connectivity and power in this region, says Amit Gossain, Vice President - Marketing and Business Development, JCB India. Excerpts of the interview.
We achieve fuel average based on our design of the whole machine.
OUR distribution network comprises 40 main nodes, and in each main node, we have one or two secondary or tertiary nodes. Altogether, we have 40 main nodes and about 155 branches including the secondary and tertiary nodes. We have taken pains to see the dealer and customer touch-points are good