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Construction sector: A huge contributor to country's development initiatives

Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.

Construction sector: A huge contributor to country's fast-paced development initiatives

Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

Covid-19 has expedited the transition from manual processes to automated systems鈥�

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Govt programmes will have direct impact on demand for bearings in the CE market

Sanjay Koul, Chairman and Managing Director, Timken India Limited

The worst is over for the CV industry

In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.

How NIP has set the tracks for growth

Recently during an interaction with the Union Minister of Roads Transport & Highways Nitin Gadkari, the Minister reiterated that he was proud to have launched a CNG based equipment model of JCB.

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Stainless steel industry seeks import duty cut on key raw materials

ISSDA seeks exemption of the 2.5 per cent basic customs duty levied while importing key raw materials

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