Machinery
Construction Equipment Sector Records Robust Growth in Domestic and Export Sales: ICEMA
India’s construction equipment sector is witnessing accelerated growth in both domestic and export markets, according to the Indian Construction Equipment Manufacturers Association (ICEMA). The...
Sany Heavy Industry Considers Stake Sale in India Amid Strategic Realignment
Sany Heavy Industry, the Chinese construction equipment giant, is reportedly exploring a stake sale in its Indian operations as part of a broader strategic...
Javelin Missile Co-Production: A New Era for India’s Defense Industry
The Javelin Joint Venture, a collaboration between Lockheed Martin and Raytheon Technologies, is actively exploring co-production opportunities in India. With India’s increasing focus on...
NSE SME: Readymix Construction Machinery Makes a Weak Market Debut
Readymix Construction Machinery, a small and medium enterprise (SME) listed on the NSE SME platform, had a lackluster stock market debut, disappointing investors expecting...
Action Construction Equipment in Talks with Kato Works for Joint Venture; Shares Surge 3%
In a strategic move to expand its market presence, Action Construction Equipment (ACE) is reportedly in discussions with Japan-based Kato Works to establish a...
Construction Equipment Industry Records Highest H1 Growth in Three Years
India's construction equipment industry has achieved its highest first-half (H1) growth in three years, driven by increased infrastructure spending, rapid urbanization, and strong demand...
India Aims for 75% Farm Mechanisation by 2047 to Boost Small Farmers
India has set an ambitious target to achieve 75% farm mechanisation by 2047, a significant increase from the current level of 47%. This initiative...
CNH India Plans to Expand Tractor Production Capacity to 100,000 Units
CNH India, a leading player in the agricultural machinery sector, is considering a major expansion of its tractor manufacturing capacity, with plans to scale...
Mahindra Farm Equipment Reports 15% Growth in January Tractor Sales
Mahindra & Mahindra’s Farm Equipment Sector (FES) has recorded an impressive 15% year-on-year growth in tractor sales for January 2025, reinforcing its leadership in...
JCB Hits Major Milestone: One Million Backhoes and Counting
Global construction equipment giant JCB has reached a historic milestone by manufacturing its one-millionth backhoe loader, reinforcing its position as a leader in the...
