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Big Apple Boosts India’s Manufacturing Optics
Big Apple Boosts India’s Manufacturing Optics
Fuelling Innovation
Lubricants are essential to keeping engines and industrial machinery in optimal condition.
CICEE 2023 gets tremendous response from Indian CE rental industry
CERA India took great pride in representing 45-50 Indian delegates who collectively showcased the Indian rental fraternity on this influential platform.
Rail projects worth Rs 33.6k cr approved for MMR
An official said that projects worth Rs 33690 crore were approved with the goal of creating additional infrastructure for Mumbai's suburban railway network which is often referred to as the lifeline of the country's financial capital and its surrounding metropolitan region.
ExxonMobil to build lubricant manufacturing plant in India
Exxon Mobil said announced it is investing about Rs 900 crore to build a lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad.
BMC would spend Rs 60 bn to pave 400 km of roads
In the upcoming years will Mumbai's pitiful potholed roads ultimately be fixed? The Brihanmumbai Municipal Corporation (BMC) has chosen five large construction companies with a track record in building national highways to carry out the job and has eliminated small road contractors in order to execute the largest-ever civic contract to concrete 400 km of road for Rs 60 billion.
VECV delivered 50 Eicher CNG buses to PMPML
VE Commercial Vehicles (VECV) delivered 50, 24-seater Eicher CNG AC Buses to Pune Mahanagar Parivahan Mahamandal Limited (PMPML). These buses were flagged off by Devendra Fadnavis and Maharashtra BJP president Chandrakant Patil in Mahatma Phule Mandai, Pune.
VECV delivered 50 Eicher CNG buses to PMPML
Bus service flagged off by former CM Devendra Fadnavis and Maharashtra BJP president Chandrakant Patil
1st IIEF lauds innovations in 5 categories
Industrial Products Finder (IPF), India’s largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments— Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021.
ÿÈÕ³Ô¹Ï Awards 2020
At the 8th Annual ÿÈÕ³Ô¹Ï Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.
ÿÈÕ³Ô¹Ï Awards 2020 to be held online
In the prevailing pandemic conditions, The 8th Annual ÿÈÕ³Ô¹Ï Awards will be held virtually on October 15, 2020
KfW IPEX-Bank offers EUR 10 million loan to Srei Equipment Finance
KfW IPEX-Bank is enabling the export of construction machinery for Srei Equipment Finance (SEFL) to India by providing a framework loan of EUR 10 million.
Financing Challenges
Devendra Kumar Vyas elaborates on the impact of COVID-19 pandemic on infrastructure and financing sector and the challenges faced by NBFCs.
Co-lending and leasing becomes the key tool this year
Srei Equipment Finance offers innovative financing solutions to equipment purchasers, even those new to the Indian equipment financing market.
On Sustainable Growth
Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.
Srei Equipment Finance and Bank of Baroda in strategic alliance
Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.
looking forward to Newer Heights
Atlas Copco, global leaders in compressors, vacuum solutions, generators, pumps, power tools and assembly systems, is looking forward to strengthen its Make in India initiatives.
Equipment finance sector to grow at 19 per cent CAGR
We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.
Every third piece of equipment is financed by us
Overall, we see growth coming from earthmoving, road, and material handling equipment categories. More than 60 per cent of the equipment comprises earthmoving equipment (backhoe loaders, hydraulic excavators, wheel loader, etc).
We will have our biggest presence in Excon this year
The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).
Bauma is an important platform for the industry
Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.
Perkins Engine Facility Inaugurated
The Chief Minister of Maharashtra, Devendra Fadnavis, has officially inaugurated Perkins world-class engine manufacturing facility in Aurangabad.
Brexit?s Impact on India
Brexit as an event will impact the future of the UK and EU. This victory for exit, however narrow, came as a surprise as pre-voting polls predicted the results to be otherwise. The next step is to ratify the Article 50 of the Lisbon Treaty. But before the treaty there are a lot of issues which need to be worked out.
3rd Annual ÿÈÕ³Ô¹Ï Awards & CEO FORUM
The evening of March 16, 2016 was a matter of pride for ÿÈÕ³Ô¹Ï as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual ÿÈÕ³Ô¹Ï Awards.
Make In India Week
Over 8,000 Indian industry leaders and 13 Union Ministers attended the event. Seventeen state exhibitions and several country pavilions have been built at the centre. The country pavilions include exhibitions from Sweden, Germany and South Korea.
Taking to the Success Path
High performance service of Cat? machines have played a critical role in the phenomenal growth of Dilip Buildcon. Within a period of 10 years, the company?s revenue has increased from Rs.50 crore to Rs.2,500 crore, making it one of today?s top players in the construction industry.
Combo X70 Anavant-Garde Mobile Washing System
The Combo X70 is an absolute ?saver? as it recycles 90 per cent of the water required to run a plant back into its washing cycle. Therefore, Combo uses a fresh supply of meagre ~10 cu m water per hour as opposed to traditional systems consuming 10-15 times more water.
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