NEWS
Volvo Sells SDLG Stake, Refocuses China Strategy
Volvo Construction Equipment (Volvo CE) will divest its entire 70 per cent holding in Shandong Lingong Construction Machinery (SDLG), transferring the...
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Bengaluru Clears Rs 420 Bn Silk Board–Hebbal Tunnel Plan
The 16.68-kilometre tunnel road planned between Central Silk Board and Hebbal, near Esteem Mall, will run some 36 metres (120 feet) below ground. Beng...
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MMRDA Clears Rs 120 Bn Metro and Transport Projects
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved 19 major infrastructure projects worth over Rs 120 billion at its Executive ...
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Adani’s Mumbai Airport Wins $750 Mn Apollo Backing
Mumbai International Airport Ltd (MIAL), a subsidiary of Adani Airport Holdings, has raised $750 million through four-year unsecured notes placed with...
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Delhi–Jaipur Drive to Shrink by One Hour
The National Highways Authority of India (NHAI) will open a 67-kilometre four-lane spur between Bandikui and Jaipur by mid-July, trimming the Delhi–...
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FY2026 is expected to witness a gradual recovery in backhoe loader sales
Siddharth Chaturvedi, Head Marketing, Tata Hitachi Construction Machinery, shares his expectations for the backhoe loader market in FY2026.What techno...
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Maharashtra Clears Rs 208 Bn Shaktipeeth Expressway Land
The Maharashtra Cabinet has approved land acquisition worth about Rs 208 billion for the proposed 802-kilometre Shaktipeeth Expressway, which will run...
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ITD Cementation Bags Rs 9.6 Bn Orders in Airports, Realty
Engineering and construction specialist ITD Cementation India has won two new orders worth about Rs 9.6 billion (exclusive of GST). One package covers...
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Rajasthan Invites Bids for 1 GW Battery Storage Roll-out
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has launched a request for selection to develop 1 000 MW / 2 000 MWh of standalone battery-energy...
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Backhoe Boom
India’s backhoe loader market is booming, with sales crossing 53,000 units in FY25. Despite the rapid evolution of construction equipment and increa...
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