Author Archive

3M opens a new design center in India

3M announced the opening of a new 3M Design Center in India, another hub next to Milan, Tokyo and the design headquarters in St.Paul Minnesota, to accelerate the growth of design across the global enterprise. Aligned with 3M Design’s mission around collaborative creativity, this uniquely designed studio will house a team of designers with diverse

Tata Steel completes acquisition of Bhushan Steel

Tata Steel Limited announced that its wholly-owned subsidiary Bamnipal Steel Limited (BNPL), has successfully completed the acquisition of controlling stake of 72.65 per cent in Bhushan Steel Limited (BSL). “The investment from BNPL in BSL has been done through a combination of equity of Rs 158.89 crore and inter-corporate loan of Rs 34,973.69 crore. Additionally,

EXCON awarded “Top B2B Exhibition in India”

EXCON, the international trade fair and conference on construction equipment and technology, won the first prize in India’s Top B2B Exhibition category presented by IEIA and the Economic Times. The Confederation of Indian Industry (CII), India’s leading industry association, launched EXCON in 2000 and Indian Construction Equipment Manufacturers’ Association (ICEMA) being the sector partner for

Making India’s Roads Safer and Greener

The road sector in India is rapidly scaling new heights with the highest-ever project-awarding of 17,055km,and road construction touching 9,829km in FY18.Here, industry experts delve in to the details of how to make India’s roads safe and green. Indian companies should collaborate with global manufacturers India has huge road network and a greater potential to

Better days ahead for CE industry

All the global players are in India for the fact that Indian market place is growing and the growth is sustainable. Construction equipment industry expert Rajinder Raina The global heavy construction equipment (CE) market is expected to reach USD 90.4 billion by 2025 at a CAGR of 5.4 per cent. So, what is the outlook

CE industry on road to recovery

An in-depth analysis on the recent performance of CE industry in India and the road ahead for CE manufactures. The infrastructure sector is one of the major growth drivers of the Indian economy and thus, hold immense importance in the overall growth of the country. As per the Planning Commission estimates total infrastructure spending to

The Art of Bridge Building

Formworks and scaffolding forms an essential component for bridge building in india as it provides speed of erection,safety,cost-efficiency and flexibility for longer period. Scaffolding is an aged practice of using bamboo materials previously. The necessity for speedy erection in lesser time with demand for higher safety, longer life coupled with flexibility in size and cost

Zojila Pass: Asia’s longest tunnel inaugurated

Prime Minister Narendra Modi attended the commencement of work of Zojila tunnel and ring roads in Jammu and Srinagar On 19th May, Prime Minister Narendra Modi inaugurated the Zojila tunnel project, which will provide all-weather connectivity between Srinagar, Kargil and Leh and, at 14.2 km, will also be the country’s longest road tunnel. It will

Access equipment for bridge maintenance

An in-depth analysis on the access equipments for bridge maintenance There are thousands of old bridges in the country many of which are in decaying state needing immediate repairs. Therefore, special purpose vehicle in the form of access equipment can only be termed as the need of the hour. Access equipment are among the highest

Why sureties critical to on time project execution

Construction is a risky business and even capable and well-established contractors can potentially fail. Vikash Khandelwal, CEO of Srei-CBL Guarantees Joint Venture explains why sureties is a wise idea in providing financial security. As per the recent economic survey released in January’2018, India will require US $4.5 trillion till 2040 in the infrastructure sector. This