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ICEMA
Construction equipment sales, key marker of India's infra sector health, run out of steam; FY25 growth at lowest everIndia's construction equipment industry faced a slowdown in fiscal year 2025. Growth decreased to 3% due to election restrictions and proje...29 May, 2025, 11.25 AM IST- ICEMA asks govt to re-evaluate long-term implications of steel safeguard dutyThe Indian Construction Equipment Manufacturers' Association (ICEMA) has voiced concerns over the 12% safeguard duty on select steel produc...23 Apr, 2025, 10.13 AM IST
- Bharat Mobility Expo sees 90+ launches, 8 lakh visitorsOver 90 vehicle types and 80 auto components were launched at the Bharat Mobility Global Expo 2025. The event saw debut products in various...22 Jan, 2025, 08.54 PM IST
- Construction equipment sector sees muted year after polls hurt Q1 salesConstruction equipment sales in India have stayed flat in the first quarter of FY25 due to a slowdown in road construction projects and sub...19 Jul, 2024, 12.14 AM IST
- Plan to double market share in country: Volvo CE India MDVolvo CE India aims to double its market share in India's CE sector, currently at 6.5%. Managing Director Dimitrov Krishnan plans to achiev...19 Jun, 2024, 10.02 PM IST
- Construction equipment sales rise 26% to 1,35,650 units in FY24: ICEMAIndia's construction equipment industry saw a 26% increase in sales to 1,35,650 units in the 2023-24 fiscal, thanks to the government's inf...06 May, 2024, 10.11 PM IST
- Construction equipment sales rise 30 pc to 36,055 units in Q3 of FY24: ICEMAICEMA President V Vivekanand requested the government to ensure that the steady pace of execution of projects is maintained, which is criti...30 Jan, 2024, 06.33 PM IST
- Construction equipment sales rise 31 per cent to 30,078 units in second quarter of FY24: ICEMAAccording to ICEMA, the growth in sales during the second quarter of the current fiscal comes on the back of positive growth in all five of...06 Nov, 2023, 04.38 PM IST
- Construction and equipment manufacturers seek production linked incentive scheme for industryConstruction and equipment (CE) manufacturers are requesting the Indian government to implement a production linked incentive (PLI) scheme ...06 Aug, 2023, 02.38 PM IST
- Public sector coal companies to invest Rs 2.5 lakh crore in new business by 2030: Minister Pralhad JoshiPublic sector coal companies have made an investment plan of Rs 2.5 lakh crore by 2030 towards "new business", Union Minister Pralhad Joshi...01 Aug, 2023, 10.02 PM IST
- High fuel cost is putting pressure on construction industry: Nitin Gadkari“The cost effectiveness in construction is very important. Presently the diesel which we are using is hazardous. The construction industry ...12 Jul, 2022, 07.45 PM IST
- Duty-related measures a timely move by govt to control steel prices: Industry body ICEMAOn Saturday, the government announced waiving of customs duty on the import of some raw materials, including coking coal and ferronickel, u...23 May, 2022, 06.48 PM IST
- Export a new opportunity for construction equipment industryThe Indian CE market has been hobbled by the fact that the bigger machines are imported from China, Korea and Japan.26 Feb, 2021, 10.05 AM IST
- Auto companies cut output targets as steel supplies fall shortThe production schedules for the ongoing fiscal Q4 are being revised downward by 15-20%, which could potentially mean a loss of over 1.5 la...13 Jan, 2021, 07.20 AM IST
- JCB India : Construction equipment industry to grow in FY21The recovery in the second quarter helped reduce the fall to 35% for the first half. Added demand during the festive period further reduced...25 Nov, 2020, 07.00 PM IST
- Vote on Account 2014: Duty cut to help sector; higher cut requiredExcise duty on capital goods which includes bulldozers, graders, road rollers and consumer durable goods has been proposed to be lowered to...17 Feb, 2014, 09.26 PM IST
- Construction equipment industry demands cut in excise dutyLand acquisition issues, absence of environmental clearances and severe deterioration in financial health of companies in the space has hit...16 Feb, 2014, 12.52 PM IST
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