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Govt Considers 12–16% Incentive Scheme to Boost Heavy Equipment Manufacturing

The Indian government is evaluating a 12–16% incentive scheme to boost domestic manufacturing of heavy equipment, aiming to reduce import dependence and strengthen...

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ACE and KATO Form Joint Venture to Boost Construction Equipment Innovation

Action Construction Equipment and Japan’s KATO Works have formed a 50:50 joint venture, ACE KATO Pvt Ltd, to strengthen technology, manufacturing and innovation...

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Budget 2026 Pushes Domestic Construction Equipment Manufacturing with Rs 200 Crore CIE Scheme

Budget 2026 introduces a Rs 200 crore scheme to strengthen domestic manufacturing of construction and infrastructure equipment, aiming to reduce import dependence and...