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Escorts Kubota Reports 28% Revenue Growth in Q1 FY27, Sees Strong Momentum for Construction Equipment Sector

Escorts Kubota reported a 28% year-on-year rise in Q1 FY27 revenue to ₹3,208 crore and upgraded its tractor industry outlook. The company expects...

ConstructionEquipmentGovernmentIndiaNews

Union Cabinet likely to clear incentive scheme for construction equipment manufacturing by August-end

The Union Cabinet is expected to approve a new incentive scheme by August-end to boost domestic construction and infrastructure equipment manufacturing, supporting India's...

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ACE and KATO Launch ₹200 Crore Joint Venture to Manufacture High-Capacity Cranes in India

Action Construction Equipment and Japan's KATO Works have formed a ₹200 crore joint venture to manufacture high-capacity cranes in Haryana, targeting India's infrastructure...

ConstructionEquipmentIndiaIndustrialMarket UpdatesNewsResults

Action Construction Equipment Q4 Profit Falls 6.45% Despite Sales Growth

Action Construction Equipment reported a 6.45 percent decline in Q4 FY26 net profit to ₹110.91 crore, even as quarterly sales rose 7.13 percent...

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Rising Raw Material Costs Hit Coimbatore Pump Set Industry, Daily Output Falls Sharply

The pump set manufacturing industry in Coimbatore is facing severe pressure as rising copper, steel and electricity costs force companies to increase prices,...

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Propel Industries Strengthens Electric Mining Push with New Tippers and Digital Solutions at Excon 2025

Propel Industries has expanded its electric mining and construction portfolio at Excon 2025 with the launch of four new electric tippers, a digital...

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Caterpillar India Unveils New 20 Tonne Excavator Range With Focus on Efficiency and Lifecycle Value

Caterpillar India has launched a new 20 tonne excavator range featuring Cat 321, 322 and 324 models, combining advanced electronic engine technology, improved...

ConstructionEquipmentNewsSteel DailyTrending News

Trishakti Industries Wins Tata Steel Order for Crane Deployment; Expects Revenue Boost

Trishakti Industries has bagged a significant work order from Tata Steel to deploy its advanced hydraulic truck-mounted cranes at one of the steel...

APConstructionEquipmentNews

Kobelco India Rolls Out 20,000th Excavator, Expands R&D in Andhra Pradesh

Kobelco Construction Equipment India (KCEI), the Indian subsidiary of the Japanese construction machinery producer Kobelco Construction Machinery Co., has announced that it has...