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India’s Construction Equipment Retail Sales Drop 41% in June 2026; JCB Expands Market Share to 46%

India's construction equipment retail sales declined 41% year-on-year in June 2026 to 5,244 units, while JCB strengthened its leadership by expanding its market...

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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...

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L&T Secures Major Orders Worth Rs 2,500–5,000 Crore from Hindalco and Tata Steel

Larsen & Toubro’s Minerals & Metals division has secured large orders worth Rs 2,500–5,000 crore from Hindalco and Tata Steel for aluminium and...

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BEML Partners with Italy’s Tesmec to Introduce Advanced Surface Miner Technology in India

BEML partners with Italy’s Tesmec to introduce advanced surface miner technology in India, enabling cleaner, safer, and eco-friendly mining operations while strengthening its...

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Women Power: L&T Team Assembles and Commissions 100-Tonne Dump Truck

In a historic first for India, an all-women team from L&T Construction & Mining Machinery division assembled and commissioned a 100-tonne Komatsu HD785-7...

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Centre Plans ₹16,000 Crore Incentive Scheme to Boost Local Construction Equipment Manufacturing

The Centre is preparing a ₹16,000 crore incentive scheme to boost domestic manufacturing of construction equipment, including tunnel boring machines and cranes. The...

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Odisha Unveils Steel Expansion Plan: Eyes 130 MT Output, 70% Iron Ore Share by 2030

Odisha Chief Minister Mohan Charan Majhi has presented a grand vision to make the state India’s steel hub with a huge capacity increase...

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L&T Targets 20% Growth in Construction and Mining Machinery Business in FY’26

Infrastructure giant Larsen & Toubro (L&T) expects an explosion in the construction and mining machinery to the tune of 20% in the coming...

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Sany India Targets Rs 30,000 Crore Revenue by 2030 with Expansion and Localisation Plans

Sany India, a leading construction equipment manufacturer, has set an ambitious target to achieve Rs 30,000 crore in annual revenue by 2030, marking...