Latest-Updates-On-Construction-Companies

Transport Infra on Track - Roads, Bullet Train contracts

The festive season has begun on a positive note. Larsen & Toubro (L&T) was not only named the ‘Largest & Most Profitable Construction Company’, its SPV, L&T Metro Rail’s Managing Director KVB Reddy was also named ‘Construction World Person of the Year (Private Sector)’ at the 18th Construction World Annual Awards, and it emerged the lowest bidder at Rs 249.85 billion for the design and construction of 237-km length of viaduct for the 508-km Mumbai-Ahmedabad bullet train project

Why wait for a Mason, when Mapei’s “Easy to apply” product range is here

MAPEI India is a leading manufacturer of construction chemical products.

Ramco Cements receives Community Develop Award

Ramco Cements’ fight against Corona pandemic started much before the lockdown on 22nd March 2020 and continues till date.

NHAI set to make FY 2021 the best year of highway construction

Set to spend Rs 2 trillion & build 11,000 km

BEML wins 2 categories at Equipment India Awards

BEML LIMITED, a Schedule ‘A’ Company under Ministry of Defence, Govt. of India, received the prestigious ‘8TH ANNUAL EQUIPMENT INDIA AWARDS 2020’ in ‘Best Seller in Crawler Dozers’ & ‘Best Seller in Rigid Dump Truck’ categories at a virtual ceremony held on 15th Oct 2020.

Trimble hosts its first-ever virtual Tekla User Days (TUD) event in India

Global construction technology leader Trimble (NASDAQ: TRMB) hosted its flagship annual event for Indian customers, Tekla Users Days (TUD) India recently. Keeping in mind the safety and well-being of the attendees in the wake of the global pandemic, this year’s conference was hosted online. This open-for-all software user conference allowed the Indian construction professionals and Tekla Structures users to attend the mega-scale event from the comfort and safety of their home or office. The highly-anticipated annual symposium drew over 3,000 participants, including industry leaders, stalwarts and professionals from across the construction lifecycle. The 2-day event was sponsored by Giza – a global leader in connection design software and Dell Technologies, a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.

21.6 km road construction per day despite COVID-19

One Ministry that seems to have beaten COVID-19 is the MoRTH.

NHAI awarded 1,330 km length of projects in FY20-21

NHAI has set a target of awarding 4,500 km of projects during the current FY.

New emission norms to add to the equipment cost for OEMs

The date of implementation of new emission norms stands deferred.

NHAI Chairman to unveil India's Fastest Growing Construction Companies and Equipment Bestsellers

It is true that the impact of COVID-19 impact on India Inc in FY2020 was only for a few days – the last two weeks of March. But many would agree that the Indian economy was already in trouble and COVID-19 only exposed the fault lines.

Major boost to port sector reforms

The Indian Port sector is witnessing deceleration in cargo decline in Q2 FY2021, with cargo at Indian ports witnessing Y-o-Y decline of ~9% each in July and August, after severe contraction of ~22% in Q1 FY2021 due to the impact of Covid-19 pandemic. The recovery has been relatively better at non major ports. The recovery trend is driven by easing of containment measures and uptick in economic activity. The major cargo segments impacted are POL, coal and containers; while fertilisers and iron ore have bucked the trend and grown during 5m FY2021.

PLI Scheme draws ₹ 11.5 trillion FDI

India’s PLI scheme has attracted Rs 11.5 trillion FDI for manufacturing in India.