Excon gives us an opportunity to connect to new customers
PORTS & SHIPPING

Excon gives us an opportunity to connect to new customers

- Anand Sali, Director, Simem Construction & Environmental Engineering Stall No.:  OD 58Established in 1963, Simem has been designing and manufacturing machinery and plants for the construction industry for over&nbs...

- Anand Sali, Director, Simem Construction & Environmental Engineering Stall No.:  OD 58Established in 1963, Simem has been designing and manufacturing machinery and plants for the construction industry for over 50 years. The company now offers a wide range of products specifically designed for the production of concrete. Anand Sali, Director, Simem Construction & Environmental Engineering, shares more...Market outlook: The market was on a slowdown the past year owing to elections for Parliament and then assemblies in certain states. The Rs.100 billion boost given by our finance minister recently to the housing market is expected to kickstart growth in coming days.Demand drivers for the company’s offerings: In the past two years, the road construction segment was the main driving force for our batching plant business as we are specialists in big plants.Business opportunities at Excon: We have been an exhibitor at Excon since 2009. We already have a sizable presence in India with a big customer base. Excon gives us an opportunity to connect to new customers and locate dealers in various areas where we want to expand our businessKey products at the expo: As is our practice, we are introducing some new products each Excon. This year is no different. We have introduced our most popular concrete batching plant, Jumper, with a planetary mixer of 1 cu m capacity. Further, we are also introducing trailer-mounted concrete pumps and a 37-m boom pump.Meeting buyer requirements: Simem has always been at the forefront of customising concrete batching plants for all types and segments. We have supplied customised plants to various reputed projects worldwide, including the Eurotunnel, the Panama Canal and Petronas Towers.

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Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

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Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

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Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

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