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Equipment

"Revolutionizing Travel through Sustainable Electric Vehicles"

The 11th Equipment India Awards 2023 marked a momentous occasion in the construction equipment industry, bringing together the industry’s luminaries and visionaries.The highly-anticipated 11th Equipment India Awards 2023, organised by First Construction Council and presented by BKT, unfo...

The 11th Equipment India Awards 2023 marked a momentous occasion in the construction equipment industry, bringing together the industry’s luminaries and visionaries.The highly-anticipated 11th Equipment India Awards 2023, organised by First Construction Council and presented by BKT, unfolded at the prestigious Shangri-La Eros Hotel, New Delhi, on October 12, 2023. Held as a part of the India Construction Festival, this grand event marked the convergence of industry stalwarts and leading construction equipment manufacturers, as well as C.A.S.H. companies, all united to acknowledge and celebrate the excellence and innovation within the construction equipment sector. The inaugural ceremony included: Pratap Padode, Founder and President, First Construction Council; Ashok Chhajer, Senior General Manager - OE Sales, Domestic Market, BKT; Sanjay Patwari, Bonfiglioli Transmissions; Anand Sundaresan, Managing Director, Amman India; and VG Sakthikumar, Managing Director, Schwing Stetter India. In his inaugural address, Padode underlined the pivotal role played by the government in infrastructure development, whether as a creator or enabler. He highlighted the remarkable commitment of the government to infrastructure investments, emphasising that central government capex had increased significantly, with expectations that it would reach 4.9 per cent of GDP in FY24 compared to 1.7 per cent in FY14. Padode also spotlighted the industry’s remarkable growth, with a 26 per cent increase in the financial year 2022-23, resulting in 107,779 units being achieved. This year, the selection process for the winners was characterised by transparency and integrity, as the jury diligently reviewed the findings presented by First Construction Council and Equipment India and officially endorsed the recipients. The availability of equipment sales data from relevant companies for the financial year contributed to this transparent process. During the event, the jury members unveiled the 18th Anniversary Issue of the Infrastructure Today magazine. This special edition focused on the four pillars of India’s economic development: Infrastructure, Investment, Innovation, and Inclusion. With India’s projection to become the third-largest economy by FY28, this Collector’s Edition featured insights from over 22 industry leaders, providing comprehensive perspectives on these vital elements shaping the Indian economy. A significant highlight of the evening was the announcement of the Equipment India Person of the Year 2023, an honour awarded to Dimitrov Krishnan, Managing Director of Volvo Construction Equipment India. Krishnan was unanimously chosen by the Jury Panel for his outstanding contributions to the industry, which have not only propelled his organisation but have also had a positive impact on the industry as a whole. The 11th Equipment India Awards 2023 celebrated and rewarded excellence in eleven Bestseller product categories. The deserving winners in these categories were: Action Construction Equipment for Mobile Cranes and Tower Cranes Ammann India for Asphalt Finishers CASE Construction India for Compaction Equipment Caterpillar India for Rigid Dump Trucks and Motor Graders Doosan Bobcat India for Skid-Steer Loaders JCB India for Backhoe Loaders LiuGong India for Wheeled Loaders Tata Hitachi Construction Machinery for Mini Excavators and Crawler Excavators Additionally, the event recognised excellence in emerging bestseller categories, with six awards presented. Sany Heavy Industry India emerged as a dominant force, securing three awards for Crawler Cranes, Truck Cranes, and Piling Rigs. Schwing Stetter India received two awards in the categories of Concrete Pumps and Batching Plants, while Ammann India was acknowledged for its excellence in the Asphalt Plants category. In the category of Trainer of the Year, Schwing Stetter India clinched the coveted award, underlining their commitment to fostering industry expertise and skills. Two Best Innovation awards were bestowed upon Terex India for their product Powerscreen Pulse Telematic System and Schwing Stetter India for TSR EV Shotcrete Pump. The event also recognised corporate social responsibility (CSR) initiatives, with CASE Construction being honoured as the CSR Company of the Year. AJAX Engineering received the Green Factory of the Year award, underscoring their dedication to environmentally sustainable practices. The 11th Equipment India Awards 2023 brought together industry leaders, innovators, and exemplary performers in the construction equipment sector, underscoring the industry’s commitment to excellence and sustainability. It served as a platform to celebrate their achievements and contributions to India’s growth and development. The evening was filled with inspiration, camaraderie, and the promise of a brighter future for the construction equipment industry in India.

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India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

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India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

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Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

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