Impact of Covid-19 on the CE industry: A conversation
The year 2020 was a tough year for all the sectors. However, announcements post mid-year helped the sector in getting back its momentum. For 2021, the Government has proclaimed multitude of announcements and new projects in the budget. The government has added around 7,400 new projects, which will ensure a better year for the infrastructure sector as well as for the construction equipment industry.
CASE Construction has always been at the forefront of innovation and technology. In India, the company provides a wide gamut of construction equipment ranging from excavators to loaders, and from compactors to graders. Speaking on the current scenario of motor graders in India, Sandeep Mathur, Brand Leader, CASE India, says, “In a bid to increase the foreign investment, the government is also focusing on opening and commercialising the mining sector, which will result in more opportunities for the motor grader market. At CASE, we’re ready to make the most of these opportunities with our portfolio of motor graders 865B and 845B customised for tough mid-mining projects and large road projects.”
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J&K CM Rules Out Power Privatisation, Focuses on Sector Reform
Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..
Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland
The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..
Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender
Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..
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