AEM, SmartEquip join hands for OEM parts e-marketplace

30 Sep 2022 CW Team

The Association of Equipment Manufacturers (AEM) is entering the ecommerce space in partnership with SmartEquip. The two will launch a two-sided e-marketplace to sell and purchase construction and utility equipment parts. Owned and marketed by AEM, the marketplace will be powered by SmartEquip’s software.

"SmartEquip is excited to offer its technology to facilitate AEM’s launch of its e-marketplace,” said SmartEquip executive chairman Bryan Rich. “Through SmartEquip’s platform, AEM will deliver the only industry-controlled offering of OEM aftermarket support to equipment end-users."

Rich said the e-marketplace will provide an additional channel for original equipment manufacturers (OEMs) to efficiently capture equipment, customers and parts sales within the secondary and tertiary markets and increase their aftermarket lifetime value. The marketplace is set to launch in Q1 2023 and will be featured at ConExpo-Con/Agg in March 2023.

The e-marketplace will provide construction and utility equipment owners with convenient and secure access to purchase parts from multiple brands in one place. It will allow equipment owners to broaden their use of original equipment parts and give them ready access to parts books that facilitate finding and ordering correct parts for easy repairs.

“AEM’s partnership with SmartEquip is a win-win for construction and equipment owners and manufacturers alike,” said AEM President Megan Tanel. “Working together, we are creating a first-of-its-kind marketplace to help our member manufacturers capture lost part sales and provide owners of mixed fleets with a single, common source to purchase the parts they need to keep their businesses moving forward.”

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..