Indo Farm Secures Tower Crane Tech Transfer from Leading Chinese Firm

25 Apr 2025 CW Team

Indo Farm Equipment Limited (BSE: 544328, NSE: INDOFARM), a prominent player in India’s heavy equipment and agricultural machinery sector, has announced a major technology transfer agreement with Sichuan Hongsheng Heavy Machinery Co. Ltd., a top Chinese construction equipment manufacturer. The partnership is facilitated through Beida Commercial & Trade Company.

Under the agreement, Sichuan Hongsheng will transfer comprehensive design documentation and technical drawings for Stationary Type Tower Cranes to Indo Farm. This strategic move marks Indo Farm’s formal entry into the high-demand construction and infrastructure equipment segment, particularly the tower crane market.

The collaboration empowers Indo Farm to begin local manufacturing of advanced tower cranes, aligning with the government’s ‘Make in India’ initiative and supporting the broader goal of self-reliance in critical infrastructure technologies.

Shubham Khadwalia, Head of Construction Equipment at Indo Farm, commented, “This partnership is a game-changer. Gaining access to globally benchmarked tower crane technology from a leader like Sichuan Hongsheng significantly enhances our capabilities. It strengthens our product portfolio and offers Indian infrastructure companies world-class solutions with local support and cost efficiency.”

This development underscores Indo Farm’s commitment to innovation and global partnerships, positioning the company to play a key role in India's growing infrastructure sector. With rising demand driven by smart city development, real estate expansion, and large-scale infrastructure projects, Indo Farm is poised to become a major contributor to the nation’s construction equipment ecosystem.

(BSE)

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..