“Localising production will be key.”

02 Jan 2019 CW Staff

Doosan Bobcat India launched the E-27 mini excavator, apart from its signature products of skid-steer loaders. Manjunath S, General Manager and Sales Head, shares more on the company’s plans and market outlook…

One pathbreaking offering: We are proving skid-steer loaders as the most versatile machines with more attachments to perform different jobs. We have started offering attachments on a rental basis through our dealers.

Demand drivers in 2019: Municipalities are going to be major demand drivers because of government schemes (Swachh Bharat), and our machines have proven their importance in municipalities in the country. Also, the rural roads segment is another demand driver.

Announcement contributing to the company’s growth in 2018: We sold 38 units of skid-steer loaders to Patna Municipal Corporation, keeping our growth prospects alive.

Challenge for the company in 2019: There are two major challenges for us looking at 2019. One is making the launch and subsequent sales of our backhoe loaders a success. The second challenge is, of course, the general elections.

Key strategy to success in 2019: We have bought an existing backhoe loader plant near Chennai to develop and manufacture backhoe loaders. Localising production of skid-steer loaders, mini excavators and backhoe loaders in India, and strengthening channel partnership will be the key strategy for 2019.

Recommendation for growth of the construction equipment market: The government should support at policy levels, and government bodies such as municipalities should buy the right products and utilise funds in the right manner for the development of the country as well as the enhancement of the construction equipment industry. For government purchases, we suggest waiving customs duty for schemes such as Swachh Bharat.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..