Mahindra Unveils COMPAX Mini Compactor at EXCON

16 Dec 2025 CW Team

Mahindra’s Construction Equipment business has unveiled the Mahindra COMPAX, a new mini compactor for the road construction industry, at the CII-organised EXCON exhibition held at the Bangalore International Exhibition Centre. Alongside the launch, the company also showcased its advanced CEV-V range of machines, designed to set higher benchmarks in comfort, productivity, performance and operator earnings.

Speaking at the event, Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director and CEO of SML Mahindra Ltd, said Mahindra’s commercial vehicles and construction equipment are known for their advanced technology, fuel efficiency, robust build and reliability. He added that the Mahindra COMPAX carries the same DNA and is expected to deliver higher profitability for customers, backed by the company’s deep understanding of India’s infrastructure challenges and strong indigenous manufacturing capabilities.

Mahindra Construction Equipment has an established presence in the segment, led by the Mahindra RoadMaster motor grader, which holds over 18 per cent market share and is positioned as a cost-effective solution for faster road construction. The company also highlighted the Mahindra EarthMaster backhoe loader, known for enhanced torque, fuel efficiency and features that improve productivity and operator earnings.

The business is supported by a growing service and spares network of more than 136 touchpoints across the country. This includes over 51 dealerships with service facilities, authorised service centres, dedicated sales outlets and more than 50 spare parts locations, ensuring strong after-sales support for customers.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..