+
Now, SANY India expands its presence in Odisha
Equipment

Now, SANY India expands its presence in Odisha

SANY Heavy Industry India opened the Raghunath Machinery head office at Rayagada in Odisha. The establishment of this state-of-the-art facility underscored Sany’s commitment to providing unparalleled service and support to its customers in South Odisha and Western Odisha regions. The strategic location of the office enabled the company to offer seamless access to sales, service, and spare parts, thereby enhancing customer satisfaction and operational efficiency. Raghunath Machinery plans to open offices across Odisha in Jaypore, Sambalpur, Bolangir and Bhawanipatna, expanding accessibility and support for customers across the region.
Contact: SANY India
Tel: 2135 670288
Website: www.sany.in

Truck-mounted concrete pumps market size worth $8.9 billion in 2028: Adroit Report
According to Adroit Market Research, the size of the truck-mounted concrete market is expected to be worth $8.9 billion in 2028, growing at a CAGR of 7.78 percent from 2021 to 2028. Truck-mounted concrete pumps can handle huge quantities of concrete and distribute it exactly to the correct areas, saving time and labour expenses. They are becoming more effective and user-friendly thanks to improvements in pumping systems, remote control capabilities and automation. As they produce less leakage and waste than other concrete laying techniques, concrete pumps are said to be more ecologically friendly. Construction businesses are choosing more efficient and environmentally friendly concrete pumping methods in response to tighter restrictions and growing environmental concerns.

Kuehne+Nagel India, Magenta Mobility partner to electrify fleet
Kuehne+Nagel has partnered with Magenta Mobility to electrify its fleet in India. As part of this partnership, Magenta Mobility will be responsible for furnishing electric vehicles (EV) to support Kuehne+Nagel's road logistics operations in India. As part of its Roadmap 2026 and Vision 2030 to become the most trusted supply chain partner supporting a sustainable future, the company is working to reduce emissions by 33 per cent by 2030. Specifically for road logistics, the company aims to have 60 percent low-emission vehicles in its own fleet by 2030.The government has set its sights on propelling the nation towards a developed country status by 2047, emphasising upon EVs and the transition to a low-carbon economy.
Contact: Kuehne+Nagel India
Website: www.in.kuehne-nagel.com

Light tower rental market size will be worth $1.61 billion by 2029
The global market for light tower rental services holds significant importance as it offers a cost-efficient solution for various industries and businesses needing to illuminate large work areas and outdoor venues. The light tower rental market is expected to reach an anticipated value of $1.61 billion by 2029. Light towers involves leasing portable structures that emit powerful illumination for temporary lighting needs and cater to temporary lighting at construction sites, mining, oil and gas fields, mining operations, as well as emergency and disaster response endeavours. Leading the market are United Rentals, Aggreko, Sunbelt Rentals, Atlas Copco, Ashtead Group (A-Plant), Gallagher Power Fence, Align Aggregates and Trime Group.

REC triples funding, to offer financing for 50,000 e-buses
REC almost tripled its funding for electric buses to roughly 10,000 buses in FY24. The disbursal grew from `24.39 billion in FY23 to `71.24 billion, underlying strong traction for e-buses across state transport undertakings across the country. REC outlined a 10-fold higher allocation for the renewable energy portfolio to about `3 trillion by 2030. TSC Bosh, ED, REC, said REC has plans to promote electric mobility in both the state transport bus industry and private tour and travel operators who want to transition to electric mobility.
Contact: REC
Website: www.recindia.nic.in

SANY Heavy Industry India opened the Raghunath Machinery head office at Rayagada in Odisha. The establishment of this state-of-the-art facility underscored Sany’s commitment to providing unparalleled service and support to its customers in South Odisha and Western Odisha regions. The strategic location of the office enabled the company to offer seamless access to sales, service, and spare parts, thereby enhancing customer satisfaction and operational efficiency. Raghunath Machinery plans to open offices across Odisha in Jaypore, Sambalpur, Bolangir and Bhawanipatna, expanding accessibility and support for customers across the region. Contact: SANY India Tel: 2135 670288 Website: www.sany.in Truck-mounted concrete pumps market size worth $8.9 billion in 2028: Adroit Report According to Adroit Market Research, the size of the truck-mounted concrete market is expected to be worth $8.9 billion in 2028, growing at a CAGR of 7.78 percent from 2021 to 2028. Truck-mounted concrete pumps can handle huge quantities of concrete and distribute it exactly to the correct areas, saving time and labour expenses. They are becoming more effective and user-friendly thanks to improvements in pumping systems, remote control capabilities and automation. As they produce less leakage and waste than other concrete laying techniques, concrete pumps are said to be more ecologically friendly. Construction businesses are choosing more efficient and environmentally friendly concrete pumping methods in response to tighter restrictions and growing environmental concerns. Kuehne+Nagel India, Magenta Mobility partner to electrify fleet Kuehne+Nagel has partnered with Magenta Mobility to electrify its fleet in India. As part of this partnership, Magenta Mobility will be responsible for furnishing electric vehicles (EV) to support Kuehne+Nagel's road logistics operations in India. As part of its Roadmap 2026 and Vision 2030 to become the most trusted supply chain partner supporting a sustainable future, the company is working to reduce emissions by 33 per cent by 2030. Specifically for road logistics, the company aims to have 60 percent low-emission vehicles in its own fleet by 2030.The government has set its sights on propelling the nation towards a developed country status by 2047, emphasising upon EVs and the transition to a low-carbon economy. Contact: Kuehne+Nagel India Website: www.in.kuehne-nagel.com Light tower rental market size will be worth $1.61 billion by 2029 The global market for light tower rental services holds significant importance as it offers a cost-efficient solution for various industries and businesses needing to illuminate large work areas and outdoor venues. The light tower rental market is expected to reach an anticipated value of $1.61 billion by 2029. Light towers involves leasing portable structures that emit powerful illumination for temporary lighting needs and cater to temporary lighting at construction sites, mining, oil and gas fields, mining operations, as well as emergency and disaster response endeavours. Leading the market are United Rentals, Aggreko, Sunbelt Rentals, Atlas Copco, Ashtead Group (A-Plant), Gallagher Power Fence, Align Aggregates and Trime Group. REC triples funding, to offer financing for 50,000 e-buses REC almost tripled its funding for electric buses to roughly 10,000 buses in FY24. The disbursal grew from `24.39 billion in FY23 to `71.24 billion, underlying strong traction for e-buses across state transport undertakings across the country. REC outlined a 10-fold higher allocation for the renewable energy portfolio to about `3 trillion by 2030. TSC Bosh, ED, REC, said REC has plans to promote electric mobility in both the state transport bus industry and private tour and travel operators who want to transition to electric mobility. Contact: REC Website: www.recindia.nic.in

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?