Construction Equipment

ACE Signs MoU with Bank of Baroda for CE Finance

Action Construction Equipment Ltd. (ACE), one of India’s leading construction equipment and manufacturing companies, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to provide financing solutions for the construction equipment businesses. The MOU was signed in the presence of Mr. Manish Handa, VP & Business Head of Earthmoving Equipment Division at ACE, and Mr. […]

Construction Equipment

Volvo CE unveils new ‘Built for Bharat’ EC210 Hydraulic Excavator

Volvo Construction Equipment (Volvo CE India) has unveiled the new EC210, a ‘Built for Bharat’ 20-tonne class hydraulic excavator. The introduction of this excavator reinforces company’s strong commitment to the growing Indian CE market to provide innovative and technologically advanced solutions designed specifically to the needs of customers in the country. The EC210 excavator has […]

Construction Equipment Vehicle Finance

Manappuram Finance signs pact with JCB India

Manappuram Finance India Ltd (MAFIL) has entered into a Memorandum of Understanding (MoU) with construction equipment manufacturer JCB India Ltd to finance the latter’s range of equipment and engineering products. The agreement was signed by Kamal Parmar, Head, of Vehicle and Equipment Finance, Manappuram Finance, and JCB India representative the other day. As per the […]

Garage Equipment

Kärcher stepping up presence in construction equipment space

Kärcher is known for developing highest standards of cleaning expertise and is a dominant player in the auto and industrial cleaning segment. K.V Naren, G.M. South, Kärcher Cleaning Systems India Pvt. Ltd, outlines the company’s aim of participating at EXCON and their specific focus areas in an interview with Rajesh Rajgor Kärcher Cleaning System India […]

Vehicle News

Slight recovery likely in near term: FADA

While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]

Distribution & Retail

SAMIL Utsav sees 7,900+ pre-owned vehicles auctioned in single day

Over 14,500 vehicles and other assets were displayed for the auctions with over 30,000 customer footfalls registering from over 100 cities Shriram Automall India Limited (SAMIL), India’s leading marketplace for pre-owned vehicles and other assets, has created a new benchmark in the pre-owned automobile industry with the ‘SAMIL Utsav’ event. The 11th edition of the […]

Dealerships

Tata Hitachi inaugurates new Machine Care Facility at PSN, Bengaluru

Tata Hitachi has inaugurated its new Machine Care Facility (MCF) set up by its dealership, PSN Group at Bengaluru. This is yet another step in Tata Hitachi’s constant endeavour to further strengthen customer service in Karnataka State. Kaushik Narayan, Joint Managing Director, PSN Group, said: “Our Tata Hitachi machine care facility in Bangalore will provide […]