According to a ResearchAndMarkets.com report, the construction equipment market in India is to grow at a CAGR of 6.8 per cent during FY2018-24, on account of the country’s expanding construction industry.

Manitowoc has increased its support to customers in South Australia (SA) with the appointment of WATM Crane Sales & Service as its exclusive dealer for the region.

The first 700-tonne hydraulic excavator from XCMG has rolled off the company’s advanced assembly line in Xuzhou, China. The successful development and production of the new XE7000E makes China the fourth country in the world to have the capability of producing 700-tonne excavators after Germany, Japan and the US.

In order to address the growing demand for crushing and screening plants in the Indian market. Metso is expanding its production capabilities in Alwar. This latest investment increases Metso’s crushing and screening plant production capacity in India by 35 per cent.

The joint venture (JV) of Tata Projects-China Harbour Engineering Company (TPL-CHEC) received the Letter of Award (LoA) for constructing two packages of the Mumbai Metro Elevated Line 4. The packages lie on the line extending between Wadala and Kasarvadavali.

Vedanta Resources plc (Vedanta) has announced the appointment of Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer (CEO) and a member of the Board of Directors, effective August 31, 2018. He succeeds Kuldip Kaura, the current Interim CEO.

Cooper Corporation is amongst the first in the industry to get approval from Automotive Research Association of India (ARAI) to develop a series of gas generator sets (gensets) ranging from 10 KVA to 25 KVA. These are certified to be compliant with the new mass emission norms being administered by the Central Pollution Control Board (CPCB) in India.

CASE Construction Equipment, a brand of CNH Industrial, has reached a milestone in India by delivering its 5,000th vibratory tandem compactor, manufactured locally in Pithampur.

Mahindra & Mahindra’s Farm Equipment Sector (FES) maintained its leadership position in the tractor industry with sales of over three lakh tractors in FY18. With this, the company achieved its highest-ever annual tractor sales and registered a growth of 22 per cent in the domestic market, in FY18.