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.

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.

Consoveyo S.A. (Consoveyo), part of Körber AG, will be exhibiting at the upcoming CeMAT Southeast Asia during May 2-6. The company’s full suite of warehouse picking solutions will be showcased at the event, along with its Automatic Storage and Retrieval Systems (ASRS).

Action Construction Equipment (ACE), India’s leading material handling and construction equipment manufacturing company, has entered into a memorandum of understanding (MoU) with URSUS S.A., one of the pioneers and leading company in tractors, agricultural machinery and electric buses, for localisation of their range of tractors based on Massey Ferguson-URSUS technology with the purpose of sourcing tractors and sub-assemblies from ACE and export to other parts of the world.

Mahindra & Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for March 2018. Domestic sales in March 2018 were at 26,958 units, as against 17,973 units during March 2017.

Shriram Automall India (SAMIL) has inaugurated its 74th automall facility in Salem with an aim to serve growing used vehicles and equipment in the city and nearby areas.

Rs 1.2 trillion investment in roads and highways; extension of 3.17 lakh km of rural roads; 35,000 km highway construction under Bharatmala Pariyojana scheme- it seems that there is a lot slated to happen in the coming years in rural roads and highways.

In a bid to deal with the critical pollution situation in the national capital, the Ministry of Petroleum has brought forward the date for the rollout of BS-VI fuel for Delhi to April 1, 2018 instead of the original deadline of April 1, 2020.

Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.