Exclusive News

Vikram Makar, Chairman and Managing Director, Oriental Rubber Industries, has been elected President of the All India Rubber Industries Association (AIRIA) for the year 2018-19. This was announced at the 66th Annual General Meeting (AGM) of AIRIA held at Kolkata.

The 10th edition of India Rubber Expo (IRE), Asia’s largest rubber expo, will be held during January 17-19, 2019. The IRE 2019 is a milestone with many features.

The consortium of TRIL Urban Transport (a Tata Group Company), and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services), has been awarded the contract by the Pune Metropolitan Region Development Authority to develop the metro corridor from Hinjewadi to Shivajinagar.

Maxim Crane Works is adding several Manitowoc cranes to its industry-leading fleet. The company has purchased 19 new cranes that come from the Grove rough-terrain and truck-mounted ranges, as well as the National Crane boom truck line.

SDLG has launched its largest wheel loader in North America to date: the L959F. The new machine is a Tier 4 Final upgrade to its predecessor, the LG959, and features a 4.0 cu yd capacity bolt-on edge bucket, as well as a Deutz-SDLG SD80F engine.

Bonfiglioli Transmissions, the Indian subsidiary of Bonfiglioli Riduttori S.p.A, opened its new manufacturing facility in Chennai.

From January 1, 2019 onwards, Henk Becker will become the President of the Robert Bosch Power Tools GmbH. He succeeds Henning von Boxberg, who will become President of Bosch Service Solutions, effective the same date.

IRB Infrastructure Developers Ltd (IRB Infra) has achieved another financial closure, on successive day, for its Special Purpose Vehicle (SPV) IRB PS Highway Private Ltd, formed to manage affairs of its second hybrid annuity project.