The Eicher Pro 6000 mining trucks introduced over a year ago are ideally suited for various applications. With the mining sector opening up amidst the global commodities slump, India has emerged as one of the two lucrative markets for global mining OEMs.
Tag: Cement
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A uniform tax regime will boost the construction equipment sector
The market for construction and mining equipment is poised for growth, says Devendra Kumar Vyas, CEO - Financial Services, Srei Infrastructure Finance Ltd.
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Many players have not yet started serious efforts to gear up for GST
The infrastructure industry has to gear up for the GST implementation considering significant changes in the proposed tax structure for this sector.
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Tax on cement should be brought down
GST is likely to be introduced from April 1, 2017. Implementation of GST would have huge impact on Corporate India, including the infrastructure industry.
The impact assessment is dependent on various factors inter alia rate of tax, threshold limits, etc.
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Binani Group to invest Rs.10,000 cr in West Bengal
Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
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Coal India sells linkages
Coal India, the Indian coal behemoth, has ended up selling most of the linkages offered to captive power producers. These linkages are critical as they act like long-term assurance for supplies.
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Improve logistics in coastal shipping for savings: Study
A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain.
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IWT has suddenly become doubly meaningful.
Sumit Banerjee, former Vice Chairman, Reliance Cement and MD&CEO, ACC Ltd, tells Rouhan Sharma it is only a matter of time before companies evince more interest in waterways for competitively transporting goods.
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Government to auction 8 coal blocks to steel and cement companies
The government said it will auction eight coal blocks with 1,143 million tonnes of reserves to steel and cement firms. The last date for submission of bids will be December 31, coal secretary Anil Swarup said
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Our specialists have developed a deep understanding of the challenges and requirements in each sector
The total lubricant market in India is around 2.2 billion litres. It is a strong market with rising opportunities and ranks third after the United States and China. As per recent reports by Kline, the overall Lubricants industry in India is expected to grow at a CAGR of 2.5 per cent.