JCB India exhibited its range of road construction solutions at its Pune plant recently. These equipments are made in India, and mark the company’s transformation into a full range infrastructure equipment partner, and in the area of road construction especially. Expressed Vipin Sondhi, MD & CEO, JCB India, that roads and highways continue to be a major driver for infrastructure[Read More…]
Volvo Eicher Commercial Vehicles (VECV) has divested its entire stake in its US-based subsidiary. Eicher Engineering Solutions, to Spain’s SegulaTecnologias Espana for a sum of USD 1.85 million. The company has sold 100 per cent shares in its subsidiary to the Spanish company. According to Vinod Aggarwal, MD & CEO, VECV, the divestment is part of VECV’s plans to drive[Read More…]
Volvo Buses India has announced the supply of 100 Volvo 8400 city buses with the 330 hp, 8-litre common-rail turbo-diesel engine manufactured at the VE Powertrain facility, Pithampur. UBS II compliant, the buses are fitted with a six-speed automatic transmission, and an integrated retarder and optimised rear axle ratio. This is the first instance when the locally made 8-litre engine[Read More…]
Specialising in the manufacture of drivetrain systems for off-highway equipment and machines, Oerlikon Graziano India is targetting a rise in revenue to Rs.1500 by 2019. With a good chunk of what it produces exported, the company is eyeing 20 per cent growth in FY2016-17. In the last fiscal, Oerlikon Graziano posted a 23 per cent rise in third-party sales, which[Read More…]
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