Tweet Article by: Bhushan Mhapralkar Loaders in India are expected to record the highest growth among the various construction and earth moving equipment. According to a new report by Allied Market Research titled Global Construction Equipment Market – size, industry analysis, trends, opportunities, growth and forecast, 2014-2020, the global construction equipment market is expected to reach USD 240.97 billion by[Read More…]
Tweet Article by: Bhushan Mhapralkar New coaches and investments in the luxury bus segment are hinting at its revival. The chief minister of West Bengal, Mamata Banerjee, flagged off the Kolkata-Agartala bus service recently. The service will run through Bangladesh rather than through the Indian states of Assam and Meghalaya. Compared to the earlier 1,650 km, the service will now[Read More…]
Tweet VE Commercial vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 3711 units in August 2015 (YTD 30557) as compared to 3087 units in August 2014 (LYTD 27965) recording a growth of 20.2%(YTD Growth of 9.3%). This includes 3611 units of Eicher brand and 100 units of Volvo brand. The following are the key highlights for[Read More…]
Tweet Mahindra Truck and Bus Division (MTBD), a part of the USD 16.9 billion Mahindra Group, today announced the roll out of its 15,000th heavy commercial vehicle (HCV) from the state-of-the-art plant in Chakan, Maharashtra. In addition, the company also reached a sales milestone of 125,000 light commercial vehicles (LCVs) on Indian roads. As part of its plan to put[Read More…]
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