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Hyundai Motor Company and TVS Motor Company have signed a Joint Development Agreement to co-develop electric three-wheelers for India, focusing on local manufacturing, advanced features, and expansion into global markets.
Caterpillar has acquired Monarch Tractor, gaining advanced electric and autonomous tractor technology. This move is expected to make electric tractors more accessible to farmers and signals a shift toward electric machinery in agriculture.
NHAI launches Arogya Van to plant medicinal trees across highways in eleven states boosting biodiversity supporting Ayurveda and transforming unused land into green sustainable corridors.
NHAI increases toll rates on Delhi NCR highways from April 1, raising travel costs for daily commuters and transporters across key routes like Gurgaon and Dwarka Expressway.
India’s petrol exports dropped 33 percent to 8.31 million barrels in March, while diesel exports rose 20 percent to 12.90 million barrels. Domestic LPG production increased 40 percent as refiners adjusted output amid geopolitical tensions.
ACE and Kato form ₹200 crore JV to manufacture cranes in India. The Haryana plant by 2026 will boost exports, technology, and support the Make in India initiative growth.
Vedanta Aluminium deploys 30 women crane pilots at BALCO, boosting women-led operations, inclusivity, and advanced manufacturing in India’s aluminium sector with new training and leadership roles.
Volvo Construction Equipment will cease Rokbak articulated hauler production by late 2026 due to ongoing losses and rising costs. The closure will impact operating income by SEK 0.7 billion and involves a consultation process.
SANY India trained 22 women excavator operators at NAC Andhra Pradesh with IESC certification and placement support, promoting skill development and greater gender inclusion in India’s construction equipment industry.
NHAI to plant 40 lakh trees under India’s first Bee Corridor initiative, supporting pollinators, ecological balance, and sustainable highway development across selected national highway stretches.
CMV360 Infra Auto Excellence Awards 2026 honoured top infrastructure, EV charging, construction equipment, and service leaders in Gurugram, recognising innovation, performance, and industry excellence.
Budget 2026 announces ₹200 crore CIE Scheme to boost domestic construction equipment manufacturing, reduce imports, and support high-tech infrastructure machinery production in India.
Budget 2026-27 raises infra spending to ₹12.2 lakh crore, boosting demand for trucks, earthmovers, logistics projects, tier-2 cities, freight corridors, and private investment across India.
Volvo Group reports lower sales and profit in 2025 due to weak demand and currency pressure, while proposing a total dividend of SEK 13 per share for investors.
Liebherr, MAN, and Daimler Truck test hydrogen-powered machines near Munich, proving diesel-like performance, fast refuelling, and low emissions for construction and logistics operations.
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