The BS-V (CEV/Trem) norms for the construction equipment industry will come into enforcement from April 1, 2024. While Mahindra Construction Equipment (MCE) is very bullish about the industry in the long term, it expects the domestic market to slow down in FY 2024-25. "We will not be surprised if the market comes back to the levels of FY 2022-23 in the FY 2024-25." Talking about upcoming trends on alternate fuel technology in the sector, the company is keeping its options open both from a make perspective as well as from a buy perspective.
Manufactured at the state-of-the-art facilities, and adhering to global quality standards, Ashok Leyland’s H6 Engines continue to be the dominant choice for most Original Equipment Manufacturers for both track and wheel Harvester applications, reflecting its enduring reliability and efficiency, the company said.
Tata Motors: The company showcased its trucks and tippers engineered to perfectly suit the construction and infrastructure sectors, along with vehicles powered by green fuels, including Liquid Natural Gas (LNG) and battery electric. It also unveiled its wide range of aggregates, including engines designed for industrial equipment, axles and gensets.
Volvo CE is leading the charge towards more sustainable operations in mining, material handling, steel, cement, and urban infrastructure sectors. With the first-of-its-kind commercial launch of EC500 Electric, India’s first grid-connected electric excavator in the 50-ton class, Volvo CE pioneers a transition to zero-emission mining and construction machinery, the company said.