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Business News | The Brand Story - Indian Brand and Leadership Conclave 2024 Concludes Successfully in Goa

Get latest articles and stories on Business at LatestLY. Panaji (Goa) [India], April 26: The Indian Brand and Leadership Conclave hosted by The Brand Story on April 20, 2024, at Hyatt Centric Candolim, Goa marked a significant gathering of industry leaders and experts. BRICS Chambers of Commerce and Industry partnered with the conclave organized by The Brand Story as an industry partner, while Arnav Industry and Terasoft Technologies were associate sponsors, adding their support to make the event a success. The evening brought together a prestigious lineup of special guests and award winners showcasing outstanding achievements and contributions in various fields. Business News | The Brand Story - Indian Brand and Leadership Conclave 2024 Concludes Successfully in Goa. ....

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According to him the rental rates will continue to remain under pressure for some time until the Stage 3 machines get flushed out of the ecosystem. "We are trying to find ways and means on how we can try to compensate the some of the increases in the acquisition cost through reductions in the fuel consumption, so that the total cost of ownership on for rental operator on an hourly basis or a monthly basis still remains range bound." As per estimates, Stage 2 machines are likely to be exceedingly rare in India, with perhaps only a few still operational in some remote rural areas. However, "Stage 3 machines are still expected to constitute around 40% of the overall industry. The remaining portion would primarily consist of Stage 4 machines, which have been newly introduced in the last three years since 2021." This he estimates will mean roughly 43-45 percent of predominantly Stage 3 machine owners to upgrade this year. - Express Mobility News

According to him the rental rates will continue to remain under pressure for some time until the Stage 3 machines get flushed out of the ecosystem. "We are trying to find ways and means on how we can try to compensate the some of the increases in the acquisition cost through reductions in the fuel consumption, so that the total cost of ownership on for rental operator on an hourly basis or a monthly basis still remains range bound." As per estimates, Stage 2 machines are likely to be exceedingly rare in India, with perhaps only a few still operational in some remote rural areas. However, "Stage 3 machines are still expected to constitute around 40% of the overall industry. The remaining portion would primarily consist of Stage 4 machines, which have been newly introduced in the last three years since 2021." This he estimates will mean roughly 43-45 percent of predominantly Stage 3 machine owners to upgrade this year. - Express Mobility News
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CASE lines up $20 million investment for next 18 months on new product launches

Pointing out that CASE Construction Equipment in India is growing in line with the industry, Chaturvedi said there are some specific segments in which the company is going faster. ....

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CASE Construction Equipment Unveils Bharat Stage V Compliant Loader Backhoes And Compactors At CII EXCON 2023

CASE Construction Equipment Unveils Bharat Stage V Compliant Loader Backhoes And Compactors At CII EXCON 2023
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CASE Construction Equipment presents several new products at EXCON 2023, ET Auto

Case Construction Equipment: The company showcased its marquee Backhoe Loader – 770 NX Plus and Soil Compactor 1107 NX-PD at CII EXCON 2023. It also marked its debut in two new categories in India with the unveiling of an all new Skid Steer Loader – SSL 175 and compact machines through mini Excavator – CX 35D to its domestic product portfolio. ....

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