Zoomlion, ElectroMech establish strategic alliance for Tower Cranes in India
Zoomlion, one of the world’s leading construction machinery manufacturers, has announced its plans to establish a strategic alliance with India’s largest industrial crane manufacturer, ElectroMech, to manufacture and sell tower cranes in India. This announcement was made recently at EXCON 2011, the largest construction equipment and technology exhibition of South Asia. This latest alliance is in line with Zoomlion’s globalization plans and comes soon after its acquisition of CIFA, Italy and the topless tower crane technology of JOST, Germany.
China-headquartered Zoomlion, with a wide range of construction equipment in its manufacturing program, has maintained an average compounded annual growth rate of over 60 percent since its establishment in year 1992 and now designs an
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Timing it right
Valecha Engg. Ltd., commissions its first BOT road toll project 11 months before schedule.
Mumbai-based Engineering Company Valecha Engineering Limited has begun commercial operations for its first BOT Road Toll project ‘Valecha LM Toll Pvt. Ltd.’. The said project is a 4-lane Greenfield Highway of 34.3 Kms. connecting SH-31, crossing NH-59 and meeting NH-3 for Madhya
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GAIL (India) Ltd wins Platts Global Energy Award
Five Indian Firms had made finalist in six award categories.
GAIL (India) Limited, one of the leading natural gas companies in India, has received top honours as the ‘Downstream Operation of Year’ when the 2011 Platts Global Energy Awards were unveiled recently at a gala dinner in New York. GAIL was the only one of the Indian finalists in Platts’ prestigious awards program t
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MAN Industries gets orders worth Rs515-crores
MAN Industries (India) Limited, one of the leading pipe manufacturing companies in the country, has received export orders worth approximately `515-crores from an international client for supply of large diameter pipes for Oil and Gas sector. The orders are to be executed over a period of next 9 to 12 months.
Says RC Mansukhani, Group Chairman, MAN Industries (India) Ltd., “Winning such a h
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