NMDC increases mining production, may introduce new steel plant

Government-run NMDC Ltd. is reportedly increasing its iron ore mining capacity and has made plans to set up a novel integrated steel production facility worth 2.2 billion dollars (approximately INR 15335 crore). As per the company’s investor presentation, the new steel facility would possibly be …

Volvo Construction Equipment unveils its latest earth movers at Bauma

The company unveiled its medium-duty EC200E excavator and electric compact wheel loaders & excavators at the Bauma trade show. The launch of the new products highly diversifies the company’s product offerings. Volvo Construction Equipment (Volvo CE), a renowned construction equipment manufacturing unit of the Volvo …

South Korea-based Doosan Infracore unveils new 5G remote excavator

Doosan Infracore, a South Korea-based construction machinery manufacturer, has reportedly unveiled a 5G remote controllable excavator in Munich, Germany, at an international trade fair. Authentic sources with the knowledge of the development stated that the 5G remote excavator was operated at Incheon, Seoul, in a …