ICEMA – Indian Construction Equipment Manufactures' Association

Construction Equipment Finance Annual Conclave

About ICEMA

Constituted in 1949 as Tractor & Allied Equipment manufacturers and Importers Association Ltd., the association started with 10 Indian member companies, primarily manufacturers and importers of tractors, earthmoving and allied equipment. It was rechristened as Indian Earthmoving & Construction Industry Association Ltd. (IECIAL) in 1986 with the objective to make the body a national point of reference for the Indian earthmoving & construction equipment industry.

Industry Updates

Government of India plans to develop terminals at major ports. The Ministry of Shipping in consultation with the state maritime boards and major port authorities will execute the contracts. Cruise tourism is expected to gain…

Government of India has imposed restriction on import of bio-fuels including ethyl alcohol and other denatured spirits, bio-diesel, petroleum oils and oils obtained from bituminous minerals other than crude, through an amendment in import policy….

Responding to a long-standing demand from merchant exporters, Government of India has decided to make them eligible for its interest equalisation scheme for pre- and post-shipment export credit that will bring down borrowing costs considerably….

The Union Cabinet approved the proposed amendments to the Trade Unions Act 1926, aimed at giving statutory backing to central and state-level trade unions. The proposed Bill, likely be introduced in the ongoing winter session of Parliament,…

Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corporation. The state-run company is boosting capacity at its Nagapattinam facility by nine-fold to process 9 million tons per year…

The Union Cabinet has approved the policy framework to encourage measures for increasing oil and gas production from ageing fields. The Minister for Petroleum and Natural Gas, said, “Oil and natural gas production worth Rs 50 lakh crore …

Indian Oil Corporation (IOC) will infuse Rs 1,200 crore over the next 6-7 years to create infrastructure of laying LPG pipeline and installing CNG stations in the two Burdwan districts of West Bengal. City piped gas can be a reality …

JSW Steel plans to pump in over Rs 5,000 crore to strengthen its downstream manufacturing capacity and is also keen to pursue stressed downstream assets that will come up for bidding in the next round. …

Bharti Realty, the real estate arm of Bharti Enterprises, is looking to expand its presence in Delhi and Gurugram markets and is in talks with land owners as well as other developers for joint ventures to build new projects worth …

SB Energy, a domestic arm of the Japanese investment powerhouse Softbank Group, has signed up with the Essel group to jointly develop a 500-mw solar park in the country. The agreement will enable the Masayoshi Son-run Softbank …

Ramco Cements said that it has embarked on a major expansion across its plants with an estimated investment of Rs. 1,930 crores to be spent over a period of time. The company is expanding the capacity of its Kolaghat …

The Securities and Exchange Board of India (SEBI) plans to create an industry body to draw up best practices for portfolio managers and introduce a template to bring uniformity in the way they market …

The insolvency and Bankruptcy Board of India (IBBI) has notified the mechanism to be followed for issuing regulations under the insolvency law. A set of procedures would be followed for making or amending regulations …

Government of India is considering easing the mandatory 80% land acquisition condition before highways construction can start to speed up road building and start more projects before the next elections….

Government of India has imposed standard conditions for as many as 25 sectors seeking environment clearance (EC) for expansion of existing projects or new projects. The government-constituted green panel,…

The Ministry of Finance has imposed anti-dumping duties ranging from $44.89 to $185.51 per tonne for five years on certain Chinese steel products. The levies have been introduced to guard domestic players from cheap imports …

The central government laid down guidelines for facilitating the entry of private sector in the healthcare space at the district-level, through the Public Private Partnership (PPP) models . Niti Aayog, along with technical assistance …

Indian Oil Corporation (IOC) will be investing about Rs.7,112 crore in infrastructure facilities in Tamil Nadu over the next three years. At the IOC group level — IOC and group company Chennai Petroleum Corporation Ltd — will be …

Mangalore Chemicals and Fertilizers (MCFL) has received green clearance for Rs 1,547-crore expansion-cum-modernisation of its fertiliser plants in Karnataka. The company’s proposal is for energy improvement of ammonia …

IKEA India, the Swedish home furnishings retailer laid foundation stone for its third store in Nagasandra, Bengaluru. The 500,000 sq. ft. store, planned to open in summer 2020, is connected to the Nagasandra Metro Station….

The Centre proposes new financial model for building greenfield airports aimed at making air travel more affordable and addressing disputes related to tariff. Under the new financial model, the concession fee given by the airport operator …

The Environment Ministry has firmed up guidelines that will require every corporate seeking green clearance to set aside up to 2% of its capital investment for Corporate Environment Responsibility (CER)….

The US has announced hefty preliminary anti-dumping duties on metal pipes imported from India, China and four other countries, in an aggressive tactic by the Trump administration to protect the American industry and lower….

Highlights

ICEMA – GST Information Booklet

Building India @ 75

The Report on Indian Construction Industry

Panels

The objective of the panels is interfacing with various government ministries i.e. Department of Heavy Industries, Ministry of Road Transportation & Highways, Original Equipment Manufacturers (OEMs). Apart from liaison with stakeholders, ICEMA participates in key events international and local and is focussed on skill development under the aegis of the Infrastructure Equipment Skill Council (IESC)

Industry Government Interface Panel

Technical Panel

Market Data and Analytics Panel

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Our Members

The membership to ICEMA is open to equipment manufacturers who have a manufacturing facility in India as Primary members and associate memberships is offered to select component manufacturers, distributors, industry associations, banks and financial companies servicing the equipment finance segment and sector specific media organizations.

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