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Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes

The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.

Shell organises 1st technical seminar in Hyderabad

Shell Lubricants has marked yet another technology leadership milestone with the launch of its first technical seminar for its construction and cement customers in Hyderabad.

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