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management.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fhitachi-launches-builmirai-hub-in-india-for-intelligent-building-solutions-nAUiSk.jpg","2026-07-29T02:22:46+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"Suzlon Begins FY27 with 23 Percent Revenue Growth, Record Q1 Deliveries","suzlon-begins-fy27-with-23-percent-revenue-growth-record-q1-deliveries","Suzlon Group reports 23% YoY revenue growth for Q1 FY27, hitting record deliveries of 506 MW and launching its ambitious Suzlon 2.0 strategy.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fsuzlon-begins-fy27-with-23-percent-revenue-growth-record-q1-deliveries-U9ZhQA.png","2026-07-28T17:23:08+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Globe Toyota, BioTradX Partner to Advance Circular Resource Management","globe-toyota-biotradx-partner-to-advance-circular-resource-management","Globe Toyota partners with BioTradX to digitize resource recovery, channeling 30,000 liters of used engine oil monthly into sustainable biofuel.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fglobe-toyota-biotradx-partner-to-advance-circular-resource-management-BNaf8N.jpeg","2026-07-26T02:20:02+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=131",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,131,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"« 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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1565,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1167,"Pai Machines Completes Asset Acquisition of L&T Construction Equipment’s Machinery Works","pai-machines-completes-asset-acquisition-of-lt-construction-equipments-machinery-works","Pai Machines acquires L&T Construction Equipment’s manufacturing assets, signaling a major move toward sustainable, AI-driven construction tech in India.","\u003Cp style=\"text-align: left;\">\u003Cimg src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FImage%202.jpg\" alt=\"\" width=\"261\" height=\"147\">Pai Machines, a newly established brand of Infra Bazaar Tech Pvt Ltd (IBTPL) that deals in advanced machinery manufacturing, has completed the asset purchase of the machinery works manufacturing facilities of L&T Construction Equipment Ltd division (LTCEL). As part of the transaction, a 70-member manufacturing team, including a 40-member product development\u002FR&D team, have transitioned to Pai Machines. This transition was set in motion in June 2024, and since then, Pai Machines has worked to integrate the manufacturing facilities and the team with its long-term strategy. This marks a significant expansion of Pai Machines into India’s construction equipment segment.\u003C\u002Fp>\r\n\u003Cp>Pai Machines acquired the plant with a capacity to produce more than 1,800 units, featuring machines ranging in cost from 25 lakhs to 75 lakhs, and providing employment to over 300 people. By embracing the ‘Make in India’ for the World initiative, the company will leverage its newly purchased state-of-the-art resources and highly skilled workforce to develop next-gen electric machines for earth-moving and construction sectors. The growth plan includes diversifying into new markets, with construction facilities like batching plants and agri-equipment such as electric tractors, 5T wheel loaders, and 3.5T mini excavators.\u003C\u002Fp>\r\n\r\n\u003Cfigure>\u003Cimg style=\"width: 142px; height: 189px;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FAbhijeet%20Pai.jpg\" alt=\"\">\r\n\u003Cfigcaption>Abhijeet Pai\u003C\u002Ffigcaption>\r\n\u003C\u002Ffigure>\r\n\u003Cp style=\"text-align: left;\">Abhijeet Pai founded Pai Machines, having been the president of Puzzolana Machinery, where he recognized the potential to go deeper in the construction equipment sector. Since then, under his visionary leadership, the company has driven innovation through digital technologies for scalable and efficient processes for the infrastructure industry and its stakeholders. Speaking about the asset purchase, Pai stated,“Our vision for Pai Machines is to lead the way in in-house development of cutting-edge products, establishing a robust foundation for delivering exceptional service to our customers. This asset purchase represents a significant step forward in that direction. We aspire to be recognized as a company driven by innovation, quality, and sustainability, integrating advanced technologies such as telematics and artificial intelligence (AI) into our product development process. This strategic move will empower us to transform the construction equipment landscape in India, ensuring our offerings evolve in line with the growing needs of our customers and the planet.”\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">India’s construction equipment industry is set for rapid growth, driven by the National Infrastructure Pipeline (INR 111.3 trillion) and urbanization, with demand for excavators, loaders, and smart city projects surging. Projected to grow 18 percent (2024-2029) and reach US$ 25 billion by 2030, the sector is fueled by NHAI’s 50 km\u002Fday road targets and 6-7 percent mining CAGR. Indian companies currently account for only 2 percent of the ECE market share, presenting a significant growth opportunity. Pai Machines, through its asset purchase of the manufacturing facilities of L&T Construction Equipment Ltd, is poised to bridge the gap with sustainable, future-ready solutions for a growing market. \u003C\u002Fp>\r\n\u003Cp>LTCEL has been a cornerstone of construction and mining equipment manufacturing since 1973. By this asset purchase, Pai Machines inherits a rich legacy and will continue to provide seamless support and service to LTCEL’s existing customers, maintaining the trust and reliability the brand has upheld over the years. Further to the asset purchase, the roadmap includes introducing electric tractors and 5-ton loaders, emphasizing environmental responsibility and sustainability. To enhance operations, the company will implement AI and Machine Learning technologies for predictive maintenance, minimizing equipment downtime and maximizing efficiency. In its Bengaluru-based facility, they currently manufacture top-of-the-line machinery to meet the demands of modern construction, road building, and agricultural operations.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.paimachines.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002Fcrc7pUNLesqAuCUQi8ku.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2025\u002Fcrc7pUNLesqAuCUQi8ku.jpg","2025-05-19T00:02:25+05:30",0,"Pai Machines has acquired the manufacturing assets and facilities of L&T Construction Equipment Limited.\nThe deal includes a 70-member specialized team focused on R&D and product development to drive innovation.\nThe company plans to launch electric earth-moving equipment, including 5T wheel loaders and tractors, powered by AI and telematics.","A major shift is underway in India’s construction equipment sector. Pai Machines, led by Abhijeet Pai, has officially acquired the manufacturing assets of L&T Construction Equipment Ltd (LTCEL). This strategic move integrates a high-caliber team of engineers and R&D experts, positioning Pai Machines to scale its production of next-gen, sustainable construction solutions. By prioritizing the ‘Make in India’ initiative and leveraging AI-driven predictive maintenance, the company is set to bridge critical gaps in the evolving infrastructure landscape. As the industry eyes a $25 billion valuation by 2030, this acquisition marks a bold leap toward technological self-reliance and innovation. We are excited to watch how Pai Machines transforms the future of earth-moving and smart construction equipment. #ConstructionEquipment #InfrastructureInnovation #MakeInIndia","Big news for the construction sector: Pai Machines acquires L&T’s machinery manufacturing assets! Expect a major push into AI-driven electric earth-moving equipment and sustainable infrastructure solutions. #ConstructionTech #MakeInIndia","Big moves in the construction world! 🏗️ Pai Machines just announced the acquisition of L&T Construction Equipment’s manufacturing facilities. What does this mean for the industry? We’re looking at a huge shift toward sustainable, AI-powered earth-moving gear, including electric tractors and next-gen loaders! ⚡️\n\nWith a mission to scale innovation and support the ‘Make in India’ initiative, Pai Machines is ready to reshape how we build our future. It’s a bold step for infrastructure and a big win for tech-forward manufacturing! 🚀\n\n#ConstructionEquipment #Infrastructure #PaiMachines #SustainableTech #MakeInIndia #EngineeringExcellence #HeavyMachinery",{"title":145,"description":147,"keywords":158},"pai machines, construction equipment, l&t construction equipment, make in india, infrastructure technology, electric construction machinery, earth-moving equipment, ai in manufacturing, heavy machinery industry",{"title":160,"slug":161,"imageUrl":162},"Sandvik Coromant Partners with Thai and Singaporean Customers to Advance Tool Recycling","sandvik-coromant-partners-with-thai-and-singaporean-customers-to-advance-tool-recycling","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FFou9U5DwPflVLBPBZN6Z.jpeg",{"title":164,"slug":165,"imageUrl":166},"Propel Industries Showcases Next-Gen 470 eTR Electric Truck","propel-industries-showcases-next-gen-470-etr-electric-truck","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002Fu1YwnMxchp0D8cIZp83w.JPG",{"id":82,"src":168,"path":169,"track_path":82,"alt":170,"raw":171,"ts":172},"\u002Fimages\u002Fassets\u002Ftop_feature.webp","\u002Fcontact-us","Advertise Here","",1785691008,{"data":174,"links":179,"meta":183},[175],{"title":176,"youtubeUrl":177,"createdAt":178},"Bharat Fritz Werner Ltd. 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