Latest news with #InfrastructureDevelopment
Yahoo
a day ago
- Business
- Yahoo
Modi pushes further India-Africa cooperation on Ghana visit
Indian Prime Minister Narendra Modi on Thursday outlined plans for deeper ties between his country and Africa, as New Delhi increasingly vies for a stronger economic presence on the continent along with China and Russia. In a speech to Ghana's parliament, Modi highlighted a major rail project that opened in the west African nation last year, financed by the India Export-Import Bank. He also underlined his country's expanding diplomatic development and business footprint in Africa. "Over 200 projects across the continent enhance connectivity, infrastructure and Industrial capacity," Modi said. On the political front he welcomed "the establishment of Ghana-India Parliamentary Friendship Society in your parliament". Modi's visit is the first to Ghana by an Indian leader in three decades. But India's rival China remains the most important backer of infrastructure across the continent, a position only strengthened as the United States and other Western powers slash aid programmes. In a meeting Wednesday, Modi and Ghanaian President John Mahama agreed to deepen security and mining ties. In November 2024, the Indian prime minister visited Nigeria, discussing trade and security at a time when Indian companies had expressed interest in investing in Nigerian industries including steel. The Indian prime minister also on Thursday called for a greater global diplomatic role for both his country and Africa, warning that "the world order created after the Second World War is changing fast". - Global South's voice - Modi noted that the African Union had been admitted as a permanent member to the G20 while India held the rotating presidency of the bloc. Progress on worldwide challenges including climate change, diplomacy, "terrorism" and pandemics "cannot come without giving voice to the Global South", he added. India, the world's most populous country and a nuclear-armed power, has close ties with Russia but is often in rivalry with China. Resource-rich Ghana is Modi's first stop in a tour that will take the Indian premier to four other countries in Africa, the Caribbean and South America. The visit to Accra came as he made his way to Brazil for a summit of the BRICS group of emerging economies on Sunday and Monday. Highlighting his own country's economic development aspirations to become a "developed nation by 2047," Modi said "India remains a committed partner in Africa's development journey." str/nro/jj
Yahoo
a day ago
- Business
- Yahoo
Modi pushes further India-Africa cooperation on Ghana visit
Indian Prime Minister Narendra Modi on Thursday outlined plans for deeper ties between his country and Africa, as New Delhi increasingly vies for a stronger economic presence on the continent along with China and Russia. In a speech to Ghana's parliament, Modi highlighted a major rail project that opened in the west African nation last year, financed by the India Export-Import Bank. He also underlined his country's expanding diplomatic development and business footprint in Africa. "Over 200 projects across the continent enhance connectivity, infrastructure and Industrial capacity," Modi said. On the political front he welcomed "the establishment of Ghana-India Parliamentary Friendship Society in your parliament". Modi's visit is the first to Ghana by an Indian leader in three decades. But India's rival China remains the most important backer of infrastructure across the continent, a position only strengthened as the United States and other Western powers slash aid programmes. In a meeting Wednesday, Modi and Ghanaian President John Mahama agreed to deepen security and mining ties. In November 2024, the Indian prime minister visited Nigeria, discussing trade and security at a time when Indian companies had expressed interest in investing in Nigerian industries including steel. The Indian prime minister also on Thursday called for a greater global diplomatic role for both his country and Africa, warning that "the world order created after the Second World War is changing fast". - Global South's voice - Modi noted that the African Union had been admitted as a permanent member to the G20 while India held the rotating presidency of the bloc. Progress on worldwide challenges including climate change, diplomacy, "terrorism" and pandemics "cannot come without giving voice to the Global South", he added. India, the world's most populous country and a nuclear-armed power, has close ties with Russia but is often in rivalry with China. Resource-rich Ghana is Modi's first stop in a tour that will take the Indian premier to four other countries in Africa, the Caribbean and South America. The visit to Accra came as he made his way to Brazil for a summit of the BRICS group of emerging economies on Sunday and Monday. Highlighting his own country's economic development aspirations to become a "developed nation by 2047," Modi said "India remains a committed partner in Africa's development journey." str/nro/jj
Yahoo
24-06-2025
- Business
- Yahoo
Acrylic and Polycarbonate Sheets Market worth $14.49 billion by 2029 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 24, 2025 /PRNewswire/ -- The report "Acrylic and Polycarbonate Sheets Market by Material (Polycarbonate, Acrylic), Type (Solid, Multiwall, Corrugated, Cast, Extruded), Application (Building & Construction, Automotive, Medical, Packaging, Electronics), and Region - Global Forecast to 2029", acrylic and polycarbonate sheets market is projected to reach USD 14.49 billion by 2029 from USD 10.74 billion in 2024, registering a CAGR of 6.2% during the forecast period. Browse in-depth TOC on "Acrylic and Polycarbonate Sheets Market" 649 – Tables 58 – Figures 441 – Pages Download PDF Brochure: The market for acrylic and polycarbonate sheets is primarily driven by escalating demand across key industries, including oil & gas, automotive, chemical processing, and construction. In these industries, the requirement for corrosion-resistant and durable materials is critical. Additionally, the high focus on infrastructure development, particularly in emerging economies, significantly contributes to market growth. Strict adherence to safety regulations, robust quality standards, and a commitment to environmental sustainability further fuel the demand for high-performance piping solutions. Moreover, advancements in technology enhance both production efficiency and product quality. The shift toward alternative energy sources and the increasing adoption of advanced pipeline systems for electricity generation and water desalination are also pivotal in fostering industry growth. Request Sample Pages: "Solid polycarbonate sheets to be fastest-growing type segment in acrylic and polycarbonate sheets market" Solid polycarbonate sheets is projected to be the fastest-growing segment in this market. These sheets offer a unique combination of exceptional strength, versatility, and lightweight characteristics. They are highly regarded in applications demanding durability and safety, as they are approximately 250 times stronger than glass. Key application areas for solid polycarbonate sheets include construction, automotive, and packaging, utilized in skylights, greenhouses, roofing, cladding, architectural glazing, automotive glazing, headlamps, and protective coatings. Recent advancements in the production process, particularly in extrusion techniques, have significantly improved their weatherability, durability, and resistance to fire and scratches. These enhancements render solid polycarbonate sheets increasingly attractive to end-user segments, including medical, automotive, construction, packaging, and electronics. Consequently, these combined advantages position solid polycarbonate sheets as the fastest-growing sub-segment within the industry. Request Customization: Key players Key companies in the acrylic and polycarbonate sheets market include EXOLON GROUP (Germany), UVPLASTIC Material Technology Co., Ltd. (China), TEIJIN LIMITED (Japan), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Palram Industries Ltd. (Israel), Trinseo (US), AGC Inc. (Japan), Arlaplast (Sweden), Plaskolite (US), and 3A Composites GmbH (Germany). Get access to the latest updates on Acrylic and Polycarbonate Sheets Companies and Acrylic and Polycarbonate Sheets Market Size Browse Adjacent Market: Advanced Materials Market Research Reports & Consulting Related Reports: Methanol Market - Global Forecast to 2030 Polycarbonate Sheets Market Cast Acrylic Sheet Market About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
04-06-2025
- Business
- Globe and Mail
Heavy Construction Equipment Market Growth Status, Emerging Demand, Key Players, Industry Challenges, and Forecast till 2030
The Heavy Construction Equipment Market is witnessing steady growth driven by urbanization and infrastructure development. Key players like Caterpillar, Komatsu, Volvo CE, and Hitachi Construction Machinery continue to lead through innovation, strategic expansions, and strong global presence. The heavy construction equipment market is projected to grow from USD 224.49 billion in 2025 to USD 286.51 billion by 2030, at a CAGR of 5.0% during the forecast period. The report provides a professional in-depth examination of the industry current scenario, CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and heavy construction equipment market growth. One of the key factors anticipated to propel the growth of the heavy construction equipment market is the growing use of this equipment in the mining and construction of the key factors anticipated to propel the growth of the heavy construction equipment market is the growing use of this equipment in the mining and construction sectors. Download PDF Brochure: Earthmoving equipment segment to grow at a significant rate in Heavy Construction Equipment Market, in terms of value. The largest proportion of heavy construction equipment worldwide was made up of earthmoving equipment, which is mostly used for a variety of upscale operations such excavation and material loading at the mining activity's source. A wide variety of devices that can grade and extract rock and soil in addition to performing other construction duties are referred to as earthmoving equipment. Hydraulic drives are the main source of motion for the majority of earthmoving machinery. Earthmoving equipment includes motor graders, loaders (backhoe, skid-steer), and excavators (crawler and wheeled). Diesel segment to grow at a significant rate in Heavy Construction Equipment Market, in terms of value. The diesel propulsion types segment held the greatest market globally because this kind of heavy construction equipment is mostly used in a variety of high-end applications because of its dependability and strong torque production. To move huge weights, construction equipment needs an engine with a lot of torque. Diesel is a denser fuel than gasoline. About 11% more energy is produced by a gallon of diesel fuel than by a gallon of gasoline, 67% more by a gallon of LNG, and 250% more by a gallon of CNG. Diesel is more fuel-efficient than gasoline and burns more slowly. When compared to other fuels, diesel generates more torque at a lower speed. 5–10 L segment to grow at a significant rate in Heavy Construction Equipment Market, in terms of value. The market for heavy construction equipment with a capacity of 5–10 L held the biggest share because of its compact size, which makes it ideal for a variety of high-end applications. Engine capacity for low-power heavy construction equipment typically ranges from 5 to 10 L. Compact excavators with engine capacities ranging from 5 to 10 L are widely employed in forestry, urban civil engineering, housing, snow removal, and landscaping. It is projected that the need for lower engine capacity construction equipment would be supported by the rising demand for housing projects brought on by population growth and commercial construction. 201–400 HP segment to grow at a significant rate in Heavy Construction Equipment Market, in terms of value The 201–400 HP kind of heavy construction equipment held the highest share globally, mostly because of its compact size, which makes it ideal for a variety of high-end applications. Engine performance on heavy construction equipment with 201–400 HP power output is superior to that of equipment with 101–200 HP power output. These machines have better fuel economy, lower maintenance costs, and increased machine capability. Equipment types utilized in commercial and residential construction applications, such as excavators, loaders, road rollers, compactors, and others, fall within the 201–400 HP power range. Material Handling application segment to grow at a significant rate in Heavy Construction Equipment Market, in terms of value. In terms of value, the material handling sector held the biggest proportion of the global market for heavy construction equipment in 2024. In material handling applications, the primary goal of heavy construction equipment is to guarantee appropriate material handling, lifting, and unloading. Every industry, including the chemical, aerospace, construction, infrastructure, mining, manufacturing, oil and gas, and petrochemical sectors, uses proper material handling equipment. Material handling applications are the main usage for cranes and telescopic handlers. Mining industry to be the fastest-growing end-use industry segment in the global Heavy Construction Equipment market in terms of value. Due to the rising demand for consumer goods worldwide, which is being fueled by rising spending power among the populace, the mining segment held the highest share in terms of value in the global heavy construction equipment market by end-use industry in 2024. Global mining activity has increased as a result of this spike in demand. The market's use of heavy construction equipment has improved as a result. The main commercial activity for extracting minerals and rare earth metals from the earth is mining. The industry's growth has been fueled by the ongoing demand for minerals and rare earth metals, which has also been a major factor in pushing mining equipment manufacturers to provide cutting-edge machinery that facilitates better drilling, crushing, and demolition operations. The mining industry uses a variety of equipment, including wheeled loaders, articulated dump trucks, rigid dump trucks, crawler excavators, crawler dozers, motor graders, and mining trucks. Asia Pacific continuous to be the largest market in the global Heavy Construction Equipment market in terms of value. Due to the large number of construction projects and the growing demand for more efficient, advanced technology equipment, Asia Pacific is expected to be the largest market for heavy construction equipment used in commercial buildings. As a result of research and development efforts to increase battery capacity, heavy construction equipment such as mini excavators and compact/skid loaders will become more electrified. AB Volvo (Sweden) and Hitachi Construction Machinery Co., Ltd. (Japan) offer cable-connected electric construction equipment, where charging limitations are reduced. As a result, heavy construction equipment that requires more power to operate is currently working on hybrid-electric technology. The main examples of hybrid-electric construction equipment are dozers and mine dump trucks. Heavy Construction Equipment Companies Prominent companies include Caterpillar (US), Liebherr AG (Germany), Terex Corporation (US), Volvo Group (Sweden), Komatsu (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), SANY Heavy Industry Co., Ltd. (China), HD Hyundai (South Korea), XCMG Group (China), CNH Industrial N.V. (UK), and J C Bamford Excavators Ltd (UK) among others. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Borneo Post
29-04-2025
- Borneo Post
Money laundering trial adjourned pending caution statements
The Kota Kinabalu Court Complex. KOTA KINABALU (Apr 29): A Sessions Court here on Tuesday put off the defence trial of three individuals, including a former director of the Sabah Water Department to April 30 for money laundering charges, pending the production of caution statements that were recorded nine years ago. In his decision, judge Abu Bakar Manat took the position to adjourn the trial of ex-director Ag Mohd Tahir Mohd Talib, 60, Ag Mohd Tahir's wife Fauziah Hj Piut, 58, and former deputy director of the said department, Lim Lam Beng @ Lim Chee Hong, 69, when the defence stage trial was supposed to proceed on Tuesday. 'In view of to the position stated of that the defence counsel (for Ag Mohd Tahir and Fauziah) still insist for caution statements of Ag Mohd Tahir and Fauziah, taken on October 15, 2016, to be supplied before we can proceed with the defence case. 'So in view of that, we take position to adjourn the matter until tomorrow (today) morning,' said the judge. The trio had been tried for alleged money laundering offences involving cash, bank savings as well as alleged unlawful possession of luxurious items. During a previous hearing, the judge had fixed a three-day trial from April 28 to 30 for them to answer their defence. Ag Mohd Tahir and Lim had opted to give evidence under oath from the witness stand while Fauziah chose to give an unsworn evidence for her defence. The prosecution offered 38 witnesses to the defence. It was reported that according to counsel Datuk Ansari Abdullah, who represented Ag Mohd Tahir and Fauziah, they may call or interview six individuals, namely Tan Sri Pairin Kitingan and Datuk Raymond Tan, both former Ministers of Infrastructure Development, Datuk Felix Madan and Datuk Michael Emban, both former Permanent Secretaries of the Ministry of Infrastructure Development, former Deputy Permanent Secretary (Development) of the State Ministry of Finance Datuk Peter Thien and Teo Chit Ming. Ag Mohd Tahir faces 11 charges while Fauziah faces 19 charges under Section 4 (1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Fauziah has another two joint charges with Ag Mohd Tahir under Section 4 (1)(b) also of the same Act and Ag Mohd Tahir also has another charge under Section 4(1)(a) of the same Act. The alleged offences against Ag Mohd Tahir and his spouse were allegedly committed at his office here, a house in Sembulan, at bank branches, at a condominium, in Sulaman and a tower in Kuala Lumpur between October 4 and November 4, 2016. Lim was alleged to have committed the offences at the Malaysian Anti-Corruption Commission office at Jalan UMS and at a house here between October 13 and November 8, 2016. Deputy public prosecutors Mahadi Abdul Jumaat and Haresh Prakash Somiah appeared for the prosecution. Counsel Datuk Tan Hock Chuan, Baldev Singh, Karpaljit Singh and Kelvin Wong defended Lim.
