FPT Industrial Partners With Blue Energy Motors To Acquire Minority Stake
- By MT News
- September 28, 2022
Blue Energy Motors has entered a strategic tie up with FPT Industrial, the global powertrain brand of Iveco Group. As part of the agreement, FPT is set to acquire a minority stake in the company. The two companies, with the strategic agreement in place, will closely work on the development of alternative fuels and future technology deployments in the areas of electrification of heavy-duty trucks.
Blue Energy Motors claims that this strategic partnership will be a significant development for it, whose values are rooted in finding solutions to decarbonise the environment. With this partnership in place, it will be able to fulfil its target of decarbonising the heavy-transport sector in India, equipped with FPT’s technology and R&D development. The company recently launched its liquified natural gas (LNG) fuelled green truck, the 5528 4x2 truck, at its plant in Chakan, Pune on 12 September, 2022, and FPT Industrial is already providing its LNG engines for Blue Energy Motor’s trucks.
According to Blue Energy Motors, it will be able to bolster its position as a disruptor in the alternate energy fuelled vehicle space with this move, pioneering a green revolution in the Indian trucking sector. They will also be able to leverage FPT Industrial’s global network and automotive expertise to bring cutting-edge solutions for Indian customers while decarbonising the transport sector in the future.
Sharing his views on the partnership, Anirudh Bhuwalka, CEO, Blue Energy Motors, said, “This is a momentous milestone for Blue Energy Motors. Strengthening our partnership with FPT Industrial will enable us to continue in the development of the company and to pioneer clean energy solutions, including LNG and electric, in the upcoming year. The investment demonstrates the full support of FPT Industrial to the growth of Blue Energy Motors in its ambitious plan to play a key role in India’s decarbonisation transition.”
Putting across his thoughts as well, Sylvain Blaise, President, Powertrain Business Unit, Iveco Group, added, “This development in our partnership is further evidence of FPT Industrial’s commitment to advancing innovative technologies for sustainable mobility. We aim to provide transport solutions that allow customers all over the world to run their businesses efficiently and profitably, while respecting the environment. We are happy and proud to be able to do this with our valued partner, Blue Energy Motors, in such an important country as India.”
Large Portfolio of Next-Gen Electric Tippers and Mobility Solutions at Excon 2025 From Propel Industries
- By MT Bureau
- December 11, 2025
Propel Industries Private Limited showcased a large portfolio of construction equipment at Excon 2025 that included four new electric tipper models. The company aso unveiled an all-new connectivity platform and a comprehensive after-sales uptime solution.
The four new electric tippers include the 90CED (claimed to be India's first ultra-fast charging 90 tonne electric dumper with ADAS Level 1 safety), 70CED (claimed to be India's first 8x4 mining e-tipper with 25 cu m rock body), 560HEV-X (claimed to be Indias first 8x4 construction tipper with 25 cu m box body), 470MEV Gen-2 (caimed to be India's first 6x4 tipper with 20 cu m rock body) in particular.
The Pulse.ev connectivity platform as a new digital ecosystem built in-house specifically for electric mining and hauling operations includes features such as real-time vehicle health and diagnostics; energy consumption insights; predictive maintenance analytics and fleet optimization suite for multi-shift operations.
"The announcements reinforce Propels commitment to innovation, high-productivity for customers, zero-emission, and future-ready heavy-duty mobility. Since start of EV truck sale in 2023, the brand has expanded its presence across coal, overburden, limestone, iron-ore, stone quarry, marble & granites, and solid waste management segments. Propel trucks have cumulatively covered over 5 lakh operating hours and the first set of 8 trucks have clocked 12,500 hours in 2 years, which is equivalent to 20 hrs per day. This proves the reliability and uptime of the propel electric trucks," said Siddarth Kirtane, President – EV Sales, Marketing and Service, Propel Industries.
- JCB India
- largest ever excavator
- 52 tonness
- India
- Excon 2025
- Bengaluru
- over 10 new products
- domestic
- export
- markets.
JCB India launches its largest ever 52 Tonne Excavator At Excon 2025
- By MT Bureau
- December 11, 2025
JCB India launched its largest ever excavator at 52 tonness in India. It did so at the Excon 2025 exhibition in Bengaluru. The excavator, showcased along with over 10 new products, will cater to domestic as well as export markets. Of the over 10 machines the company showed at the show, there included backhoe loaders with enhanced features in line with the customer-first strategy. JCB India is giving much attention to lower cost of ownership, higher fuel efficiency, improved machine uptime, enhanced safety and ergonomics while designing its new equipment. With sustainability the factor, the company showcased the hydrogen engine powered backhoe loader that it unveiled in 2023. It announced the expansion of its hydrogen powered construction equipment portfolio at Excon 2025 with a hydrogen-powered genset. "Excon is a forum that brings together customers, policymakers, contractors, financiers, suppliers, and technology leaders, creating an ecosystem for strategic collaboration and long-term business growth. JCB exports to more than 135 countries from India and this year we also have customers from South Asia, Africa Region and South-East Asia visiting us. Excon allows us to understand evolving market needs and demonstrate how our latest solutions align with both global and India’s infrastructure demands," said Deepak Shetty, CEO and MD, JCB India.
JK Tyre Unveils Four New OTR Tyres at Excon 2025
- By MT Bureau
- December 11, 2025
JK Tyre & Industries Ltd launched four new Off-the-Road (OTR) tyres at Excon 2025 in Bengluru. Unveiled by Dr R Mukhopadhyay, Director (R&D), JK Tyre, the four new OTR tyres further expand the company's portfolio in construction and mining equipment.
The Sky Grip tyre for example is engineered specifically for Aerial Work Platforms (AWPs) and Boom Lifts used across construction, infrastructure maintenance, warehousing and industrial operations. The 355/55D625 Sky Grip tyre is designed to offer enhanced stability, superior traction and consistent performance at elevated working heights and is compatible with articulated and telescopic boom lifts, telehandlers and even rough terrain aerial platform.
The three other OTR tyres are designed for critical industrial and mining applications. The 14.00-25 GTL Plus, for example, is a backhoe loader tyre that offers strong stability, durability and dependable performance during frequent loading and excavation operations. The 23.5-25 GTL Plus variant, on the other hand, supports wheel loaders with improved traction and endurance on demanding surfaces. F
or underground mining requirements, the 14.00-20 VEM AS-UG OTR tyre features a reinforced casing and specialised compound designed to withstand abrasive environments and the rigorous duty cycles of shuttle cars.
“India is witnessing a transformative phase in infrastructure development, and JK Tyre remains committed to support this journey. With the launch of our new OTR range at EXCON, we are strengthening our support for equipment that powers critical infrastructure, enabling greater productivity, durability and operational safety across the country’s construction, mining and industrial projects," averred Srinivasu Allaphan, Director-Sales & Marketing, JK Tyre & Industries.
Mahindra Compax Mini Compactor Unveiled
- By MT Bureau
- December 11, 2025
Mahindra’s Construction Equipment business (MCE) launched the Compax mini compactor at EXcon 2025 in Bengluru. The mini compactor, aimed at the road construction industry, packs cutting edge techbology to deliver best-in-cass fuel efficiency and reliability. It is built robust and furthers the standards in the category to ensure better returns to the operators.
“Mahindra commercial vehicles and construction equipment machines are known for their cutting-edge technology, best-in-class fuel efficiency, robust built and reliability that helps deliver substantially higher earnings and profitability for our customers. The new Mahindra COMPAX reflects the same Mahindra DNA and is poised to deliver higher profits and prosperity to our customers. Our deep understanding of the challenges of the Indian infrastructure ecosystem and strong capabilities of indigenous manufacturing makes our machines, including the new mini compactor, an ideal choice for demanding compaction tasks,” said Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO, SML Mahindra Ltd.

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