Editor Desk
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Expectations Post Monsoons
Slowdown in construction activities, all around the country, is a predictable annual feature. It is time for the industry to recharge its batteries, rejuvenate equipment fleets, invest in skill development and be ready to meet the frenzy post monsoons.
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INDIA INSULATED FROM BREXIT FALLOUT
On the 23rd of June, UK public voted to leave the European Union. The news not just sent the UK markets and currency into turmoil but sent shockwaves that were felt all the way in India as well. The historic vote marks the rise of a new phase of uncertainty for the international markets.
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The GST Blockade
The Narendra Modi government?s several attempts to get the most sought-after tax reform are being thwarted by the Congress majority in the Rajya Sabha, under one guise or the other.
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Post Budget Vibrations India: Sustained Growth
According to Macquarie, the growth momentum in the construction equipment (CE) segment has sustained in India, despite withdrawal of discounts and price increases. Also, purchases were being done primarily by first-time buyers.
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Of Truths & Dares
The Indian economy is to grow at 7.5 to 7.75 per cent GDP, which by global standards, is the highest growth. However, the impact on the ground is minimal.
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8 YEARS OF EQUIPMENT INDIA
I am deeply honoured and pleased to inform you that EQUIPMENT INDIA has successfully completed eight years of publication as the only magazine on infrastructure equipment in the country.
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Outlook 2016 Positive
IMF economists predict 7.9 per cent GDP growth for India in 2016, subject to continuity of investments in infrastructure and implementation of significant commercial reforms like GST
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