Editor's Desk

Editorial

Rising Tide

Financial year (FY) 2020-2021 was a year of transition for the auto components industry.

Editorial

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

Editorial

How NIP has set the tracks for growth

Recently during an interaction with the Union Minister of Roads Transport & Highways Nitin Gadkari, the Minister reiterated that he was proud to have launched a CNG based equipment model of JCB.

Editorial

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Editorial

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

Editorial

Reforms will boost recovery

Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.

Editorial

Will Growth Sustain?

This September showed a sequential positive trend in the economy. Analysts say the 8 core sectors improved. Now to sustain that growth.

Editorial

The mantra of self-reliance

After months of speculation on GDP numbers, the results have confirmed our worst fears: our economy is suffering from a serious malaise.

Editorial

Safeguarding the industry

The construction equipment industry is going through a never-seen before sales scenario as the volume witnessed a steep fall of 70 per cent in April-June 2020 quarter, as per the findings of the CRISIL Research.

Editorial

Policy: Defer BS-IV & Bring in Scrappage

Given the grievous COVID-19 pandemic impacting the overall economic activities in the country, various industry organisations had sought government support by way of financial stimulus and other policy-related initiatives.