Editor's Desk
Editorial
Marching Ahead
Though the Union Budget 2012-13 is not considered to be much of a game changer, it augurs well for the infrastructure and equipment manufacturing segments. The enhancement of sectoral allocations, doubling of the amount of tax-free bonds to be raised for infrastructure in FY13,
Editorial
The SRK Factor
The largest Chinese-German transaction to date, the Sany-Putzmeister merger, is expected to throw up a new global leader for concrete pumps, thereby changing market trends. Over the past six months, strong rumours regarding Schwing Stetter were doing the rounds and then viola.
Editorial
X factor drives growth
At under 60,000 units of CE, the industry?s contribution to the auto component industry, at nearly $40 billion for 2010-11, is still very insignificant considering a tractor production of over 5,25,000 units and medium and heavy commercial vehicles over 3,30,000 units.
Editorial
Confidence Quotient
'Vision 2020: Commanding New Heights', a study on the CE industry by the Confederation of Indian Industry (CII) and the Indian Earthmoving and Construction Industry Association (IECIAL),
Editorial
CE sector on cusp of boom
Infrastructure spending will drive construction equipment (CE) growth. As per the 12th Five Year Plan estimates released, the following is the spending envisaged:
Editorial
Engines of Growth
A recent report from the United Nations Industrial Development Organisation (UNIDO) forecasts that the world's manufacturing output growth will be slower compared to the last year. As per the report, the developing countries have maintained high growth rates of manufacturing with production increasing by 11.1 percent.
Editorial
Sustainable solutions
If the numbers can be believed, in India, about 15,000 tonne of aggregates are required per kilometre of highway. A typical project of National Highway Development Project (NHDP), of 60 km of road improvement requires 20 lakh tonne of virgin material
Editorial
Topline jump
It's a clear growth pattern. The consolidated financial results for the last fiscal (April 10-March 11) announced by many of the major OEMs shows a definite growth trajectory especially in the lifting and earthmoving and the concrete equipment segments.
Editorial
Upgrade codes and specs
A shift towards better, advanced and environment-friendly industry practices depends not only on the exposure to such technology but also on how fast we can imbibe and adopt the same, and how fast we can upgrade the existing codes and specs that will help raise the bar of quality and content.
Editorial
Need for a balanced approach
The objective of double-digit growth has triggered huge investments, to the estimates of around one trillion USD by 2017.
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