Editor's Desk

Editorial

Excon 2015- Indias Premium Showcase of CE Industry

Positive sentiment prevails in the infrastructure equipment industry which is abuzz as Excon 2015 is around the corner. Growth prospects are visible over the horizon, in light of the positive trends reflected in most of the economy indicators for India.

Editorial

Global Meltdown in Mining

Market analysts and mining equipment majors like Caterpillar and JCB predict a meltdown in the global mining sector and have announced plans for downsizing their organisations by cutting up to 10,000 jobs

Editorial

Yuan Devaluation Spells Gloom

The recent devaluation of Chinese Yuan by 4 per cent has triggered a global crash of stock markets. Indian BSE index has dropped by over 16000 points and there is more to come.

Editorial

Happy Tidings For Roads and Cement Sectors

While inaugurating The Nation Conference on Highway Equipment jointly organised jointly by ICEMA and IAHE at Delhi, Shri Nitin Gadkari said that the Ministry?s target is to expedite the construction of National Highways in India.

Editorial

Positive Indicators

Indicators are hinting that the economic momentum is back in India. The Index of Industrial Production shows capital goods output rose 11 per cent in April and slow moving projects are reviving.

Editorial

Energy Conservation A Global Initiative

Lord J.C. Bamford, Chairman JCB Group, on the eve of the one year completion of PM Modi's government recently expressed support by stating, ?We are very positive about India and positive about the Indian government.

Editorial

A Formidable Challenge

Having spent considerable years in the infrastructure equipment industry, I have now joined the editorial of EQUIPMENT INDIA. Fresh initiatives by the government brings renewed focus to infrastructure development, and promises galore to the equipment industry

Editorial

Mining - A New Chapter

Finally, there is good news for the Indian mining industry. The Indian Parliament has recently passed the Coal Mines Special Provisions Bill and Mines and Minerals Development (MMDR). Definitely, a huge shot in the arm for this industry and all its stakeholders.

Editorial

Budget boost!

Infrastructure has received a booster shot of Rs 70,000 crore and another Rs 24,000 crore of increased outlays on roads and railways. This would take the existing spend on infrastructure for 2015-16 from Rs 2,10,000 to Rs 3,04,000 crore plus the funds created as an outcome of the seed money invested in National Investment & Infrastructure Fund which in turn will find its way into infrastructure funding companies like IRFC & NHB where they will evolve with a factor of ten.

Editorial

The time has come

As per one of the recent reports ?impatience was creeping in among business men as nothing has changed on the ground in the first nine months of Modi government?; and if we assess the time period for this ?impatience?, it is not the couple of months these ?business? communities have looking for some action from the government, but it has been over a couple of years! Opportunities are aplenty.