Mining Equipment Sector Ablaze
India's national Budget 2016 is scheduled on February 29, 2016. Industry is rife with guesstimates, speculations, recommendations to the Finance Ministry and positive expectations which will help fuel their growth.
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
CE Industry Buoyant
It looks like all the initiatives by Narendra Modi?s government to accelerate infrastructure: Bringing in reforms to create ease of business in India
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.
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
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.
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.
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.
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.
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