Editor's Desk

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.

Editorial

B-DAY

It is finally official! India's $1.8 trillion economy grew almost 50 per cent faster in 2013-14 than earlier thought. The economy grew 6.9 per cent, not the 4.7 per cent as per chief statistician TCA Anant.The new methodology for measuring GDP

Editorial

2015 - The year of recovery?

Off-Highway Research has predicted that the number of units sold will double to 89,030 by 2018 from the current year?s 46,755 units. As per the analysis, the real trigger of growth becomes available in 2017-18 when there is a dramatic surge

Editorial

Risks and Rewards

A recent A.T. Kearney report states that given the investments planned by the government, infrastructure spending is expected to grow from 7.2 per cent of GDP in 2012 to 9 per cent by 2017.

Editorial

Catalysing Growth

Winds of change are here to stay! Investment in the construction development sector has a multiplier effect on the economy by way of infrastructure creation; substantial employment generation over the entire spectrum,

Editorial

Road To Success, Under Construction

A martial arts student went to his teacher and said earnestly, ?I am devoted to studying your martial system. How long will it take me to master it?? The teacher?s reply was casual, ?Ten years.? Impatiently, the student answered

Editorial

Hang on!

Two monks were returning to the monastery in the evening. It had rained and there were puddles of water on the road. At one place, a beautiful young woman was standing, unable to walk across because of a puddle of water.