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India’s Road Expansion Fuels Surge in CE Demand
Fueled by rising government spending, rapid urbanisation, technological innovations, and the ‘Make in India’ initiative, the future of the construction equipment industry is promising, brimming with potential and opportunities.
Road ahead for CE industry
Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.
On the Fast Track
The government’s ambitious plan to construct 12,000 to 13,000 km of national highways and award similar contracts presents a major opportunity for the road equipment industry growth.
CV industry expects turnaround in H2FY25
During FY24, the CV industry faced unexpected challenges, resulting in muted volume growth of 0.7 per cent.