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2030 Goal: 250,000 Excavators!
India aims to increase its annual production from approximately 85,000 units to 250,000 units by 2030, driven by infrastructure investments in roads, railways, and mining
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Construction equipment industry anticipates 14-15% revenue surge
According to a report by CRISIL, the domestic construction equipment industry is poised for substantial growth this fiscal year with an anticipated revenue surge of 14 to 15 per cent.
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7th India Construction Festival
Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who’s who of the infrastructure and construction industry.
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Will cement demand grow post-pandemic?
Automation, digital transformation, new energy sources dominate discussion
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Revenue of road EPC companies to de-grow 8-10% this fiscal: CRISIL
Revenue of road-building EPC companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdowns severely curtailing activity
Commercial coal mining can reduce coal import: CRISIL
The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.
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Revenue growth to halve for EPC road cos through FY21: CRISIL
Road developers in the engineering, procurement and construction (EPC) segment could see revenue growth halve in fiscals 2020 and 2021 to ~15 per cent, compared with 30 per cent in fiscal 2019, a CRISIL study of 75 companies it rates in this sector indicates.
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Is the money flowing again?
Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.