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A Platform for Used Machinery

UMEX is the only exhibition catering to used machinery segment in Asia. The exhibition was visited by leading luminaries of the industry and senior government officials.

Road 2 recovery

Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.

The government should award projects only after securing key sovereign clearances.

With the government planning for a major infrastructure boom in the North-Eastern states, we foresee a lot of potential for businesses to grow and flourish. The government plans to make investments in roads, railways, air connectivity, cyber and telecom connectivity and power in this region, says Amit Gossain, Vice President - Marketing and Business Development, JCB India. Excerpts of the interview.

Assam to get 3000-km new roads

Media reports say that the Union Cabinet on July 3 approved a proposal by the Rural Development Ministry to relax norms for Assam so that 1,877 unconnected habitats can get road connectivity under the Pradhan Mantri Gram Sadak Yojana (PMGSY). These habitats, having population ranging between 250 and 499, will now be connected new roads covering a length of 3,140 km.

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