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Budget FY27: What CE Companies Are Watching

With the Union Budget for FY27 scheduled for February 1, the construction equipment (CE) sector is closely monitoring potential policy measures aimed at strengthening domestic manufacturing and reducing import dependence. According to sources, the government is considering an incentive scheme of over Rs 13,000 crore, targeting high-value equipment such as tunnel boring machines, ropeways, backhoe loaders, cranes, engines, and transmission systems.

Overcoming Perceptions and Scaling Up

The drive for modernisation, infrastructure development and smart cities is fuelling the demand, making India a key player in the future of the construction equipment sector.

We expect a modest growth of 5-10% in the Indian market

Kennady V Kaipally, Country Manager, Bonfiglioli Transmissions Stefano Baldi, MWS Global Sales Director, Mobile and Wind Industries, Bonfiglioli Riduttori

How can the auto components industry bounce back

Financial year (FY) 2020-2021 was a year of transition for the auto components industry. There were new challenges in the form of outburst of Covid-19, loss in production, supply side disruptions, etc.

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