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Good transshipment facilities will drive port sector growth
In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.
"Customers NOW prefer higher capacity equipment"
With the impending revival of infrastructure sector and the government's definitive focus on growth, sales are expected to rise in the coming days.
Ports of Opportunities
Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.
We expect Excon to be more vibrant and industry-specific
With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.
TIL Rolls out 100th Hyster
TIL reach stacker from its Kharagpur facility, West Bengal reinforcing Prime Minister?s ?Make in India? vision.