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Building Strong Foundation

The increasing number of construction projects is driving a surge in demand for piling, drilling, and deep foundation equipment.

Mumbai Trans-Harbour Link nears 97% completion milestone

The Mumbai Trans-Harbour Link (MTHL) project is rapidly approaching a significant milestone with an impressive 96.60 per cent of the work already completed as reported by the Mumbai Metropolitan Region Development Authority (MMRDA).

Building a strong foundation

As India’s infrastructure modernisation drive gathers steam, there is a concomitant rise in demand for foundation equipment across the spectrum.

Laying a strong foundation

The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.

We will be introducing more models in near future

The market size of the foundation equipment is estimated to see a drop this year. However, from the second half of 2021 till next 3-4 years, it is likely to grow substantially.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

Three contractors to build MTHL project

The executive committee of the Mumbai Metropolitan Regional Development Authority (MMRDA) appointed three contractors for the Rs14,000-crore Mumbai Trans-Harbour Link (MTHL) project.

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