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Bringing sustainability to the fore

JCB has continued to make concerted efforts to conserve and optimise the use of energy.

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

Budget spurs order books

The Budget 2021 has won the approval of its utmost critics with most giving it a thumbs up. Infrastructure is the mantra for 2021-22 as the Finance Minister proposed to significantly enhance capital expenditure to Rs 5.54 trillion in the next fiscal, besides creating institutional structures and giving a big thrust to monetising assets to achieve the goals of the National Infrastructure Pipeline (NIP), which was launched in December 2019 with around 6,835 projects.

Rs 100 tn to be spent for infrastructure creation

Prime Minister Narendra Modi said that Rs 100 trillion will be spent towards infrastructure creation in the country.

Port of call

Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.

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.

Coal import decline to impact port players

The rating firm ICRA has cautioned against the continuing decline in coal imports that may impact long term returns for port players with high concentration of coal cargo.

On a Brighter Note

The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.

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