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Construction costs rise 11% in 2024, driven by labour expenses
The cost of construction in India increased by 11 per cent over the past year, primarily driven by a 25 per cent rise in labour expenses, according to Colliers India.
Mining opportunities and challenges
Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.
Road Equipment: Road to Recovery
The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.
We try to produce more in India
Trelleborg India showcased latest sealing solutions such as the Z25 polyurethane seal for high temperature applications in Off Highway segment.
On A High!
High-rise construction is catching up momentum with more and more sky scrapers of 300 m and above are coming up in India. With these high-rise constructions, Indian construction industry is gradually moving towards the next level of technology which has necessitated the use of new and improved construction equipment to meet the demand of safe and quality construction.
M-Sand as Alternative for Natural Sand
With the latest innovations in crushing technology, modern crushers can produce well-graded and high quality sand, writes Ramanan Anantharaman.
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,