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Navigating the Road Ahead

The market for sensor pavers is expected to grow at 7-8 per cent CAGR over five years.

No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

Paving the way

The Indian market has a presence of technologically-advanced pavers with the presence of many national and international manufacturers.

Demand on the rise

The market is moving from mechanical to sensor pavers and the industry estimates the total market for sensor pavers to be more than 300 units per annum.

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.

Paving to perfection

Asphalt paver market is likely to flourish in the coming years as more rural roads and highways are in the offing. The Budget 2018-19 has major focus on extension of 3.17 lakh km of rural roads which are largely asphalt roads.