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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.

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.

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.

TIL is committed to providing total solutions to its customers

TIL has been in the port segment for a long time and their current offerings include a range of equipment for material handling at ports like ship-to-shore cranes, level luffing cranes, rubber tyre gantries, reach sta?ckers, empty container handlers, la?den container handlers and mobile cranes,

Ports of Call

The statistics are impressive. Indian ports are expected to handle one billion tonne of cargo in 2011-12, two billion tonne by 2016-17 and 2.4 billion tonne by 2019-20.

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