Search

Driving Technological Revolution

With more than 1,200 exhibitors from India and abroad, Excon will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies.

CII targets over 15% YoY growth in next 5 years

The event witnessed the participation of leading names from the industry, government, and stakeholders from the infrastructure and construction equipment sector.

Highway works worth Rs 1.63 lakh cr sanctioned in six years

Highway works worth Rs 1.63 lakh cr sanctioned in six years

Road 2 recovery

Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.

Growth will pick up only if the government ensures a good mix of BOT and EPC projects

The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.

Digital Edition