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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.

Reforms will boost recovery

Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.

National Infrastructure Pipeline Gets Set to Flow

The Union Budget 2020-21 heralds the roadmap for investing Rs 103 trillion in the next five years.

Flurry of road bids expected

According to the latest reports, India's GDP growth rate slipped to 4.5 per cent in the July-September quarter of this fiscal.

Recharge to Rebuild!

The manifesto of the NDA points towards building 12,000 km of roads per annum! In 2018-19, even though contracts awarded were to the tune of 15,000 km (against 17,055 km in 2017-18), the figure for roads constructed up to November 2018 has been 5,759 km (against 9,829 km in 2017-18).

Technology paving the way for innovation

The recently concluded mega construction equipment event bauma saw a slew of new technologies on show that are going to attract the attention of the customers in future.

Infrastructure momentum to continue

Global construction equipment sales hit an all-time high of 1.1 million units in 2018, with a retail value of approximately $110 billion, according to Off-Highway Research.

Growth ahead, no skidding!

According to the UN's World Economic Situation and Prospects (WESP) 2019, India's GDP growth is expected to accelerate to 7.6 per cent in 2019-20 from an estimated 7.4 per cent in the current fiscal ending March 2019.

CE needs a breather from BS-VI

In a bid to deal with the critical pollution situation in the national capital, the Ministry of Petroleum has brought forward the date for the rollout of BS-VI fuel for Delhi to April 1, 2018 instead of the original deadline of April 1, 2020.

The race has begun

'Infrastructure 2.0' was the theme of our 10th Annual issue of Equipment India. The 5th Annual Equipment India Awards & CEO Forum held on February 16, 2018 in Delhi also hovered on the same theme.

Will CE cross 'Mount 52,500'?

Will CE cross its previous peak of 52,500 units achieved in 2011 this year, despite the additional burden caused by GST? The majority feels that the peak is within reach.

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