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Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
Concrete Moves
Despite the Rs 2,500-crore concrete equipment industry registered nearly 40 per cent fall in the market and is under severe pressure, there are tremendous growth opportunities in the long term.
Batching solutions
The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.
Piling Deep for Solid Growth
In a highly competitive market space hitherto rigged with challenge, the piling industry has responded positively by developing and launching advanced rigs. The piling technology with latest monitoring features could help increase productivity and reduce overall cost of a project.