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Can India be an alternate manufacturing base?
Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.
Paving to Perfection
The projects planned in roads, highways and expressways under the National Infrastructure Pipeline for the next five years will drive the demand for pavers during the period.
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.
CE industry will continue to witness a healthy growth
The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.
On Sustainable Growth
Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.
CE finance outlook
Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.
Aggregate Boom,Policy Gloom
Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.
National Capital Goods Policy 2016
The National Capital Goods Policy 2016 has been the talking point for some time now. It is a policy that is not short on intent. It is conclusive but not entirely comprehensive. Some critical elements have been surprisingly left out.
Compact Road Equipment Market to Grow
Developmental work in the North-East and far-flung rural areas will drive a robust growth of road building equipment, with a twist - the market for smaller-sized equipment to suit applications and delivery logistics requirements will be the gainer.