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Concrete proof
Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.
Construction sector: A huge contributor to country's development initiatives
Construction was among the significantly impacted industries due to Covi-19 and sales of construction equipment also fell globally, writes Gagan Pal.
Construction sector: A huge contributor to country's fast-paced development initiatives
Authored by Gagan Pal, Vice President- Sales & Marketing, Honda India Power Products Ltd.
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore
Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter
YoY demand for concrete equipment will be at 20-25% in today’s scenario
Incorporated in June 1998, and commencing its manufacturing operations in 1999, Schwing Stetter India is a 100 per cent subsidiary of Schwing GmbH, a $1.30 billion German concreting machinery manufacturer and a part of XCMG group.
Elgi equipments posts sales growth in Q2
Consolidated sales for the quarter was Rs 4.80 billion as against Rs 4.45 billion in the corresponding quarter in 2019-2020.