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Union Budget 2020: What?s there for infra equipment?

There are certain key proposals in the Budget 2020 that can boost the sale of infrastructure equipment. But the real opportunity will be visible once the projects take off successfully.

Budget 2020

The Budget 2020 presented by Union Finance Minister Nirmala Sitharaman has given thrust on infrastructure development of the country.

New Opportunities

Upcoming infrastructure projects in metro rail, bridges, railway and irrigation are going to drive the demand for foundation equipment in the coming years, writes Karan Chechi.

It can take 3-6 months to get back to a smooth industrial activity

At a time when the industry is going through tough conditions, Putzmeister is taking important steps to support its customers.

Palletisation Crucial for Logistics and Handling

Palletisation is the most visible aspect of a definite shift towards standardising and professionalising the sector in India, to increase its levels of efficiency, productivity and safety. Anil Lingayat writes.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

Indian CE Market Overview

In spite of the short-term ups and downs in the market volumes, the construction equipment (CE) industry is expected to touch close to the volume of 140,000 units by 2024-25.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

An Uphill Task

Lack of availability of certified skilled equipment operators is a major issue faced by construction contractor in India.

We have pioneered the operator training programmes

JCB India through its 15 centres has already trained close to 30,000 operators, thereby creating employment and entrepreneurship amongst the youth.

Over 500 operators have received training in five years

Godrej has ambitious plans to expand its footprint in the training space by opening more training centres across India.

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

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.

Medium to long term outlook positive: Wilfried Theissen

The Putzmeister India Managing Director Wilfried Theissen termed the Union Budget 2020 positive on medium to long term outlook, but said challenges remain in the immediate to short term

Budget 2020: Key takeaways for infrastructure

Tax concessions extended to sovereign and pension funds will go a long way in attracting long term financing solutions for infrastructure sector, says Sandeep Upadhyay, Managing Director ? Infrastructure, Centrum Capital.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.