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INFRA INFRA INFRA
The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.
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Landmark year
The 4th Annual Equipment India Awards and CEO Forum held on April 21, 2017 was accepted by the industry wholeheartedly with a full house presence. It was a great occasion for us to see participation from the entire cross-section of the infrastructure equipment industry, project contractors, consultants, and government agencies such as Indian Railways, NHAI and IRF.
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The new norms
Lok Sabha has passed the GST Bill, clearing the deck for its smooth rollout from this July. Termed as independent India?s biggest reform initiative, the GST Bill is expected to bring together the entire nation on a single platform of taxation.
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BUDGET 2017 | PUBLIC SPENDING TO DRIVE SALES
Although there are no landmark announcements in this year?s Budget, a special thrust on transport infrastructure development and affordable housing will definitely gift some market opportunities to the CE segment.
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BUDGET 2017 | EXPECTATIONS
February 1, 2017 is the date set for presenting Budget 2017 by the Hon?ble Finance Minister, a significant deviation from the earlier end-February fixture. This budget comes at a time when the country has been reeling under the shock waves of the recent demonetisation of high value currency notes by the government.
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Industry Reactions | Policy Matters
At the recently concluded BAUMA CONEXPO INDIA at Gurugram, I had the opportunity to listen to industry voices on the impact of demonetisation, the new monetary policy announced by the Government and the upcoming GST regulations in the country. Most have accepted demonetisation as ?fate accompli? and taken it in their stride to manage the change.
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Demonetisation | Modi plays a trump card
The demonetisation of old Rs 500 and Rs 1,000 currency notes by the government on November 8, 2016 has taken India by surprise.
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New Mining Laws not Conducive
Although the government and the mining stakeholders are gung ho about the eminent growth in this core sector, as reported, the new laws do not adequately address what ails this important growth sector.
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Roads Sector | Key Market Driver
It is a matter of pride that India has achieved an impressive speed of more than 50 km a day in highways and over a 100 km a in rural roads. The thrust continues to build more speed.
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GROWTH STORY TO CONTINUE
Off-Highway Research, a part of KHL Group in their half-yearly report, forecasts that in terms of percentage growth, India is expected to be the most buoyant major CE market in the near-term, with 21 per cent growth this year
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