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Testing & Interesting Times
After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.
Safeguarding the industry
The construction equipment industry is going through a never-seen before sales scenario as the volume witnessed a steep fall of 70 per cent in April-June 2020 quarter, as per the findings of the CRISIL Research.
Thwarting challenges
The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.
Think big
The latest bout of infrastructure booster to road construction push includes the Bharatmala Pariyojana with a Rs 5.35 trillion investment to construct 34,800 km of roads.
Light at the end of the tunnel?
The Bullet Train dream is beginning to take shape. Japan is funding the project with a soft loan over 50 years with a 15-year moratorium. But even before we get onto a Bullet Train, the metro rail projects have kicked up a storm.