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Market trends and Future Growth
The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions
NHAI needs to look into obtaining the necessary land clearances before awarding projects
The North-Eastern region is a major focus area with plans in place by the authorities and quick turnaround time for awarding projects. Today, demand for equipment is also increasing gradually from this part of India, says Prantik Saha, Marketing Manager - Road Construction Equipment, Atlas Copco. Excerpts of the interview.