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Driving Technological Revolution
With more than 1,200 exhibitors from India and abroad, Excon will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies.
CII targets over 15% YoY growth in next 5 years
The event witnessed the participation of leading names from the industry, government, and stakeholders from the infrastructure and construction equipment sector.
Chilla Elevated Road gets budget approval for Rs 8.01 bn
The Chilla Elevated Road which has been postponed since 2021 owing to a shortage of funding is finally going to move forward after the allotment of the budget of Rs 8.01 billion.
Delhi govt approves first phase of elevated corridor in Najafgarh
According to an official statement, the Delhi government will build an elevated corridor in Najafgarh to relieve traffic congestion in the area.
L&T awarded contract for its buildings & factories business
The L&T construction has secured a large order for its Buildings & Factories business from Central Public Works Department (CPWD) to construct Common Central Secretariat Integrated Buildings 1, 2 and 3 in Plot 137, New Delhi with a built-up area of approx. 48.11 Lakh Sq.ft. including its Operation & Maintenance
Highway works worth Rs 1.63 lakh cr sanctioned in six years
Highway works worth Rs 1.63 lakh cr sanctioned in six years
Mega Infrastructure Summit 2021 to be held on Apr 6-7
The Mega Infrastructure Summit 2021 is all set to welcome you back to an engaging physical forum to unlock and connect you with unlimited networking opportunities.
Ahluwalia Contracts wins CPWD contracts in Jammu
Ahluwalia Contracts has secured an order worth Rs 12.54 billion from the Central Public Works Department (CPWD), Jammu.
The Road Ahead
In spite of the government's policy shift towards building four- and six-lane National Highways as concrete roads, plans to construct more rural roads and coastal roads will drive the demand for asphalt plants in the future. ÆßÃõ¼º½ explores the road ahead for asphalt plants.
Road 2 recovery
Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.
Growth will pick up only if the government ensures a good mix of BOT and EPC projects
The government has to address issues like long-term funding for road projects, faster land clearances and introducing more stringent prequalification criteria for contractors who are bidding for road projects. The blocks have to be cleared to expedite a healthy growth in this sector and to attract the private sector for BOT projects, says Rohit Punjabi, Assistant Director (Strategy and Marketing), Liugong India. Excerpts of the interview.