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Outlook on CE sector revised to ‘stable’: ICRA

Heightened focus on infrastructure spend, particularly in the road infrastructure segment has led to a sharp scale up in volumes since July 2020, resulting in +20 per cent YoY growth during July-January 2021 period.

Outlook on CE sector revised to ‘Stable’ with sharp volume recovery: ICRA

Two critical demand headwinds in the coming quarters are - the continued limited fiscal bandwidth with State governments to invest in infrastructure and the price hikes following the upcoming emission norm change in April 2022

Everest bags biggest tower crane order

Everest Engineernig Equipment has bagged a bulk order for 62 units of 12t flat top tower cranes from BG Shirke. 'This is the biggest order in the history of tower cranes.

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