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Craning for Opportunities

From a global perspective, the equipment rental industry in India is in its nascent stage. Currently, the average off take for rental is 7-8 per cent of the annual equipment production in India as against up to 80 per cent in developed countries like UK, South Korea and others.

Craning for Opportunities

Despite a prolonged dip in demand for the last three years the power sector, especially wind mills and renewed focus on infrastructure, and core sectors like cement and steel are expected to drive the demand for heavy duty cranes.

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