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The Concrete Advantage!
The concrete equipment market is expected to rise on account of anticipated growth in the construction industry, increasing FDIs, and the rising number of smart city projects in the country.
$5.13 Bn Opportunity!
Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.
Counting on diggers
Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.
Concrete proof
Growth is round the corner for concrete equipment as market is projected to cross $1,300 million by 2024, exhibiting a CAGR of 13 per cent because of anticipated growth in the construction industry.
Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes
The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
Opportunities in bulk for cement
As per estimates of total projects to be sanctioned and those upcoming and under construction across sectors, the hope is to see better days ahead鈥攓uantitatively and qualitatively鈥攆or the cement industry.
New Frontiers of Trenchless Technology in India
During the past 25 years, trenchless technology has become a major part of construction industry in India. Dr Niranjan Swarup elaborates on the emerging trends in trenchless technology in India and the opportunities for the world
Serving Local Community
Water scarcity and water inequality is one of the major concerns affecting India's overall development.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
Trenchless Technology & Physical Infrastructure in India
On account of several benefits, trenchless technology is becoming the first choice in many construction projects. Dr Niranjan Swarup elaborates more on the importance, benefits and demand trends of this technology in India.
Pushing Boundaries
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.
Rental Market for Diesel Gensets
The growing construction market coupled with development of industrial and commercial applications including manufacturing, service sector and events have buoyed the growth of diesel generator rental market in India.
Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
Infrastructure 2.0
Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.
On Cloud 7, Moving to 9!
The Indian construction industry is excited to witness the on-ground acceleration action in projects for most infra sectors. Probably the only sector which is waiting in the wings is realty, where there are still no signs of any major revival.
National Conclave on Smart Technologies
The conclave, held on August 22-23, 2015, in Hyderabad, brought together international experts on technologies and smart cities along with urban development officials from across India.