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NIP can make CE tick
As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.
Use of automation in road construction may increase
Share insights on technological up-gradation that has happened recently or might happen in near future in the construction and engineering business.
There is an increase in demand for underground equipment
Sandeep Mathur, Brand Leader, New Holland CASE Construction Equipment, shares light on technological upgradation happened recently.
One of the major demand drivers is increase in demand for underground mining equipment
With the mining sector being one of the core industries of the economy, it has witnessed year-to-year growth. In terms of trends, there were positive signs in the manufacturing and mining activity that recorded a higher relative growth performance last year.