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In the next three to five years, we plan to double our business
Sanjay Prasad, Managing Director, Liebherr India
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.
One year of lockdown: Real estate sector beating pandemic blues
For many industries, this was a transformative year and one of them which underwent a turbulent change was the real estate sector.
Towards better Mining
The measures announced by the government for mining industry are expected to have a positive impact in the coming years.
Budget 2020
The Budget 2020 presented by Union Finance Minister Nirmala Sitharaman has given thrust on infrastructure development of the country.
Building confidence
The coronavirus pandemic has created an unprecedented situation in the construction sector. Once back on track after the lockdown, government will have to take some concrete steps to support the industry and economy.
We expect more packages from the government
Considering further revenue loss and anticipated reduced demand for the upcoming months, we expect more packages from the government, says VG Sakthikumar, Managing Director, Schwing Stetter India.
Port Infra Needs Facelift
Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.
Infrastructure takes pole position
The Central Government's latest announcement on investment in infrastructure has revalidated the mood that was set by Union Minister Nitin Gadkari at EXCON this December.
TECH-MOVES
With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.
8,500 km by March 2015: How Realistic is the Target?
The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,