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Aiming for New Heights
Sany has made its presence felt in Indian construction equipment market with its quality range of equipment. Be it excavators, cranes, or concrete equipment, Sany has created a niche market in India. In its 15 years of service to Indian market, Sany has become the market leader in crane business.
BEML exhibits its prowess at IMME 2016
BEML participated in big way in the IMME 2016, the 13th International Mining & Machinery Exhibition and Global Mining Summit being held at Kolkata last month.
On a Positive Note
The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.
Industry?s Take
In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.
Demonetisation | Modi plays a trump card
The demonetisation of old Rs 500 and Rs 1,000 currency notes by the government on November 8, 2016 has taken India by surprise.
Buoyant Future
An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.
New Mining Laws not Conducive
Although the government and the mining stakeholders are gung ho about the eminent growth in this core sector, as reported, the new laws do not adequately address what ails this important growth sector.