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Procurement Trend

The Indian construction equipment market is expected to grow at 12 per cent CAGR to $ 4 billion by 2017 P V Ramdev,. Along with this, the material handling and access equipment markets are also expecting some exponential growth.

Exact raw materials and mechanisms are still not available

The Procurement trend is still price-based. The contractors do not have the proper expertise for proper validation of tower cranes with respect to the quality

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