In your views share with us your assessment on the opportunities the year offered for CE segment.
This year came with its share of ups and down in the construction equipment sector. Significant progress has been made in the sector in terms of government providing a lot of opportunities, for example, building rural roads since last few years. The important announcement made by the government for construction of 1,25,000 kms of roads under Pradhan Gram Sadak Yojana under Phase III at an estimated cost of ₹ 80,250 crore has had a positive impact on the CE segment.In a bid to further give a push to the country’s infrastructure, the government has set up a task force to draw up plans for building infrastructure worth ₹ 100 lakh crore ($1.4 trillion) over the next five years. The NHAI has been spending nearly ₹ 70, 000 crore annually on road construction; NHAI is also trying to involve private investments to improve the sector’s crises. With aiding steps taken to improve the sectors monetarily crises we expect some stability in the demand in near future. So, a fair share of opportunities was given by the government this year for the commercial equipment sector and we praise all the efforts taken up by them.
Give us an assessment on the demand-supply scenario. How much has the situation improved in regards to clearing of the stock-loads?
This story is from the December 2019 edition of Epc World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2019 edition of Epc World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Budget 2020: A Mixed Bag of Hits & Misses
While the Union Budget has brought in several reasons for India’s infrastructure and construction industry to cheer and applaud, voices from the market draw out mixed sentiments from the stakeholders. Veena Kurup writes…
Tepid Demand: Awaiting Projects Execution
The industry has a tepid demand in 2019. However, towards the end of the year there were signs of revival and the industry is hopeful to clock 8-10 percent growth in FY2020-21. But, it all depends on how sooner the government’s projects are put on track.
We have lined up few capexes, the payback period are quite attractive
In FY19, our Satna cluster’s utilization levels were at 90 percent, says VIJAY AGGARWAL, Managing Director, Prism Johnson
Ready for Future: India's warehousing sector
The warehousing sector in India is at the threshold of a new era. From simple godowns and sheds it is evolving into an organised sector with highly automated warehouse mechanism catering to the distinctive needs of each industry.
Policy and regulatory push needed for logistics sector
After entering the spotlight in 2018, the logistics and warehousing sector had an average 2019 due to the overall economic slowdown and global headwinds.
Over the next decade, business opportunities in logistics and industrial parks are going to be robust - Dr. Niranjan Hiranandani CMD, Hiranandani Communities
As India’s new-age economy – including e-commerce and organized retail - morph into the larger quantum of growth, in sync with the same, we have seen commercial real estate throw up some surprises.
Green Cement: A Step Closure to Sustainable Construction Green Cement
Cement is a strong binding agent or adhesive, which serves as the primary ingredient in concrete.
High-performance High-Speed Doors
High Performance Doors are automatic doors used for fast access between internal and external areas of buildings.
Komatsu, L&T and Scania reaffirm commitment to the CE Industry
Komatsu, Scania and L&T Construction Equipment (LTCEL) have put up a panoramic display of 19 machines, making it one of the most comprehensive displays of Construction, Earthmoving and Road Machinery.
Addressing the Warehousing & Logistics Woes
Budget 2020 gave the warehousing and logistics sector the much-needed oxygen through monetary support and supportive policy measures, explores EPC World
