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Earthmoving equipment constitutes 20-25 per cent of the cost of a construction project. […]
Expanding Market: Significant growth in construction equipment segment
After almost three years of sluggish growth (2011-14), the construction equipment market witnessed a surge in the past 18-20 months led by eased foreign direct investment (FDI) norms for the construction sector, revival of economic […]
Bidding Regime: Intervention needed to avoid abnormally low bids
Abnormally high bids (in terms of payment of premium to the procuring authority) were responsible to a great extent in contributing to the financial ruin of many in India’s roads sector during the days of […]

