Curtailing Costs: IR working towards reducing expenditure on energy
In recent years, energy management has been a key focus area of Indian Railways (IR). It has undertaken a number of initiatives to curtail fuel costs. Energy costs (comprising diesel and electricity costs) roughly account […]
Better Times Ahead: An overview of the earthmoving equipment industry
With the sluggish growth in sales witnessed during 2012-15, the construction equipment industry (including the earthmoving segment) has recently started showing signs of revival. According to Off-Highway Research, during the period 2010-14, the market size […]
Back to the Basics: Construction players return to the EPC model
India’s construction sector is one of the major contributors to financial stress on bank books. While banks are responding to the situation by invoking various debt conversion schemes, construction players are shifting their business models […]