The Vande Bharat trains, launched in 2019, are some of the most prominent products of the Make in India programme. Originally named “Train 18”, the train set was developed indigenously at the Integral Coach Factory […]
India’s strong economic growth and increasing focus on infrastructure development have given a fillip to the structural steel and fabrication market. The key end-user sectors for steel fabrication in the country include construction, energy, infrastructure, […]
The infrastructure sector, which accounts for over half the demand for construction activities, is receiving the much-needed push from the government, which is planning to spend $60 billion on infrastructure in the current fiscal year. […]
Time and again the government has reiterated its focus on infrastructure development. The Rs 3.6 trillion budget allocation to the sector for 2017-18 as compared to Rs 2.2 trillion in 2015-16 is a testament to […]
The construction sector has been exhibiting dismal growth in the past few quarters, particularly in the last quarter of 2016-17, during which the growth rate turned negative. This was primarily on account of the government’s […]
The construction sector is one of the major contributors to economic growth, accounting for about 8 per cent of the country’s GDP. The sector has critical forward and backward linkages, with most of the construction […]
The construction equipment industry went through a torrid time between 2012 and 2015, during which growth plummeted. It was only last year that the revival process began and sales started getting back to 2011 levels. […]
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