The equipment and technology market can broadly be divided into three categories – drill and blast equipment, tunnel boring machines (TBMs) and other equipment. Tunnelling equipment is usually acquired through purchase of new machinery, purchase […]
Tunnel construction requires various types of materials including explosives, concrete, steel, shotcrete material, lattice girders and rock reinforcement supplies. Materials used in tunnelling vary with the design and construction methods chosen for each project. The […]
Significant progress in technology as well as increasing focus on cost efficiency and safety have necessitated vast changes in the methods and techniques employed in tunnelling. […]
The construction industry contributes about 8 per cent in gross value added (GVA) to the Indian economy. It is also the second largest employer after the agricultural sector, employing about 41 million people. The construction […]
Construction activity in the infrastructure space got a boost after the BJP government clearly spelt out its pro-infrastructure intent. The launch of a host of initiatives by the government also helped to step up activity […]
The construction equipment segment constitutes a major component of the construction industry. It serves key sectors such as highways, railways, mining, urban infrastructure/transport, ports, irrigation and power. Given the huge investment lined up in these […]
Over the past year, the infrastructure sector has started seeing a small turnaround after dismal growth in the past two to three years. This, in turn, has impacted the market for key materials such as […]
The construction industry is highly fragmented due to the presence of many organised as well as unorganised players. Across the industry, there are few long-term associations between contractors and clients, and there is a lack […]
On the back of the government’s renewed focus on infrastructure development, contractors are expected to witness significant future construction opportunities. The government is expected to pump more funds into infrastructure, which is likely to attract […]
The increase in demand for urban housing has been driven by the burgeoning population coupled with rising urbanisation. Between 1961 and 2012, India’s urban housing shortage increased at a compound annual growth rate (CAGR) of […]
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