Dipesh Dipu, Partner, Mineral Policy Consultant, Brookings India The earthmoving and mining equipment industry has witnessed a fair degree of uncertainty in the recent past on account of lower-than-expected demand from the mining and infrastructure […]
Creation of infrastructure, an economic determinant of GDP growth, critically hinges on the pace of construction activity. In the past few years, several government programmes that lay emphasis on infrastructure development have spurred growth in […]
The construction equipment finance business is witnessing robust growth owing to the spurt in the road, irrigation, railway, affordable housing and mining sectors. Public and private sector banks, non-banking financial companies (NBFCs) and private financiers […]
According to the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry is estimated at $3.1 billion (as of 2015). The increasing mechanisation of construction activities allows greater penetration of equipment such as backhoe […]
In recent years, India has launched a number of infrastructure initiatives such as the Smart Cities Mission, the Pradhan Mantri Gram Sadak Yojana, and the Sagarmala and Bharatmala programmes. Construction activities in projects under these […]
The heavy construction equipment rental business in the country is still in its infancy. Rental penetration stands at 7-8 per cent as compared to global standards of 50-80 per cent. At present, the key equipment […]
The demand for earthmoving equipment depends heavily on infrastructure development. Currently, with the renewed focus on various infrastructure building activities in sectors such as roads and highways, airports and ports, irrigation, railways and urban infrastructure, […]
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 […]
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 […]
Forming the largest segment in the construction equipment space in India, earthmoving equipment is primarily used in mining and construction activities. The demand for such equipment is expected to increase on the back of increasing […]
The market for equipment moves in tandem with growth in the manufacturing sector. With the aim of increasing the share of manufacturing in the economy’s GDP, the government is taking steps to give an impetus […]
Earthmoving equipment is typically classified into two large groups – for construction and infrastructure, and for mining. These industries in India have been in a state of flux as the regulatory environment has seen transformational […]
Earthmoving equipment constitutes 20-25 per cent of the cost of a construction project. […]
India is emerging as one of the largest markets for earthmoving and construction equipment (ECE) in the world. […]
The central government is serious about improving the pace of infrastructure development in the country. […]
COPYRIGHT © 2016- 2022 | INDIAN INFRASTRUCTURE