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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