Despite global uncertainties and a protectionist stance adopted by developed economies, the Indian economy has been steady on its growth trajectory. Although factors such as demonetisation and weak private investment caused a dent in economic […]
The construction industry is expected to witness significant opportunity in the coming years. The government is planning to spend $60 billion on infrastructure in the current fiscal year. Given the strong government spending, companies are […]
Airport development in India is primarily under the purview of the Airports Authority of India (AAI). Of the country’s 134 airports, AAI manages 125, of which 21 are international facilities. In addition, the authority is […]
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 […]
With the commissioning of the Chenani-Nashri tunnel in Jammu & Kashmir, India has to its credit the construction of Asia’s longest bidirectional road tunnel. In a much-awaited move, the central government inaugurated the tunnel on […]
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 […]
Geosynthetics are a family of polymeric products used to solve civil engineering problems encountered in infrastructure development, and are especially used to stabilise the terrain. Their use has expanded rapidly into nearly all areas of […]
India’s construction sector is an important determinant of its economic growth as it provides employment on a large scale and has a multiplier effect due to the creation of infrastructure assets. The sector provides employment […]
Construction activity, which lies at the core of infrastructure development, has been cyclical at best for the past few years. Stymied by a host of factors such as regulatory bottlenecks, land-related issues, difficulties in financing, […]
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 […]
India is emerging as one of the largest markets for earthmoving and construction equipment (ECE) in the world. […]
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 […]
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 […]
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