2018 CY came to a close with a slight drop in altogether Commercial Vehicle (CV) sales. It was M & HCVs, which saw a significant drop in sales when compared to the other CV seg’s. Linked with the implementation of new axle norms, the drop-in sales is said to be a result of the extra capacity added almost overnight, & in a market environment where the demand is not that strong. Followi  ...

A survey noted that India has about 4percentage green buildings but a dearth of technical expertise to execute projects & funding to pay for improvements remain the huge barriers to investments. The survey was conducted in 20 countries, including Argentina, Brazil, Canada, Chile, China, Colombia, France & the US, besides India. Green building is the practice of creating st  ...

India is expected to be ranked as the third largest construction market internationally by the year 2022.India is under the requirement of the investment worth Rs.50 Trillion in infrastructure by 2022 in order to attain the sustainable development within the country. According to ISG, the universal expenditure on engineering services is estimated to be outstretched to $1.4 trillion by 2020.  ...

In order to achieve the accomplished task in an efficient and effective manner, construction equipment & machinery and their selection plays a pivotal role. Lets have a glance at the contributing %ages of these equipment in the country’s economy. In what way top innovations fuel some of the key trends in 2018.

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Indian Construction Industry: Overview & Prospects

Infra’ sector is a key driver for the Indian economy. It includes power, bridges, dams, roads & urban Infra’ development. The sector is highly responsible for propelling India’s over  ...

The Engineering, Procurement & Construction sector is undergoing an interesting phase with factors like digitization & fluctuating oil prices influencing its growth & development. CoS in the EPC sector, especially are trying to break free from the predictable cycles of growth & decline & find ways for profitable & consistent performance.

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Indian airports are emulating the Special Economic Zone (SEZ) Aerotropolis model to enhance revenues, focus on revenues from retail, advertising & vehicle parking, security equipment & services.

The civil aviation industry in India has emerged as one of the fastest growing industries in the country during the last 3 years.  ...

Earth moving equip. market in APAC is est. to represent more than 50% of market value share in the global earth moving equip. China India are among the developing countries with intensive construction activities that fuel the growth of earth moving equip. market. In terms of volume, backhoe loader sales will grow at a 7.3% CAGR, owing to its smaller size, which  ...