India for us is an extremely important market. We strongly believe the development of infrastructure will be an important phase in the development of the country over the next 10 years. So, there is a great opportunity for companies like ours.

We think the industry is slowly coming out of the recent challenges that it faced in terms of GST and demonetisation. With the GDP picking up again, we are going to see a positive impact of this in the long term. What we are sure about is a double-digit growth in the coming years but different segments of the construction equipment industry will have different growth figures.

At Excon, we launched the new HiLight V5+ LED light tower which as a full unit is compliant to CPCB II (Central Pollution Control Board II) norms. We have designed a strong patented HardHat TM canopy specially designed to withstand tough conditions in tough terrains.

Infrastructure is a wide term. Projects such as Bharatmala, construction of expressways and highways have given a boost to the roads sector. Water transportation is another area that will bring in large demand for equipment and investment.

Construction industry has a bright future with the demand continuously growing due to large number of projects coming up in the concrete and infrastructure industry. Metro and Railway projects are also contributing to the growth of industry.

Wirtgen has a range of products for concrete roads in India and there are a lot of Wirtgen pavers working in the country. The SP 62 by Wirtgen is a two-track paver for city jobs and small roads; it is a more compact machine compared to big pavers like SP 94, which is more for high rises.

While India's large urban population leaves tremendous potential for metro-rail network expansion, the country is paving its own success path on the metro route.

Perceived to be a constructive and good step forward, the Union Cabinet recently approved the Metro Rail Policy 2017 to enable realisation of growing metro rail aspirations of a large number of cities but in a responsible manner.

With 1,878 operative major mines in 2016 -equitably spread over metallic minerals, non-metallic minerals and coal - and vast mining resources, the prospects are bright for India's rich mining equipment supply chain.