An online panel discussion organised on October 15 as part of the 10th India Roads Conference discussed the best approach to mitigate challenges involved in financing road and highway projects for HAM and EPC companies.
While the pandemic has impacted most festivals across the country, this one remains untouched in 2020. In its best virtual stride, the India Construction Festival 2020 deliberated on sectoral issues, and applauded and awarded front-runners for their outstanding contribution in the construction space..
The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality as organised players are seeing business growth and more equipment OEMs are entering the business too.
Revenue of road-building engineering, procurement and construction (EPC) companies is expected to de-grow 8-10 per cent this fiscal with the COVID-19 pandemic-driven lockdown severely curtailing activity.
The Indian cement industry has been hit hard by the lockdown with operations severely disrupted and demand collapsing. Companies can mitigate the impact and build a road to resurgence by thinking and acting along three time horizons.