The Indian construction machinery market is still on an uptrend: After an exceptional gain of 34 per cent in 2016, the German Engineering Federation (VDMA) determined a still considerable growth of 12 per cent for 2017.
To quantify the industry, V Venkataramana, Vice President-Marketing, Puzzolana Machinery Fabricators, says a simple thumb rule is that the aggregate industry is twice the size of the cement sector, and the market for sand is about thrice the cement market.
Outstanding performers from India's infrastructure equipment sector were honoured at the grand evening. The who's who of India's infrastructure equipment sector had started arriving nearly an hour before the awards ceremony was to get underway.
The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.