1.COVID-19: Construction equipment demand to falter further

CE industry witnessed a significant volume de-growth of ~16% in CY2019.

---

2.Railways to invest over Rs 10 tn in the next 5 years

100 % FDI in railway is a significant policy shift to adopt global best practices.

---

3.Technology has enabled India to grow multi-folds

In next 15 years, India can be a multi-trillion dollars economy

---

4.Construction equipment: 40% increase in sales

Centre to invest Rs 17 trillion for the road sector within five years

---

5.ICRA: Strong demand growth for MCE industry during CY2018

In MCE industry, construction equipment segment has grown at a rapid pace

---