1.SOS: Defer BS-IV and bring in Vehicle Scrappage!

The Vehicle Scrappage Policy, if defined well, would reduce CO2 emission by 17%.

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

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

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3.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.

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4.Technology has enabled India to grow multi-folds

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

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5.Construction equipment: 40% increase in sales

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

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

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

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