+
How is the demand for crushers likely to move in this election year?
ROADS & HIGHWAYS

How is the demand for crushers likely to move in this election year?

“Demand for crushers is currently high but financial closures have been kept in abeyance pending the elections,” says Onkar Sapre, Country Head, Sales & Marketing, Taurian Engineering.

“We saw 25 per cent growth in demand in 2018-19 and expect the same trend in 2019-20,” predicts V Venkataramana, Vice-President - Marketing, Puzzolana. “Bharatmala Pariyojana road and highways project, dedicated railway corridors, port connectivity projects and other state infra projects are expected to boost demand for crushers.”

“After the elections, we expect construction activity to pick up pace significantly, as all eyes are on India to maintain its status as the world’s fastest growing major economy,” says Piero Guizzetti, CEO, MB Crusher India. “Projects like Bharatmala and Sagarmala, among others, will boost construction activity in coming years.”

“Road projects across the country and mining projects in eastern India are most likely to boost demand for crushers,” says Sapre.

“Road, rail, real estate, mining, power and irrigation projects will be the key drivers,” says Vadiraj Pappu, Business Head, Terex Powerscreen Business, Voltas Mining & Construction Equipment Division. “In the mining sector, new iron ore, bauxite, and coal mining leases to be awarded in Odisha, Karnataka, Chhattisgarh, etc, will spur demand. In roads, the drivers will be large projects such as Bharatmala, Sagarmala and Sumrudhi Yojana.”

To boost the stone crushing segment, R S Raghavan, Managing Director, Proman Infrastructure Services, believes “the Government has to find creative ways to raise funds to push infrastructure projects like roads, airports and ports, to spur demand for associated construction equipment. Setting targets for the mining sector would lay a foundation for real growth and elicit better commitment from both public and private companies.”

- CHARU BAHRI

“Demand for crushers is currently high but financial closures have been kept in abeyance pending the elections,” says Onkar Sapre, Country Head, Sales & Marketing, Taurian Engineering.“We saw 25 per cent growth in demand in 2018-19 and expect the same trend in 2019-20,” predicts V Venkataramana, Vice-President - Marketing, Puzzolana. “Bharatmala Pariyojana road and highways project, dedicated railway corridors, port connectivity projects and other state infra projects are expected to boost demand for crushers.”“After the elections, we expect construction activity to pick up pace significantly, as all eyes are on India to maintain its status as the world’s fastest growing major economy,” says Piero Guizzetti, CEO, MB Crusher India. “Projects like Bharatmala and Sagarmala, among others, will boost construction activity in coming years.”“Road projects across the country and mining projects in eastern India are most likely to boost demand for crushers,” says Sapre.“Road, rail, real estate, mining, power and irrigation projects will be the key drivers,” says Vadiraj Pappu, Business Head, Terex Powerscreen Business, Voltas Mining & Construction Equipment Division. “In the mining sector, new iron ore, bauxite, and coal mining leases to be awarded in Odisha, Karnataka, Chhattisgarh, etc, will spur demand. In roads, the drivers will be large projects such as Bharatmala, Sagarmala and Sumrudhi Yojana.”To boost the stone crushing segment, R S Raghavan, Managing Director, Proman Infrastructure Services, believes “the Government has to find creative ways to raise funds to push infrastructure projects like roads, airports and ports, to spur demand for associated construction equipment. Setting targets for the mining sector would lay a foundation for real growth and elicit better commitment from both public and private companies.”- CHARU BAHRI

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code