Expect 40 per cent increase in sales: Nitin Gadkari to the construction equipment industry

01 Jan 2020 CW Team

Delivering his inaugural address at CII’s 10th edition of EXCON 2019, one of South Asia’s leading construction equipment trade fair, Nitin Gadkari, Minister for Road Transport & Highways, and Micro, Small and Medium Enterprises, Government of India has said that the Prime Minister’s vision is to make India a $5 trillion economy. To achieve this goal, the government is embarking on major infrastructure and industrial projects worth Rs 100 trillion.

He emphasised that the construction equipment industry could hope to expect a 40 per cent increase in sales in the near future, as the government is pumping huge amounts of investment in road and other infrastructure projects such as the development of waterways, airports, ports, and smart cities. “But the private sector should focus on bringing down the cost of construction and pollution,” he urged.

The minister further advised the private players in the construction industry to focus on mechanisation, adoption of advanced technologies and global best practices, usage of LNG and bio-fuels, and innovations in using waste materials as raw materials for their construction projects in order to reduce the cost of construction and pollution. He also directed attention towards the Centre’s efforts to boost the roads segment.

“For the road sector alone, the Centre is investing Rs 2 trillion this year. The amount of investment for the next year will increase to Rs 3 trillion,” he said, adding that within the next five years, the total government spend on the road infrastructure will be about Rs 17 trillion.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..