How do you view the current market scenario of the Indian construction equipment industry?
The Indian construction equipment (CE) industry is currently experiencing a robust phase, fueled by strong infrastructure spending and ambitious development goals. India's infrastructure projects are scaling up quickly, thanks to initiatives like the National Infrastructure Pipeline (NIP) and Gati Shakti. These initiatives not only address urban needs but also spur development in rural regions, boosting demand across the CE sector. At ACE, we've witnessed this momentum firsthand and are aligning our offerings to meet the evolving demands, especially with the need for energy-efficient and technologically advanced equipment. The current scenario presents a prime opportunity for Indian CE manufacturers to innovate and contribute more strategically to the nation's infrastructure goals.
How far does expanding infrastructure investment push the consistent use of equipment in infrastructure projects?
This story is from the December 28, 2024 edition of The Free Press Journal.
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This story is from the December 28, 2024 edition of The Free Press Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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