Economic slowdown, delayed construction projects, muted construction activity, reduction in funds from both the centre and state have impacted the construction equipment (CE) industry poorly.
In the recent years, the construction equipment (CE) industry in India faced numerous headwinds.
Investment in capital assets is crucial to make scalable strides in the construction industry.
A country is as good as its infrastructure. The Government is acutely aware of this and is continuously working towards upgrading India’s infrastructure.