Why Fuel-Efficient Construction Equipment Useful for Your Business

Why Fuel-Efficient Construction Equipment Useful for Your BusinessPeople associated with the construction industry are aware that this industry requires huge sums of money for smooth running the business. From small developers to big infrastructure companies often look for the way to reduce the cost of the business and make more profit.

Heavy construction equipment adds a huge amount of cost and even after purchasing these machines, developers’ need a lot of money for making it run. After buying construction machines, two major costs involve with it, one is fuel cost and another is maintenance cost.

To save the huge cost of fuelling, the end-user customers started realising the need of advanced technology to save fuel cost, which made the way for construction equipment manufactures to think beyond the traditional ways of making the machines.

There are two reasons for looking for fuel efficient machines, one is to save fuel cost another is environment, these two leads to the widely discussed subject across the world.

Therefore, all the fuel efficient machines help the owner to save money which goes into fuel expenses. Before 2015, when oil price was touching the sky, at that time running the CE would have cost more than now, so it is always better having the fuel-efficient machines in longer run.

Due to need and more demand from end-users of fuel-efficient equipment, construction equipment manufactures started realising its demand and started working on technology which consumes less fuel, give higher productivity and profitability.

So, many companies have come with different innovative solutions to meet the customers’ expectations.

Country’s leading CE Company, JCB has developed fuel efficient ecoMAX engine, which results in saving substantial amount of fuel. It’s also designed to adopt Indian conditions and emission norms of Indian government. Now JCB uses highly efficient JCB ecoMax T4i engine that is being used in most of the JCB machines.

JS120 excavator of JCB is claimed to be one of the most fuel-efficient product, it is powered by a 4 cylinder JCB ecoMax engine.

Volvo EC160E is the newest E-series crawler excavator; it featured with Tier 4 final D4 engine which is very fuel-efficient compared to its earlier model. It’s two other EC380D and EC480D excavators are also fuel-efficient. CAT claims its 320D/D L series 2 hydraulic excavators is 15% more fuel efficient.

Sweden based Construction equipment company Huddig has developed a technology called ‘Tigon Technology’, the technology gives Huddig’s Backhoe Loader higher efficiency, improved performance and lower fuel consumption.

Hybrid hydraulic excavator series of Hitachi ZH200-5B gives superb fuel efficiency with better working performance as compared to its standard model ZX200-5B.

Various leading CE companies are making fuel-efficient products to save the cost of running a construction business.

The above examples show, how CE companies started meeting the consumer demand and regularly coming up with new technologies.

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Before Buying Greaves’s Concrete Pump, You Should Know its Various Models

EquipmentPosting_8904_1459161665327In the field of engineering concrete pump is considered as a one of the crucial machine, this equipment make use of transferring liquid concrete through pumping for better quality of roofing and concreting any structure.

Engineers use concrete pumps because it is very reliable and efficient means of placing concrete for concreting and also considered as economical due to speed and ease during pumping concrete. At certain location at a construction site, pump is only means of placing concrete, like in construction of high rise building, where concrete truck unable to reach.

Generally, these concrete pumps are available in these four categories, Mobile Pump, Stationary Pump, Truck Mounted Static Pump, and Truck Mixer Concrete Pump.

In Indian market, Greaves Infra is one of the major players in concrete pumps business. The company offers the full range of concrete products with latest technology to benefit the construction industry. Its four models GCP 350 D, GCP 350 E, GCP 450 DSV and GCP 3709 Z concrete pumps featured with unique quality and having different functions depending on the project size which attract the customers, available in both Diesel and electrical versions.

GCP 3709 Z model of Greaves Boom Pump reaches a maximum height of 37 meters and gives an output of 90 Cbm/hr. Its 4 arm Z fold type boom offers increased flexibility and maneuverability in areas where space is a constraint. Best suited for mega p rojects such as airports, metro projects, mono-rails, flyovers and high rise infrastructural and residential projects; Greaves GCP3709Z provides superior productivity and pumping efficiency thereby ensuring faster completion of projects, reduced down-time and higher output.

Company’s three high capacity stationary concrete pumps GCP 5500, GCP 6500 and GCP 8500 are developed with globally accepted S. Valve technology with the aim of heavy duty construction activities in high rise commercial and residential buildings and infrastructure worksites such as tunnels, dams, Bridges, Irrigation etc.

All three models of the stationary Concrete pumps are powered by fuel efficient and emission compliant engines and integrated with contemporary hydraulic systems and components that are designed to deliver concrete perform under challenging pumping condition. Greaves Concrete pumps ensure lowest cost per cubic meter of concrete pumped. A fully electrical control panel with remote as a standard feature can operate both on the piston and the rod side. This result in a maximum concrete output of 50-80 cubic metres per hour, varying from model to model, claims the company.

The hard chrome platted concrete cylinder in the pumps offer extended service life against wear and corrosion. The replaceable hard rams are designed to withstand high pressure and are high wear resistant. The internals are well designed so as to allow for minimum wear and tear, thereby minimising replacement and maintenance costs.

Here’s Why JCB Backhoe Loader is a Leader in Earthmoving Equipment Segment

JCB-Backhoe-Loader-3DX-EOS1Backhoe loader, the one of the crucial heavy engineering machine and versatile Earthmoving equipment across the construction sites and is the most usable machine at mining sites.

This multipurpose machine usually used both as an excavator and as a loader, equipped with different tools depending on the model of the machine, which gives edge to Backhoe loader over other Earthmoving equipment and makes it popular in the construction field.

The Backhoe loader is also known as digger and backhoe, but generally referred as JCB in India, Britain and other countries as it was first manufactured by JCB and due to leadership in Backhoe loader market, people call this machine as simply JCB.

JCB makes Backhoe loader in different sizes which equipped with different technologies, the most advanced Backhoe loader is often comes with better technology compared to its previous model to perform better task than previous one. JCB often does innovation with its products which help the machine to enhance its productivity to carry out better output in construction and mining sites. This innovation makes the business profitable and hassle free work at sites for its operator, it helps JCB Backhoe loader to lead the world in performance and become the reliable brand over the period of time.

The 2DX Backhoe Loader of JCB is a versatile machine and it fills the gap of inaccessible areas of its previously Backhoes, with its compact size. It’s useful for fine ground clearance for flexible performance. Its 49.5hp engine best suited to this size of backhoes, its Kirloskar engine gives superb fuel economy and gives plenty of power. The 0.55 cum G.P shovel with high breakout forces give amazing loader productivity to 2DX Backhoe Loader of JCB.

JCB Ecoxcellence comes in four models like 3DX ecoXcellence, 3DX Xtra ecoXcellence, 3DX Super ecoXcellence and 4DX ecoXcellence Backhoes, these heavyweights’ models are setting new standards in operator comfort, fuel efficiency & performance with advanced Livelink Telematics technology, claims the company.

Best-in-class hydraulic forces and durable transmission makes 3DX Super ecoXcellence Backhoe loader master of all jobs. It is one of the versatile construction equipment one can own, combines both loading shovels and excavators, and is the key benefits of it. JCB has designed it to drive across the sites and drive between the sites with high road speed of 36kph. Company has fitted steel fenders, bonnet and nose to protect the 3DX Super from any damage. To protect the hard material like rock, the excavator end is made of very hard steel, replaceable wear plate on bucket and dipper are there.

This model of JCB is equipped with 92hp engine, turbo Charged, water cooled JCB engine ecoMAX help in performing in hot and dusty working conditions. 6-in-I front shovel with high breakout forces provide great loader productivity of the machine.

4DX ecoXcellence Backhoe loader is one the most modern Backhoes available in the market; it has a system of idle time monitoring, fuel level information, engine status and also having a GPS tracking system. The functionality of its engine is similar to 3DX Super. It has 17 ft. excavator, massive tear out-forces and bigger bucket size enhance overall productivity of the equipment.

JCB has over 600 dealers across the country, if anyone is planning to buy the new Backhoe loader, one can contact these dealers, however, if you have a shortage of funds, but still want to own only JCB Backhoe loader, one can go for second-hand JCB Backhoes, for that you can log in to reliable platform http://www.equipmentonestop.com for various ranges of Backhoe loaders along with other CE products for better valuation.

CIDCO Awards Projects Worth Rs 1098 Cr for Navi Mumbai Airport

airline-flight-airport-625-300_625x300_51465919612Finally, Rs 16000 crore Navi Mumbai International Airport (NMIA) project is set to take off after the monsoon as the nodal agency City and Industrial Development Corporation (Cidco) started awarding the projects for developing airport land before final construction of airport beings.

Cidco has awarded projects worth Rs 1,097 crore to two companies Supreme Infrastructure and Gayatri Projects for developing the land for the project.

Supreme Infrastructure has informed BSE in a regulatory filing on Monday that the company has won two land development projects for Navi Mumbai International Airport worth Rs. 397.68 crore.

Company has been declared L1 in the two EPC (engineering, construction and procurement) projects of CIDCO worth Rs. 397.68 crore, Package-I and Package-II both involve land development projects of the airport for Rs 203.53 crore and Rs 194.15 crore respectively, said the Supreme Infrastructure.

Another company Gayatri Projects also announced that it has bagged package-III of the land development for Navi Mumbai airport for Rs 700 crore.

“Company has made inroads into the construction of airports by bagging a Rs.700 Crore contract as part of the larger Navi Mumbai International Airport from City and Industrial Development Corporation of Maharashtra (CIDCO),” informed Gayatri Projects to BSE on Monday.

Cidco’s joint MD V Radha had said in May this year that Cidco would award contracts for work such as levelling of marshy land, cutting of hills, shifting of power lines and diversion of a river, which need to be completed prior to the development work kick-off, which would start after the monsoon. These companies who have awarded land development projects by Cidco is expected to start their work by September.

Cidco has been trying to complete all the major work before appointing airport developers and is in advance stage of tendering process and developer would likely to be appointed by February 2017. As per the latest schedule, first flight would take off from Navi Mumbai international airport by 2019, said V Radha.

This Rs 16000 crore airport will span in the area of 2,867 acres with two runways and a terminal building in 5,23,000 Sq.mt.

The project is being developed on PPP (public-private partnership) basis and Cidco had invited tenders for requests for qualification (RFQ) and had received 9 bids for the same and currently three companies are in the fray for the project are GMR Infrastructure, Mia Infrastructure and MUMBAI International Airport (MIAL)-GVK’s subsidiary. The request for proposals (RFPs) had already sent to these three selected bidders in April and they are expected to respond by September.

During the process of land development for Navi Mumbai airport project, developers will require various types of heavy construction equipment like excavator, roller, backhoe loader, tippers, compactor and other CE which is to be used for land development and other construction work before final airport work start and even during the construction of Navi Mumbai International Airport, huge number of construction equipment will be required by a developer who would win the final bid.

Along with Navi Mumbai airport, government has approved to set up 14 Greenfield airports across the country, it indicates such infrastructure projects will drive the CE market in the country.

Source: Information has been obtained from Supreme Infrastructure, Gayatri Projects, BSE, HT and ET

10 Cities to be Developed on Lines of Smart Cities in Maharashtra, CE Demand May Climb

smart-citiesTo improve the urban infrastructure, Maharashtra government has decided to develop 10 cities of the state on the lines of Smart Cities Mission, including Pune and Solapur, which have already selected in the first list of 20 smart cities by the centre.

Last week, Maharashtra Chief Minister Mr. Devendra Fadnavis announced that 10 cities in the state would be developed on the line of Smart City programme, he said while inaugurating Smart City Summit at Kalyan in Thane district. He also assures that these cities would be provided necessary funds.

These 10 cities of Maharashtra have been selected by centre under 100 Smart Cities Mission are; Mumbai, Thane, Navi Mumbai, Aurangabad, Nashik, Nagpur, Amravati, Kalyan-Dombivali, only Pune and Solapur have featured in the first list of 20 smart cities, which will receive funding of Rs 500 crore from central government.

As per the report of The Hindu, it was decided in the meeting in Delhi that state (Maharashtra) government would be responsible for raising funds for projects of other eight cities.

According to another report of TNN, state government has also sanctioned Rs 100 crore each for these eight cities. Maharashtra’s urban development department said in a notification that Rs 50 crore will be released to all municipal corporations in current financial year, after the formation and brining of the SPV into functioning.

Government has approved a special purpose vehicle (SPV) and appointed official as a chairman of SPVs for each city. While state has also appointed agency to fund to municipal corporations of these eight cities to execute works under smart city project.

These eight cities will submit their development plan under the scheme of Smart Cities Mission once again to contest second round to get centre’s funding and special assistance from union government, for which municipal corporation chief will submit their plans to centre before June 30.

The infrastructural development in these 10 cities of Maharashtra will raise the demand of huge amount of construction equipment in the state, as we know where there is infra development, there is demand of various types of construction equipment such as excavators, backhoe loader, tippers, cranes, Batching plant, roller, Dumpers, , Redi-mix trucks, Concrete Plants, Forklift Trucks, Compactor, Scrapers and others various CE for different functions will be required at the time of constructing these projects.

Such requirement will raise the demand of both second-hand and new CE products, if any contractor planning for new CE they may contact to registered dealers of all well-known manufacturers, but thinking to use used CE, one can directly contact reliable online marketplace like www.equipmentonestop.com for all the good condition CE products and for better valuation of any asset.

To kick-start the Smart City projects, Prime Minister Mr. Narendra Modi is expected to inaugurate Smart City projects from Pune later this month on June 25, simultaneously work would start in other 20 cities across the country.

Source: Information has been obtained from TNN, The Hindu, PTI and other media reports

Tamil Nadu Tops in Renewable Energy Capacity Addition: Study

Tamil Nadu Tops in Renewable Energy Capacity Addition StudyThe Southern state of the country, Tamil Nadu has topped the list in adding record capacity of Renewable Energy (RE) in the state, which is projected to reach even 72 percent of its peak demand by 2022, said a joint study of ASSOCHAM-Ernst & Young earlier this month.

At present, the state has an installed capacity of over 8300 MW of non-conventional energy which is about 40 percent of the total capacity installed, including the conventional sources of thermal and hydro.  However, the problem remains about a huge gap between the installed renewable energy capacity and its actual generation. Against the 40 percent ratio of the installed capacity, the renewable energy sources supply just about 14 percent of the state’s peak demand, thanks to inadequate infrastructure to evacuate the power to the grid and the natural limitations.

The ASSOCHAM-EY study pointed out that against peak electricity demand of 29,975 MW, the projected installed capacity of the RE resources would be 21,508 MW.

“Let us give credit to the state for a laudable work done in the area of non-conventional energy. The other progressive states in the area of RE are Gujarat and Rajasthan. But the interest is still limited to a few states. If only rest of the states follow and exploit the abundant natural resources of wind, energy and bio-mass, India can be on top of the world league for green economy,”  said  Mr D S Rawat, ASSOCHAM Secretary General.

Gauging the conventional capacity addition growth between 2014 and 2022, it is clearly seen that Tamil Nadu is adding capacity beyond its demand.  “This beckons for a robust market mechanism to accommodate renewable energy power within the state and also explore market mechanisms to trade its power to the renewable energy deficit states,” the study suggested.

Moreover, an aggressive increase in the state renewable energy capacity clearly explains that the state should sufficiently use conventional capacity indigenously or through bilateral trade agreements for balancing the variable renewable energy.

Even in rest of the country, the distribution of renewable energy is concentrated in a few regions of the country and this poses as a hurdle and at the same time opportunity. “While power needs to travel from one region to another, geographical distribution of renewable energy in combination with the large Indian power grid offers the potential to smoothen RE fluctuations,” said the study.

As per the estimate of the Central Electricity Authority (CEA), renewable energy power projects have received the investment of Rs. 86,000 crore during last three years, said Union Power Minister Mr. Piyush Goyal last month. In the last three years, around 15,400 million units have been generated through solar energy.

Recently PTI quoted the statement of S&P Global Ratings saying, “We believe the renewable energy business is a high-growth area in India, given the government’s focus on increasing capacities for renewable energy and priority dispatch.”

Source: Information has been obtained from ASSOCHAM-Ernst & Young study, PTI, S&P Global Ratings

Construction And Mining Sector to Drive The AMW Tipper

Tipper is one of the crucial heavy vehicles which drive the construction and mining industry. Tipper is a dump truck used to haul sand, gravel, rock, and asphalt, mostly used for these two sectors, including dumping garbage.

The sale of tippers directly proportional to infrastructure and mEquipment-One-Stop-AMW-Tipperining sectors, the more infra and mining activities takes places the demand of tipper will go up automatically.

The sale of tippers has reduced in the last few years as both infrastructure and mining activities contracted in the country due to economic slowdown and other various reasons. But after the government ambitious aim to revive country’s infrastructure sector and roll back to the mining activities, bring the good news for M&HCV players who are manufacturing tipper trucks.

Mining sector rolled back after contraction of many years, recently government allocated 47 mines bearing mineral like iron ore, gold, limestone and bauxite for auction. As per the official data, in first 11 months of FY2015-16, mining industry witnessed the growth of 8.2 percent; the growth has been seen after the contraction of four consecutive years.

To meet the target of doubling the coal production to 1.5 billion tonnes by 2020, the government has decided to open the coal sector for commercial mining to private sectors after 40 years.

On infrastructure front, Recently Road Transport & Highways Minister Mr. Nitin Gadkari said, government aims to invest Rs 25 lakh crore in roads, railway and shipping infrastructure in next three years and announcement of record budgetary allocation of Rs 2.21 lakh crore for infra sector by Finance Minister Mr. Arun Jaitley during his budget speech, indicates huge construction activities is going to take places across the country, which require huge amount of various types of construction equipment along with Tipper.

Therefore Tipper market has been recovering as government has accelerated the speed of road and highways construction activities in last two years.

As mining activities have started rolling back, road and highways co
nstruction have taken pace and there is an inflow of huge investment in infra sector; this would lift tipper demand in the country, in which AMW Tipper is expected to get a better share along with other major players.

AMW manufacture varieties of tippers for a specialised purpose for both

Construction and mining sector, such as; Model -2518TP (Makes quarrying and construction work easier to handle), 1618TP (Ideal Tipper Hilly terrain), 2523TP Box Body suited for all off-road load challenges), 2523TP Rock Body (suited for all mining applications), 3118 TP (perfect tipper for all hauling operations) and others, claims the company.

AMW tippers are suited for the rough and tumble of mining & quarrying operations, as well as for carrying bulk loads in construction and infrastructure industries. The trucks are fitted with Euro III engines that deliver 180/235-280 HP and 1100 maximum torque. Heavy duty double acting shock absorbers and integral power steering with double UJ ensure a smooth and stable ride.

AMW Tipper model-2518, it is a large fleet of truck and it makes work easier at both mining and construction sites. In this segment, it is available in rock
body cab and cowl to provide better flexibility. As far as specification of this model is concerned, it is fitted with a 5.9 litre 6-cylinder diesel engine. It has an engine capacity of 5,883 cc and top speed is 78km/h. It has fully synchronized gearbox allows comfortable and distinct gearshifts without vibration or noise, enhancing performance and fuel efficiency. The 380mm diameter, power-assisted clutch ensures effortless gear shifting, longer life and reduced slippage. To make the driver feel comfortable and tireless work at construction site, company fitted AC in its cabin with large comfortable bed and interior designed noise-free for better driving experience.

 

Renewable Energy Outlook for FY17 is Stable, Huge Investment Expected

India has huge supply-demand imbalance in the energy sector and the demand of energy are rising rapidly across the country due to economic growth, rising urbanisation and rise in per capita consumption. To meet the energy requirement, government has been working on renewable energy and inviting foreign investment to meet its target of 175 GW by 2022.

Due to shortage of power supply in the country, huge quantities of diesel and furnace oil have been used by various sectors like commercial, industrial, residential and institutional, even today over 40 percent of the country’s population is denied energy access.

To become energy independent, the government of India has been working to meet the rising demand of energy, especially the renewable energy. Ministry of New and Renewable Energy has set the target of 175 GW renewable energy capacities by the end of 2022 to supply electricity to every household in the country. This includes 100 GW from solar, 60 GW from wind power, 10 GW from biomass power and 5 GW from small hydro power.

As of November 2015, the total installed capacity of renewable energy was 37.4 GW, which is 8 percent of total energy consumption of the country.

The government has eyed an investment of USD 200 billion in renewable energy to clean climate.

In the first quarter of 2016 (January-March), investment in clean energy has jumped 6 percent to USD 1.9 billion as compared to during the same quarter last year, as per the report of Bloomberg New Energy Finance. However, global clean energy investment in the same quarter has declined by 22 percent to 53.1 billion as compared to the previous quarter of Q4 2015.

Various international and domestic companies have committed to invest USD 310-350 billion over the next 5 to 10 years in wind, solar, biomass, mini-hydel based power in India. The sector has attracted USD 9.97 billion foreign direct investment (FDI) between April 2000 and September 2015.

Recently Denmark based LM Wind Power has invested around Rs 200 crore (25 million euros) in its Gujarat facility.

India Ratings & Research (Ind-Ra) finds renewable energy sector stable in its ‘FY17 Credit Outlook’ report.

“The outlook for existing renewable projects remains Stable based on the fixed-price, long-term revenue contracts that typically underpin cash flows. Capital costs for solar technology continue to fall and improve competitiveness, despite diminishing tax advantages and rupee depreciation,” said the report.

Ind-Ra has maintained a stable outlook on the wind power sector for FY17, given the continued impetus and stable policy regime for the sector. Government’s recent announcements for the sectors such as no transmission charges, and applicability of generation-based incentive (GBI) for FY17 bode well for the sector.

The report has also maintained a stable outlook for solar energy sector for FY2016-17. Ongoing emphasis and policy actions towards the achievement of 100GW target by FY22 could drive capacity additions in the coming year.

Government has permitted foreign direct investment (FDI) up to 100 percent under the automatic route for renewable energy generation and distribution projects to bring foreign investment in the sector. Government has taken various other initiatives to promote the sector and meet its target of 175 GW by 2022.

Prices for solar modules have declined almost 80 percent and turbine prices have declined 25 percent since 2008 which will promote further investment in the sector.

Government expect country’s annual solar installations to grow forth-fold by 2017, it expects 10.86 GW of utility-scale solar and grid connected rooftop solar capacity will be added in 2016-17.

The sector will require huge amount of various types of heavy construction equipment to install renewable energy projects in the country.

Source: Information has been obtained from MNRE, Bloomberg New Energy Finance, IBEF, Makeinindia.com, and PTI.

Cash Flow for Construction Sector to Pick up in 2016-17 Report

The cash flow for construction companies expected to improve in FY 2016-17 as most of the orders procured during the last two years are likely to be executed this financial year, says Credit Outlook report of India-Ratings (Ind-Ra).

The report says, construction companies continued to witness negative cash flows from operations (CFO) in FY16, which is likely to improve gradually to near zero levels in FY17. The competitive intensity had reduced for new orders over the last two years and hence margins on such orders are expected to be higher.

Rating agency has maintained a stable outlook on the construction sector for FY17 as the sector is likely to see a further improvement in order execution and EBITDA margins. It expects an improvement in order inflows backed by increased public investments. All these factors will benefit those companies which have sufficient liquidity to execute projects, while those with weak liquidity will see limited traction.

Difficult borrowing conditions due to weak balance sheets are also affecting liquidity. Companies with strong liquidity however will continue to have a significant advantage over their peers, the rating agency says.

Execution will continue to improve in FY17 for companies with strong liquidity, due to the government’s focus on removing bottlenecks to execution in the infrastructure sector. This will result in better EBITDA margins due to better absorption of overheads.

“Credit metrics of construction companies are likely to improve in FY17, as these companies will benefit from higher revenue and profitability. Individual companies may also benefit from asset sales. Improving liquidity is likely to be the most important challenge for construction companies through FY17,” says the report.

The government has also laid out ambitious targets for spending on other infrastructure sectors and irrigation, drinking water supply, housing and power supply, which would entail significant opportunities for the sector.

Order inflow in the construction sector is likely to grow, as the government has increased outlay for highways and railways in the Union Budget 2016-17. The government increased allocation for highways by 28% and has targeted to award 10,000 km of highways in FY17.

The construction sector’s receivable days have widened by 33% to 141 days and inventory holding period has risen by close to 9% to 124 days in the last five years, says Ind-Ra.

As far as funding of infra projects are concerned, the agency says significant growth in the sector would depend on government funding as many banks have reached their internal funding limits for the sector, hence it is upon the government to explore new funding sources and structures. As the government adopted the structure to fund infrastructure projects through bilateral funding from foreign countries, like the Western Dedicated Freight Corridor is being set up using funding from Japan.

The report says, Corporate India’s performance in this fiscal will be influenced by strong GDP growth, significantly lower commodity prices and the opportunities thrown up by the government’s large number of plans to create public infrastructure.

Ind-Ra has forecasted the country’s growth at 7.9 percent in FY17 assuming an improvement in private consumer expenditure by 8.4% and gross fixed capital formation at 8.3%.

The better cash flow in construction sector will raise demand for heavy construction equipment in the country as more infrastructure projects are in the list to be implemented in years to come.

Source: Information has been obtained from report of India Ratings & Research