India Mining (Non-Coal), Construction & Material Handling Equipment Market Evaluated in Discounted Infra Insights Report Published at MarketPublishers10 Nov 2015 • by Natalie Aster
LONDON – The new government at the centre is aimed at propelling economic growth in the country, announcing a range of various programmes and incentives across the energy and infrastructure sector. Public expenditure on infrastructure will be the leading driver of India’s economic growth. According to the 12th plan, India needs investment of around USD 1 trillion in the infrastructure sector, with the considerable private sector participation being requisite. A number of the big-ticket programmes such as '100 Smart Cities', 'Housing for All', '1 billion tonnes of Coal from CIL by 2019', various highways projects and dedicated freight corridors, among others, are all planned to strengthen the overall energy and infrastructure capabilities and capacities across the country. In the offing, the demand for mining, construction and material handling equipment is expected to increase in line with the addition of infrastructure capabilities in India.
Earth moving equipment, concrete equipment, material handling equipment, road building equipment makers have been operating amidst depressed demand over the past 4-5 years, however, the scenario will likely change soon for good. Companies such as Escorts, BEML, L&T, Volvo, Tata Hitachi, Greaves Cotton and other OEMs involved in the construction, mining and material handling equipment sector will benefit the most from the upswing in capital spending in economy.
Discounted report “Demand Outlook on Mining (Non-Coal), Construction & Material Handling Equipment in India by 2020” prepared by Infra Insights provides market size estimates and forecasts of demand across various construction, mining (non-coal) and material handling equipment by end-2020. The study presents sector specific demand for these equipment and will build different scenarios (pessimistic, business as usual and realistic) to arrive at what is the prospective demand outlook for the pertinent equipment by 2020. The study gives insights into the prospects around emerging demand environment. The report provides data on market share, takes a critical look at product portfolio, sheds light on price points, and offers a discussion of the commercial strategy.
Demand Outlook on Mining (Non-Coal), Construction & Material Handling Equipment in India by 2020
Published: October, 2015
Price: US$ 5,586.00
More discounted and new reports by the publisher can be found at Infra Insights page.