Construction equipment sales set for double digit growth

“Last fiscal, the industry output declined by about 8% due to a fall in demand for road construction and earth-moving equipment,” said Deepak Shetty, managing director at market leader JCB India, while adding that the government’s focus on infrastructure investment to increase economic activity would, in turn, also help boost demand for them. But a steep rise in input costs and constraints in the supply chain are concerns, he said.

from Economy-News-Economic Times https://ift.tt/S8Gkg2i
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