There is positive sentiment and business confidence in the new government and its vision ´Make in India´. With the new government focused on improving infrastructure development, we are optimistic that the infrastructure sector will gather pace in the coming years. If the ´Make-in-India´ vision is implemented effectively it will help revive the market and encourage investments in the sector. Coal plays a key role and the availability of this commodity is a key concern. Power supply is critical for Indian economic development. Material handling equipment such as conveyor system and stockyard equipment in power plants and ports support the coal logistics infrastructure. The government allowing 100 per cent FDI in port development is a good sign which shall encourage investment in the sector. We foresee a good growth in the demand of products for port based facilities.
– Sivasubramanian Natarajan, MD, ThyssenKrupp Industries India
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