The market for construction and mining equipment is poised for growth, says Devendra Kumar Vyas, CEO - Financial Services, Srei Infrastructure Finance Ltd.
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The need for speed
India is the third largest pre-engineered building (PEB) market in the world after the US and China. With a market size of about half a million metric tonne and a growth rate of 8-10 per cent, according to industry estimates, however, the growth hasn't been a pervasive one.
Birla Shakti Concrete to add new production lines in Maharashtra
Birla Shakti Concrete, Ready Mix Concrete (RMC) is embarking on an expansion drive with new greenfield RMC plants at Chakan & Navi Mumbai in the state of Maharashtra.