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Editor's spacEspacE Editor's EquippEd for thE futurE India Inc, which till the first half of the year lived in the debilitating umbra of the global economic Published by: slowdown, seems to have recovered remarkably Highland Media Publishers Pvt. Ltd. well. What is even more gratifying is that in the Marketing and Sales Office: wake of Narendra Modi’s assumption to the prime 501, 5th Floor, Rudresh Commercial Premises, ministerial hot seat following a hugely popular 19th Road, Chembur (East), Mumbai – 400 071. mandate, the country has won a thumping Tel: 022-25271902/03 international vote of confidence. The evidence of that is not just seen from the recent peregrinations of the prime minister, Editor-in-Chief* but also from the verdict on the Indian economy from the Global Indian. Shrikant Rao: Witness this. Prem Watsa, the Hyderabad born Chairman and CEO of Fairfax Financial Holdings, dubbed as Canada’s own Warren Buffet, Editor: Panjami Anand is betting big on the India Growth Story. Not only is he predicting that the economic growth from now on will cross 10 per cent but he is lining up a staggering $1 billion investment in India. The corpus is General Manager - Sales & Marketing not unsurprisingly for infrastructure development – sectors like grain V Anand: storage – and in various other businesses. Sr. Editorial & Sales Co-ordinator: Asif Padwekar Then we have Anshu Jain, Co-Chairman of Eurozone’s largest lender Deutsche Bank – he is the first non European to head the German financial powerhouse – heavily underlining his optimism Head Circulation & Subscription: Subhash Bhogale for India’s growth prospects. The enthusiasm is particularly directed at the government’s ambitions to build smart cities and to bridge the infrastructure gap with developed countries. The support is not without *Responsible for selection of news and content. the warning of the enormous pitfalls, not to mention requirements of All rights reserved. While all efforts are made to potential investors of a detailed road map of the plan and a proper ensure that the information published is correct. framework for public private partnership projects. COnStruCtiOn OPPOrtunitiES holds no responsibility for any unlikely errors that might occur. It is a known that financial investors are inspired to put their money when FII inflows are at an all time high and contribute to the positive performance of equity markets. But strategic investments on the Printed and Published by Panjami Anand on behalf of other hand tend to be guided by long term conditions like the ease Highland Media Publishers Pvt. Ltd., printed at of doing business. That is one area where India scores low on the PC Print Control Pvt. Ltd. at 3-D, Thacker Industrial international performance index owing to crucial factors like taxation Estate, N.M. Joshi Marg, Lower Parel (E) Mumbai and consistency of policies. Very obviously there is a huge groundswell 400011 and published from 05-02, Mukand Iron of support for the direction India expects to take. But it is high time the Staff Association Co-operative Housing Society Ltd., political minders realised that ground realities need to be altered to Gavanpada, Mulund (East), Mumbai – 400081 suit financial engagement both from domestic and overseas investors. Editor: Panjami Anand Admittedly there are international firms which are ready to take the The information on products and projects on offer financial leap as India embarks on its next phase of growth. Like the UK is being provided for the reference of the readers. based digger manufacturer JC Bamford Excavators – popularly known However, readers are cautioned to make inquiries as JCB – which unmindful of the economic slump recently inaugurated and take decisions on purchase or investment after two factories in Jaipur at an investment of `500 crore. The company has consulting experts on the subject. till date invested over `2,420 crore in India. As JCB Group Chairman Lord Bamford declared at the recent inauguration of the facilities, “We have always been extremely bullish on the long term growth prospects COnStruCtiOn OPPOrtunitiES holds no of India. We even kept investing in the country during the slowdown responsibility for any decision taken by readers on and we will continue to keep investing here.” the basis of information provided herein. It is not just romance but also smart business sense which will dictate registered Office: investor choice. That is also how visitors to bC India 2014 – the world’s 05-02, Mukand Iron Staff Association largest construction equipment trade show – beginning this month in Co-operative Housing Society Ltd., Noida, outside the national capital, will view the fare on display. The Gavanpada, Mulund (East), Mumbai – 400 081. urgency to grab the opportunities available to participate in the India Growth Story cannot be ignored. For digital edition log on to: It will truly be battle out there, as can be seen from this issue’s cover story on the Construction Equipment sector’s Big Daddies. Have a wonderful read! 4 construction opportunities|DECEMBER 2014 Shrikant rao
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