Page 4 - Construction_Opportunities_January_2025
P. 4
Editor's Space ®
2025 – The Year of Optimism Beckons…
Starting the New Year 2025 with good news… The Indian Published by:
Construction Equipment (CE) industry has recorded its highest- Highland Media Publishers Pvt. Ltd.
Registered Office:
ever year-on-year growth from April to October 2024, propelled 609, 6 Floor, Swastik Chambers, Sion-Trombay
th
Road, Chembur (East), Mumbai – 400 071.
by increased government infrastructure spending and a sharp Tel: 022-25271902
rise in exports.
Editor: Shrirang Krishnan
editor@constructionopportunities.in
According to the Indian Construction Equipment Manufacturers’
Assistant Editor: Prerna Sharma
Association (ICEMA), the industry registered cumulative sales of edit@constructionopportunities.in
73,845 units in this period, compared to 71,235 units in 2023 and
Chief Executive Officer: V Anand
55,832 units in 2022—a remarkable 32% jump from 2022 levels. anand@constructionopportunities.in
Exports also surged, rising from 4,139 units in H1 2022 to 7,348 Creative Designer & Coordinator:
units in H1 2024. Asif Padwekar
coordinator@constructionopportunities.in
What was being seen as a lull since quite sometime has proved For Subscription:
support@constructionopportunities.in
to be a pleasant surprise and brought cheer for the entire
industry stakeholders. Domestic demand has been buoyed Press Releases:
coordinator@constructionopportunities.in
by increased government infrastructure spending, which has
seen year-on-year growth. Exports remain a standout, driven by All rights reserved. While all efforts are made to
India’s compliance with global safety and emission standards. ensure that the information published is correct.
Construction Opportunities holds no responsibility
With Stage V emission norms set to take effect in January 2025, for any unlikely errors that might occur.
manufacturers are already aligning, further strengthening India’s Printed and Published by Shrirang Krishnan on
global competitiveness. Exports, which were under $500 million behalf of Highland Media Publishers Pvt. Ltd.,
printed at Indigo Printers, BRM-10, Devidayal
five years ago, are expected to touch nearly $1 billion this year, Compound, Near Britania Company, Reay Road
(East), Mumbai – 400 010 and published from
according to ICEMA.
609, 6th Floor, Swastik Chambers, Sion-Trombay
Road, Chembur (East), Mumbai – 400 071.
The recently concluded bauma CONEXPO INDIA 2024 has Editor: Shrirang Krishnan
already proven to be a great mood setter for the industry The information on products and projects on
wherein the industry players showcased new age advanced offer is being provided for the reference of the
readers. However, readers are cautioned to
mean machines that are also serving the dual purpose of being make inquiries and take decisions on purchase
or investment after consulting experts on the
eco-friendly. With many interesting events lined up at the start of subject. CONSTRUCTION OPPORTUNITIES holds no
the year 2025 such as Bharat Mobility Global Expo, the stage is responsibility for any decision taken by readers on
the basis of information provided herein.
set for the CE fraternity to keep driving the wheels of growth in
full throttle. FOR DIGITAL EDITION LOG ON TO:
www.constructionopportunities.in
Assistant Editor
4 CONSTRUCTION OPPORTUNITIES|JANUARY 2025
