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Synopsis & toc sectoral capsule of opportunities in construction equipment market in india

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Driven mainly by the Asian markets, the global construction equipment industry has recovered considerably from 2009, to register revenues of USD 87 billion in 2012 as against USD 82 billion in 2011. The global demand for construction began to plummet in 2008 due to a worldwide economic meltdown. Moreover, with sales revenue declining 50 percent in the developed markets due to liquidity crunch and declining demand, the industry has set its sights on the developing countries. It plans to push sales revenue over USD 116 billion by 2017 by meeting the growing infrastructure demands of the developing countries.

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Synopsis & toc sectoral capsule of opportunities in construction equipment market in india

  1. 1. Disclaimer: All information contained in this report has been obtained from sources believed to be accurate by Gyan Research and Analytics (Gyan). While reasonable care has been taken in its preparation, Gyan makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. The information contained herein may be changed without notice. All information should be considered solely as statements of opinion and Gyan will not be liable for any loss incurred by users from any use of the publication or contents. Opportunites in Construction Equipment Market in India
  2. 2. Opportunities in Construction Equipment Market in India 2 | P a g e © Gyan Research and Analytics Pvt. Ltd., 2012 Synopsis Driven mainly by the Asian markets, the global construction equipment industry has recovered considerably from 2009, to register revenues of USD 87 billion in 2012 as against USD 82 billion in 2011. The global demand for construction began to plummet in 2008 due to a worldwide economic meltdown. Moreover, with sales revenue declining 50 percent in the developed markets due to liquidity crunch and declining demand, the industry has set its sights on the developing countries. It plans to push sales revenue over USD 116 billion by 2017 by meeting the growing infrastructure demands of the developing countries. The construction sector in India has witnessed exceptional growth fuelled by development of physical infrastructure in the last decade. The increasing significance of the sector in the country’s economic growth was evidenced during the implementation of the Eleventh Plan (2007-2012). Construction activities in areas such as transportation, irrigation, housing, urban development, and civil aviation received greater importance in terms of outlay as well as implementation. The global economic downtrend in 2009 had a severe impact on the Indian construction equipment industry. However, the market has since shown a steady recovery and current indicators point toward a strong growth outlook for the next five years. Notwithstanding the impact of the global crisis, the Indian economy remained buoyant and recovered strongly in 2010, registering one of the fastest growth rates in the world, second only to China. The demand for construction equipment is associated with investments in infrastructure and construction activities. The share of construction in India’s GDP (as percentage of total GDP) is consistently growing for the past 10 years, during which it rose to 7.3 percent from 5.8 percent. Across the infrastructure spectrum, the investment multiple of the sector is set to grow by 2.5 times on an average. Thus, the environment is ready for a long and sustained growth in the demand for construction equipment. The top four sectors with investments potentials are urban infrastructure, ports, power and roads. According to the World Bank, India is the second largest country in terms of projects relating to Public Private Partnership (PPP). Thus government stimulus in promoting PPP models would further propel the growth of construction equipment market in the country.
  3. 3. Opportunities in Construction Equipment Market in India 3 | P a g e © Gyan Research and Analytics Pvt. Ltd., 2012 Table of Contents 1. Global Overview 2. Indian Overview 2.1 Sales of Construction Equipment in India 3. Opportunities and Current Industry Trends 4. Export & Import of Construction Equipment 5. Foreign Direct Investment (FDI 6. Outlook
  4. 4. Opportunities in Construction Equipment Market in India 4 | P a g e © Gyan Research and Analytics Pvt. Ltd., 2012 GYAN RESEARCH AND ANALYTICS PVT. LTD. Corporate Office: LG 37-38, Ansal Fortune Arcade, Sector-18, Noida- 201 301 Delhi NCR, INDIA Phone: +91-120-4235181 Regd. Office: 298-A, Pocket 2 Mayur Vihar Phase -1 Delhi 110 091, INDIA Central Delivery Centre: BD-9, Sector-1, Salt Lake City Kolkata- 700 064, INDIA Phone: +91-33-40060084 E-mail: reports@gyananalytics.com Website: www.gyananlytics.com

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