Equipment
British brand JCB is increasing becoming synonymous with earth-moving machines in India, thanks largely to the omnipresent use of JCB earth-moving equipment – be it backhoe loaders or pick-and-carry cranes – in the country’s construction sector. With 75 percent of construction equipment sold in India being a JCB-branded machine, it is quite apparent that JCB [...] Continue Reading »
The Government’s plans of boosting manufacturing have been hit because the land prices have increased. Acquiring land for a factory or warehouse is turning out to be a real challenge for the Indian manufacturers. The capital required to buy large tracts of land is shooting up and this has posed a major problem for the [...] Continue Reading »
The Finance Industry Development Council (FIDC) has suggested a few things to provide a thrust to the ailing infrastructure industry. Equipment used in building of roads, ports, airports and other infrastructure should be treated as “infrastructure” for the purpose of lending by banks. Bringing “equipment” within the scope of the list of “infrastructure” sectors for [...] Continue Reading »
In the capital of Gujarat, over 60 vendors associated with the Ahmedabad metro project are sitting on a ‘dharna’ in Gandhinagar for protesting against non-payment of dues of about Rs 70 crore.These vendors state that their dues are pending since last six months. Jatin Bhayani, chairman of MEGA Vendor Welfare Association which was formed recently [...] Continue Reading »
