India s construction equipment industry saw a 26% increase in sales to 1,35,650 units in the 2023-24 fiscal, thanks to the government s infrastructure-led growth agenda. The Indian Construction Equipment Manufacturers Association (ICEMA) reported that the industry sold 1,07,779 units in the previous fiscal year. The government s infra-led growth agenda and pre-election impetus on projects in the pipeline triggered positive growth in all five major construction equipment segments.
A 33-member future skills delegation, comprising experts across digital technologies, energy & infrastructure sectors, is set to embark on a journey to India | Latest News India
Speaking at the CII Eastern Region annual regional meeting in Calcutta, Dinesh, who is also the vice-chairman of TVS Supply Chain Solutions, said: 'If the east is going to be able to grow, if it is going to successfully scale up, it is going to be because of the ability of MSMEs to be future ready'
The high-level panel chaired by former President Ram Nath Kovind on Friday held its fifth meeting, where CII representatives gave a presentation, the Law Ministry said in a statement.
Interim Budget: The Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci) on Wednesday asked the government to support growth by bumping up capex, continuing the Production Linked Incentive (PLI) schemes and extending the benefits of concessional tax regime beyond March 31, the industry bodies said in separate news releases.