Indian Road Construction Machinery Industry Gaining Momentum
Indian construction machinery and development industry is projected to grow by 20
per annum for the next 15 years, thanks to the globalization and significant infrastructure developement all across the world. India, today can boast of crossing the largest road network of 3 million kilometers across the country. The country has also witnessed automobile revolution which has contributed to the growth of this sector. As per a recent study, India today has a vehicle fleet of over 48.4 million and the number seems to simply growing.
The rising infrastructure and vehicles has pushed further the road construction projects in the country, including the national highway development programs and even
construction of quality roads and highways interlinking major cities. All these big opportunities and growth, has only paved way for various construction industries to build infrastructures like roads, highways, ports, bridges and important construction works. Actually, all this has helped the construction industry grow about 20 percent per annum for the next 15 years.
The industries connected with road and highway construction projects are projected to be worth $40bn for the next 15 years with estimated growth of 20 percent in road construction machineries industry. With significant growth and empowerment the construction machineries industry total demand is expected to cross $10 bn till 2020.
With such rise in demand there has been a growing market for construction machineries related to roads, buildings and infrastructures. Today, construction machineries like Concrete Mixer Machine, Mobile Batching Plant, Road Divider, Mini Mobile Batching Plant, Reversible Mobile Batching Unit, Hoist, Way-Batcher, Curb Cutter, etc are in great demand.
In fact the rise in demand is not just in India, but even in the outside countries there is a huge demand for best quality construction machineries.
Indian construction Industry has huge market in the foreign shores given the quality and high standards it adheres to.
Demand for
Indian road construction machinery in the international markets
China, Pakistan, United Kingdom, Hong Kong, United Arab Emirates, United States, Nigeria, Russian Federation, Iran, Poland, Vietnam, Germany, Ireland
Prominent Destinations to source road construction machinery from India
Ahmedabad, Mumbai, New Delhi, Bangalore, Rajkot, Delhi, Pune, Coimbatore, Kolkata, Chennai, Hyderabad, Mehsana, Vadodara , Faridabad, Thane, Ghaziabad, Ludhiana, Howrah, Mahesana, Nashik, Noida, Gurgaon, Indore, Jaipur, Bhuj, Ankleshwar, Jalandhar, Navi Mumbai, Yamunanagar, Belgaum, Gandhidham, Mohali, Muzaffarnagar, Salem, Secunderabad, Tuticorin, Visakhapatnam
Made-from-india.com is a leading
B2B portal from India offering comprehensive information on top suppliers, manufacturers and exporters dealing in quality construction machineries.
URL :
http://www.made-from-india.com/article/Indian-Road-Construction-Machinery-Industry-Gaining-Momentum-426.html
by: Aniket Dicosta
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