RCMME
Cover Story
Projections
2017
A look at the year ahead
W
ith the growing investment and the rising opportunities, the rise of Infrastructure sector as one of the key drivers of the Indian economy is undisputed. Accelerated spending in this sector has had a large impact on the overall economic and industrial growth of the country.
which is an inseparable part of the infrastructure sector. The sales in this sector have reached up to a whopping 43 per cent. As per a report by the Indian Construction Equipment Manufacturers Association, the construction equipment sector is expected to see a growth at a CAGR of 20 per cent till 2020.
According to a report by Organisation for Economic Cooperation and Development (OECD), a Paris based organisation, India’s growth rate is expected to hover near 7.5 per cent this year as well as next even as many emerging market economies continue to lose momentum. The report further added, that this ‘solid’ growth led by strong investment is expected to continue, helped by reforms to bolster infrastructure spending and robust demand growth.
Along with the growth in infrastructure, implementation of policies like GST and demonetisation will set the tone for business in the coming days. Here we take you through the opinion of industry experts on how the year will turn out to be for the business world.
The growth in the infrastructure sector has had an impact on the construction equipment sector,
The changed policies brought into action by the government, have started to have an impact on the industries across the sectors. We take a look at how the experts from various sectors look at this year.
CASE India to unveil new rental model We would like to introduce purchase or leased rental model which is very prevalent in the passenger car and commercial vehicles industry. Today most of the big customers are hesitant to block their CAPEX though they have capability to buy, healthy work orders, and large projects in hand. So we hope that we will be able to come out with a model with financers where the CAPEX will neither be on the customers nor on the manufacturer. Abhijit Gupta, Managing Director, CASE India
8
B2B Purchase
January 2017