With the rapid urbanisation of the country, building and construction activities have received a tremendous boost in recent years. This has, in turn, led to increased demand for civil engineering equipment within the country. For instance, tunnel boring machines are an example of machinery used in c... View more
With the rapid urbanisation of the country, building and construction activities have received a tremendous boost in recent years. This has, in turn, led to increased demand for civil engineering equipment within the country. For instance, tunnel boring machines are an example of machinery used in construction-related activities. However, of late, the increase in raw materials costs has hampered the prospects of the industry, as civil engineers are held back by the low profits generated as a result. Added to this, the construction industry is also facing a distinct lack of skilled and semi-skilled labour, all of which is leading to lower demand for machinery used for construction purposes. Hide this
This market research report offers a perspective on the actual market situation, trends and future outlook for construction in India. The study provides essential market information for decision-makers including:
- Overall construction market valu....
Building and Engineering | Oct 29th, 2012 | by Global Research and Data Services