Overcoming challenges, the country is witnessing economic growth recovery on the back of robust consumer sentiment coupled with a focus on key development initiatives by the government. Despite the lockdown restrictions, sectors like construction and infra are leading this growth story with 13,300 kms of highways constructed in FY’21 with an aim to construct 65,000 kms of highways in FY’22, thereby driving the consumption of aggregates and other raw materials. Cement production is expected to rise by around 16% in FY’22 over FY’20, with 500mt production expected annually by FY’25. Domestic coal production is also on the rise, with the sector gearing up to meet the 1000mt production target set for FY’25. Steel production has seen a YoY rise of 8-9% in FY22 with the yearly demand for finished steel slated to increase to 230 million tonnes in FY’31. New inroads are being made in energy, communication, heavy industries, agri products, consumer goods, e-commerce, petroleum and auto sectors with renewed public and private investment.
Commercial vehicles have always been the lifeline of the Indian economy and the commercial vehicle industry has always ensured that the wheels of the economy not only run smoothly but importantly, pick up pace to accelerate its growth.
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PROOF IS IN THE ROOF
Roofing, cladding and waterproofing are not concerns that you constantly need to spend on, if you get it first time right
SAVE YOURSELF
Green buildings are the way to go if you want to live a healthier life and also save the environment
THE LONG VIEW
Facades, fenestration and cladding are now more high-end and sophisticated. What has evolved?
PRUDENT PURSUITS
Ajay Ashar, CMD, Ashar Group, is known for his meticulous approach and commitment towards his projects that help him stand out among peers in the competitive real estate market
MACE TO TRANSFORM AHMEDABAD RAILWAY STATION
The redevelopment project covers almost 40 hectares
RITES INKS PACT WITH BANGLADESH RAILWAY
Rites has been a old partner in Bangladesh's path to infrastructure development
K RAHEJA CORP HOMES' MAIDEN VENTURE IN SION
Will feature 3, 3.5, and 4-bed homes with decks
GODREJ JARDINIA HITS RS 2,000 CRORE BOOKING VALUE!
Sector 146 is a prominent upcoming residential corridor in Noida
TRIFECTA PROJECTS UNVEILS TRIFECTA VANTO
Is located in the prime area of Sarjapur Road
KANODIA GROUP TARGETS RS 1000 CR REVENUE
The location of the acquired land is considered prime