• Shriram Automall inaugurated its 71st Automall in Bikaner on 24th November’2017.!! • 72nd Automall Facility inaugurated by Shriram Automall in Guna on 28th November’2017.!! •Shriram Automall wins Limca Book of Records for being The Largest Platform for Acquisition and Disposal of Pre-owned Vehicles and Equipment FY2015-16 and for Conducting Highest Number of Physical Bidding Events in a Single Day.!! •Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall India Limited(SAMIL) Won Best Service Provider Of The Year Award CIA World Builders and Infra Award 2017 •Shriram Automall was recognized as “Fastest Growing Brand for Pre-Owned Vehicles of the Year” in 2017 Leaders Awards...!!

Wednesday, 25 November 2015

Construction Equipment Industry to See Two Fold Growth By 2020

EXCON, an international construction equipment & technology trade fair began by making the right news. The construction equipment industry is all set to play an impact role in the ‘Make in India’ initiative & will grow about two-fold to $5 Billion by 2020.

As per the announcement made by CII & EXCON chairmen, Vipin Sondhi, "The domestic construction industry is set to become a driving force in 'Make in India' initiative. From a $2.8 billion industry at present it has the capacity to grow to over $5 billion by 2020 on the back of infrastructure growth which is bound to take place under the present regime".

The current data has projected & lowered down the earlier projections made by industry pundits of reaching to $20 Billion by 2022. However the experts are certain that the industry is bound to grow aggressively post 2020 backing on the steps taken by current government.

Sondhi also said that the de-growth has stopped and amid the proactive measures by the government, especially in the highways sector, the industry is set to grow manifold and bound to bolster economic growth.

Now as per the current predictions by the industry experts we are optimistic that the industry & country’s economy will grow on an increasing rate due to the above driving factors.

Meanwhile if you are looking ahead to acquire a used construction equipment in Bangalore than paying a visit to Shriram Automall will certainly result fruitful. You will be able to inspect a wide range of used construction equipment & acquire the best one. SAMIL also offers easy finance & trade advance facility to all its customers for their bulk vehicle requirements. The company also offers professional allied services like parking, refurbishment, valuation & documentation as per customer requirement.


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