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The
union budget for 2016 has given the much required boost for this segment as
government has allotted a humongous amount of Rs. 90,000 Cr. to the
construction sector by clearing most of the stuck road & highway
construction projects & introduction of new long term projects for the
current FY.
Now
as per the new announcements, the Smart city project got an official funding
from the Asian Development Bank and the World Bank who have agreed to provide
$1-bn and 0.5-bn respectively to build these projects & Smart Cities that
are currently under construction in Ahmedabad, Surat, Pune, Bhubaneswar,
Udaipur, Jaipur, Ludhiana and Jabalpur are going to be beneficiaries of funding
assistance.
With
these new investments coming we are sure the sector will gain momentum again
and demand for both new & used road building equipments will rise.
At
Shriram Automall we are also witnessing a trend of maximum enquiries for used
construction equipment on a day to day basis. Road rollers, bulldozers,
excavators, tandem rollers are churning out maximum enquiries and are getting
converted into sales.
Shriram
Automall India Limited (SAMIL) is one such organised player which offers a
multi-purpose bidding platform for the acquisition and disposal of pre-owned construction equipment. The
company makes their exchange completely reliable as trustworthy knot between
the buyers and sellers.
“At
SAMIL, we cater to a huge variety of pre-owned vehicles along with used construction equipment. While
aiming at long-lasting associations, we offer utmost transparency in every deal
that we cater to.” – Mr. Sameer Malhotra, CEO of SAMIL
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