How has the equipment sector benefitted from the record growth in Infrastructure

Infrastructure sector is a key driver for the Indian economy. For propelling India’s overall development, sector is highly responsible, thereby enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country.

 Government of India while paving the way for a better quality of life and a rapid rise in gross domestic product (GDP), is looking forward to focus on the infrastructure of the country for further growth. As country’s infrastructure holds the key to potential India.

As outlined in the next Five Year Plan (FYP), Infrastructure is one of the plan's primary areas for spending, with about Rs 31 trillion (US$ 454.83 billion) earmarked for investment with 70 % of funds needed for power, roads and urban infrastructure segments.

Construction equipment sector of the country being the earthmoving industry, thereby has already clocked a growth rate of over 40%, in the last six months. According to a top official at JCB India, Construction equipment segment has already witnessed a robust growth in the first half of this calendar year.

For constructing infrastructure that government is planning, huge investments in the equipments has been made resulting in demand hike of both used and new construction equipments.

Shriram Automall India Limited (SAMIL), with its widely spanning 68 Well Established Automalls & 150+ Bidding Locations, in both rural and urban areas, provides huge range of used construction apparatus of every make and model at optimal prices, making it easy for the Dealers to acquire or dispose used equipments, in any nearby Automall with ease and convenience.

If you as well are looking forward to acquire or dispose used vehicle & equipment, SAMIL is the best & no.1 choice. All you have to do to experience deals through their innovative bidding platforms, is to click the link below to register yourself, you can also download “MY SAMIL App” and easily go through the vast inventory at your comfort.
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