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BIG INDIAN INFRASTRUCTURE SPENDING
| 题名： | BIG INDIAN INFRASTRUCTURE SPENDING |
| 正文语种： | eng |
| 摘要： | Prior to the COVID-19 pandemic, OHR reports that 2020 was expected to be a year of robust growth for the Indian construction equipment market, following the disruption of the 2019 general election. In the event, OHR notes that the pandemic precipitated a 10% decline in sales, to 67,635 units, or 73,275 if mobile cranes and compaction equipment are included. This, says OHR, took demand back to where it was in 2017 and was some 25% lower than the peak year of 2018. "As disappointing as this was for a market which was showing clear signs of returning to robust growth at the end of 2019, a 10% downturn as a result of the pandemic and lockdowns is not as bad an outcome as might have been expected," OHR summarises. OHR highlights that there were almost no mini excavator sales in India prior to 2010. However, this is now a product offered by several suppliers, some of which manufacture in-country. This has seen demand rise to just above 1,000 units per year, and OHR expects this to rise to well over 2,000 sales per year over the medium term. |
| 出版年： | 2021 |
| 期刊名称： | World highways |
| 卷： | 30 |
| 期： | 6App. |
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