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HEALTHY INDIAN DEMAND
| 题名： | HEALTHY INDIAN DEMAND |
| 正文语种： | eng |
| 摘要： | Broad-based growth in Indian construction equipment sales is expected to resume this year, with the market forecast to rise 10% to 76,350 units, says Off-Highway Research (OHR). This will be driven, says OHR, by a range of infrastructure investment plans. With a general election due in 2024, this year's budget particularly strongly emphasises investment as Prime Minister Modi seeks a third term in office. Unfortunately, OHR says next year's election will temporarily derail growth, and further market-specific disruption will be felt due to the introduction of CEV Stage-Ⅴ emissions laws in April 2024. However, OHR says it remains bullish about the medium- and long-term growth prospects in the Indian market, expecting equipment sales to resume their ascent from 2025 onwards. |
| 出版年： | 2023 |
| 期刊名称： | World highways |
| 卷： | 32 |
| 期： | MAY/Jun.App. |
| 页码： | 14-14 |
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