The Indian infrastructure is estimated to grow at a CAGR of approximately 7 percent during the next five years. The National Infrastructure Pipeline (NIP) scheme entered its second year in FY21 and about 42 percent of the NIP projects are under implementation, according to market reports. Another 19 percent is under development stage, while 31 percent is still in the conceptual stage. This projects a huge capital expenditure in infrastructure in India in the coming years and earthmoving equipment is going to hold a significant share of this investment.

On this note, B2B Purchase Procurement Series conducted an online interactive session on ‘India’s Earthmoving Equipment Revolution is Here’ on 2nd September 2021.

Panel Speakers:
Mr. P. K. Thakur, GR Infraprojects Ltd.
Mr. S. P. Rajan, L&T Construction
Mr. Jaikumar D Kamath, L&T Construction & Mining Machinery
Mr. Pawan Kumar, BEML Limited