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Editor's Space ®

A FORTUNE COOKIE?

A recent Bloomberg survey highlighted that India has a zero
probability of facing a severe economic slump. What has kept Published by:
the momentum going for India? Well, the WION analysts highlight Highland Media Publishers Pvt. Ltd.
Registered Office:
that despite the Indian rupee touching a historical low against 609, 6 Floor, Swastik Chambers, Sion-Trombay
th
the US dollar, the Reserve Bank of India (RBI) has been able to Road, Chembur (East), Mumbai – 400 071.
keep the economy in good shape by increasing lending rates or Tel: 022-25271902
repo rates by 90 basis points cumulatively in the various monetary Editor: Shrirang Krishnan
meetings. editor@constructionopportunities.in

Assistant Editor: Prerna Sharma
Coming back to our sectoral dynamics, according to a Boston edit@constructionopportunities.in
Consulting Group Report, India will be the second-largest
Chief Executive Officer: V Anand
producer of construction equipment by 2030, with revenues
anand@constructionopportunities.in
growing to US$25 billion and volume of sales touching three lakh
units, leading to the generation of 30 lakh new jobs. In fact, the Head Circulation & Subscription:
construction equipment sales should breach the 2018 peak of Subhash Bhogale
support@constructionopportunities.in
around 100,000 units next year, paced by increased government
spending on infrastructure projects. Creative Designer & Coordinator:
Asif Padwekar
coordinator@constructionopportunities.in
Another interesting piece of update is that the Private equity (PE)
investments into India’s real estate sector rose 28% year-on-year Press Releases:
in the April-June quarter of the current fiscal (Q1 FY23), as per coordinator@constructionopportunities.in
Anarock Capital’s FLUX report. The growth was driven by improved
market sentiment, widespread vaccine coverage, and lifting of All rights reserved. While all efforts are made to
lockdown restrictions. ensure that the information published is correct.
Construction Opportunities holds no responsibility
for any unlikely errors that might occur.
With the Central Government already pushing the infrastructure Printed and Published by Shrirang Krishnan on
bandwagon from all the quarters and offering an incredible behalf of Highland Media Publishers Pvt. Ltd.,
platform to progress for the construction fraternity, isn’t it the right printed at Indigo Printers, BRM-10, Devidayal
and the poised time to take the brave move? Well, the Fortune Compound, Near Britania Company, Reay Road
Cookie is waiting for you to explore newer realms of growth on (East), Mumbai – 400 010 and published from
609, 6th Floor, Swastik Chambers, Sion-Trombay
the back of a strong economic footing and the government’s Road, Chembur (East), Mumbai – 400 071.
much-needed support to strengthen and accelerate the growth Editor: Shrirang Krishnan
momentum of the Indian construction sector.
The information on products and projects on
offer is being provided for the reference of the CHAT WITH US ON
Yes, the problems are far and wide, but the opportunities are also readers. However, readers are cautioned to +91-9176601882
make inquiries and take decisions on purchase
in abundance. It’s up to you, which fortune cookie you intend to or investment after consulting experts on the
explore and move past your competitors or rather collaborate to subject. CONSTRUCTION OPPORTUNITIES holds no
bring about a systemic change in the construction sector that is responsibility for any decision taken by readers on
the basis of information provided herein.
waiting for the BIG BANG TRANSFORMATION. The Choice is YOURS!

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Assistant Editor

4 CONSTRUCTION OPPORTUNITIES|AUGUST 2022