23 March 2019

Editor's Space

A Year of Opportunities

 

 

Construction opportunities wishes its readers a happy and prosperous new year! The year 2018 was a year full of movement for the construction and infrastructure sector. Throughout the entire last year, opportunists from across the globe were and still are vying to assert themselves in a market that is literally huge enough to host abundance for everyone. All projects are not similar and all requirements are not alike but they are all connected to a common goal called development.

 

 

 

In its 5th edition, bauma CONEXPO INDIA 2018, companies from 26 countries presented their machines, products and innovative technologies for the construction industry. 39,173 leading industry professionals gathered at HUDA Ground in Gurugram. Overall, bauma CONEXPO INDIA counted 39,173 participants, a growth of 20 per cent compared to 2016.Apart from Indian visitors, the trade fair also welcomed buyer delegations from Bangladesh, Bhutan, Nepal, Sri Lanka and other countries in the region. The Indian subcontinent offers excellent opportunities for doing business in the construction industry. Major infrastructure projects, the booming transport sector and urban development are just some of the driving forces of the market. With a growth of 30 per cent in space compared to 2016, bauma CONEXPO INDIA reflects the momentum of the industry.

 

 

 

With the nation going into the election mode shortly, the ‘Housing for all by 2022,’ the dream of Prime Minister Narendra Modi has come into the spotlight, due to the ruling party’s political expediency. The demand drivers and enablers are also in place. A robust economy, a galloping urban population, rising incomes in urban and rural economies and home loans available due to priority lending classification, will all ensure that the affordable pie realises its full potential as a long term growth story. Affordable housing will also grow into a major growth engine for the economy.

 

 

 

Our cover story on Affordable housing talks about how the market is set to touch the $180-200 billion mark by 2020 and is expected to grow by 30 per cent over the next decade. However even in such a fertile atmosphere for the market, there are a few challenges that need to be neutralized.

 

 

 

With a lot happening and set to happen, this month is full of reading material and we are certain that you will have a wonderful read!

 

 

 




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