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Follow on Google News | Indian Earth Moving Equipments Industry to Boom in Near FutureIncreasing infrastructure spending coupled with market entry of cost competitive, technically superior equipments will lead earth moving equipments market to grow at a CAGR of 18.3% during FY 2010 – FY 2014, says RNCOS.
The research inferred that, during 2007-2015, the potential infrastructure investment will be around US$ 750 Billion. This huge sum has been reached even after discounting for delays and discontinued projects. The majority of this investment is anticipated to be in the areas, which are the largest consumers of construction equipments industry, such as road building, irrigation, etc. It is anticipated that such a huge investment will speed up construction equipments demand in the country and will attract foreign majors to compensate their subdued global revenue performance by investing in the Indian market. Our report, “Booming Construction Equipment Market in India”, is an outcome of extensive research and objective analysis of the Indian construction equipment industry potentials. It provides information/ In addition, the report has given the segment wise industry forecast based on correlation of past drivers, challenges, and opportunities for expansion. In this way, the report gives an unbiased market picture that will prove decisive for clients. For FREE SAMPLE of this report visit: http://www.rncos.com/ Check DISCOUNTED REPORTS on: http://www.rncos.com/ # # # About RNCOS: RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner. End
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