Massive growth in construction around the globe combined with some of the biggest building projects ever mean construction machinery sales are forecast to top $145 bn this year. Make-in India is an initiative of the Government of India to encourage companies to manufacture their products in India. In fact, the Smart City initiative aiming to upgrade and build 100 cities stressing urban mobility, low-cost housing and sanitation and sewerage, in particular, is also a part of this campaign. This has opened up massive opportunities for building construction equipment and machinery industry in the country.
Construction projects cover three essential construction jobs: Building Construction, Industrial Construction and Heavy/Civil Construction. Building constitutes not only the residential houses but also big corporate offices, commercial centres, multi-storey buildings, etc. For construction, both heavy and light machinery is used.