Positivity amidst demonetisation

Being a part of construction equipment industry, it feels good to see the construction equipment industry picking up pace once again. Looking at the participants in Bauma Conexpo, the industry is set for a better year ahead. The thrust of the central government on infrastructure projects and spend will be the key growth driver in this sector. The good part is that the industry expects the trend to continue. Demonetisation has impacted economic growth. It will take some time for the economy to get back on track. However, with industry sectors like construction and mining equipment doing well, there is a reason to be optimistic.

Amarjeet Bumrah, Chandigarh