New Age Construction
With the emphasis on indigenization, the CE industry can fulfil domestic requirements by offering tailored and cost-effective options. the buyback plans and used-equipment exchanges can help strengthen the market for sales of used machinery.
The success of the construction ecosystem will depend on the tight collaboration among the industry, government and the policy-makers, to ensure that the challenges of this sector are overcome, thereby, paving the roadmap for growth and progress of the country.
We are hopeful of seeing higher customer footfall with a larger percentage of serious buyers than the previous exhibition. We are also looking forward to customers from the South Asia region.
GST has revolutionised the tax system of the country. Driven by the principle of ‘one nation one tax’, it is expected to unify the country economically. It has clearly affected various sectors of the economy, including the CE sector in the last 3-4 months, but we are thankful to the govt. for bringing back the GST to 18% from 28%. GST is bound to represent a win-win situation for both the construction equipment sellers as well as the buyers.