Changing Winds Of Road Construction And Equipment Sector

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The infrastructure sector is the key driver for the Indian Economy propelling India’s overall development with the help of the government initiated policies that would ensure the timebound creation of excellent infrastructure in the country. The Government of India is taking every possible initiative to boost the infrastructure sector where it is expected to invest highly in the infrastructure sector highways, renewable energy, and urban transport.
In 2017 Indian infrastructure witnessed 91 M&A deals worth US$ 5.4 billion. According to IBEF Research Foreign Direct Investment (FDI) received in Construction Development sector (townships, housing, built-up infrastructure and construction development projects) from April 2000 to June 2018 stood at US$ 24.87 billion, according to the Department of Industrial Policy and Promotion (DIPP). India is witnessing significant interest from international investors in the infrastructure space where an investment worth ` 50 trillion (US$777.73 bn) in infrastructure by 2022.