Summary:
Increased construction activity of roads, highways and other projects will spur the demand for construction equipment. The government has increased budget allocation for highways from Rs 57,976 crore to Rs 64,900 crore in 2017-18.The government has proposed 2,000 km of coastal connectivity roads for construction and development. "In the Union budget, the government has increased the focus on rural economy and infrastructure. "Kathuria said that the boost to the infrastructure projects by the government will increase the demand for tippers in the country.Kalyankar said, "Madhya Pradesh is going aggressive on infrastructure development. Demand for tippers will increase and we have already started receiving orders..