Infrastructure Equipment

The Infrastructure Equipment industry accounts for more than half of all infrastructure investment. This is projected to grow further as infrastructure development is on the rise and attracting global investments. Future prospects towards infrastructure development in India include renewable energy, transport and highway development, which are being undertaken by the government. The Smart Cities project is also an initiative which will boost development in this sector. This space is also attracting international investments.
The Infrastructure Equipment industry consists of two sub-sectors, Equipment Operation, and Equipment Service & Spares.
With the government granting new infrastructure projects and allowing huge investments, the Equipment Operation sub-sector in India is on the rise. Increased mechanization in fields other than real estate and infrastructure industries is also aiding growth in this segment.
The Infrastructure Equipment sector has made India a key player providing equipment services and spares, among global construction equipment firms. Demand for rental equipment services is projected to go up on account of large investments in infrastructure.