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[jaksongroup]

How Government Incentives are Fueling the Solar Revolution in India?

India is witnessing a solar revolution. This surge towards renewable energy is being significantly fueled by a robust set of government initiatives and incentives. India's solar energy capacity has witnessed a significant rise.

According to the Ministry of New and Renewable Energy, solar power capacity has nearly tripled in the last five years, jumping from 21,651 MW to a staggering 70,096 MW. This phenomenal growth is driven by a two-pronged approach: large-scale solar projects and a boom in rooftop installations. Favorable government policies like the government solar panel schemes and a significant drop in solar power plant costs have been the key catalysts for this surge.

Here's How Government Incentives Are Propelling India's Solar Sector Forward

1. Financial Aid and Subsidies

Subsidies for Rooftop Solar: Schemes like the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (PM-SBGH) offer financial assistance to households for installing rooftop solar panels. This solar panel subsidy brings down the upfront cost, making solar power more accessible.

Loans with Attractive Rates: Govt. solar panel scheme and solar energy initiatives like the Kisan Urja Suraksha Evam Utthan Mahabhiyan (Kusum) provide easy loans with concessional interest rates for farmers to set up solar pumps. This not only reduces their electricity bills but also frees up grid power for other uses.

2. Tax Benefits

Tax Exemptions: The government offers tax exemptions on income earned from solar energy projects. This makes solar power generation a more attractive investment proposition.

Accelerated Depreciation: Businesses installing solar panels can claim accelerated depreciation, allowing them to write off the cost of the system over a shorter period, reducing their tax burden.

3. Policies and Regulations

Net Metering: Net metering solar energy policies allow individuals with rooftop solar panels to sell excess electricity back to the grid. This encourages investment in solar power and reduces the pressure on conventional power sources.·        

Renewable Purchase Obligation (RPO): The RPO mandates electricity distribution companies to source a certain percentage of their power from renewable sources like solar. This creates a guaranteed market for solar power plant producers.

4. Government Programs and Missions

National Solar Mission (NSM): Launched in 2010, the NSM aims to significantly increase India's solar power capacity. This mission has ambitious targets and provides a roadmap for achieving them.

Atal Mission for Rejuvenation and Urban Transformation (AMRUT): This Govt. solar panel scheme

allocates funds for the installation of solar panels on government buildings and public spaces, reducing energy consumption and setting an example for wider adoption.

The Impact of Incentives

The solar panel subsidy and more such government incentives related to solar energy have played a crucial role in making solar power more affordable, attractive, and accessible for homes, businesses, and industries. As a result, India has witnessed a phenomenal rise in solar power capacity, emerging as a global leader in the renewable energy sector.

Way Forward

The government's continued commitment to solar power development is vital for India's energy security and its fight against climate change. Future initiatives may focus on: 

Storage Solutions 

Developing efficient and cost-effective energy storage solutions to address the variability of solar power generation.

Innovation and Domestic Manufacturing

Encouraging research and development in solar technologies and promoting domestic manufacturing to create a self-reliant solar ecosystem. By continuing to provide well-designed incentives and fostering a supportive policy environment, India can further solidify its position as a solar superpower, ensuring a brighter future powered by clean energy.

[joshiekta126]

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[rajsinghj]

India’s largest plumbing event Plumbex to kick start on 12th May

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India’s largest plumbing event Plumbex to kick start on 12th May

New Delhi: Sh. Hardeep Singh Puri, Honourable Minister of Housing and Urban Affairs will inaugurate Plumbex India, the largest Standalone exhibition on Plumbing, Water and Sanitation Products on 12th May. Indian Plumbing Association is conducting Plumbex India, a 3-day event, under the aegis of AMRUT 2.0 and SBM 2.0. Plumbex India will start on the 12th of May and will be conducted at Hall no.2, Pragati Maidan, New Delhi from 10:00 AM to 7:00 PM.

Interesting deliberations on 24*7 Water Supply under AMRUT 2.0, Water Efficient Plumbing Products and Making India Water Positive with expert speakers from Ministry of Housing and Urban Affairs, Bureau of Indian Standards and NAREDCO MAHI have been planned on all three days. Mrs. D. Thara, Additional Secretary MoHUA and Mission Director, AMRUT 2.0 will be the expert speaker on Day 2, 13th May and will shed light on the Govt. plans and policies.

India’s plumbing industry is poised to grow at a massive scale backed by the nation’s long-term objective to build world-class infrastructure. The country has a planned infrastructure grid of USD 1.4 trillion, which will steer the plumbing and allied industry in a positive direction.

The exhibitor’s profile will comprise a wide range of categories including but not limited to pipes & pumps, valves, water treatment plants, water heating systems, swimming pool systems, water harvesting, water metering, and much more. A pre-report will also be published mirroring new innovations in water challenges alongside offering information & insights on upcoming water treatment start-ups.

Besides existing enterprises, the 3-day event is an inviting field for start-ups working toward water innovation and Swachh Bharat Mission.  

Under AMRUT 2.0, it has been decided to select 100 start-ups working towards water conservation/ recycling/ rejuvenation and offer financial assistance of INR 20 lakhs each. IPA already is working as a collaborating and advisory partner in the same. With Plumbex, it will further play a contributory role in identifying innovative water technology start-ups and help them link with relevant angel investors and incubator networks.

 “The event will offer an exclusive and cohesive platform to various industry stakeholders to connect, interact, and unlock new business opportunities as well as address existing gaps.” Quoted, Gurmit Singh Arora, IPA National President.

The event will also be visited by real estate developers, hoteliers, architects and designers, urban planners, academicians, students, etc. Over 300 govt. officials from AMRUT mission, state development agencies, housing boards, etc. will also participate in the exhibition.

On the first day of the event, IPA will sign an MOU with NAREDCO MAHI, the women- wing of the organization. As a part of the MoU, IPA will guide Naredco Mahi on the Jal Shakti Mission to achieve a saving of 500 crore litres of water per annum. Jal Shakti Mission members to convince builders to move towards "Net Zero Water".On the very same day, IPA will sign another MOU with COA (Council of Architecture) to create elaborate learning and knowledge-sharing platform for its members. Under the MOU, IPA will also help in creating a curriculum on the latest plumbing technology & practices for 480 COA affiliated architecture institutions.

[biztoll1]

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[techsciresearch]

Electric Motor Market to Reach USD160.11 Billion until 2026 | TechSci Research

Booming heating, ventilation and air conditioning industry to drive the Global Electric Motor Market through 2026

According to TechSci Research report, “Global Electric Motor Market By Type (AC Motors, DC Motors and Hermetic Motors), By End Use (Residential, Commercial, Industrial, Transportation and Others), By Output Power (Above 1HP and Upto 1HP), By Region, Competition Forecast & Opportunities, 2016 – 2026’’, the Global Electric Motor Market is projected to cross USD160 billion by 2026, on account of growing demand from various small scale industries such as paper and pulp, textile industry and others. Moreover, shifting trends towards electrical vehicle technology along with regulations such as Minimum Energy Performance Standards (MEPS) to bolster the Global Electric Motor Market through 2026.

Global Electric Motor Market can be segmented based on type, end use, output power and region. In terms of type, the market can be bifurcated into AC motors, DC motors and hermetic motors. The rising demand from automotive sector, owing to the high efficiency AC motors fuels the Electric Motor Market growth. Although, the DC motors segment is forecasted to grow at a faster rate owing to their high starting torque, simple operation and easy design.

The high share of AC motors is attributable to extensive applications in irrigation industry to modern day robotics. Moreover, they are lighter in weight and cheaper and are extensively used in Heating, Ventilation and Air Conditioning (HVAC) industry. Improvements in permanent magnetic materials and highly efficient low cost electronics has increased the use of AC motors in automotive industry. However, DC motors are expected to grow at a faster rate owing to the rapidly increasing popularity of vehicle features like, adjustable mirrors, motorized seats and sunroof systems. The Hermetic motor segment will witness a CAGR of 6.41% from 2021 to 2026 due to the easy transportation, less maintenance and easy handling. The segment’s growth is attributed to the demand from HVAC equipment manufactures and their suitability in such applications.

Browse 135 Figures spread through 110 Pages and an in-depth TOC on "Global Electric Motor Market"

https://www.techsciresearch.com/report/electric-motor-market/7280.html

In terms of end use, the market is segmented into residential, commercial, industrial, transportation and others. The industrial segment dominates the market owing to the increased demand, as maximum industries depend on motorized automation. This segment includes metal and mining, oil and gas, paper and pulp, home appliances, renewables and water and wastewater industries which use electric motors for compressors, boilers and pumps at different stages of production. In terms of output power, the market is segmented into above 1HP and upto 1HP. Upto 1HP segment is expected to lead the market owing to its application in various small scale industries such as textile mills, healthcare and paper and pulp industries.

In the Global Electric Motor Market, Asia-Pacific is the largest contributor with around 37% market share in 2020. China is the largest contributing country in the region with around 53% share in 2020, followed by Japan, India and South Korea. Growing urbanization and manufacturing sector in China are contributing to the country’s leading market position. In India increasing industrialisation, and introduction of various major government initiatives such as Make in India, Smart City Mission, affordable housing, AMRUT, etc., are expected to positively influence the Electric Motors Market in India during forecast period.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7280

Customers can also request for 10% free customization on this report.

ABB Limited, Siemens AG, Schneider Electric SE, Nidec Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Johnson Electric Holdings Limited, Toshiba Corporation, General Electric Company, WEG Industries, etc. are among the leading players operating in Global Electric Motor Market. Companies operating in the market are using organic strategies such as product advancement through addition of new features, partnerships, mergers and collaborations to boost their share in Global Electric Motor Market.

“Growing Heating, Ventilation and Air Conditioning (HVAC) industry, increasing global electricity consumption and rising demand from automotive, railways and renewables sectors across the globe are boosting demand for electric motors, globally. Moreover, rising urbanization, technological advancements in industrial sector and shifting of world towards electric vehicle technology have also been positively influencing the market. Continuance of such upward trend in industrial and automotive segments across the globe is expected to drive the Global Electric Motor Market in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Electric Motor Market By Type (AC Motors, DC Motors and Hermetic Motors), By End Use (Residential, Commercial, Industrial, Transportation and Others), By Output Power (Above 1HP and Upto 1HP), By Region, Competition Forecast & Opportunities, 2016 – 2026” has evaluated the future growth potential of Global Electric Motor Market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the Global Electric Motor Market.

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About TechSci Research

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[sophiajns]

India Electric Motors - Growth Analysis and Industry Forecast 2024

Market Reports on India Provides the Trending Market Research Report on ” India Electric Motors Market By Type, By Voltage Rating, By End Use, By Application, By Region, Competition, Forecast & Opportunities, 2014-2024 ” under Energy category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

India Electric Motors Market is projected to surpass $ 2.08 billion by 2024. Anticipated growth in the market can be attributed to increasing number of industries and construction activities across the country, in addition to growing government focus towards adoption of energy efficient motors. Moreover, rising population in tier II and tier III cities, increasing urbanization, and introduction of various major government initiatives such as Make in India, Smart City Mission, affordable housing, AMRUT, etc., are expected to positively influence the electric motors market in India during forecast period.

Electric motor market is highly fragmented in India with presence of a large number of players. The market is competitive due to the presence of un-organized players in the industry. Recent implementation of GST is anticipated to help organized players in increasing their market share over the next five years.

Request a free sample copy of India Electric Motors Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1178823 India Electric Motor Market Regional Insight Regionally, the western market played a vital role in generating revenues in the Indian electric motor market, with states like Gujarat, Maharashtra and Madhya Pradesh being the key markets in the region. Gujarat and Maharashtra are the two leading demand generating states for electric motors in the western region. Growing number of government initiatives such as Green Energy Corridor in Gujarat, Maharashtra and Madhya Pradesh are scheduled for implementation by 2020.

India Electric Motor Market Competitive LandscapeIn order to boost sales, the major vendors in the market for electric motor aim at introducing technologically advanced solutions and energy efficient systems at cheaper rates. This helps vendors to differentiate themselves from counterparts and thereby sustain competition. Moreover, strategic partnerships & collaborations with distributors and investment in R&D activities are some of the other major strategies adopted by major market players to enhance their existing product portfolio and expand their market footprints. Some of the major players operating in India electric motors market are CG Power and Industrial Solutions Limited, Bharat Heavy Electricals Limited, ABB India Limited, Siemens Limited, GE Power India Limited, Bharat Bijlee Limited, Kirloskar Electric Company Limited, Marathon Electric India Private Limited and WEG Industries India Private Limited.

Years considered for this report: Historical Years: 2014-2017 Base Year: 2018 Estimated Year: 2019 Forecast Period: 2020–2024

Objective of the Study:

The primary objective of the study is to understand and gain insights about India electric motors market and its segmental analysis by type, by voltage rating, by end use, by application and by region.

To estimate and forecast India electric motors market size.

To categorize and forecast India electric motors market by type such as AC motors and DC motors.

To categorize and forecast India electric motors market by end use such as residential, commercial, industrial and transportation.

To categorize and forecast India electric motors market by application such as fans, pumps, compressors and mechanical movement.

To categorize and forecast India electric motors market by regions such as north, east, south and west.

To identify major drivers and challenges for India electric motors market.

To identify major trends in India electric motors market.

To profile major companies operating in India electric motors market.

Some of the major players operating in India electric motors market are CG Power and Industrial Solutions Limited, Bharat Heavy Electricals Limited, ABB India Limited, Siemens Limited, GE Power India Limited, Bharat Bijlee Limited, Kirloskar Electric Company Limited, Marathon Electric India Private Limited and WEG Industries India Private Limited, etc.

To analyze and forecast India electric motors market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in India electric motors market was also undertaken, which included analysis of information such as ongoing projects, followed by the details of expected year of commissioning and estimated investments along with the expansion plans of various projects in India.

Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for electric motors in India. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.

Various secondary sources such as white papers and secondary literature on electric motors, Smart Cities Mission, Federation of Indian Chambers of Commerce and Industry (FICCI), Ministry of Housing & Urban Poverty Alleviation, electric motors companies’ annual reports, International Monetary Fund and World Bank were also studied by Our Research.

Key Target Audience: -Electric motor manufacturing companies, distributors and other stakeholders -Government bodies such as regulating authorities and policy makers -Organizations, associations and alliances related to electric motors -Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as electric motor manufacturing companies and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope: In this report, India electric motors market has been segmented into the following categories in addition to the industry trends which have also been listed below:

Market, by Type: AC Motors DC Motors

Market, by Voltage Rating: Low Voltage (Upto 690V) Medium Voltage (691V – 3300V) High Voltage (above 3300V)

Market, by End Use: Residential Commercial Industrial Transportation

Market, by Application: Fans Pumps Compressors Mechanical Movement Others

Market, By Region: East West North South

Competitive Landscape Company Profiles: Detailed analysis of the major companies present in India electric motor market.

Available Customizations: With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis Profit margin analysis in case of direct and indirect sales channel.

Browse our full report with Table of Contents http://www.marketreportsonindia.com/marketreports/india-electric-motors-market-by-type-by-voltage-rating-by-end-use-by-application-by-region-competition-forecast-/1178823 About Market Reports on India: Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.

Contact us at: Market Reports on India Tel: +91 22 27810772 / 27810773 Email: info@marketreportsonindia.com Website: www.marketreportsonindia.com Follow us on : Twitter, Facebook, LinkedIn

[amrutservices]

Internet Marketing Basics for Your Home Business

Starting a business out of your home is a brilliant idea for creating new income streams or pivoting to a new career path. If you can master the art of internet marketing, your living room or home office can be just as good a place for generating personal wealth as any skyrise office building.

You have a ton of digital marketing tools at your disposal, too. A few of them are absolutely 100% necessary, while others you can pick and choose based on your unique needs.

To help you get started, here is a quick guide to the basics of internet marketing, what you need to effectively earn leads, and what optional tools could help you along the way.

The Absolute Essential: A Google My Business Profile

Just a few months ago we might have listed a website as the #1 priority for a small, home-run business, but claiming a Google My Business (GMB) listing is now even more important by far.

Why? Well, for one, you can create a mini website through your GMB listing. That barebones site might not get you as far as a legitimate website with its own custom domain name (web address), but the fact that you can have your GMB listing site up and running lightning fast means there’s no reason to put it off for even a second.

Even more importantly, the mini-site is already mobile optimized — which is critical for reasons we’ll delve into in just a moment.

So what is Google My Business? Simply put: it’s a business listing that shows up when people search for your business or things related to your service areas on Google.

A GMB profile:

Reveals your business location on Google Maps, which is incredibly important if people are meeting you at your home office

Lists your phone number and/or an email contact form

Shows a button that can quickly take search engine users to your website

Displays business information, such as your hours, service category, and a short description of what your business does

Allows you and others to upload photos of your business

Enables customers to leave online reviews

Creates the above-mentioned mini-website that loads quickly and looks great in mobile

The simple fact is that millions of people use Google Search as their first step when looking for goods or services. With a GMB created, you can ensure that they see the correct information while giving your business a visibility boost compared to those who didn’t bother to create their own listing.

Claiming or creating a new GMB listing is easy, too. Google provides all the steps you need when you hit “Start Now” on their GMB page.

A Website: Your Virtual Business Office

A website is another essential element to any business run out of the home. Customers and potential leads will want to see a website before they can feel like your business is legitimate. 75% of people want to see a quality website design before they will even consider a business credible!

Websites give your business an environment that you can control to create that all-important first impression. You can present your services in a persuasive, easy to understand way.

And, you can also give people reasons to go ahead and start interacting with your business so that they are more likely to return as a paying customer. For instance, you can create a business blog full of helpful tips your typical clients or customers might love to read. Or, you can offer them free information, free content, or a chance to learn more about you with a simple email form.

Harping on that last point, don’t expect too many customers to email you out of the blue. Even if they are highly interested in what you have to offer, they may hesitate if you make getting in touch with you too difficult.

To make capturing emails and earning new lead opportunities easy, give your website an email submission form that:

Shows up before people have to scroll (above the fold)

Has as few entry forms as possible, preferably just one for their email address

Has a design that’s consistent with your branding

Uses a call-to-action promising some sort of benefit to people who sign up, such as “Get started today!” or “Get insider tips delivered right to your inbox!”

Having a form like this makes it easy to convert casual clicks into genuine customer leads, so test different designs to see what works best.

A Social Media Page: Your Digital Home Away From Home

Social media is used by 69% of all American adults and 83% of adults under the age of 50. Many people will also spend most of their time online exclusively in a social media app. This trend means that if your business isn’t on social media, you may be invisible to thousands of potential leads.

Very few businesses need to be active on more than a few social media platforms, though. You should review which ones your target audiences use to ensure you aren’t wasting efforts on pitching your business to people who aren’t really there.

For instance, Snapchat is incredibly popular with people under between 18-24, whereas LinkedIn is more popular with adult professionals in the 30-49 age. Some businesses, like studioSPACEnyc, even conduct most of their business activities through social media rather than their website. “If we look at the analytics of the website and how many people view my Instagram account, we’ll see 200 a day on Instagram and 15 on my website,” says CEO Jacob Fisher. 

No matter what platform you choose, give a professional touch to everything you do. Add a branded logo and header image to your pages. Share only content that is consistent with your brand voice and your customers’ values. Post at least once a week, and definitely don’t ignore people who directly try to ask you a question or start a conversation.

In fact, social media could be a great source of customer leads considering that one out of three people say they would rather contact a business through social compared to telephone or email. 

So, remember that social media is more than just a place to share silly cat photos and inspirational quotes. Give people good reasons to interact with your brand, and keep an ear out for anyone trying to use the platform to engage with you directly.

Email Marketing: Essential to Small Business Internet Marketing

Setting up a two-way email conversation is about more than just business-as-usual. True, you can handle client interactions or send things like appointment reminders over email. But email is more special than that! 

That’s because email inboxes are much less cluttered than the typical search engine results page or social media news feed. As a result, when you send people something through email, such as a newsletter or a personalized offer, they are much more likely to actually see those messages compared to an online ad. 

For many home-based small business owners, their email list is their most precious resource when it comes to drumming up business. It serves as their modern Rolodex, letting them know just how many leads they have, how many are past customers, and which opportunities are about to convert into a sale. 

Cultivate your email list carefully, and strongly consider creating a good reason for people to open content from you in their inbox at least once a month to keep your business top-of-mind.

Learning About Search Engine Optimization (SEO)

Search engine optimization (SEO) is the bridge between simply creating things online and priming the pump for those things to create actual leads. 

What, exactly, is SEO? Simply put: SEO is paying attention to the factors that help your business rank when someone searches for a term related to your goods or services. For instance, if your home business offers event photography in the Phoenix, AZ region, you probably want to rank for search terms like “wedding photographers in phoenix” or “phoenix event photographers”. 

Making this happen is the subject of another blog, but the trick is to ensure that key search terms like the ones listed above and their related terms appear both within your website content and in the code you create behind-the-scenes. To get you started, take a look at the helpful Beginner’s Guide to SEO from Moz. 

In the meantime, focus on setting up the rest of your internet marketing channels listed above. Your goal should basically be to not be embarrassed or feel the need to make excuses should anyone search for your business online, visit your website, find you on social media, or expect professional-grade email correspondence. 

Good luck, and get in touch with us if you need any help! We are experts in getting small business owners off the ground and ensuring they have all the elements they need to earn customers and grow their company.

from Amrut Services https://amrutservices.com/internet-marketing-basics-for-your-home-business/

[joshiekta126]

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[biztoll1]

LUCKY DIGITAL SERVICE

One Stop Solution For All Government Schemes . Lucky Digital services is Digital Seva Kendra owned by CSC we diliver all types of Services Like Voter Id card, Ration Card, Pradhan Mantri Safal Bima Yojana , Pradhan Mantri Kisan MaanDhan Yojana ,Ayushman Bharath , Seniour Citizen Card,Seva Sindhu Yojana, Jeevan Praman, Kisan Credit Card, & other services Like Paan card, Adhar card

VISIT TODAY : Shop no 6, Amrut complex, Opp hp Petrol Pump, Pipeline Road, Ganeshpur Belgaum-591108 KA

Call-8867679275

Web-https://www.biztoll.com/ViewBusinessDetails.aspx?CsId=5373

#online #service #sevakendra

#RationCard #pancard #Adharcard

#luckydigitalsevakendra #biztoll

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[biztoll1]

LUCKY DIGITAL SERVICE One Stop Solution For All Government Schemes . Lucky Digital services is Digital Seva Kendra owned by CSC we diliver all types of Services Like Voter Id card, Ration Card, Pradhan Mantri Safal Bima Yojana , Pradhan Mantri Kisan MaanDhan Yojana ,Ayushman Bharath , Seniour Citizen Card,Seva Sindhu Yojana, Jeevan Praman, Kisan Credit Card, & other services Like Paan card, Adhar card VISIT TODAY : Shop no 6, Amrut complex, Opp hp Petrol Pump, Pipeline Road, Ganeshpur Belgaum-591108 KA Call-8867679275 Web-https://www.biztoll.com/ViewBusinessDetails.aspx?CsId=5373 #online #service #sevakendra #RationCard #pancard #Adharcard #luckydigitalsevakendra #biztoll #biztollluckysevakendra #sevakendra #govt #government #jobs #application #rtc #pensionfoam #biztoll #luckybiztoll #belgaum (at Ganeshpur , Belgaum) https://www.instagram.com/p/CQsacZ1Bdzp/?utm_medium=tumblr

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[techsciresearch]

India Construction Equipment Market to Reach $ 4.7 Billion by 2025: TechSci Research Report

Growing expenditure on infrastructure development and favorable government policies to drive India construction equipment market

According to TechSci Research report, “India Construction Equipment Market By Segment, By Product Type, By Region, Competition, Forecast & Opportunities, 2025”, the country’s construction equipment market is projected to reach $ 4.7 billion by 2025, owing to high demand for construction equipment, especially in the earth moving segment. Over the next five years, construction equipment sales are expected to grow on account of rising demand from commercial projects and mining, housing and agriculture sectors. The competition in India construction equipment market is expected to intensify in the near future owing to continuing collaborations among construction and technology companies coupled with strong and expanding sales network of leading players across the country.

Browse 37 market data Figures and Tables spread through 95 Pages and an in-depth TOC on "India Construction Equipment Market "

https://www.techsciresearch.com/report/india-construction-equipment-market/2482.html

In addition, government is also supporting the construction equipment market by liberalizing taxation policies for construction industry such as GST and custom duty. In 2018, the government of India reduced the GST on construction equipment from 28% to 18%, which will help the construction equipment manufacturers to reduce the overall cost of equipment and other operational losses. Some of the largest ongoing projects in India that are boosting the country’s construction equipment market include Smart City Mission, AMRUT (Atal Mission for Rejuvenation of Urban Transformation), Metro Rail in urban areas, Bharatmala, and Sagarmala, among others. However, the global economic slowdown and spread of COVID-19 pandemic pose a huge imminent challenge for India construction equipment market.

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Among all the product types, backhoe loaders and crawler excavators accounted for the largest individual shares in India construction equipment market in 2019, and the trend is expected to prevail during the forecast period. North is the dominating region in the country’s construction equipment market where a huge number of large-scale projects are being undertaken, followed by South, West and East regions. “Various upcoming infrastructure projects coupled with rising government expenditure towards construction sector in the country is expected to boost construction equipment market during the forecast period. Moreover, favorable government policies and surging foreign investments in construction equipment market are anticipated to fuel the market in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Construction Equipment Market By Segment, By Product Type, By Region, Competition, Forecast & Opportunities, 2025” has analyzed the potential of construction equipment market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by the industry.

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https://www.techsciresearch.com/report/india-concrete-equipment-market/4184.html

 Australia Construction Equipment Rental Market By Equipment Type (Excavator, Skid Steer Loader, Wheel Loader, Motor Grader, Dozer and Backhoe Loader), Competition Forecast & Opportunities, 2014 – 2024

https://www.techsciresearch.com/report/australia-construction-equipment-rental-market/1699.html

 Global Construction Equipment Market By Machinery Type (Earthmoving equipment, Material Handling equipment, Construction vehicles and Others), By Application (Material Handling, Excavation & Demolition and Others), By End User Industry (Oil & Gas, Construction and Others), By Region, By Company, Competition, Forecast & Opportunities, 2024

https://www.techsciresearch.com/report/global-construction-equipment-market/1414.html

 About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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