Posted By:Infra Bazaar
The economic meltdown under the UPA government saw the resurgence of major players of Heavy Equipment manufacturers diversifying their focus towards exporting their products in the most happening regions of the Middle East and the South Asian countries. 75 per cent of the industry experts are feeling optimistic, with multiple infrastructure projects gaining momentum with an increase in spending since the last 12 months. As more and more projects of greater complexities are under completion and planned and with competition rising within the regions, Indian companies needed a global platform to sell their heavy equipment at their convenience.
Infra Bazaar the pioneer in India provides the platform on a global scale to become the first ‘one-stop-destination’ for sellers and buyers to meet their requirements in the infrastructure sector. Buyers and Sellers meet to cater each others’ demand and supply as per their needs for various prestigious projects.
With the focus shifting towards Mega Events like the Dubai Expo 2020 and Qatar World Cup 2022 in the Middle East Region, a huge demand for heavy equipment in the infrastructure sector has increased. Needless to say, social infrastructure like housing, education and healthcare continue to increase the demand heavy equipment for projects. This results in more demand for heavy equipment in various parts of the globe. UAE, Qatar and Saudi Arabia, three of the top countries for infrastructure investment are big markets for Indian manufacturers to export their equipment.
With growing urbanization in the South Asian regions like Philippines, Indonesia, Thailand, Vietnam and China emerging as the global leader in infrastructure projects (accounting 60% of global infrastructure spending by 2025) emerging markets have paved way for Indian manufacturers to tap the countries’ infrastructure sector and export heavy construction equipment.
A CK Birla group of company gmmcoindia, one of the leading manufacturers of construction and mining equipment as well as engine power systems for more than four decades is utilizing Infra Bazaar as the platform to export their equipment in the Middle East and South Asian regions. Similarly, Quippo Construction Equipment Ltd. Kolkata - is a well-known auctioneers and evaluators / appraisers for Construction Equipments, Earthmoving machineries, Commercial Vehicles & other assets. To manage the surplus assets of any industry, Quippo offers tailor made disposal services. Company has established its name in the domain of ‘Valuers’ and Auctioneers with its high transparency in its work process (operations & transactions) is also utilizing the platform, along with Raghav Reddy’s Infra Engineers India, Chennai.
With the fast-paced global scenario’s demand creation, we at Infra Bazaar provide a simple, easy and effective one-stop-destination for the infrastructure sector. After all, the key driver of the global economy is infrastructure spending.