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The Construction Equipment Industry is a key enabler of Government’s flagship infrastructure projects such as the Rs. 111 Lakh Crore National Infrastructure Pipeline and the Rs. 100 Lakh Crore PM Gati-Shakti National Master Plan.
Construction Equipment (CE) Vision Plan 2030 envisages a 3X growth in volumes between FY20 & FY30, implying that ~3 million CE operators and mechanics will be required to operate & service Infrastructure equipment between FY20 & FY30.