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There is a dramatic pick-up in road-building equipment sales

The government’s drive to improve infrastructure and energy supply is facilitating economic growth, which is in turn is giving a fillip to the construction equipment industry.Read more

Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL

The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more

Louis Berger awarded Versova-Bandra Sea Link project management contract in India

Louis Berger was recently awarded a INR109 crore (17 million USD) contract by the Maharashtra State Road Development Corporation (MSRDC) to provide project management services for the Versova-Bandra Sea Link (VBSL). Construction is estimated to cost INR 6,000 crore (1 billion USD) and will take 54 months to complete.Read more

Continental contributes intelligent intersection technology for smart cities in US

Technology company Continental is committed with its advanced driver assistance, Vehicle-to-X communications, and sensor technologies to turn today’s dangerous intersections into safer, more intelligent intersections.Read more

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