Guangzhou Shenfeng Iron and Steel Industry Co Ltd, based in Guangzhou, China, has recorded steady business growth for its crane rental division in its 2015

GDL Group´s revenue from operations increased from Rs 1,233 crore in 2014-15 to Rs 1,291 crore in 2015-16. EBITDA has gone down from Rs 238 crore to Rs 183 crore.

PNC Infratech has been declared as the lowest bidder for a contract in Uttar Pradesh for resurfacing the runway at an Air Force station, near Lucknow.

After a lull in the market in 2015-16, the construction equipment industry in India is looking northwards with some 46,000 units expected to be sold in 2016. Global sales of construction equipment declined more than 10 per cent in 2015 compared to 2014.

Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.

India is considered a rapidly growing market for the global construction-machinery industry: Some 46,000 units are expected to be sold there in 2016. Last year, global sales of construction machines declined more than 10 per cent compared to 2014.

The warehouse market in India is growing faster than the GDP. It will continue to grow at a CAGR of 12-13 per cent in the coming years and is largely dominated by unorganised sector (90 per cent).

The government is looking to harness the country´s 50,000 km of sea and river fronts as waterways

PNC Infratech has said that it has bagged a Rs 868.5-crore contract for four-laning of a road project in Uttar Pradesh.