The CEA (Construction Equipment Association) is busy finalising its ‘Money, Markets and Machines’ conference mapping the future of the Construction Equipment industry. As with all the previous CEA conferences, a number of key speakers from the construction and related industries will be sharing their business experiences with like-minded delegates, which include professionals from construction equipment manufacturers, suppliers, distributors, and other associated organisations.
India’s massive highway expansion programme is continuing, boosting the country’s construction industry. The National Highway Authority of India (NHAI) awarded contracts for some 4,375km of roads in the first nine months of 2012, with the work worth an estimated total of some US$70 billion. With this strong construction sector, prospects are also good for the upcoming bC India construction equipment exhibition in February 2013 in Mumbai. This news is a welcome change following a slowing of new Indian road p
Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group.
He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group.
He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important