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Kunal Madan, Legal Expert, Solicitor & Advocate, Delhi High Court

The Real Estate is one of the major industries in India thrive on a parallel economy funded by black money. 30% of India's real estate sector is funded by black money. Therefore, this sector is likely to go through a tremendous pain, chaos and restructuring, it will shake up the sector.

There are indications that realty prices may reduce. Many of the home buyers preferred to pay in cash to save taxes, which ranges up to 15%. In addition, there are many suppliers for whom the payment has to be made in cash only. Their payment will be a headache now.

However on the other hand, this step will bring about transparency in the realty sector. It will help curb unaccounted-for cash in the real estate sector and will give the Indian real estate sector more credibility and make it more attractive for foreign investors,”

 

Rajender Garg, Director, Anupam Sinks

The Centre's decision to do away with Rs 500 and Rs 1000 currency notes from midnight Tuesday to fight against black money is a welcome step however it will have a significant negative impact on the working class and small and rural businesses in the short-term.

Over the next month, there will undoubtedly be a significant shortage in cash supply: not just Rs 500 and Rs 1,000 bills, which are being taken out of circulation, but almost every other denomination as well. However our manufacturing sector will get benefited due to increase in money circulation.

India’s larger and new-age companies will have no problems in making the switch to Rs 2,000 notes.

 

With the growing need of power by the households as well as several industries, there is a huge potential for power industry and the several new power projects planned will eventually increase demand for cranes

Tushar Mehendale
Managing Director, ElectroMech Material Handling Systems India Pvt Ltd

For us it’s imperative that we produce machines that are at a level of quality that our customers expect, says Dimitrov Krishnan, Vice President and Head of Volvo Construction Equipment India

The construction sector plays vital role in the growth of the economy, says Nischal Mehrotra - Director Sales and Service, LiuGong India Pvt. Ltd. In an interview with C&A Magazine he gives the insights of growing excavator market in India.

"Our farm and manufacturing sectors should be innovation driven- with accent on Research, Design, and Development. This aspect is sadly missing today”

N. SRINIVAS 
MENTOR FOR LLOYD INSULATIONS (INDIA) LIMITED

PEBS Pennar has served wide range of clientele in sectors like aircraft hangars, cold storages, showroom, sport stadium, multi-storey, cold form structures, ware houses with its Green innovations like Heat Island effect, Skylights, Regional Materials Usage, Insulated metal panels etc.

The foundation of Tata Technologies is the Legacy of Trust that is the hallmark of the Tata Group. Since 1989, Tata Technologies professionals have been contributing engineering and design services to the world’s leading manufacturers.

Today’s organization results from the combination of the integrity and entrepreneurial spirit of three pioneering organizations. At the same time that Tata Technologies was distinguishing itself in India as an engineering organization, INCAT, based in the UK, was developing a reputation as a world leader in engineering and design staffing to the world’s top automotive OEMs. All this while Integrated Systems Technologies (IST) was establishing itself as North America’s fastest growing and most forward thinking systems integrator and Product Lifecycle Management (PLM) software solutions provider.

In 1998, INCAT and IST merged to form INCAT International, a global product solutions and services provider serving the automotive and aerospace industries worldwide. In late 2004, INCAT plc became a publicly traded company on the London Stock Exchange and, within a year, was acquired by Tata Technologies. That move created a unique global provider of Engineering Services Outsourcing (ESO), Product Development IT services and PLM solutions with combined expertise, resources and experience that are unequalled in the industry

Cranes have long contributed to the development of towns, cities, and nations and ultimately to the foundations for an affluent future. The history of hydraulic cranes in Japan started in 1955 with the TADANO’s development of the OC-2 truck crane. TADANO started exporting the products overseas in 1960 and created first overseas subsidiary in 1973. Since then, TADANO has been advancing along with the worldwide development of business and established a solid international position in the field of hydraulic cranes. Now TADANO is aiming to achieve a new growth trajectory by expanding business and domain to become the No.1 manufacturer of Lifting Equipment. Not only in cranes, but in machinery and equipment reflecting the concept of mobile, gravity-defying equipment for aerial work, that is Lifting Equipment

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