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Construction Equipment Manufacturing (CEM) legislation to come soon stated Girish Shankar, Secretary, Department of Heavy Industry, the bill will concern regulations for construction equipment which are not wheeled and use of spurious parts, which though cheap, is detrimental to the equipment said at an ASSOCHAM event held in New Delhi.

The Industry has to gear up for better quality and adoption of right technology. The government is setting up the experience centre for advanced manufacturing as 4.0 industrial revolutions is already there, said Mr. Shankar while addressing an ASSOCHAM Conference on ‘Construction Equipment' at New Delhi.

"Industry has conveyed to us the problems in leasing, particularly that of multiple taxation". We assure that our department will take up your case with the Finance Ministry, said Mr. Shankar.

India has emerged as one of the most attractive destinations for leading global investors with over 7 percent real GDP growth. The government is laying emphasis to achieve double digit growth, by following proactive, holistic and integrated approach, said Mr. Shankar.

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