Mining & Construction
@ZibiGroup
The mining and construction industries promise a bright future because of government funding, attention to renewable energy sources, and technical improvements.
The introduction of renewable energy sources is expected to significantly soften the mining industry’s prospects, but the construction sector is expected to have a bright future.
Market size:
The Indian mining and construction market is expected to reach INR 8.3 lakh crore (USD 100 billion) in 2024, driven by significant government infrastructure projects and increased investments in mining and construction technologies. This growth is supported by ongoing demand across sectors like roads, metros, and railways
Challenges:
⦿ Increased cost and inflation.
⦿ Financing challenges
⦿ Geopolitical uncertainty
⦿ Environmental and green energy challenges