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The Indian construction industry is set to expand at a compound annual growth rate of 4.16% from now to 2021, an improvement on the 3.95% annual growth recorded over the period 2012-2016.
In November, Simola Tiles will start up a Lamgea 22000t press for the production of ceramic panels in sizes up to 120x240 cm and with thicknesses from 6 to 20 mm.
This year the Indian economy has once again maintained growth levels above 7% and investments in infrastructure remain the main growth driver. The Indian government is expected to allocate 3-4% of the country’s GDP to infrastructure investments to ensure annual economic growth of between 7% and 8%.
The 12th edition of the show set a new record in terms of attendance, attracting a total of 7,110 visitors from 27 different countries (12% more than 2016).
The show will be held from 1 to 3 March at the Gujarat University Exhibition Centre in Ahmedabad. 22 Italian companies will be taking part at the exhibition.
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