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Looking at 10-15% revenue growth for this year: Action Construction Equipment

ET NOW spoke to Sorab Agarwal, Executive Director, Action Construction Equipment to better understand the outlook on construction activity, the impact of the second wave and future growth projections. The company operates across infrastructure, construction, manufacturing, logistics, and agri sectors and exports to over 25 countries across the Middle East, Africa, Asia, and Latin America. “Construction activity had slowed down drastically in April-May but now has picked up steadily with things opening up. Agarwal flagged off the concerns due to rising steel prices. “Steel has been playing havoc with rising prices to input costs. We took a price hike last year and will be forced to take price hike in mid-June of around 5-10% on different products.”

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