{"id":11899,"date":"2020-10-09T11:24:20","date_gmt":"2020-10-09T11:24:20","guid":{"rendered":"\/blog\/?p=11899"},"modified":"2020-10-30T04:25:59","modified_gmt":"2020-10-30T04:25:59","slug":"will-construction-equipment-finance-market-grow-post-covid-19","status":"publish","type":"post","link":"https:\/\/tata-blog.osian.dev\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/","title":{"rendered":"Will Construction Equipment Finance Market Grow Post COVID-19?"},"content":{"rendered":"\n<p>Economic slowdown, delayed construction\nprojects, muted construction activity, reduction in funds from both the centre\nand state have impacted the construction equipment (CE) industry poorly. As the\noverall economic activity remains on the low, investment in infrastructure\nacross sectors is unlikely to pick up in the near terms. <\/p>\n\n\n\n<p>Especially since the COVID-19 induced\nlockdown, the industry faced a steady decline in revenue as construction sites\nwere forced shut and supply chains were disrupted. Government relief was also\nlimited, as the funds reserved for infrastructural spend were reallocated to\nthe healthcare sector, which worsened the condition of the CE sector\nfurthermore. <\/p>\n\n\n\n<p>Government may also roll back the plans on\ninfrastructure capital expenditure by years due to the increased financial\nstress. Not to mention, the CE industry relies on the construction and\ninfrastructure industries which are already ridden with operation failures and\nreduced cash flow. Revival in demand is likely to be slow.<\/p>\n\n\n\n<p><strong>Additional Read:<\/strong> <a href=\"https:\/\/tata-blog.osian.dev\/blog\/wealth-management\/top-trends-in-construction-equipment-finance-market\/\">Top Trends in Construction Equipment Finance Market<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Demand slowdown<\/strong><\/h2>\n\n\n\n<p>Government and private capital spends have\nbeen the primary drivers of demand in the CE industry. But with liquidity\nstrain in the finance market, both CE sales and rental demand faced a sharp\nfall. Due to the loss of sales and overall economic slowdown, the domestic\nmining and CE (MCE) sector saw a volume downturn of over 20% in the CY2020. <\/p>\n\n\n\n<p>However, the demand forconstruction equipmentsaw\na welcome rise in the rural sectors, in the month of June; mainly driven by\nirrigation, agriculture, mulching, and canal clearing activities. But the\ndemand was only a temporary, short-lived relief. To revive the demand for CE, both\ncentral and state governments are in talks to reopen the highway construction\nprojects and restart the construction activity on a full scale. <\/p>\n\n\n\n<p>Nonetheless, the CE industryis expected to degrow by 15-20% in CY\n2020 states ICRA. If the construction and infrastructure sectors continue to\nface an economic slump, the CE industry will only follow suit. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Loss of buyer confidence <\/strong><\/h2>\n\n\n\n<p>Given the current market scenario,\nconstruction finance will witness an increase in the credit risks. This will\ninevitably cause finance disruptions as borrowers lose out on additional funds\ndue to lack of adequate cash flow and fail to procure the desired equipment. <\/p>\n\n\n\n<p>Most financiers have shifted focus to debt\ncollection instead, especially since RBI first announced the loan moratorium on\nMarch 27. Now, with an increase in bank credit to the sector, CE dealers may\nfind it difficult to secure appropriate funds to keep the sales optimum. <\/p>\n\n\n\n<p><strong>Additional Read:<\/strong> <a href=\"https:\/\/tata-blog.osian.dev\/blog\/wealth-management\/construction-equipment-leasing-vs-financing-which-one-suits-your-business\/\">Construction Equipment Leasing Vs Financing- Which One Suits Your Business<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The bottom line<\/strong><\/h2>\n\n\n\n<p>As uncertainty around COVID-19 continues,\nany conclusive forecasts on the condition of the construction financemarket will be of no avail. To resume\noperations in the CE industry, accessible CE finance will play a crucial role\nto drive the demand for CE but recovery will be slow. A full revival in demand\nis only possible once the coronavirus is contained indefinitely. <\/p>\n\n\n\n<p>For competitive, easy CE finance solutions, you can rely on Tata Capital. Get a lucrative <a href=\"https:\/\/tata-blog.osian.dev\/corporate\/construction-equipment-finance.html\">construction equipment finance<\/a> at attractive interest rates and comfortable repayment terms. Our bespoke solutions cater to your business-specific needs at every step. Contact us to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic slowdown, delayed construction projects, muted construction activity, reduction in funds from both the centre and state have impacted the construction equipment (CE) industry poorly. <\/p>\n<p><a href=\"https:\/\/tata-blog.osian.dev\/blog\/construction-finance\/will-construction-equipment-finance-market-grow-post-covid-19\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":11900,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-11899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog<\/title>\n<meta name=\"description\" content=\"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!\" \/>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog\" \/>\n<meta property=\"og:description\" content=\"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/\" \/>\n<meta property=\"og:site_name\" content=\"TATA Capital Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-09T11:24:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-30T04:25:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tatacapital.com\/blog\/wp-content\/uploads\/2020\/10\/finance-market-grow-post-covid.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tata Capital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tata Capital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/\",\"url\":\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/\",\"name\":\"Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#website\"},\"datePublished\":\"2020-10-09T11:24:20+00:00\",\"dateModified\":\"2020-10-30T04:25:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a\"},\"description\":\"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tatacapital.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Will Construction Equipment Finance Market Grow Post COVID-19?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#website\",\"url\":\"https:\/\/www.tatacapital.com\/blog\/\",\"name\":\"TATA Capital Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tatacapital.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a\",\"name\":\"Tata Capital\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g\",\"caption\":\"Tata Capital\"},\"sameAs\":[\"https:\/\/tata-blog.osian.dev\/blog\"],\"url\":\"https:\/\/tata-blog.osian.dev\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog","description":"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"en_US","og_type":"article","og_title":"Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog","og_description":"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!","og_url":"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/","og_site_name":"TATA Capital Blog","article_published_time":"2020-10-09T11:24:20+00:00","article_modified_time":"2020-10-30T04:25:59+00:00","og_image":[{"width":770,"height":400,"url":"https:\/\/www.tatacapital.com\/blog\/wp-content\/uploads\/2020\/10\/finance-market-grow-post-covid.jpeg","type":"image\/jpeg"}],"author":"Tata Capital","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tata Capital","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/","url":"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/","name":"Will Construction Equipment Finance Market Grow Post COVID - Tata Capital Blog","isPartOf":{"@id":"https:\/\/www.tatacapital.com\/blog\/#website"},"datePublished":"2020-10-09T11:24:20+00:00","dateModified":"2020-10-30T04:25:59+00:00","author":{"@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a"},"description":"Is the Construction equipment finance market expected to grow post COVID? Read here to find out the trends and opportunities post COVID in consutruction equipment finance market. Read now!","breadcrumb":{"@id":"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.tatacapital.com\/blog\/construction-loan\/will-construction-equipment-finance-market-grow-post-covid-19\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tatacapital.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Will Construction Equipment Finance Market Grow Post COVID-19?"}]},{"@type":"WebSite","@id":"https:\/\/www.tatacapital.com\/blog\/#website","url":"https:\/\/www.tatacapital.com\/blog\/","name":"TATA Capital Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tatacapital.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/5ccf99347b9365e2fa68bd32006d0b4a","name":"Tata Capital","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tatacapital.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a6a38ea7397ec3ff4a8dc9b854558dbfc2d1c417498effd79c6186d3edf6ae28?s=96&d=mm&r=g","caption":"Tata Capital"},"sameAs":["https:\/\/tata-blog.osian.dev\/blog"],"url":"https:\/\/tata-blog.osian.dev\/blog\/author\/admin\/"}]}},"featured_image_url":"https:\/\/tata-blog.osian.dev\/blog\/wp-content\/uploads\/2020\/10\/finance-market-grow-post-covid.jpeg","_links":{"self":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/11899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/comments?post=11899"}],"version-history":[{"count":3,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/11899\/revisions"}],"predecessor-version":[{"id":12251,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/posts\/11899\/revisions\/12251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/media\/11900"}],"wp:attachment":[{"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/media?parent=11899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/categories?post=11899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tata-blog.osian.dev\/blog\/wp-json\/wp\/v2\/tags?post=11899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}