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Building the Future
The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.
CE sales cross one lakh unit mark in FY2022-23
The Indian construction equipment industry recorded an excellent 26 per cent growth YoY with sales crossing the one lakh unit mark in FY2022-23.
Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23
YoY 28.5% growth in domestic sales, 3% growth in exports
Progressive Outlook of the Indian CE Industry
Alternative fuels will be a fair play for the future of the CE industry as the Government is also pushing the same for making India self-reliant.