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Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
On a Smooth Path
As roads and highways construction continues to be on the top gear, more mechanisation is taking place in rural roads with motor graders finding more traction in the coming years.
The Superstar Equipment
Backhoe loaders have been the superstar of construction equipment as well as the material handling industry since quite a long time. Be it building sites, roadwork areas or places where earthmoving is required, backhoe loaders can be spotted everywhere.
CE Industry in India | Trends
India is on the fast lane to becoming a global manufacturing hub with the PM?s Make in India initiative. Infrastructure being an integral part of the initiative directly provides a boost to the CE manufacturing industry.