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Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

CE industry: On the road to recovery

The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.

Compact and powerful

With the growth drivers of urban and rural infrastructure markets opening up, mini construction equipment segment is looking for a renewed growth in the coming years.

Indian CE Market Overview

The market for construction equipment will follow an upward trend in the next five years.,

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