New Delhi, May 8 (IANS) India’s construction equipment industry remained resilient in FY26 and it posted a robust 31.5 per cent surge in exports even as domestic sales eased, a report said on Friday.The report from Indian Construction Equipment Manufacturers’ Association (ICEMA) said exports growth helped the sector remain resilient despite slower infrastructure execution and project delays.India continues to remain the world’s third-largest construction equipment market, with the sector e…
Latest Construction Equipment Industry News & Updates
New Delhi, Feb 25 (IANS) Union Minister for Heavy Industries and Steel, HD Kumaraswamy, on Wednesday said the government’s allocation of Rs 12.2 lakh crore as capital expenditure (capex) in the Budget for 2026-27 would propel India’s construction equipment industry towards global leadership.He underscored the critical role of a robust financing architecture in accelerating India’s infrastructure and manufacturing ambitions, while addressing the Annual Construction Equipment Finance Conclav…