Home » Revival prospects

Tag: Revival prospects

Post
India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects

India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects

However, the industry anticipates higher infrastructure capex in the Union Budget 2026-27 alongside accelerated project awards. Domestic demand for construction equipment in India faced headwinds in FY2025-26, with sales remaining subdued. According to the latest industry data reported by the Indian Construction Equipment Manufacturers Association (ICEMA), domestic construction equipment sales declined 9 per cent from...