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Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more
Currently the world’s third-largest market for construction equipment, India’s CE industry is valued at approximately $10 billion (FY24).Read more
The construction equipment industry records increase in domestic sales for FY 24 by 24%; exports by 49%.Read more
Excon showcased the latest in construction technology, reflecting India’s commitment to revolutionising the industry and establishing itself as a global leader in machinery innovation.Read more
The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more
Indian Construction Equipment Manufacturers Association (ICEMA) is the nodal body representing the Construction Equipment industry (OEMs, suppliers and financial institutions) in the country and is affiliated to Confederation of Indian Industry (CII). V Vivekanand, President of ICEMA and of Managing Director at Caterpillar India, in this interview, shares the current outlook of Indian CE industry while emphasising on the need of technology adoption. The association also launched ICEMA CE TechnolRead more
Indian Construction Equipment Manufacturers Association (ICEMA) shares a quarterly sales report of Indian Construction Equipment industry which showed a growth momentum with increased domestic sales for 27,423 units while 2,655 units were exported.Read more
Total equipment sales in Q2 24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. Of these, domestic sales accounted for 27,423 units while 2,655 units were exported.Read more
Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more
While earthmoving equipment & road construction equipment experienced 14% & 10% decline respectively, other three segments (namely material handling, material processing and concrete equipment) registered positive growth during FY22.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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