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The Rise of India’s Construction Equipment Industry

Driven by increased government spending, rapid urbanization, technological advancements, and the 'Make in India' initiative, the RAHSTA (road) ahead for the construction equipment (CE) industry is bright with full of possibilities and opportunitiesRead more

Indian Construction Equipment industry sales grow by 31% Y-o-Y, volumes doubles since FY 2014

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

Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth

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

ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth

Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. Read more

Indian construction equipment industry up 23% in Q3 FY23

Indian Construction Equipment Manufacturers’ Association (ICEMA), apex association for Construction Equipment (CE) manufacturers in India announced its Q3 FY23 results with shows sales grew by 23 percent YoY growth with 27,817 units of Construction Equipment being sold.Read more

AMF’s zero-point clamping system in limelight at IMTEX

The Germany-based Andreas Maier GmbH & Co KG (AMF), also a leading global player in the fields of clamping, hand tools and locks highlighted its zero-point clamping system at IMTEX 2023.Read more

India’s construction equipment industry witnesses 8% de-growth in FY22: ICEMA

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

Construction equipment sales in India drops by 23% in Q3 FY22: ICEMA

The construction equipment sales suffered on account of multiple factors, the most noteworthy being the significant slowdown in road construction activity, according to the Indian Construction Equipment Manufacturers Association (ICEMA).Read more

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