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India's MCE industry set for 70-80% expansion in 5 years: ICRA
The MCE industry, driven by the country’s infrastructure-led growth, has already witnessed a compound annual growth rate (CAGR) of 12% over the past decade (FY2015-FY2024), reaching 136,000 unit sales in FY2024.Read more
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.Read more
On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
Roads & Highways Builders book RAHSTA Expo
India’s Largest Road Construction Expo has attracted exhibitors from all over India and has been sold out in Mumbai for Oct 9-10 at Jio World Convention CentreRead more
ACE receives 285 special forklifts and 6 rough terrain cranes orders from MoD
This is part of the Make in India initiative.Read more
Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA
Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more
India's construction equipment sector to touch $25 billion by 2030; ICEMA
Currently the world’s third-largest market for construction equipment, India’s CE industry is valued at approximately $10 billion (FY24).Read more
Case India launches the first Skid Steer Loader for the Indian market
Case India has handed over the SSL – SR130B machine to the first Indian customer, Global Enterprises based in Pune. Read more
Construction equipment sales in India up by 26% in FY24: ICEMA
The construction equipment industry records increase in domestic sales for FY 24 by 24%; exports by 49%.Read more
PG Technoplast unveils integrated AC manufacturing facility in Rajasthan
The brand-new facility, spanning an impressive 200,000 sq ft manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0TRead more