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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
RAHSTA Expo 2024 concludes to a grand success
Smart Manufacturing & Enterprises (SME) and Equipment India (EI) host construction equipment (CE) industry leaders to discuss the future of CE industry. The 10th India Construction Festival (ICF) 2024 awards over 75 companies from infrastructure industry. Read more
Sales of Indian MCE industry to fall by 5-7% in FY2025: ICRA
Road construction accounts for 35-45% of MCE sales in India, followed by mining (20-30%), real estate (10-20%) and other sectors (railways, water supply, power etc.).Read more
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