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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
CRISIL forecasts a 35% surge in road and renewable energy investments by 2024
The report highlights that favourable policies, escalating investor interest, and effective project implementation will contribute to this capital outlay expansion in these sectors.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
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
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
Dynapac inaugurates new manufacturing plant in Pune
Dynapac India unveiled its new manufacturing facility in Pune for its road construction equipment. The facility was inaugurated by Jean-Claude Fayat, President and CEO, Fayat Group.Read more
