Equipment
Escorts Kubota Reports 28% Revenue Growth in Q1 FY27, Sees Strong Momentum for Construction Equipment Sector
Escorts Kubota reported a 28% year-on-year rise in Q1 FY27 revenue to ₹3,208 crore and upgraded its tractor industry outlook. The company expects...
Union Cabinet likely to clear incentive scheme for construction equipment manufacturing by August-end
The Union Cabinet is expected to approve a new incentive scheme by August-end to boost domestic construction and infrastructure equipment manufacturing, supporting India's...
Action Construction Equipment posts 22.8% rise in Q1 FY27 profit on strong infrastructure demand
Action Construction Equipment reported a 22.8% increase in standalone net profit to ₹120 crore in the first quarter of the financial year 2026-27,...
India’s Construction Equipment Retail Sales Drop 41% in June 2026; JCB Expands Market Share to 46%
India's construction equipment retail sales declined 41% year-on-year in June 2026 to 5,244 units, while JCB strengthened its leadership by expanding its market...
JCB India Achieves Milestone with Production and Sale of 600,000th Construction Machine
JCB India has reached a major manufacturing milestone with the production and sale of its 600,000th construction machine in the domestic market, reinforcing...
India Construction Equipment Sales Fall 17.5% in May 2026 as Demand Moderates
India's wheeled construction equipment market recorded a 17.5% decline in May 2026, with sales dropping to 5,088 units. Despite the slowdown, JCB, Escorts...
Johnson Lifts Acquires 39 Acres Near Chennai for New Manufacturing Facility
Johnson Lifts has acquired 39 acres in Sengadu near Chennai for ₹125 crore and plans a ₹200 crore investment to expand manufacturing capacity...
Volvo Trucks India Launches FMX Edge Dump Truck For Mining Operations
Volvo Trucks India has launched the FMX Edge off-road dump truck for the mining sector, featuring a 31.2 cubic metre body capacity and...
Action Construction Equipment Q4 Profit Falls 6.45% Despite Sales Growth
Action Construction Equipment reported a 6.45 percent decline in Q4 FY26 net profit to ₹110.91 crore, even as quarterly sales rose 7.13 percent...
India’s Construction Equipment Sales Decline in FY26 Despite Strong Export Growth: ICEMA
India’s construction equipment industry recorded a marginal decline in FY26 sales due to slower infrastructure execution and funding challenges, while exports surged 32...
