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India to Remain Among World’s Fastest-Growing Steel Markets in FY27: India Ratings

India will remain one of the world's fastest-growing steel markets in FY27, driven by infrastructure spending, construction activity and manufacturing demand, according to...

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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...

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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...

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India’s Industrial Output Rises 4.9% in April as Manufacturing Growth Accelerates Under New IIP Series

India’s industrial output grew 4.9% in April under the revised IIP series, led by strong manufacturing growth of 6.2% and a sharp rise...

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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...

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Construction Equipment Financing Key to India’s Infrastructure Growth, Says Kumaraswamy

Union Minister H D Kumaraswamy highlights the importance of a resilient construction equipment financing ecosystem to accelerate infrastructure expansion, manufacturing growth and India’s...

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Budget 2026 Pushes Domestic Construction Equipment Manufacturing with Rs 200 Crore CIE Scheme

Budget 2026 introduces a Rs 200 crore scheme to strengthen domestic manufacturing of construction and infrastructure equipment, aiming to reduce import dependence and...

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L&T Q3 FY26 Results: Profit Dips on One-Time Provision, Revenue and Orders Stay Strong

Larsen and Toubro reported a marginal decline in Q3 FY26 net profit due to a one-time labour code provision, even as revenue growth...

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UltraTech Cement Q3 FY26 Profit Rises 27%, Beats Street Estimates

UltraTech Cement reported a strong Q3 FY26 performance with a 27% year-on-year rise in net profit to Rs 1,729 crore, driven by higher...

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CASE Construction Equipment Bets Big on India as Infrastructure Push Gains Pace

CASE Construction Equipment is optimistic about India’s construction equipment market, banking on higher infrastructure spending, a rebound in demand and deeper regional presence...