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CRISIL Sees Moderate 2–4% Growth for Construction Equipment Sector as Revenue Outlook Remains Positive

India’s construction equipment industry is expected to witness subdued volume growth over the next two financial years, according to the latest assessment by...

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Escorts Kubota Construction Equipment Sales Decline 19% in September, Recovery Expected with Festive Season Boost

Escorts Kubota’s construction equipment sales fell 19% in September 2025 to 413 units, hit by monsoon disruptions and project delays. Festive demand and...

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Safeguard Duty on Steel Imports May Halt Construction Equipment Industry, Warns ICEMA

The Indian Construction Equipment Manufacturers Association (ICEMA) has sounded a warning over a proposed 12% safeguard duty on steel imports, stating that it...