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L&T Partners with France’s FAYAT Road Equipment to Market BOMAG’s Specialised Road Construction Equipment in India

Larsen & Toubro has partnered with FAYAT Road Equipment Division India to market BOMAG road milling machines, soil stabilisers and cement spreaders in...

ConstructionEquipmentIndiaMarket UpdatesMetalNewsSteel Daily

India’s Construction Equipment Industry May See Single-Digit Growth in FY27: ICEMA

India’s construction equipment industry may see single-digit growth in FY27 as steel and bitumen prices,geopolitical uncertainty and infrastructure execution challenges weigh on demand.

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India Plans $1.2 Billion Incentive Scheme to Boost Advanced Construction Equipment Manufacturing

India is preparing a $1.2-billion incentive scheme to boost domestic manufacturing of advanced construction equipment, including TBMs, firefighting systems and elevators.

ConstructionEquipmentIndiaIndustrialNewsResults

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...

ConstructionEquipmentGovernmentIndiaNews

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...

ConstructionEquipmentIndiaIndustrialMarket UpdatesNews

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,...

ConstructionEquipmentIndiaIndustrialMarket UpdatesNews

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...

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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...

ConstructionEquipmentIndiaIndustrialMarket UpdatesNewsResults

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...

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Gadkari Announces New Bill to Strengthen India’s Construction Equipment Industry

Nitin Gadkari announced a new Bill to strengthen India’s construction equipment industry by promoting local manufacturing, curbing Chinese imports, and supporting clean fuel...