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India’s Primary Steel Producers Expected to Maintain Stable Profitability in FY27 Despite Rising Costs: Crisil Ratings

India's primary steel producers are expected to maintain stable profitability in FY27 despite rising production costs, supported by higher domestic steel prices, safeguard...

ConstructionEquipmentIndiaIndustrialNews

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...

ConstructionEquipmentInfrastructureMarket UpdatesNewsReal Estate

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...

ConstructionEditors PickNewsSteel Daily

Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL

The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...