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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...

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...

ConstructionEquipmentExportimportIndiaIndustrial

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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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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Construction Equipment Industry Records Highest H1 Growth in Three Years

India’s construction equipment (CE) industry achieved its highest first-half growth in three years, driven by robust government infrastructure investments and rising exports. According...