ICEMA
India’s Construction Equipment Exports Set to Cross 20,000 Units in Financial Year 2026–27
India’s construction equipment exports are projected to reach 20,701 units in Financial Year 2026–27, driven by rising demand from Europe, the US, Australia...
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.
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...
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...
Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO
The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...
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...
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...
