India is currently the fourth- largest construction equipment market in the world; its share in the global demand has grown from three per cent in 2006 to six per cent in 2010, and is likely to further grow to eight per cent by 2015.
Mahindra & Mahindra (M&M), India?s leading utility vehicle and tractor manufacturer, announced its entry into the construction equipment business with the launch of the Mahindra EarthMaster backhoe loader.
In its endeavour to promote quality and speed of construction, Suretech has joined hands with Miller and Webster of UK and All Kor Company of Korea for various excavator attachments.
In its ambitious drive to become one of the top ten construction equipment makers in the world, LiuGong is expanding its manufacturing and support capabilities in an aggressive way.
With some of the most innovative products in the market and an enviable global reputation, Volvo Construction Equipment will present its new product lines at Conexpo?Con/AGG 2011.
Mining and quarrying activities have contributed significantly to growth, primarily in the sales of large-sized equipment over the last few years. Equipment India finds out the details from some of the major players in the segment.
LiuGong Machinery Corp, the leading global China-based heavy construction equipment manufacturer, continues its juggernaut-like growth, posting record sales, profits and export volumes during the first half of 2010, company officials reported.