According to a Research and Markets analysis, the construction equipment (CE) market in India is expected to grow at a CAGR of 18.52 per cent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing investment in infrastructure development. The CE market in India has also been witnessing an increasing focus on R&D. However, the fluctuation in raw material prices could pose a challenge to the growth of this market.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the CE market in India and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.