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Innovations in wheel loader have focused on improving productivity

Nischal Mehrotra, Sr. Vice President, Sales & Marketing, LiuGong India speaks on the demand and application trends for wheel loaders across.

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

There is a growing interest in electric wheel loaders

Amit Bansal, Director, Sales & Marketing, Building Constructions Products (BCP) Division, Caterpillar India, speaks on the technology and innovation that goes into the design and manufacturing of wheel loaders.

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Wheel Loaders: Loaded with Opportunities

Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.

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