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Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

Vision 2030 Drives Growth

The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.

Volvo CE Dominates Excon 2023 with Largest Electric Machine Showcase in India

Volvo CE India takes a monumental step towards sustainability at Excon 2023,

Volvo CE Dominates Excon 2023 with Largest Electric Machine Showcase in India

Volvo CE India takes a monumental step towards sustainability at Excon 2023

No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

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.

Powering up the Earth

The need for earthmoving equipment is expected to increase due to the nation's fast urbanisation and infrastructure development requirements

Steering the market

Skid-steer loaders segment is one of the only few segments that has shown an increase in sales in 2022 as compared to 2021. The enormous growth in the market value of the construction sector will further fuel the nation's high demand for skid steer loaders.

Creating Compact Foundations

The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.

The importance of construction automation has grown rapidly

Himanshu Sharma, Head – Marketing & Corporate Communication, B&R Industrial Automation, speaks on the emerging technology trends in earthmoving equipment.

On track: double-digit growth

Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Innovation has been cornerstone of JCB’s operations

In our exclusive, Deepak Shetty, Deputy CEO & Managing Director, JCB India Limited, tells us how the construction equipment industry in general and JCB in particular have been emerging through the year of the pandemic.

TECH-MOVES

With the government plans to invest Rs 102 trillion in infrastructure development in the next five years, the demand for construction equipment will be immense.

Hallelujah! It's raining orders

The larger picture of various market researches shows growth for the construction equipment (CE) industry.

New year, New opportunities

The CE market is on a role with a lot of actions in the infrastructure development underway while many are in the pipeline. The new year is definitely a year of opportunity for CE industry in India considering the new life the infrastructure has gained after the corrective actions of the government on the bottlenecks in various projects.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

The Earth Movers and Shakers

As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.

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