Market Brief
India's Infrastructure Projects Boost Construction Machinery, Equipment Market, an Industrial Info Market Brief
India's growth in transportation, urban and rural infrastructure are driving demand for domestic earth-moving and construction equipment
Released Tuesday, March 03, 2020
India's growth in transportation infrastructure (roads, rail, airports, ports), urban infrastructure (mass rail transit systems, water supply and sanitation, urban housing) and rural infrastructure (rural roads, irrigation, rural housing) are driving demand for domestic earth-moving and construction equipment.
India's construction equipment sector saw improved sales following a revival in government projects in the last quarter of 2019, with further investments expected by original equipment manufacturers (OEM).
Industrial Info is tracking 12 projects in the construction machinery and equipment sector, worth more than $300 million. Click here for a list, and see map below.
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