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Market Brief

Report: India to Become Third-Largest Construction Equipment Market Globally by 2022, an Industrial Info Market Brief

India will become the third-largest largest global market for construction equipment by 2022, according to a report by India Brand Equity Foundation (IBEF).

Released Tuesday, July 30, 2019

Report: India to Become Third-Largest Construction Equipment Market Globally by 2022, an Industrial Info Market Brief

India will become the third-largest largest global market for construction equipment by 2022, according to a report by India Brand Equity Foundation (IBEF). India is developing its infrastructure through initiatives like "Housing for All" and "Smart City Mission." Industrial info is tracking 128 operational construction machinery and equipment plants with 492 functional contacts in India. Click here for the list of plants and see graph below.

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