Growth of Construction Equipment Industry in India - Infographic - IBEFIndian construction equipment revenues on an uptrend. By FY20, construction equipment industry's revenue is estimated to reach to US$ 5 billion. Revenues increased at a CAGR of 8.38 per cent during FY07- 14 and is further estimated to rise at a CAGR of 2.34 per cent between FY07-20, owed to the rapid infrastructure.Building India's Earthmoving and Construction Equipment IndustryIndia's earthmoving and construction equipment (ECE) industry has witnessed healthy growth over the past decade; however, market conditions have become tougher recently. Despite the short-term challenge, we believe the ECE industry's long-term prospects are solid, and we expect to see renewed growth in the next.
Construction Equipment Market in India 2017 - Research On IndiaMay 31, 2017 . According to our latest research report, the construction market in India is expected to grow at a CAGR of 13% over the period FY 2015 to FY 2020. Download the report to get a broad understanding of the construction equipment sector in India.India Construction Equipment Market (2016-2022) - 6WresearchGrowing public & private infrastructure, FDI reforms for construction sector, highway projects and growing economy has led to the overall surge of construction equipment market in India. In comparison with procurement market of construction equipment, rental market in India is at nascent stage but shows higher growth rate.
Growth of Construction Equipment Industry in India - Infographic - IBEF
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