According to 6Wresearch, India Construction Equipment Market revenues are projected to grow at a CAGR of 10% during 2019-25. Rapid urbanization, growing population, increasing government spending in infrastructure projects as well as inflow of foreign direct investment are the major drivers boosting the demand for construction equipment in the country. India construction equipment market is an import driven market, especially in higher-tonnage load capacity segment. Although, some of the construction equipment are assembled and manufactured in India as well.
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"India Construction Equipment Market (2019-2025)" report provides an in-depth analysis with 83 figures and 5 tables covered in 140+ pages. The report estimates and forecast overall India construction equipment market by revenues, by equipment types such as material handling, earthmoving, concrete equipment and construction vehicle segment. The report also offer insights on price trends, market trends, competitive landscape, company profiles, players market share, market drivers and restraints.
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