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Indian construction equipment industry set for double-digit growth due to expected rainfall and infrastructure projects.
The Indian construction equipment industry is forecast to see double-digit growth this year due to expected above-normal rainfall and government infrastructure projects.
According to ICEMA President designate Deepak Shetty, the rural market will benefit from the rainfall and increased construction activity.
Despite a modest 3% growth last year, with 140,000 units sold, JCB India had a record year, exporting over 10,000 machines.
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La industria india de equipos de construcción espera un crecimiento de dos dígitos debido a las precipitaciones previstas y a los proyectos de infraestructura.