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ICEMA expects increased road building and mining taking post the coal auctions to push sales of construction equipment in the country. Srei Equipment Finance Ltd, which finances construction equipment and also leases them to customers, says that smaller firms are increasingly leasing or buying equipment to execute projects across India.
India Construction Equipment Market (2016-2022) Market Forecast by Equipment Types (Material Handling Equipment, Earthmoving Equipment, Concrete Equipment and Construction Vehicle), Applications (Construction and Mining & Quarrying), Rental Equipment Market and Regions (North, South, East, West, Central and North-East)
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Major players in the construction equipment market are Caterpillar (US), Volvo Construction Equipment (Sweden), CNH Industrial (the Netherlands), Komatsu (Japan), John Deere (US), Liebherr (Switzerland), Terex (the US), Hitachi Construction Equipment (Japan), JCB (the UK), and Zoomlion (China).
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6 Feb 2015 , Mining & construction equipment industry's sales to resume growth in 2015-16 Losses to reduce during the , Iron ore mining activity had been affected in Karnataka, Goa, Odisha and Jharkhand In addition, the Supreme Court ordered to scrap 214 illegal coal blocks allocations Besides, companies like.
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The total number of working coal mines as on date are 572, in the oil sector there are 29 oil projects excluding installations off-shore beyond territorial waters. As far as …
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