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Mining, construction equipment industry posts 3% rise in domestic sales; exports surge 31.5%
The domestic mining and construction equipment sector saw sales exceed 140,000 units last fiscal year. Exports experienced a significant jump of over thirty percent, indicating global expansion. This growth is fueled by sustained public investment in infrastructure development across India. The industry is adopting advanced mechanization and new generation technologies for efficiency. India's economic ambitions and focus on critical minerals drive sector opportunities.
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economictimes.indiatimes.com
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Mining, construction equipment industry posts 3% rise in domestic sales; exports surge 31.5%
The domestic mining and construction equipment sector saw sales exceed 140,000 units last fiscal year. Exports experienced a significant jump of over thirty percent, indicating…
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Capex in mining, construction equipment sectors to hit Rs 10 lakh crore by 2030: Report
Capital expenditure for mining and construction equipment will nearly double by 2030. This growth is driven by accelerated infrastructure projects and critical mineral extraction.…