'India's construction equipment industry set to double by 2030': JCB India's Deepak Shetty
With India eyeing the No. 2 spot in the global tally by 2030, the country's construction equipment industry is set to double in size over the next five years, with the sector anticipated to register double-digit growth next year.
31 May 2025
10353 Views
Share -
India, which is now the third-largest construction equipment market in the word, is aiming for the No. 2 spot by 2030, and is anticipating robust growth over the next five years.
In this interview, Deepak Shetty, MD and CEO, JCB India, and President Designate, ICEMA, says that the country's construction equipment sector will double in size by 2030, and is poised to register strong double-digit growth both in domestic and exports performance next year.
VIDEO:
RELATED ARTICLES
Video - Rural India Powers the Aftermarket: ACMA’s Sriram Viji
Mukul Yudhveer Singh
06 Feb 2026
As vehicles become increasingly electronics-led, India’s automotive aftermarket is seeing its next growth wave emerge fr...
Video: Electronics Will Become Part of the Auto Aftermarket Over Time, Says ACMA President
Mukul Yudhveer Singh
05 Feb 2026
Electronics will steadily enter India’s automotive aftermarket as vehicles age and replacement demand rises, even as tra...
Video: Ashok Leyland Says Electronics are Redefining BS6 Heavy Trucks
Mukul Yudhveer Singh
03 Feb 2026
As India leapfrogged from BS4 straight to BS6, heavy trucks quietly crossed a tipping point. Emissions compliance was on...
