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Construction Equipment Sector Bets on Revival in Govt Spending

India's construction equipment industry has seen an abrupt slowdown this year, but the industry remains bullish, reassured by the government's development agenda.

21 Feb 2025 | 3853 Views | By Shahkar Abidi

India's construction equipment industry has seen a marked slowdown in the current financial year, falling to a growth rate of just 3% for the first half from 25% in FY24. However, even as this sudden decline has caused some inconvenience for major players, industry leaders remain confident of the medium-term ...

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