03
Sep
India’s construction equipment industry is positioning itself as a key pillar of the country’s infrastructure and manufacturing ambitions, with the sector targeting growth from an estimated $10 billion in FY25 to $15 billion by 2030, industry body ICEMA said at its Annual Session 2026 in New Delhi. The session, themed “Machines that Build India — CE at the Heart of a Trillion-Dollar Economy”, brought together Union Ministers H.D. Kumaraswamy and G. Kishan Reddy, NITI Aayog Member Dr. R. Balasubramaniam and senior government officials. Discussions focused on the proposed Construction Infrastructure Equipment (CIE) Scheme, localisation, mining mechanisation, trade and exports. The…
