India Construction Equipment Market [2029] - Analysis, Trends, & Insights
According to TechSci Research report, “ India Construction Equipment Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the India Construction Equipment Market stood at USD 7.1 Billion in 2023 and is anticipated to grow with a CAGR of 5.03% in the forecast period, 2024-2029. The India Construction Equipment Market is experiencing robust growth, primarily fueled by the ongoing infrastructure development and rapid urbanization projects across the country. With the Indian government's initiatives to develop smart cities, modernize highways, and expand metro networks, the demand for construction equipment has witnessed a significant upsurge. Moreover, the surge in residential and commercial construction activities, driven by the growing population and rising urbanization, has further propelled the market expansion. Furthermore, the construction and infrastructure sector in India has witnessed substantial investments...