India’s construction equipment market is growing rapidly. But will Chinese OEMs emerge the winners?

When many of us think about fast growing construction equipment markets, the one standout over the last two decades has been China. And certainly, while China has had periods of explosive growth, it has also experienced equally dramatic downturns.

Less showy, perhaps, and often overshadowed by its high-profile neighbor, the overlooked star when it comes to consistent and rapid equipment growth is actually the world’s most populous country – India.