India’s construction equipment market is growing rapidly. But will Chinese OEMs emerge the winners?
14 March 2025
India’s construction equipment market is not just growing — it is evolving. With rapid urbanisation, massive infrastructure projects and a shift towards advanced technology, the country is outgrowing all other markets. With data sets supplied from Off Highway Research, commercial vehicle consultancy, abcg’s Alan Berger and Robert Droogleever examine the key takeaways.
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…
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