‘Above normal’ rainfall, govt’s infra push to drive double-digit growth in construction equipment demand: ICEMA

Industry stakeholders anticipate increased demand for construction equipment this year, fueled by predictions of above-normal rainfall benefiting rural markets and the government's infrastructure focus. ICEMA expects double-digit growth after a modest 3% increase in FY25, with 140,000 units sold. JCB India had a record year, exporting over 10,000 machines to America.