GMMCO Targets 20% Revenue Growth in 2026
Cement

GMMCO Targets 20% Revenue Growth in 2026

GMMCO, one of India’s leading distributors of construction and mining equipment, has set a target of 20 per cent revenue growth in 2026, underscoring strong demand prospects in the infrastructure and industrial segments. Chandrashekar V, Managing Director and Chief Executive Officer of GMMCO, highlighted the company’s confidence in capturing expanding market opportunities as the construction equipment sector gathers momentum across India’s development programmes.

The growth objective reflects expectations of robust equipment sales as infrastructure projects accelerate, supported by public and private investment in roads, urban development, mining and energy sectors. GMMCO’s strategy is focused on broadening its product mix, strengthening after-sales support and leveraging synergies across key market segments to enhance operational performance and market share.

With the industry outlook improving, the company anticipates higher demand for excavators, loaders, cranes and ancillary machinery, driven by renewed activity in construction and related industries. The 2026 revenue growth plan aligns with GMMCO’s long-term business objectives and reflects broader confidence in India’s infrastructure-led economic momentum.

GMMCO, one of India’s leading distributors of construction and mining equipment, has set a target of 20 per cent revenue growth in 2026, underscoring strong demand prospects in the infrastructure and industrial segments. Chandrashekar V, Managing Director and Chief Executive Officer of GMMCO, highlighted the company’s confidence in capturing expanding market opportunities as the construction equipment sector gathers momentum across India’s development programmes. The growth objective reflects expectations of robust equipment sales as infrastructure projects accelerate, supported by public and private investment in roads, urban development, mining and energy sectors. GMMCO’s strategy is focused on broadening its product mix, strengthening after-sales support and leveraging synergies across key market segments to enhance operational performance and market share. With the industry outlook improving, the company anticipates higher demand for excavators, loaders, cranes and ancillary machinery, driven by renewed activity in construction and related industries. The 2026 revenue growth plan aligns with GMMCO’s long-term business objectives and reflects broader confidence in India’s infrastructure-led economic momentum.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->