Construction Equipment Sales Surge 26% to 135,650 Units in FY24: ICEMA
Equipment

Construction Equipment Sales Surge 26% to 135,650 Units in FY24: ICEMA

In fiscal year 2024, sales of construction equipment witnessed a notable surge, rising by 26% to reach 135,650 units, according to data from the Indian Construction Equipment Manufacturers' Association (ICEMA). This substantial increase reflects a robust demand for construction machinery and equipment, driven by various infrastructure projects and construction activities across the country. The surge in sales signifies positive momentum in the construction sector, indicating increased investment and activity in infrastructure development, real estate, and other construction-related industries. This growth in construction equipment sales is a positive indicator for the overall economic landscape, suggesting resilience and potential for further expansion in the construction sector.

In fiscal year 2024, sales of construction equipment witnessed a notable surge, rising by 26% to reach 135,650 units, according to data from the Indian Construction Equipment Manufacturers' Association (ICEMA). This substantial increase reflects a robust demand for construction machinery and equipment, driven by various infrastructure projects and construction activities across the country. The surge in sales signifies positive momentum in the construction sector, indicating increased investment and activity in infrastructure development, real estate, and other construction-related industries. This growth in construction equipment sales is a positive indicator for the overall economic landscape, suggesting resilience and potential for further expansion in the construction sector.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?