Construction Equipment Sector to See 2–4% Growth: Crisil

14 Nov 2025 CW Team

India’s domestic construction equipment industry is expected to post modest volume growth of 2–4 per cent in both FY26 and FY27, despite subdued demand caused by slowing real estate activity and a deceleration in road construction, according to Crisil Ratings.

Revenue for manufacturers is projected to rise by 6–8 per cent over the same period, aided by selective price increases that are helping offset higher compliance costs. Strong export realisations and stable steel prices are also expected to cushion pricing pressures from low-cost imports, limiting the contraction in operating margins to around 11 per cent, compared with 12 per cent last fiscal year.

Crisil’s assessment, based on an analysis of 17 manufacturers representing nearly three-fourths of the industry’s volume, indicates that prudent capital expenditure will keep leverage under control and maintain stable credit profiles.

Demand for construction equipment is primarily led by the roads, mining and real estate sectors, along with railways, water supply and power. Earthmoving machinery continues to dominate the product mix, accounting for 70 per cent of total volumes. Material handling equipment makes up 12 per cent, concrete equipment 10 per cent, road equipment 5 per cent and material processing machinery 2 per cent.

In FY25, domestic sales contributed 90 per cent of overall industry volumes, with exports comprising the remaining share.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..