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.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..