India CE Industry Ends FY26 on a Steady Recovery Path

21 Apr 2026 CW Team

India’s construction equipment industry closed FY26 on a stable note, reflecting measured resilience and gradually improving momentum. Total sales in Q4 FY26 rose 4 per cent year on year to 42,906 units, extending the recovery seen over the past two years.

Domestic demand for the full year remained under pressure, declining 7 per cent, but exports provided strong support. Overall exports grew 31 per cent, while non-OEM exports increased 13 per cent, highlighting sustained demand from overseas markets.

March 2026 further underlined the recovery, with sales rising 6 per cent year on year and 13 per cent month on month, supported by improving liquidity and stronger project execution.

Segment-wise, Q4 FY26 presented a mixed yet encouraging picture. Earthmoving equipment grew 2 per cent, concrete equipment rose 9 per cent, and road construction equipment recorded a sharp 31 per cent increase. Material processing equipment posted the strongest growth at 105 per cent, while material handling equipment declined 2 per cent.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..