Compact machines span mini excavators, mini compactors (rollers) and skid-steer loaders. All eyes are on this niche segment in India because demand for compact machines has been growing contrary to the overall declining trend in the construction equipment industry.
Last year, demand for construction equipment was down around 20 per cent while the market for compact equipment was up by 20 per cent, observes Ramesh Palagiri, Managing Director & CEO, Wirtgen India.