Construction equipment industry sees marginal fall in total sales in FY26: ICEMA.

The article focuses on the performance of the Indian construction equipment industry in the financial year 2025-26 (FY26), as reported by the Indian Construction Equipment Manufacturers' Association (ICEMA). It highlights a 2% decline in total sales to 136,995 units, driven by a 7% drop in domestic sales due to project delays, slower infrastructure execution, and cautious buying sentiment. Despite this, exports grew by 32%, and India remains the world's third-largest construction equipment market, projected to reach $14.76 billion by 2030. Segment-wise, earthmoving equipment dominated but declined slightly, while road construction and material processing equipment showed modest growth. The industry faced challenges including a seven-year low in national highway construction, slowed progress in the Jal Jeevan Mission, and liquidity issues from contractor payment delays. [Extracted from the article]