Mining and Construction Equipment Industry Records 3% Growth in Domestic Sales, Exports Jump 31.5%
India’s mining and construction equipment industry registered a 3% increase in domestic sales, while exports witnessed a robust 31.5% year-on-year surge, reflecting strong international demand and steady momentum in infrastructure and mining activities.
The industry’s growth has been supported by continued investments in infrastructure development, road construction, urban projects and mining operations across the country. Rising demand for excavators, loaders, dump trucks, cranes and other heavy machinery has contributed to improved domestic sales during the period.
The sharp rise in exports highlights the growing competitiveness of Indian equipment manufacturers in global markets. Companies have expanded their presence across Asia, Africa, the Middle East and Latin America by offering cost-effective and technologically advanced machinery tailored to diverse operating conditions.
Industry experts attribute the export growth to improved manufacturing capabilities, increased localisation, supportive government policies and stronger demand from developing economies undertaking large-scale infrastructure and mining projects.
Manufacturers are also investing in digital technologies, automation, fuel-efficient equipment and electric-powered machinery to meet evolving customer requirements and stricter environmental standards. The adoption of advanced technologies is expected to enhance productivity while reducing operating costs for end users.
The mining and construction equipment sector plays a crucial role in supporting India’s infrastructure ambitions and mineral development. Industry stakeholders remain optimistic about sustained growth, driven by ongoing public and private investment, expanding export opportunities and the government’s continued focus on capital expenditure and industrial development.