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631.00 Dollar US$ Companies that manufacture heavy earthmoving equipment Sriperumbudur
- Location: Sriperumbudur, Sriperumbudur, Tamil Nadu, India
India manufactures a wide variety of heavy earth-moving equipment for unique applications. Earth-moving equipment definitely constitutes the biggest segment and accounts for nearly 60% in the overall construction equipment category.
The major drivers of heavy earth-moving equipment in India are mining and construction. Within these industries, the key demand drivers are road construction, urban infrastructure, irrigation, and real estate.
While the demand for earth-moving equipment is already met by around 250 domestic manufacturers (small, medium, and large). Yet, the top six players account for the majority of the market.
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