Construction equipment sales rise 5% to 28,902 units in Q1 FY25: ICEMA

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Construction equipment sales rise 5% to 28,902 units in Q1 FY25: ICEMA - Business Standard

Quick Summary:

India's construction equipment industry witnessed a 5 per cent rise in sales to 28,902 units during the April-June quarter of 2024-25, a report said on Friday.

"The first quarter sales of construction equipment in FY2024-25 grew 5 per cent on a year-on-year basis from 27,577 units in Q1 FY2023-24 to 28,902 units in Q1 FY2024-25," it said.

As per the data released by the Indian Construction Equipment Manufacturers' Association (ICEMA), the construction equipment (CE) industry had sold 27,577 units in the same period of the previous fiscal.