India’s mining and construction equipment industry continued its growth momentum in FY26, with domestic sales exceeding 1.4 lakh units, registering a 3% year-on-year increase, supported by sustained public investment in infrastructure development. Speaking at the Mining & Construction Equipment Summit, organised by the Confederation of Indian Industry (CII) in association with the Ministry of Heavy Industries, TKIL Industries Managing Director and CEO Mr. Vivek Bhatia highlighted that the sector has become a key enabler of India’s infrastructure expansion, mining activities and critical mineral development. The industry's growth is being driven by rising investments across transport, urban infrastructure and industrial projects, alongside increasing adoption of advanced mechanisation, automation and next-generation technologies to enhance productivity and operational efficiency.
India’s mining and construction equipment exports recorded a robust 31.5% year-on-year growth, reflecting the increasing global competitiveness of domestic manufacturers through higher localisation, improved product quality and competitive pricing. The strong export performance underscores the sector’s transition from primarily serving domestic demand to establishing a stronger presence in international markets. Industry leaders also noted that India's long-term focus on infrastructure development, critical minerals, energy security and manufacturing expansion is expected to create significant opportunities for equipment manufacturers. With continued policy support, technological advancements and growing global demand, the sector is well positioned to strengthen India's manufacturing capabilities, boost exports and support the country's broader economic growth ambitions.
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