International Business Group (IBG)

NEWS

India

The CEA India Knowledge Base
Building an Understanding of the Indian Construction Equipment Sector

India has a major domestic market for construction equipment. Over 31,600 units were sold in 2006 – an increase of over 40 per cent from 2005. This is forecast to expand to over 60,000 units by 2011. The construction sector, which is the second largest employer after agriculture, employs a workforce of 33 million and saw a growth of 12.1 per cent last year. The total investment in the sector amounted to $60 billion during 2006 and in the 11th Five Year Plan (2007-2011) a staggering investment of $347 billion is expected in infrastructure development. The construction industry’s value is forecast to reach $129 billion in 2011, contributing 10.5 per cent to the country’s GDP. (Statistics courtesy of Off-Highway Research).

The CEA is looking to better understand what opportunities exist in India for both UK OEMs and component manufacturers. Click on the following links for:

• Individual Indian company, consultant, government and association visit reports made by the CEA

• An introduction to the two year CEA India Knowledge Base Four Phase project.

• Details of the CEA Meet the Buyer Seminar to India – September 2008.

• An overview of Indian OEMs and Global OEMs manufacturing in India:
  - Indian Manufacturers
  - Indian Distributors 

• A report on the Indian Construction Sector from UK Trade & Investment.

• Additional Sources of Information (to follow).