Construction in top gear, equipment sales eye new highs
Sales of construction equipment have risen by nearly a fifth since April and are likely to close the year at 125,000130,000 units, breaching the previous peak of 107,779 units in FY23, said Dimitrov Krishnan, head of Volvo CE India. Prior to this, construction equipment makers had reported record sales of 98,000 units in the prepandemic year of FY19.
Tags : construction equipment Volvo Crisil case construction equipment construction sector Dimitrov Krishnan jcb vecv
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