Top 12 Companies in India Construction Equipment Market | Manufacturers & With official Website 2024

Top 12 Companies in India Construction Equipment Market

India construction equipment market has witnessed noteworthy growth in recent years due to the rising demand for infrastructure projects as well as real estate development. This demand has been supported by key players in the market who have played a vital role in stimulating the market growth. The prominent market players involve manufacturers, suppliers and distributors of numerous types of construction equipment like material handling equipment, heavy construction vehicles and earthmoving equipment. Market players have contributed towards the mechanization and modernization of India’s construction market by offering efficient and technologically advanced equipment.

Moreover, dominating companies have also focused more on enhancing their after-sales services via training programs for operators as well as maintenance staff. This has assisted in expanding the equipment lifespan and reducing downtime which increases productivity. As per 6Wresearch, India Construction Equipment Market revenue is predicted to grow at a CAGR of 11.4% during 2023-2029.

List of Leading Companies in the India Construction Equipment Market

1. Caterpillar Inc.

Caterpillar Inc. is headquartered in Deerfield, Illinois, United States. It offers a wide range of products and services designed for various industries and applications which includes construction equipment such as excavators, loaders, dozers, compactors, and motor graders. It has a strong sales and distribution network supported by dealers and distributors across the country.

2. Komastsu Ltd.

Komatsu Ltd. is a Japanese multinational corporation that specializes in the manufacturing and sale of construction, mining, forestry, and military equipment like hydraulic excavators, dump trucks, wheel loaders, bulldozers, motor. It has a global presence with production facilities operating in India through its subsidiary Komatsu India Pvt. Ltd.

3. Tata Hitachi Construction Machinery Pvt. Ltd.

Tata Hitachi Construction Machinery Company Pvt. Ltd. is headquartered in Bengaluru, India, and is engaged in the manufacturing and distribution of construction machinery and equipment. It offers a diverse range of construction equipment that includes hydraulic excavators, wheel loaders, dump trucks, backhoe loaders, and motor graders. It has a wide network of dealers and service centers across India.

4. Hyundai Construction Equipment Co., Ltd.

Hyundai Construction Equipment Co., Ltd. is headquartered in South Korea and focuses on manufacturing and distributing construction equipment. It’s product range includes a diverse selection of construction machinery, such as hydraulic excavators, wheel loaders, backhoe loaders, skid steer loaders, compactors, forklifts, etc. IT operates in India through its production facility, catering to the needs of the Indian market.

5. Volvo Construction Equipment

Volvo Construction Equipment is headquartered in Gothenburg, Sweden and is a subsidiary of the Volvo Group. It offers a range of construction machinery and equipment for various industries and applications. including excavators, wheel loaders, motor graders, compactors, pavers, etc. It operates in India through its subsidiary Volvo CE India Pvt. Ltd.

6. J C Bamford Excavator Ltd.

J C Bamford Excavators Limited is headquartered in Rocester, England and specializes in the manufacturing of construction equipment, including excavators, loaders, backhoe loaders, telescopic handlers, and compactors. The company has a strong presence in the construction industry globally, with manufacturing facilities and offices located in multiple countries and operates in India through its subsidiary JCB India Ltd.

7. Escorts Construction Equipment Ltd

Escorts Kubota Construction Equipment Ltd. headquartered in Faridabad, India. It specializes in manufacturing and selling a wide range of construction equipment and machinery and offer solutions for various construction needs, including earthmoving, road construction, material handling, etc.

8. Action Construction Equipment Ltd.

Action Construction Equipment Ltd. is headquartered in Haryana, India and specializes in the manufacturing and distribution of construction and material handling equipment. It offers a wide range of construction equipment, including cranes, loaders, forklifts, motor graders etc. It operates through a vast distribution network of authorized dealers and service centers across India.

9. Zoomlion Heavy Industry Science and Technology Co. Ltd

Zoomlion Heavy Industry Science and Technology Co. Ltd. is a Chinese multinational company that specializes in the manufacturing and distribution of heavy machinery and equipment. It offers a diverse range of products for various industries, including construction, agriculture, energy, and transportation. The company operates in India through its subsidiary Zoomlion India Pvt. Ltd.

10. Sany Heavy Industry Co., Ltd.

Sany Heavy Industry Co., Ltd. is headquartered in Hunan, China and is involved in the production of construction machinery, such as excavators, cranes, concrete machinery, road machinery, pile-driving machinery, port machinery, etc. It operates in India through its subsidiary Sany Heavy Industry India Pvt. Ltd.

11. CASE New Holland Construction Equipment India Pvt. Ltd.

CASE Construction Equipment Company is headquartered in Racine, Wisconsin, USA, and specializes in the manufacturing of construction machinery. Their product range includes a wide variety of equipment such as excavators, cranes, concrete machinery, etc. In the Indian market, CASE Construction Equipment operates through its subsidiary, CASE New Holland Construction Equipment India Pvt. Ltd.

12. Schwing Stetter (india) Private Limited

Schwing Stetter (India) Private Limited is headquartered in Chennai, Tamil Nadu, India, and is a leading manufacturer of construction machinery. Their product portfolio encompasses a diverse range of equipment, including concrete machinery, concrete pumps, etc. In the Indian market, Schwing Stetter (India) operates as an independent entity to meet the country's infrastructure and construction needs.

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