Trendlines: India bucks the trend
06 February 2025
Almost every construction equipment market in the world fell last year, but India was a notable exception.
At the start of last year, the expectation was that the Indian construction equipment market would decline.
The main factor was the general election, which is a surprisingly disruptive event for the Indian industry. Once an election is announced, no public works contracts can be awarded in case they…
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