Rising Infrastructural Projects to Fuel the Market Growth
Excavators prevail as one of the major segments of the construction equipment industry. The excavation activities like drilling, shafts, foundation digging and grading for real estate, irrigation and road projects are driving the demand for excavators. The ongoing infrastructure development across the country during the last few years has led the excavator market to grow at a very remarkable rate. Considering the above factors, the Indian Mini Excavator industry is projected to grow at a CAGR of around 12% during...
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