A new report highlights the growth for sales of construction machines into the Indian market. This market did see a drop in the 2014-2015 period but has been growing quickly since 2016. In 2016 52,000 construction machines were sold in India, an increase of 37% over the previous year, according to the report by Off-Highway Research. The report also suggests sales of construction machines will continue to grow for the next five years in India, climbing by as much as 50% to hit an impressive 70,000 units in
Volvo Construction Equipment (Volvo CE) has invested over US$150.93 million (SEK1bn) in expanding capacity and construction equipment offering in China and had secured a leading position in national wheeled loader and excavator sales, said Volvo CE president Pat Olney. The Swedish construction equipment manufacturer is also keen to develop its SDLG brand, which, Olney stressed, has helped Volvo CE secure its status in the Chinese wheeled loader and excavator market.
Volvo Construction Equipment (Volvo CE) has invested over US$150.93 million (SEK1bn) in expanding capacity and construction equipment offering in China and had secured a leading position in national wheeled loader and excavator sales, said Volvo CE president Pat Olney. The Swedish construction equipment manufacturer is also keen to develop its SDLG brand, which, Olney stressed, has helped Volvo CE secure its status in the Chinese wheeled loader and excavator market.