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Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

Wheel loader market is expected to grow by 17-18%

The wheel loader market in India has been growing at a brisk pace over the last couple of years after touching a low in FY 2015-16. The 3 to 3.5 Ton-class wheel loader market has witnessed 17 per cent growth in the FY 2017-18 till now.

Wheel loader market is expected to grow by 17-18%

We are focusing on making our wheel loaders versatile and suitable to meet various applications in roads, railways, irrigation, mining and industrial works by developing new attachments and variants, says Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro Ltd.

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