Sales grew last year in spite of Covid and a further improvement is being seen in 2021
Despite the pandemic, more backhoe loaders continue to be sold in India than the rest of the world combined.
The National Infrastructure Pipeline (NIP) will provide huge opportunities in road, rail, power and airport construction up to the end of the 2024-25 financial year.
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses, Country Analyses and Company Profiles. Our latest reports include:
Key publications within Off-Highway Research’s Chinese, European and Indian monthly Market Reports have been rescheduled to make use of the most-up-to-date information available.
Regional report provides a European industry overview for the first time
Although a low volume machine type in Chinese terms, the skid-steer loader is gaining in popularity and exports are also on the rise.
Forecast updates – the rebound in 2021 and the impact of supply constraints
Infrastructure investment will drive demand for machines over the coming years, and the mining & quarrying segment is particularly important for wheeled loader sales in India
Chris Sleight, managing director of Off-Highway Research, speaks to International Construction editor Andy Brown the state of the global markets. The video comes ahead of an extensive feature in the June 2021 edition of the magazine giving an outlook for global machine sales.