What Is the Projected Market Size for Crushing Plants in India’s Expanding Infrastructure Sector?

Tid: 31 March 2021

As of my latest knowledge cutoff in October 2023, detailed projections on the market size for crushing plants in India’s infrastructure sector will likely vary based on the source of analysis and assumptions about future growth trends. However, several factors fuel the demand for crushing plants, such as:

Key Growth Drivers:

1. Increasing Infrastructure Projects: India’s infrastructure development initiatives, including the Bharatmala project, smart cities, and rapid urbanization, are driving demand for aggregate materials, which in turn boosts crushing plant requirements.
2. Construction Demand: Rising construction activities in housing, roads, bridges, airports, and rail projects necessitate large-scale use of stone, sand, and other raw materials processed by crushing plants.
3. Government Investments: The government has been allocating significant funds toward public infrastructure under programs such as the National Infrastructure Pipeline (NIP), influencing demand for equipment like crushing plants.

Market Projections and Trends:

While specific monetary projections for the crushing plant industry in India aren’t readily available in public datasets used in 2023:

• The construction equipment industry, of which crushing plants form a part, is projected to grow steadily at 7%-10% CAGR till 2030.
• The stone crushing equipment market in India is expected to benefit from an increasing supply of raw materials tied to infrastructure growth, supported by investments amounting to approximately $1.4 trillion USD under NIP by 2025.
• Regional expansions and large-scale real estate development will fuel demand for crushing equipment.

For more precise figures and updates, consulting industry reports from sources like the Confederation of Indian Industry (CII), Indian Construction Equipment Manufacturers Association (iCEMA), or market research agencies such as Statista or Research and Markets might provide detailed forecasts.

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