In any country, the construction equipment market can be divided into four segments namely road-building equipment, concrete equipment, material handling equipment and cranes and earth-moving equipment. Until 1960s, the internal needs of construction and mining equipment in India was met through imports. Large scale production of construction equipment began in India only in the year 1964 when the Bharat Earth Movers Limited, which is public sector undertaking was established.

Most of the construction equipment manufacturing companies in India are engaged in whole gamut of activities, which includes servicing and commissioning, erection, manufacturing, engineering and designing as well. These companies also serve as selling agents for international companies. On the other hand, they produce and import either the whole equipment or equipment in semi-knocked down condition from their principals abroad and market them. The Indian construction equipment market is catered by nearly 200 manufacturing firms out of which public sector companies constitute nearly 71% and remaining 29% are private sector firms. The names of the key players who are dominating the construction equipment sector in India are given below:

Top seven construction equipment manufacturing companies in India:

• Bharat Earth Movers Limited

• JCB India Limited

• Mcnally Bharat Engineering Company Limited

• Elecon Engineering Company Limited

• TRF Limited

• Action Construction Equipment Limited

• Gujarat Apollo Industries Limited

Some of the details regarding these top players in the construction equipment manufacturing sector in India are given below:

Bharat Earth Movers Limited:

Bharat Earth Movers is a Public Sector organizations with a revenue of around 638 US million dollars and their focus areas are metro, rail, defence, construction and mining. In the construction equipment industry, they are dealing with various products like sprinklers and rope shovels, walking draglines, pipe layers, backhoe loaders, loaders, dump trucks, excavators, wheel dozers and crawler.

JCB India Limited:

JCB India Limited has a revenue capacity of about 299 million US dollars and their focus industry segments are agriculture, quarrying, housing and construction. Their product list includes vibratory single-drum compactors, telescopic handlers, backhoe loaders, wheeled loaders, skid steers, tele-handling equipment, compactors and excavators.

Mcnally Bharat Engineering Company Limited:

Mcnally Bharat Engineering Company Limited has a revenue capacity of about 256 million US dollars and their focus industry segments are industrial water supply, post cranes, coal washing, material-handling, aluminum, steel and power. Their product list includes process equipment like thickeners and flotation cell, steel plant equipment, material-handling equipment, pressure vessels, milling equipment and crushing equipment.

Elecon Engineering Company Limited:

Elecon Engineering Company Limited has a revenue capacity of about 217 million US dollars and their focus industry segments are material handling and power transmission. Their product line includes crushers, gears, moving machines and conveyors and elevators.

TRF Limited:

TRF Limited has a revenue capacity of about 159 million US dollars and their focus industry segments are mining, fertilizers, ports, steel plants and power. For the construction equipment sector, they are offering different products like ring granulators, rotary breakers, wagon tripplers with side arm charger, level luffing cranes and stacker reclaimers.

Action Construction Equipment Limited:

Action Construction Equipment Limited has a revenue capacity of about 100 million US dollars and their focus industry segments are steel, coal mines, roads, dams, shipyards and ports, power projects, industrial projects, heavy engineering and infrastructure construction. Their product list includes tractors, vibratory rollers, piling rings, crawler cranes, forklift trucks, lorry loaders, wheeled loaders, back hoe loaders, fixed tower cranes, mobile tower cranes and hydraulic mobile cranes.

Gujarat Apollo Industries Limited:

Action Construction Equipment Limited has a revenue capacity of about 100 million US dollars and their focus industry segments are Road Construction and maintenance. They offer a wide range of products towards the development of construction industry.

Other top players like Elimco Elecon (India) Limited and L & T Komatsu Limited also dominate this industry.