India’s Mining and Construction Equipment Exports Rise 31.5%; Domestic Sales Top 1.4 Lakh Units in FY26

India’s mining and construction equipment industry maintained steady growth in FY26, with domestic sales surpassing 1.4 lakh units, marking a 3 per cent year-on-year increase, driven by continued government investment in infrastructure projects.

Industry leaders said sustained spending on roads, railways, urban infrastructure and industrial development has strengthened demand for heavy equipment, while increased mining activity and the push for critical mineral exploration are creating new opportunities for manufacturers.

Addressing the Mining & Construction Equipment Summit, organised by the Confederation of Indian Industry (CII) in partnership with the Ministry of Heavy Industries, TKIL Industries Managing Director and CEO Vivek Bhatia said the sector has emerged as a key contributor to India’s infrastructure and industrial growth.

He noted that the industry is increasingly adopting advanced mechanisation, automation and next-generation technologies to improve productivity, operational efficiency and safety, helping manufacturers meet the evolving needs of large-scale infrastructure and mining projects.

India’s export performance in the segment also witnessed strong growth during the year. Exports of mining and construction equipment increased 31.5 per cent compared with the previous year, reflecting the growing competitiveness of Indian manufacturers in international markets.

According to industry representatives, greater localisation of components, improved product quality and competitive pricing have enabled domestic companies to expand their presence overseas, signalling a shift from primarily serving the domestic market to becoming significant global suppliers.

Industry stakeholders believe long-term investments in infrastructure, manufacturing, energy security and critical minerals will continue to drive demand for construction and mining equipment. They added that continued policy support, technological innovation and expanding export opportunities are expected to strengthen India’s manufacturing base and contribute to the country’s broader economic growth in the coming years.