EXCON 2025 in Bengaluru: India Targets $25 Billion Construction Equipment Market, Set to Overtake China by 2030

Bengaluru, December 10, 2025 — India’s construction equipment (CE) industry is using EXCON 2025 in Bengaluru not just as a trade fair, but as a launchpad for a bold ambition: to triple the size of the sector to around $25 billion by 2030 and overtake China to become the world’s second-largest construction equipment market after the United States . ^[1]

Backed by record infrastructure spending and a wave of new product launches from global and Indian manufacturers, this year’s edition of EXCON underlines how quickly India is emerging as both a demand center and manufacturing hub for construction machinery.

India’s Big Bet: From Fast-Growing Market to No.2 Global CE Player

Industry leaders at EXCON 2025 are unusually explicit about where they think India is headed.

EXCON 2025 Co-Chairman Deepak Shetty told delegates that the construction equipment industry is working to triple its market size to about $25 billion while transforming India into a global manufacturing and export hub. That roadmap explicitly calls for overtaking China and making India the second-largest and fastest-growing CE market globally , behind only the US ^[2]

Confederation of Indian Industry (CII) President Designate and EXCON 2025 Chairman R. Mukundan linked this sectoral ambition to the broader national vision of a $30 trillion Indian economy by 2047 under the Viksit Bharat agenda. He highlighted that the Union government has earmarked ₹11.21 lakh crore for infrastructure in FY 2025–26 , with mega projects such as Bharatmala, high-speed rail corridors and Smart Cities under PM Gati Shakti driving unprecedented demand for roads, metros, ports and logistics hubs. ^[3]

According to industry estimates shared at the event, Indian construction equipment is already exported to more than 135 countries , positioning the country as an emerging global supplier, not just a fast-growing consumer market. ^[4]

Put simply: if India maintains its current infrastructure push and successfully executes the manufacturing and export strategy unveiled at EXCON, it could leapfrog China in CE demand and production before the end of the decade .

EXCON 2025: South Asia’s Construction Powerhouse Gets Bigger

Scale and scope

Hosted by CII, EXCON 2025 is being held from 9–13 December 2025 at the Bangalore International Exhibition Center (BIEC) in Bengaluru. ^[5]

Key facts shared by organizers and participating companies:

13th edition of EXCON, held every two years
3.5 million sq. ft. (around 300,000 sq m ) of exhibition space ^[6]
1,250–1,400+ exhibitors , including 400+ global participants
Representatives from about 20 countries with multiple country pavilions (including France, Germany, Italy, South Korea, Turkey, China and the UK) ^[7]
80,000+ business visitors expected across five days ^[8]
300+ product launches planned during the show ^[9]

Originally conceived as an exhibition in 2000, EXCON has evolved into what organizers now call a “construction equipment festival” that the industry looks forward to every two years. It has grown into the world’s third-largest construction equipment exhibition , with a stated goal of becoming the second-largest by 2032 . ^[10]

This year’s overarching theme, highlighted by HD Hyundai CE India and other participants, is “Building India’s Tomorrow” , focusing on the intersection of technology, sustainability and inclusive growth . ^[11]

A truly international platform

EXCON’s scale is matched by its international pull:

Sri Lankan companies LAUGFS Rubber and OTR Enterprise Solutions are using the 2025 edition to deepen partnerships in India, eyeing larger exports of tires and steel rims for off-highway vehicles. ^[12]
European and global suppliers such as Walvoil and Hectronic are pitching hydraulic systems and intelligent fuel-management solutions to OEMs and fleet operators. Hectronic, for instance, is showcasing data-driven refueling and fuel-management systems aimed at infrastructure, mining and logistics operators. ^[13]
OEMs from Korea, including HD Hyundai CE India , are using the show to unveil new excavators and BS V-compliant wheel loaders, reinforcing India’s role as both a major market and an export base. ^[14]

With CII’s more than 9,000 direct and 300,000+ indirect members feeding into the ecosystem, EXCON is increasingly where policy, technology, finance and infrastructure demand converge . ^[15]

Local Manufacturing + Green Tech: What OEMs Announced at EXCON 2025

A striking characteristic of this year’s announcements is the combination of “local-for-local” manufacturing with low- or zero-emission technologies . From driveline systems to engines and heavy-duty trucks, almost every major OEM is aligning with India’s manufacturing and decarbonization agenda.

ZF: Coimbatore becomes a global hub for advanced driveline systems

Technology major ZF Group used EXCON 2025 to underline its long-term commitment to India through both local manufacturing and advanced driveline technology . ^[16]

Key highlights from ZF’s presence:

Exhibiting under the theme “The Future of Construction” , ZF showcased a broad portfolio of transmissions, axles, braking systems and mixer drives tailored to construction and mining OEMs. ^[17]
The company highlighted ERGOPOWER powershift transmissions , which can deliver up to 15% fuel savings and as much as 40% productivity gains , especially when combined with DirectDrive and 5-speed options for wheel loaders. ^[18]
These transmissions are paired with MULTITRAC rigid axles , engineered for heavy-duty performance with reduced weight, improved ground clearance and wet multi-disc brakes.
For backhoe loaders, ZF is offering a combined ERGOPOWER transmission + MULTITRAC axle system , designed for high torque, smooth operation and long life across digging and loading cycles. ^[19]
In concrete equipment, ECOMIX I hydrostatic drum drives – known globally for high power density and long service life – were on display. ^[20]
ZF also unveiled a next-generation brake‑by‑wire system that replaces hydraulic lines with electronic control, laying the groundwork for remote-controlled and autonomous operation in off-highway vehicles. ^[21]

Beyond the product portfolio, perhaps the most strategic announcement was ZF’s plan to scale up local production of transmissions and axles at its new Coimbatore plant in Tamil Nadu. The facility, inaugurated in June 2025, spans 10,000 sq m and represents a €20 million (around ₹192 crore) investment . It will cater to both domestic and global OEMs, reinforcing ZF’s “Make in India for India and the world” positioning. ^[22]

Cummins India: Hydrogen-ready engines and CPCB IV+ gensets

Cummins India is using EXCON 2025 to signal where off-highway powertrains are headed next. ^[23]

At its stand, the company:

Introduced a CPCB IV+ compliant 82.5 kVA genset , targeted at infrastructure, construction, mining and quick-commerce operations . ^[24]
Showcased a family of diesel engines — including the QSB4.5 , L10 and M15 — tailored for excavators, loaders, compactors, compressors and dump trucks. ^[25]
Displayed the B6.7H hydrogen internal combustion engine , designed for construction and industrial machinery, capable of producing up to 290 HP and 1,200 Nm of torque on a fuel‑agnostic platform. ^[26]

The message is clear: Cummins is positioning itself as a bridge between current diesel-based fleets and future hydrogen-powered machines , enabling OEMs to transition without completely overhauling vehicle platforms.

Mahindra: Mini compactor for faster, cheaper road building

Mahindra’s Construction Equipment business unveiled the Mahindra COMPAX mini compactor , designed specifically for the road construction segment. ^[27]

According to the company:

COMPAX is engineered to accelerate road construction timelines while keeping operating costs low , addressing a key bottleneck in India’s road-building program. ^[28]
Mahindra also showcased an upgraded CEV‑V‑compliant range of machines, with a focus on higher productivity, better operator comfort and improved earnings potential for contractors. ^[29]

The new mini compactor joins Mahindra’s broader CE portfolio, which includes the RoadMaster motor grader and EarthMaster backhoe loader, as the company attempts to cover more applications across the road and earthmoving value chain .

Tata Motors: Electric and CNG tippers headline a “Productivity Unleashed” lineup

Commercial vehicle giant Tata Motors is using EXCON 2025 to make an aggressive play in construction and mining haulage. ^[30]

Under the banner “Productivity Unleashed” , Tata Motors has:

Unveiled a comprehensive range of heavy-duty, future-ready construction and mining solutions , built around productivity, sustainability and total cost of ownership. ^[31]
Introduced the Prima 3540.K AutoShift , its most powerful tipper yet, designed for deep mining applications where uptime and pulling power are critical. ^[32]
Expanded its zero-emission portfolio with the Prima E.28K all-electric tipper , targeting applications where emissions regulations and noise constraints are tightening. ^[33]
Launched the Signa 2820.TK CNG , described as India’s first factory-fitted CNG tipper in the 28‑tonne segment , for customers seeking lower emissions and fuel costs without sacrificing load capacity. ^[34]
Showcased new 15 kVA and 35 kVA gensets and a wider range of CEV BS V industrial engines , reinforcing its full‑system approach to construction fleets. ^[35]

Together, these launches position Tata Motors as a key player in decarbonising India’s heavy-duty construction logistics , while giving fleets more choice across diesel, CNG and electric drivelines.

Ashok Leyland: New Stage V engines for compact and heavy machinery

Commercial vehicle and industrial engine major Ashok Leyland unveiled two new engine platforms — P15 and H4 Unipack — at EXCON 2025. ^[36]

Key details:

The P15 engine, in the 49–55 HP range, is aimed at compact equipment such as skid‑steer loaders, mini compactors, sweepers and forklifts. It is also available in a high‑speed non‑emission variant and a CNG option , enabling cleaner operations without sacrificing performance. ^[37]
The H4 Unipack engine, rated at 55–74 HP , is targeted at heavier equipment where higher torque and durability are essential. ^[38]
Both engines comply with the latest CEV Stage V emission norms , and are pitched as solutions that combine higher fuel efficiency with long-term reliability. ^[39]

Ashok Leyland executives both emphasized that these platforms support India’s Make in India agenda and contractors’ need to reduce emissions while keeping operating costs predictable . ^[40]

HD Hyundai CE India: “Building India’s Tomorrow” with BS V machines

HD Hyundai CE India has built an entire pavilion around the “Building India’s Tomorrow” theme, showcasing its latest range of excavators and wheel loaders. ^[41]

From the company’s EXCON 2025 brief:

The 13th edition of EXCON is described as South Asia’s largest construction equipment showcase , with more than 1,400 exhibitors and 400+ global participants , drawing over 80,000 business visitors across 300,000 sq m of space. ^[42]
Hyundai is displaying its SMART X Plus excavator range and BS V‑compliant HL630I‑V and HL650I‑V wheel loaders , designed for higher productivity and lower emissions. ^[43]
The machines are built around the company’s “X5 Advantage” framework: extra performance, extra durability, extra convenience, extra safety and extra comfort — including advanced telematics, safer cabins and upgraded HVAC systems. ^[44]

By leaning on both product innovation and export readiness, Hyundai is reinforcing India’s status as a key manufacturing and R&D base for its global portfolio .

Beyond Iron and Steel: Digitalization, AI and Fuel Intelligence

Organizers and industry leaders repeatedly emphasize that India cannot become a global CE superpower by adding machines alone; it must also add intelligence :

CII’s R. Mukundan has highlighted EXCON as a platform to accelerate adoption of automation, IoT, AI-driven machinery and green technologies , so that projects can be executed faster and with lower lifecycle costs. ^[45]
Companies like Hectronic are showcasing digital fuel-management systems that give fleet owners real‑time visibility into fuel usage, pollution and emissions, making each liter of diesel — or kg of CNG — work harder. ^[46]
Brake‑by‑wire solutions from ZF and hydrogen internal-combustion concepts from Cummins show how software, sensors and alternative fuels are continuously moving from passenger vehicles into construction and mining equipment. ^[47]

For contractors grappling with tight deadlines and rising input costs, this shift towards connected, low‑emission, high‑uptime machines may ultimately matter as much as raw horsepower.

What It All Adds Up To

Taken together, the messages coming out of EXCON 2025 are unusually aligned:

Demand is real and rising. Massive public investment in roads, rail, airports, logistics and urban infrastructure is set to keep CE demand elevated well into the 2030s. ^[48]
India wants to be more than a growth market. With exports already reaching over 135 countries and new plants from players like ZF and Hyundai, India is positioning itself as a global manufacturing and innovation hub for construction machinery. ^[49]
Technology and sustainability are now core, not optional. From Stage V diesel engines and CNG tippers to hydrogen-capable engines and electric mining trucks, the industry is racing to stay ahead of regulatory and customer expectations. ^[50]

If those ambitions translate into sustained investment, policy support and rapid technology adoption, the headline prediction prominently associated with EXCON this week — that “India will overtake China to emerge as the world’s second-largest construction equipment player by 2030” — may move from bold claim to measurable reality. ^[51]