ReferIndia News 63% market share, zero debt: Is this India’s best infrastructure play?

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63% market share, zero debt: Is this India’s best infrastructure play?

Published on: June 15, 2026, 5:30 a.m. | Source: The Financial Express

A leading construction equipment manufacturer is benefiting from India's infrastructure and industrial capex boom, while also building a presence in the defence sector. Strong demand for cranes, material handling equipment and specialised defence products has supported growth, with improving scale aiding profitability. With leadership in key equipment categories and exposure to two long-term themes, nation-building and defence indigenisation, the company appears well-positioned for sustained growth.

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