fostering innovation and collaboration within the CE sector. Similarly, the crushing and screening industry foresees steady growth, bolstered by India’s young population and self-reliance efforts. Terex India aims to capitalise on these factors to contribute actively to economic development.
It would be beneficial if the Government continues to prioritise policies that support local CE manufacturing, foster innovation through R&D in sustainable technologies, and enhance workforce skills to meet industry demands. Streamlining regulations and creating a conducive business environment are essential for accelerating growth. Incentivising green technologies and digital solutions will further strengthen competitiveness, sustainability, job creation, and infrastructure development.
We commend ICEMA for its efforts in promoting industry growth through stakeholder engagements, consensus building, and policy advocacy. Their initiatives drive technological innovation, set industry standards, and enhance sustainability practices. ICEMA’s leadership in knowledge sharing and collaboration among stakeholders is pivotal for the resilience of the industry.
Terex India is enhancing its position in India’s CE market through new product innovations and expansion into the construction sector. We are investing in new facilities, expanding localised manufacturing, and regularly conducting skill enhancement programs. This year, we will launch new products in recycling solutions, lifting equipment, and hybrid-powered crushers and screeners, reaffirming our commitment to environmental stewardship and technological advancement.