Indian Construction Equipment Manufacturers’ Association (ICEMA) - (Sector Partner)
Constituted in 1949 as Tractor & Allied Equipment manufacturers and Importers Association Ltd., the association started with 10 Indian member companies, primarily manufacturers and importers of tractors, earth-moving and allied equipment. It was rechristened as Indian Earth-moving & Construction Industry Association Ltd. (IECIAL) in 1986 with the objective to make the body a national point of reference for the Indian earth-moving & construction equipment industry.
The association was renamed as Indian Construction Equipment Manufacturers Association (ICEMA) in 2012 with the objective to make the association a truly representative body of the Indian construction equipment industry and to expend its scope of activities.
ICEMA is affiliated to the Confederation of Indian Industry (CII) and presently represents 65 leading companies who manufacture, trade and finance a variety of products such as hydraulic excavators, wheel loaders, backhoe loaders, motor graders, vibratory compactors, cranes, dumpers, tippers, forklifts trucks, dozers, pavers, batching plants, diesel engines, etc.
The Indian ECE industry has the potential to grow at 18 percent CAGR to reach USD 7.5 billion by 2020 with expected sales volume to increase from over 48,000 units in 2014 to around 1,00,000 + units in 2020.