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The long-term outlook remains positive, supported by strong export potential and a government-led infrastructure push. Source : Freepik Following a subdued start to FY2026, Rating agency ICRA projects a turnaround in the Indian mining and construction equipment (MCE) industry in the latter half of the year, driven primarily by renewed government-led capital expenditure. "Given the observed weakness in domestic demand during Q1 FY2026--which is expected to persist into Q2 as monsoon conditions ...Read More >
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