New Delhi, July 26 -- Capital expenditure across sectors driving demand for mining and construction equipment (MCE) is projected to rise from about Rs 5.5 lakh crore in 2025 to Rs 9-10 lakh crore by 2030, creating a long-term growth opportunity for domestic manufacturers and exporters, according to a joint report by the Confederation of Indian Industry (CII) and Boston Consulting Group (BCG).

The report, titled "Pressing the Throttle: How India's Mining and Construction Equipment Industry Can Support Domestic Ambitions and Become a Global Force", said India's infrastructure, manufacturing, mining and energy transition plans are expected to drive sustained demand for mining and construction equipment over the coming decades.

"The domesti...