Action construction equipment ltd

I believe that the ongoing infrastructure push will significantly shape the next decade. – India’s Most Read Construction and Mining Equipment Magazine | Construction and Mining Equipment Magazine in India (equipmenttimes.in)

Notably Manish Mathur, the CEO of Cranes at ACE, mentions “For example, let’s take tower cranes—an essential product in our range. Currently, our market size stands at 1000 units. In comparison, China has close to 100 companies involved in tower crane manufacturing, with the top companies producing an impressive 11,000 machines at their peak. Despite this, our total market share remains below 1000 units.”. Is is possible to get data on what is the Chinese market size and how it compares to India to validate his statement? Also guaging how China has shaped up in last 20 odd years, will help understand how Indian market for cranes will probably shape up.