JCB plans new unit at Ballabgarh
JCB India, a wholly owned subsidiary of the British mega construction equipment maker, has drawn up plans to set up a new equipment engines manufacturing unit at Ballabgarh in Haryana where it already has a globally reputed facility to manufacture backhoe loaders.
According to Managing Director and Chief Executive Officer, Vipin Sondhi, the new unit, which is being planned at Ballabgarh, is expected to become fully functional by the end of the last quarter of the current fiscal. In the last four years, including two and a half year of recessionary tendencies, the company has invested over Rs. 750cr in its Pune and Ballabgarh plants and has placed itself in a strategic position to make the most out of India as its global manufacturing hub. The company will use Indian facility to manufacture equipment to meet its exports requirement in countries including West Asia, APAC and Africa.
JCB India, which pronounced the selling of its 100,001th machine and has also launched three new products recently is currently going all out in its re-branding exercise. Its new logo has already been introduced in the UK and Europe and is in the process of rolling out it in phases on all its products across the world in the next six to nine months period. In the first seven months of the current fiscal, the company has sold 11,895 machines and claims over 50 per cent market share of construction equipment and over 75 per cent in the backhoe loaders segment.
According to Managing Director and Chief Executive Officer, Vipin Sondhi, the new unit, which is being planned at Ballabgarh, is expected to become fully functional by the end of the last quarter of the current fiscal. In the last four years, including two and a half year of recessionary tendencies, the company has invested over Rs. 750cr in its Pune and Ballabgarh plants and has placed itself in a strategic position to make the most out of India as its global manufacturing hub. The company will use Indian facility to manufacture equipment to meet its exports requirement in countries including West Asia, APAC and Africa.
JCB India, which pronounced the selling of its 100,001th machine and has also launched three new products recently is currently going all out in its re-branding exercise. Its new logo has already been introduced in the UK and Europe and is in the process of rolling out it in phases on all its products across the world in the next six to nine months period. In the first seven months of the current fiscal, the company has sold 11,895 machines and claims over 50 per cent market share of construction equipment and over 75 per cent in the backhoe loaders segment.
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20 August 2010
