Deepak Shetty, CEO & Managing Director, JCB India
“Our Made in India sustainable products, designed to be at par with global quality standards and to significantly limit their impact on the environment, are being used in over 110 countries.”
Deepak Shetty, CEO & Managing Director, JCB India

Backhoe Loader sales registered negative growth in FY21-22 primarily due to two reasons: the price hike in steel and implementation of BSIV. How is JCB addressing these issues?
JCB has gone a step forward by simply making certain design modifications in the product along with a change in the engine, to make it easy on the customers’ pocket.

Customers will also benefit by way of Total Cost of Ownership of their machines as we have reduced their maintenance cost and improved the engine’s fuel efficiency. So, despite the increase in fuel and steel prices, our machines will prove to be more affordable JCB is also partnering with some financial solution providers to keep the initial cost of our machines at almost the same price when BS III norms were in place.

Do you think that the mini excavator is slowly but steadily cannibalizing the backhoe market as was evidenced in the FY22 excavator sales figures?
The JCB Backhoe Loader has been popular for the last 42 years since it is a very versatile, and an easy to use and transport machine. It is very suitable for government projects like Gram Sadak Yojana and Har Ghar Jal in rural areas. This is because the backhoe loader is the best machine for reaching remote/rural areas as compared to excavators that require transportation assistance. So, I don’t think that the mini excavator can entirely replace the backhoe, given their different features, usages, and applications.

JCB India: At the Forefront of Technology

How has sales at JCB grown during FY’22?
Despite the pandemic, FY 2021-22 was the third best year for JCB till now,. With our best-in-class design, engineering, and manufacturing capabilities in India, we increased our exports by 300% in 2021, and have recently commissioned our new export-oriented factory in Vadodara, Gujarat, where we will produce global quality machines and also support our Make in India initiative.

Even though the industry has shrunk by 8%, the Indian government’s initiatives to boost the economy by pumping funds in the infrastructure industry will give a good momentum in 2023 to the construction equipment sector. It is predicted that the industry will see a growth of 15-20% over last year.

Please enumerate JCB’s sustainable innovation and ‘Make in India’ initiatives.
Innovation and Sustainability are critical to our operations, and we continue to introduce products that significantly limit their impact on the environment. The JCB 19C-1E is the industry’s first fully electric mini excavator in India and is integral to JCB’s ‘Road to Zero’ initiative, a programme that we have been working on for the past few years. The machine has been tested extensively and has various built-in features that enhance safety and performance. With zero emissions and low noise, this new machine is ideal for Infrastructure development in urban areas and in indoor jobs.

JCB India: At the Forefront of Technology

Our other sustainable innovation is a Natural Gas-powered Genset. We have taken the bold step of launching a Natural Gas-powered Genset that significantly reduces emissions. This range will be manufactured in India and in addition to catering to the domestic market, will also be exported.

JCB products have been supporting the building of Infrastructure in India for over four decades. Our machines are used to build roads in urban and rural India, schools, hospitals, and airports, among many other applications.

Our Made in India products are at par with the rest of the world and are used in over 110 countries. With operating costs becoming more critical, our products are being designed to consume lesser fuel and have lower maintenance costs, thereby improving our customers’ profit margins.

Our network of over 60 dealers, 6,500+ dealer service engineers, and 700 outlets ensure that our customers are never far away from professional product services and support.

JCB India: At the Forefront of Technology

JCB has been at the forefront of digitalization in India. How have your machines impacted infra construction activities?
JCB has always been ahead in digitalization and has its own spare parts portal. About 17% spare parts are being sold through the portal and 75% of the buyers are from rural India.

JCB machines come with the revolutionary technology - JCB Livelink - that gives real-time updates on service operations and security of the machine. The connected machines give critical information on their productivity and operations, which helps in fleet management and gives the opportunity for continuous monitoring of the health of the machines and maximising their uptime.

JCB helped the Border Roads Organization during the Covid-19 lockdown by connecting with its engineers through video calling and training them remotely. The company shares the data obtained from IoT devices fitted on its equipment with its customers so that they can make decisions for higher productivity.

The average age of people operating the machines is coming down and they want data and technology. Machines today have software right from the engine to the fan, since electronics can bring more fuel efficiency and enhance the machine’s overall performance.
The Indian construction equipment sales in the second quarter of the current fiscal (Q2,FY23) grew 8% YoY and 12% over Q1, FY21. All the sub-segments including Earthmoving, Material Handling, Material Processing and Concrete equipment contributed to the growth

Read more ...

Industry bigwigs share their views on the Excavator Market of India, the way forward, and the factors that are giving rise to a positive sentiment. Reports Maria R. The excavator market of India is witnessing increasing competition with players striving to meet

Read more ...

Kubota’s construction machinery and mini excavators have gained a good reputation in Europe, North America, Japan, and in Asian countries. Kubota mini excavators, in particular, are winning the largest market share in the world as they are renowned

Read more ...

It is high time that the off-highway market looked again at the materials it uses in machines and identifies ways to reduce the amount it uses, beat price increases, material shortages, and emission targets, observes Alastair Hayfield, Senior Research Director

Read more ...

Schwing Stetter India, a leading concreting equipment manufacturer, has launched XCMG’s two new hydraulic excavators and two-wheel loaders in the XCMG Coimbatore dealer’s office. The company aims to reach the biggest market for quarry machines

Read more ...

Demand of wheel loaders is likely to remain stable during the current fiscal, despite their higher initial cost due to the transition to the new emission norms. To drive business, manufacturers are offering customers value-added propositions, making improvisations

Read more ...

The Indian Construction Equipment industry registered a 14% quarter-on-quarter (QoQ) decline in sales in the first quarter of the current financial year (Q1 FY 2022-23). “While this decline comes on a higher year-end base, given that sales generally

Read more ...

Tata Hitachi launched its all-new 5-ton Wheel Loader ZW225 from its Kharagpur plant. During the launch event, the first two machines were handed over to Tata Hitachi’s esteemed customer VPR Mining Infrastructure by Tata Hitachi senior management

Read more ...

Volvo Construction Equipment’s newly launched EC550E crawler excavator features a Tier 3 engine, enabling customers to benefit from its industry leading performance, productivity, and efficiency. According to Dimitrov Krishnan, Head of Region India at Volvo CE

Read more ...

ICRA’s outlook on the CE industry remains stable in the backdrop of the government’s policies and programs for the infrastructure sector, with its capex being a key driver for the Equipment industry.

Read more ...

“We prioritize Safety, followed by Performance, and economical total Cost of Ownership so that customers enjoy the full value of a Cat machine during its lifespan.” Amit Bansal, Director Sales & Marketing-BCP Division, Caterpillar India

Read more ...

“Despite the stiff competition, we are confident that customers will opt for Tata Hitachi’s high-quality machines for their sturdy, robust structure, and we will achieve our target sales and growth. We have recently launched a 5-ton loader

Read more ...

Manitou, which sees high growth of India’s construction sector during the next 5 to 10 years, had displayed, at the recently concluded Excon, a new range of telehandler, boom, and backhoe loader, along with attractive service and support packages

Read more ...

JCB India introduced the industry’s first fully Electric Excavator, the JCB 19C-1E at Excon. It also launched a 22 Ton Hydraulic Excavator on the NXT Platform that has been specially designed for Indian applications. Additionally, a 4 Ton Telescopic

Read more ...

Under the larger theme of its trademarked slogan, ‘Chalo Desh Banaye,’ Tata Hitachi, at Excon, commemorated 60 years of operations with the theme ‘60 Years of Atmanirbharta’. On display at its stand were the company’s range of Compact, Infra and Mining Equipment

Read more ...

The Honourable Chief Minister of Karnataka, Shri Basavaraj Bommai, and General V K Singh, Honourable Minister of State for Road Transport & Highways & Civil Aviation, Government of India, inaugurated the L&T Pavilion at Excon in the presence

Read more ...

Caterpillar announced the addition of two new products at Excon into its portfolio of integrated solutions: The Cat® 303 CR Mini Excavator and Cat 120 GC Motor Grader, which will help deepen the company’s presence in the infrastructure, mining, and energy

Read more ...

Widening its presence in the high-capacity excavator’s business segment in India, Hyundai India showcased its HX360 and HX380 excavators at Excon. Both excavators were recently launched in 2021. Designed for the quarrying industry, the 36-ton HX360 is precisely

Read more ...

Sany has unveiled 22 new machines at Excon which have been exclusively designed for application in India, keeping the Indian customers’ requirements in mind. The new products come with Sany’s technologically advanced design, ease of operability

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.
Click here to subscribe.