JCB achieves milestone by releasing its 100,000th machine
JCB India Ltd has achieved a new landmark by producing and selling its 100,000th machine in . JCB India is India’s largest manufacturer of construction equipment and offers 21 different machines in seven product types such as Backhoe Loaders, Loading Shovels, Tracked Excavators, Compactors, Telehandlers, Skid Steer Loaders and Pick and Carry crane.
The 100,000th machine was unveiled by Minister for Road Transport & Highways Kamal Nath and British Secretary of State for Business, Innovation and Skills Dr Vince Cable.
Sharing his views on the occasion, Nath said, “To do justice to the focus India is putting on building roads, we need to make greater use of latest technology and I’m pleased to know that JCB is doing just that by bringing in innovation and improved technology”.
Business Secretary Dr Vince Cable said, “From its base in the ’s industrial heartland, JCB has expanded and invested around the world and is creating jobs and employment globally. As develops its infrastructure, the potential for further cooperation is enormous. I wish the company every success in the future.”
Sondhi expressed his delight at JCB India being the first manufacturer in to produce and sell 100,000 machines and helping to meet its ambitious infrastructure development plan.
He informed that JCB in expanded its facility in Ballabhgarh in April last year to make it the largest Backhoe Loader facility in world. JCB today is the market leader in construction equipment sector in with over 50 per cent market share.
He added, “The backhoe loader will continue to be our flagship product in . However, there is a focus on complete range of earthmoving and construction equipment that includes excavators, wheel loaders and compaction equipment. JCB’s over Rs.750 crore investments in its Pune plants and Ballabhgarh, positions us very well to take advantage of the ever growing demand for construction equipment in .”
In addition to this, JCB has already invested in some of the largest and best Parts, Warehouse and Training centers. He further added that JCB will continue to introduce better technology and centric products.
JCB India holds a leading position in and it is the market leader in the Backhoe Loader segment. Showing its commitment to the Indian market, JCB India is also gaining strength in the Tracked Excavator, Compaction equipment and the Wheeled Loading Shovel segment all over .
Tarun Das, former Chief Mentor, CII and President, Aspen Institute India, Vipin Sondhi, MD & CEO, JCB India Ltd and other senior JCB executives were present on the occasion.