Leading Manufacturing Companies – JCB India
The Indian Construction Equipment (ICE) industry, after a four year downturn from 2012-13, has revived to earlier levels in 2016-17, and this growth has been primarily driven by the roads and highways sector.
In keeping with this, 2017 was a positive year for JCB India as they crossed their previous best high of 2011.
Announcement and implementation of big ticket infrastructure projects led to a favourable increase in the demand of large scale machinery, particularly in the road construction sector. To fully leverage this opportunity, JCB introduced a wide range of innovative and intelligent road construction machines.
“We are hopeful that 2018 will be an exciting year for the ICE industry as the Government has announced many large-scale infrastructure projects such as Sagarmala, Bharatmala, Jal Marg Vikas, Smart Cities and AMRUT housing, which, once implemented, will create a demand for construction equipment. Additionally, expressways, diamond quadrilateral, dedicated fleet corridors and river linkages have also been mobilised across the country. Thus, we seem to be well set to accelerate and leverage the opportunities available today,” states Sondhi.