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       JCB believes that such focused investment in rural infrastructure   JCB INDIA INAUGURATES A NEW FACILITY OF ITS
       will have a lasting social and economic impact, empowering   DEALER, CACULO EARTHMOVERS IN NORTH GOA
       villages, and strengthening supply chains, while laying the   JCB India recently  announced the inauguration of a new facility  EQUIPMENT
       foundation for more balanced and inclusive growth across the   of its dealer, Caculo Earthmovers in Karaswada, North Goa,
       country.                                            further strengthening its presence in the state.
       Commenting on the development,  Deepak  Shetty, CEO   The facility will offer JCB India’s full product portfolio, backed by
       and Managing Director, JCB India, said, “Rural roads shape   robust Sales, Service, and Parts support for Customers across
       daily outcomes. They decide how quickly help arrives in an   the region.
       emergency and how livelihoods take root Programmes like   This milestone strengthens JCB’s commitment to expand and
       PMGSY have a tangible impact on everyday life in rural India.   serve its Customers in North Goa, in addition to its existing facility
       Better road infrastructure also helps connect rural populations   in Verna. Spread across 14,000 sq. ft., the integrated facility offers
       more effectively with urban facilities, services, and opportunities.   end-to-end customer support with dedicated engagement
       Strengthening these connections helps reduce on-ground   spaces, advanced service bays, and a fully stocked parts
       inefficiencies, including losses in perishable goods, while   warehouse. Caculo Earthmovers, which employs nearly 60
       creating more stable economic opportunities for underserved   people across its facilities, brings decades of expertise and
       regions. As India advances towards its Viksit Bharat vision, JCB   trust to the region. It has played a pivotal role in enabling Goa’s
       welcomes the extension of PMGSY-III and stands firmly with the   infrastructure growth, making it a cornerstone partner in JCB’s
       Government in strengthening last-mile connectivity to drive   journey in the state.
       inclusive and sustainable growth.”                  Speaking at the inauguration, Deepak Shetty, CEO & Managing
                                                           Director, JCB India, said, “Goa is witnessing steady infrastructure
              DOMESTIC SLOWDOWN DRAGS INDIA’S              development driven by growth in tourism, urban expansion, and
       CONSTRUCTION EQUIPMENT SALES DOWN 2% IN FY26:       enhanced connectivity. As demand for Construction Equipment
                             ICEMA                         continues to grow across the region, we are delighted to
       India’s construction equipment industry recorded a marginal 2   inaugurate Caculo Earthmovers’ second facility here in North
       percent decline in total sales in FY 2025–26 as slower infrastructure   Goa. The launch of the new facility reflects our commitment to
       execution weighed on domestic demand, according to the   offer state of the art equipment and support to our Customers
       latest report by the Indian Construction Equipment Manufacturers’   in Goa.
       Association (ICEMA).                                He further added, ‘’JCB India has wide product portfolio that
       Total equipment sales declined to 1,36,995 units in FY26 from   includes  Backhoe  Loaders,  Tracked  Excavators,  Wheeled
       1,40,191 units in FY25. Domestic demand fell nearly 7 percent   Loaders, Compactors, Telehandlers, Mini Excavators and Skid
       across most categories, while exports surged  32 percent,   Steers. Additionally, the new Agrimax, Diesel Gensets; and Access
       reaching record levels.                             Platforms further give more options to our Customers for their
       India remains the world’s third-largest construction equipment   equipment related needs.’’
       market, valued at USD 10 billion in FY25 and projected to reach   JCB India is a leading manufacturer of earthmoving and
       USD 14.76 billion by 2030.                          construction equipment in India and is an embodiment of the
                                                           Make in India program.
       Domestic Demand Slips Amid Project Delays           With six state-of-the-art factories in India, the company
       ICEMA President Deepak  Shetty said  the slowdown  reflects   manufactures a wide range of world-class equipment in India
       execution delays rather than structural weakness, citing slower   for the domestic market as well as for exports to more than 135
       project awards, land acquisition hurdles and delayed payments   countries. JCB’s factories in India are also amongst the most
       to contractors.                                     gender diverse, with 34% women on the shopfloor in Jaipur; and
       Earthmoving equipment continued to dominate with a 71   52% in Vadodara.
       percent market share at 97,236 units, down 2 percent year-on-  JCB India has a network of more than 64 dealers and 700
       year. Material handling equipment fell 10 percent to 15,290 units,   outlets spread throughout India, which further employs about
       while road construction equipment grew 6.3 percent to 7,445   8,000 professionally trained personnel. Given the investments
       units.                                              allocated by both state and central governments for building
       ICEMA said domestic demand was also impacted by slower   urban and rural infrastructure, JCB takes pride in contributing
       implementation of the Jal Jeevan Mission, rising input costs and   to nation-building with its strong India-centric product portfolio
       the rollout of CEV Stage V emission norms.          The new facility has been developed in line with JCB India’s
                                                           corporate identity guidelines and features standardized systems
       Exports Surge Despite Weak Domestic Market          and processes.
       Exports remained the biggest bright spot, driven by improving    It houses a fully operational LiveLink command center, an
       product quality, competitive pricing and stronger manufacturing   advanced telematics solution, providing real-time insights into
       capabilities.                                       the service, operations and security of JCB machines, enabling
       The industry expects demand recovery as infrastructure execution   24x7 fleet management support.
       improves, supported by higher public capex and incentives   JCB India strengthens Karnataka presence with Trident JCB
       announced in the Union Budget 2026–27.              dealership in Kolar


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