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CONSTRUCTION EQUIPMENT
          INTERACTION  With extensive research at our tech centres, we have designed   manufacturing well-researched and excellent products in India for
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                                                               more than 30 years. We have a state-of-the-art manufacturing plant
           well-equipped machines with a host of smart features such as
                                                               in Pithampur where we manufacture our construction equipment
           eagle eye telematics system that assists in real-time monitoring of
                                                               locally. These products are also shipped to over 30 countries,
           the machine’s performance, security, and efficiency.
                                                               including Africa, Southeast Asia, Russia, Sri Lanka, Bhutan, and
           Our manufacturing plant in India, located at Pithampur, Madhya
           Pradesh is a defining factor for its excellent automation process
                                                               At CASE, we are extremely proud that the FX Series of Loader
           and research. The plant is a leading example of the extra-ordinary
           manufacturing services we have been providing for 180 years   countries in the Middle East.
                                                               Backhoes are ‘Made in India – Made for the World’ at our cutting-
           around the world. Further, we plan to continue the research and   edge  manufacturing  facility  in  Madhya  Pradesh,  India.  CASE’s
           development and incorporate the finding in the new machines   Pithampur factory is a bronze-certified WCM facility with automated
           that will be launched soon.                         processes and modern technology that adds to the company’s
                                                               greater productivity, efficiency, and overall output. Our facility
           Which sectors do you for see as the growth areas or demand   at Pithampur, Madhya Pradesh is a testament to the exemplary
           drivers for your equipment?                         manufacturing service we provide which is built on a rich 180-year
           Our  attention will  be drawn  to  the  road  and  highway sectors.   global legacy of innovation and technological prowess. The plant
           The  road  and  highway  construction  industry  is  experiencing   has recently won Platinum & Gold at CII National Level Competitions
           tremendous growth and development, and we eagerly await   in the MURI Category and LCA under KARAKURI Kaizen Category
           the implementation of development plans. The National Highway   respectively.
           Authority of India (NHAI) is moving with a concrete strategy for
           construction operations, and capital investment in the road sector   What kind of government policy will foster the growth of the
           and is predicted to rise by 18%. The government has approved   construction equipment sector?
           a large budget allocation of `111 lakh crore under the National   With the government’s plan to invest in the development of India’s
           Infrastructure Pipeline for the fiscal year 2019-25. The government   infrastructure, the construction equipment sector is potentially
           intends to build 65,000 kilometres of national roadways. In addition,   looking at growth and prosperity in the future. We are excited to
           the latest Gati Shakti Plan is a master plan aimed at developing   see the government’s new plans with respect to the infrastructure
           infrastructure in order to reduce logical expenses and stimulate   projects for the roads and highways sector this year. For instance,
           economic growth.                                    the government announced `100 lakh crore investment for the
           The usage of technology and automation in the road-building   multi-modal connectivity in October 2021. This budget is allocated
           business may rise. For efficiency and safety, such bigger projects   to develop infrastructure for lowering logistics costs and improving
           will need sophisticated, high-quality machinery. These new highway   the economy. Further, there are similar expectations from the Union
           projects across the country are some of the most important   budget 2022 where heavy budget allocations for infrastructure
           demand generators for high-quality equipment.       may be seen. Such investments can help drive growth of the
           Also, with the Union Budget 2022, we foresee huge investments in   construction equipment sector
           the infrastructure sector which will be beneficial for the CE Industry.
                                                               Future outlook for the industry and from a company perspective
           What are the trends driving purchase or hire of construction   The industry aims to thrive even with the onset of Omicron in
           equipment market in India? To what extent is consumer behaviour   early 2022. There is constant development in the sector in terms
           influenced by cost?                                 of technology, customer preference and buying behaviour.
           Often, the purchase decision is influenced by the convenience   Manufacturers would be required to match rising customer demand
           at which funding may be arranged. CASE is pleased to have an   for more modern technologies. While the digitization of industrial
           in-house retail financing company in the form of CNHi Capital,   equipment will make conducting business easier, automation and
           which allows us to provide a variety of easy lending solutions to   cutting-edge technology will increase the quality and safety of
           our consumers.                                      production equipment. When it comes to acquiring equipment,
           Besides, consumers are demanding more fuel-efficient,   prospective consumers pay a premium on safety. The government
           technologically upgraded equipment  for various construction   has established stringent safety regulations for usage of construction
           activities. The players in the industry are working on incorporating the   equipment. As a result, in response to consumer expectations and
           latest technology that not only offers the best to the customers but   feedback, equipment is being created with features that give
           also overcomes environmental problems. Along with the demand   improved safety and security.
           for upgraded products, new government infrastructure projects are   At CASE, we intend to develop new equipment with modern
           surging demand for construction equipment.          technology that will include new features. In 2022, we want
                                                               to increase our market share in India by continuing to supply
           Tell us about the indigenisation efforts undertaken by the company   equipment that improves the productivity and efficiency of field
           to meet the market requirements? What is the company’s   operators. There are excellent opportunities in the infrastructure and
           approach to implementing the ‘Make in India’ drive?  construction sectors, which will help the organization reach some
           CASE has been taking initiatives in the ‘Make in India’ campaign by   of its objectives.


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