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SPOTLIGHT COVER STORY

BHARAT KA JCB

JCB India Limited is a Investment in Infrastructure and Sales of to lower demand in the year’s first quarter.
leading manufacturer Equipment However, with the government’s increased
of earthmoving and The Union Budget 2022-23 continues to give focus on the infrastructure sector, the cooling
construction equipment in a strong push to infrastructure development off of commodity and fuel prices, and the
resumption of supply chains, we are seeing a
by increasing the capital investment outlay by
India. It started as a joint 33% to Rs 10 lakh crore, almost three times the steady rise in sales for construction equipment.
venture in 1979 and is a outlay in 2019-20. This will create demand for Current trends indicate that the increase in the
fully owned subsidiary of construction equipment and create jobs, apart sale of machines with continue through this
J.C Bamford Excavators from removing the infrastructure bottlenecks. year. It is predicted that the industry will see a
UK. An embodiment of the This budget lays foundation for India’s growth of 15-20%.
development path to become a $5 trillion
vision of an Atmanirbhar economy. Continuing provision of 50-year Demand for JCB equipment for government-
Bharat, JCB has Six state- interest free loan to state governments for one led infrastructure projects
of-the-art factories in India more year will spur investment in infrastructure. “For over four decades JCB has remained
at Ballabgarh, Jaipur, Pune Supporting Urban Infrastructure and the move committed to the India growth story. From
and Vadodara (Halol). It to prioritise 100 critical transport infrastructure introducing the Backhoe Loaders in India in
also has a design centre projects, for last and first mile connectivity for 1979, to the global manufacturing force the
ports, coal, steel, fertilizer, and food grains
company has become today, JCB India has
at Pune which works on sectors is also a great step towards growth. been making the nation and its communities
Domestic as well as Global For this, the investment of Rs 75,000 crore, stronger every day. With six state-of-the-art
projects. All factories including Rs 15,000 crore from private sources, factories in India, it manufactures a wide
operate to ‘One Global will further create demand for construction range of world-class equipment, not only for
Quality’, and JCB’s ‘Made and create jobs, apart from removing the India, but for over 125 countries. Driven by
in India’ products are infrastructure bottlenecks. While focusing on the constant innovation, revolutionary products,
being used in over 125 short - term the Government has also looked and adherence to global quality standards,
JCB has sold over 3,50,000 machines -
at the long term by laying out the vision on
countries. Green Hydrogen and setting a target of 30 furthering the ‘Make in India’ initiative and
mmt by 2030. We look forward to partner with steering millions towards empowerment. India
the Government’s exciting journey to make is today not only an important market for JCB
India the growth engine of the world. but is also the global manufacturing hub for
There has been a direct correlation between the Group. Our focus
infrastructure development and equipment on One Global Quality
sales in the past. Last yea,r we witnessed a has led JCB to explore
slow beginning in terms of equipment sales. Global markets on such
This was due to a few reasons : the Russia- a large scale.” says
Ukraine conflict disrupted supply chains, and Deepak Shetty, CEO &
a steep increase in commodity prices led MD, JCB India Ltd.

30 CONSTRUCTION OPPORTUNITIES|FEBRUARY 2023