Page 41 - CO JAN 2020

POST EXCON 2019
INTERACTION

As the industry is moving towards digitization, Telematics helps the
user take note of the status of each machine owned. This helps
in improving site efficiency and fuel management which is very
important for the customers. We have gone to the next step with
the NXT version. It applies to loaders, excavators, and compactors.
The compactor is now equipped with a
Compaction Meter which is connected to LiveLink through the
internet. It will inform the customer about the status of compaction
along with the weather conditions. The same applies to the wheel
loader.
The new backhoe that we have introduced is equipped with the
feature- Intelli dig. The feature helps the backhoe to keep the
operator well informed about the depth while digging. This helps in
making the machine work efficiently.

Your comments on the current slowdown and the way forward.
Slowdown is there, but we have to stay positive. 2018 was an
exceptional year. If you compare 2019 with 2017, 2019 was the
2nd best year. If you see the CAGR for the last 5 years it’s positive.
Off course the whole industry was in stress because of the elections,
road projects getting delayed, NPA’s etc. The sentiment was low,
but going forward with the government again announcing new
projects, financing schemes, the sentiment is bound to get positive
which will put the CE on a robust growth path.

JCB Ki Khudai was rocking last year, your comments
To tell you franky, JCB ki Khudai was not done by us. We had no
role to play, it was done by the fans and people who love JCB. This
goes to prove that the brand JCB is in everyone’s mind and comes a much longer time.
positively because of our commitment to India for the last 40 years.
We are thankful to our fans. India needs huge infrastructure hence the growth will continue and
we are very positive.
Your future outlook for 2020 How was EXCON 2019 for JCB
Things change quickly and fast. I am very positive about the India The expo has been a good one for us. The first three days brought
growth story. We have invested in more capacity, we are setting up in a lot of rush at our stand and it has been a great customer
a new at Vadodara in Gujarat.
experience and it shows how satisfied the customers are with our
Slowdown will come and go, but we have to look at business over products.

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