- JCB India, a subsidiary of J.C. Bamford Excavators Limited universally known as JCB, with headquarters in Staffordshire, England, increased its revenue from $880 million in 2014 to over $1.2 billion at the end of 2017. The largest manufacturer of construction equipment in the country, JCB India’s business was boosted by the federal government’s focus on building infrastructure across the country.
The India business, which started operations in 1979, has five manufacturing facilities in three locations — the National Capital Region near New Delhi, Pune in the state of Maharashtra, and Jaipur in the state of Rajasthan. Anthony Bamford, chairman, JCB, said that each year since 2014 JCB India has been doing better.
Graeme MacDonald, chief executive officer, JCB Group, India said, “We have major investment and expansion plans in India and in the last four years it has certainly been better and easier to do business in India.” Vipin Sondhi, managing director and chief executive officer, JCB India said, “…we are getting a lot of foreign investment. We have the largest product range (50 products) in India which are made to one global quality.”
The road construction sector is projected to grow by 10-12% this year due to the government’s plans to improve infrastructure in India.
