The Indian construction equipment industry has demonstrated commendable resilience in 2024-25 registering a modest three per cent growth and achieving a new milestone of 1,40,000 units sold, V Vivekanand, President, ICEMA who is also Managing Director of Caterpillar India Pvt Ltd, said in a recent report.
When asked to comment on the performance of JCB India, he said that last year was a record year for the company. The company is exporting its machines to around 130 countries across the world. Last year the company exported more than 10,000 machines to America.
Jaideep Shekhar who is Convener, ICEMA Industry Analysis and Insights Panel said that the industry experienced an almost flat growth, aligning with expectations due to general elections and the implementation of new emission norms.
JCB India Ltd is a leading manufacturer of earthmoving and construction equipment in India. The company started as a joint venture in 1979 and is now a fully-owned subsidiary of J C Bamford Excavators, United Kingdom.
With five factories in India, JCB manufactures a wide range of world-class equipment in India for the domestic market as well as for exports to more than 125 countries.