JCB to begin operations at Vadodara unit in Q1 of 2022
The Hindu
Global demand for construction equipment increasing: MD
Despite challenges posed by the pandemic, construction equipment maker JCB said it was ‘confident’ of starting operations at its export-focused manufacturing plant in Vadodara, Gujarat, in the first quarter of 2022, CEO and MD Deepak Shetty said.
The company, for which India is one of the largest markets, is seeing increased demand for construction equipment world over as economies are recovering from the pandemic, he pointed out.
“JCB operates in more than 155 countries around the world and India is one of the largest markets for JCB globally… this is a unique year. Following actions taken by governments of various countries, almost all economies are recovering well. So, we are seeing a great opportunity everywhere, but India continues to remain one of the largest and the biggest markets for JCB,” Mr. Shetty said.
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