We are very excited to share with you the latest developments at JCB India. As you
know, 2013 was a challenging year for the Indian Construction Equipment Sector.
Various reforms were introduced by our Government but implementation of these reforms
is yet to be seen at the ground level. However, JCB India has seen growth in the
market shares across all product categories. A big congratulation to Team JCB! On
the company front, 2013 was an action packed year with multiple big ticket activities.
On 03rd May 2013, then Hon’ble Chief Minister of Rajasthan, Shri Ashok Gehlot and
JCB Group CEO, Mr. Alan Blake laid the foundation stone at JCB’s upcoming plant
in Jaipur. In July 2013, JCB launched the game changing Excavator - JS205LC. JCB
also launched a new variant of the 3DX Backhoe Loader – 3DXcellence and new variants
of the 2DX Backhoe Loader (A 2DX with cabin and a 2DX with high dump bucket).
Other than that, JCB was the biggest exhibitor at Excon 2013 - South Asia’s largest
Construction Equipment exhibition. JCB unveiled 19 new machines across product categories
– largest product launch by any Construction Equipment manufacturer in India. You
will find more details about the event in the pages inside.
JCB has continued to expand its reach in neighboring parts of India. Currently,
we have our dealers present in Nepal (Morang Auto Works), Bhutan (Ugen Earthmovers),
Bangladesh (Energy Pac) and Sri Lanka (Senok Trade and Swedish Trading). We ended
the year with 575+ outlets and 59 dealers thus reinforcing our commitment to provide
best coverage and support to our customers.
Overall, it was an exciting year for JCB India.
This year’s outlook for the economy seems to be favourable. We expect the Construction
Equipment sector to grow in the second half of 2014. As a company, our main objective
is to maintain our leadership position in the market through establishing the best
distribution network, by designing and introducing many more India centric products
and above all, by providing unparalleled service to our customers.
So as we prepare for 2014, let’s all gear up to further capitalise on our strengths
to deliver the best.
MD & CEO, JCB India Limited