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We expect to see a growth of 10-12percent
The year 2016 has been positive for the earthmoving and construction equipment (ECE) industry - primarily owing to the growth in the roads and highways sector. The CE industry has overall grown by 45 per cent in the months of January to October in 2016 as compared with the same period in 2015.
Now the government?s immediate focus will be to ensure that growth is sustained as that will set the pace for the coming years. Sectors such as railway, irrigation, urban rejuvenation and power offer immense growth potential that can be tapped.
The long term sustained growth will largely depend on how the infrastructure industry evolves. We are however quite hopeful that sustained growth with lead to demand in the ECE sector. As the economy would further stabilise, we expect to see a growth of 10-12 per cent in the coming years.
At Bauma
JCB will present an exciting line up of its earthmoving, construction and material handling range. Visitors will experience machines exhibiting performance with world-class design and quality during the event.
The recently launched JCB 30Plus, the 3T mini excavator will be displayed for the first time during the show. Our tracked excavator portfolio and road compaction range will also have some exciting additions in the range.
We will also exhibit the latest 5.5T payload wheeled loader known as the JCB 455ZX. This new machine has already gained popularity in the market. The Made in India range of telehandlers, skid steer loaders and super loaders will also be showcased. Thus, JCB will exhibit its entire range of Made in India machines at the show.
Expectations
We are extremely delighted to be a part of the Bauma Conexpo India 2016. The exhibition presents an excellent platform to OEMs to present their latest technological innovations and products. It enables us to showcase our Made in India machines live in action exhibiting performance with world-class design and quality.