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Tata Hitachi Launches Cutting-Edge Machines at Bharat CE Expo
Tata Hitachi’s pavilion will also highlight advanced telematics solutions
Tata Hitachi showcases ZAXIS 38U and SHINRAI Prime at RAHSTA Expo
India’s leading manufacturer of earthmoving and construction equipment, JCB India, launched its JCB NXT 215 LC Fuel Master tracked excavator at its state-of-the-art factory in Pune. In addition to its introduction to the domestic market, the machine will also be exported to countries around the world.
Tata Hitachi showcases ZAXIS 38U and SHINRAI Prime at RAHSTA Expo
The ZAXIS 38U is a compact and versatile mini excavator
Integration of technology is becoming increasingly important
Siddharth Chaturvedi, General Manager – Marketing, Tata Hitachi, speaks on the key features and benefits of their backhoe loaders.
The Indian CE industry crossed 1,00,000-unit sales in 2022-2023
Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery, speaks on the growing market for construction equipment in India.
Fuelling the future
Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.
BKR Prasad: We expect the industry to post double-digit growth
BKR Prasad of Tata Hitachi speaks on the key products on display during bauma.
We are keen to showcase our readiness in building the India of tomorrow
BKR Prasad, Head – Marketing & Product Development, Tata Hitachi Construction Machinery, speaks on the key products on display during bauma CONEXPO.
On track: double-digit growth
Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.
Opportunities for 45t class excavators are immense
Rahul Shorey National Head – Construction, Tata Hitachi Construction Machinery Company.
Narrowing of price levels between excavators & backhoes is expected to have an impact on volumes
The Indian backhoe loader market had been growing year-on-year for four straight years till 2018-19. It grew with a CAGR of more than 20 per cent per year, peaking in 2018-19. In 2019-20 the market shrunk by 20 per cent due to factors such as elections and constrained liquidity post the ILFS crisis.
Tech Drives Backhoes
Backhoe loader manufacturers are leveraging digital technology by integrating Big Data and the Internet of Things in their models.
Increased footfall of customers boosts the confidence of the OEMs
A JV between Tata Motors (40 per cent) and Hitachi Construction Machinery Company (60 per cent), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
Pioneering Growth
Traditionally known for aerospace, engineering and IT, Bengaluru is fast emerging as a construction equipment (CE) hub in India with major players expanding their base in the city.
We aim to achieve 10 per cent market share in wheel loaders
While Tata Hitachi is maintaining itself as the market leader in excavators in India, the company is aiming to have a decent market share in wheeled equipment segment also. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Co, shares more about the market and the company's plans.
We will take small steps to build ourselves
When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.