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We plan to exhibit our new Smart+Excavators

Rajiv Chaturvedi, Vice President – Sales and Marketing, After sales and Parts, Hyundai Construction Equipment India

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.

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.

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

L&T awarded contract for water effluent treatment biz

L&T Construction has secured a significant order for its water and effluent treatment business in India

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.

The growth of mini excavators will be much faster

Tata Hitachi pioneered the mini excavator market by introducing the first indigenously developed 2T TMX20, way back in the 1990s. Rahul Shorey, Head Sales – Construction, Tata Hitachi Construction Machinery Co, shares more on the market trends.

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