Wednesday, November 25, 2009

JCB eyes 10-15% sales growth in 2010

Construction equipment manufacturer JCB India is eyeing a 10-15 per cent increase in its sales next year on the back of the global economic revival and a huge pipeline of big-ticket infrastructure projects being in the offing.

"The economy is reviving...Sectors such as real estate and power are picking up. We expect a 10-15 per cent jump in our sales in CY'2010," JCB India's Associate Vice-President (Marketing) Amit Gossain told PTI here today.

The company has a target of over 12,000 machine sales by December 31 this year, Gossain said, adding this may go up by another 130-180 machines in the next calender year.

JCB India, a fully-owned subsidiary of the UK-based JC Bamford Excavators, manufactures products such as tracked excavators, wheel loaders, backhoe loaders, vibratory compactors, telehandlers, skid steers and soil componators.

The company, which did not show a good performance in the last quarter due to the global downturn, is expecting to clock a healthy profit in the next quarter.

However, Gossain did not divulge the amount of profit the company expects to clock.

The company has three plants in India (one in Haryana and two in Pune). It has 48 dealers and over 320 outlets pan-India.

To read more, please, visit Business Standard

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