The Rs 1,000-crore JCB India Ltd in 2004 sold 5,450 machines-construction equipment such as backhoe loaders,shovels,tracked excavators and skid steer loaders.This is substantially more than the 3,500-odd units it sold the previous year.The company,a wholly owned subsidiary of JC Bamford Excavators Ltd of UK, follows a January December financial year.According to company officials,about 60% of the construction equipment market is for backhoe loaders,machines that have a digging contrivance at one end and a loader at the other.JCB India has a 80 percent share in this market. |
