<p>"We have geared up for enhancing our product range. We are launching products", JCB India's managing director and CEO Vipin Sondhi said.<br /></p>.<p>The company is launching a product each in the wheel loading, tracked excavator, crane and backhoe loader categories. "The focus is on new products," he said.<br /></p>.<p>After 12-15 months of slowdown in the construction equipment industry since April 2008, things have started looking up in the last four months, Sondhi said.<br /></p>.<p>JCB India had gross revenues of over Rs 3,000 crore in the calendar year 2008 and expects a flat growth this year.<br /></p>.<p>"It (growth) is going to be flat," he said, adding, "But we are encouraged by the fact that in the last four months, growth has started coming back to the industry".<br /></p>.<p>A stimulus package, a government with development- oriented agenda, emphasis on infrastructure growth and stability in commodity prices are the positive triggers for the pullback of the industry, he said.<br /></p>.<p>Sondhi expressed hope that the positive growth seen in recent months would be sustained. "Sentiments are positive. How much this growth will be is anybody's guess". <br /> <br /> </p>.<p>JCB opened its newly extended USD 60 million backhoe loader factory in India in April.<br /></p>.<p>The factory in Ballabgarh, Faridabad, has undergone huge expansion, which has doubled the company's capacity and enabled it to produce 100 backhoes a day in India.<br /></p>.<p>The heavy products factory in Pune produces the JS80, JS140, JS200 and JS210 tracked excavators alongside wheeled loaders and compaction equipment.<br /></p>.<p>JCB in India is a fully-owned arm of JC Bamford Excavators Ltd, UK. It has three manufacturing plants in India, one in Ballabgarh (Haryana) and two in Pune (Maharashtra).<br /></p>.<p> "Capacity utilisation is improving on month-on-month because growth is coming back. We have created capacity to take advantage of this growth," Sondhi said.</p>
<p>"We have geared up for enhancing our product range. We are launching products", JCB India's managing director and CEO Vipin Sondhi said.<br /></p>.<p>The company is launching a product each in the wheel loading, tracked excavator, crane and backhoe loader categories. "The focus is on new products," he said.<br /></p>.<p>After 12-15 months of slowdown in the construction equipment industry since April 2008, things have started looking up in the last four months, Sondhi said.<br /></p>.<p>JCB India had gross revenues of over Rs 3,000 crore in the calendar year 2008 and expects a flat growth this year.<br /></p>.<p>"It (growth) is going to be flat," he said, adding, "But we are encouraged by the fact that in the last four months, growth has started coming back to the industry".<br /></p>.<p>A stimulus package, a government with development- oriented agenda, emphasis on infrastructure growth and stability in commodity prices are the positive triggers for the pullback of the industry, he said.<br /></p>.<p>Sondhi expressed hope that the positive growth seen in recent months would be sustained. "Sentiments are positive. How much this growth will be is anybody's guess". <br /> <br /> </p>.<p>JCB opened its newly extended USD 60 million backhoe loader factory in India in April.<br /></p>.<p>The factory in Ballabgarh, Faridabad, has undergone huge expansion, which has doubled the company's capacity and enabled it to produce 100 backhoes a day in India.<br /></p>.<p>The heavy products factory in Pune produces the JS80, JS140, JS200 and JS210 tracked excavators alongside wheeled loaders and compaction equipment.<br /></p>.<p>JCB in India is a fully-owned arm of JC Bamford Excavators Ltd, UK. It has three manufacturing plants in India, one in Ballabgarh (Haryana) and two in Pune (Maharashtra).<br /></p>.<p> "Capacity utilisation is improving on month-on-month because growth is coming back. We have created capacity to take advantage of this growth," Sondhi said.</p>