JKIPL Wins USD 5 Million Repeat Order for HexL Backhoe Loaders
The order, valued at USD 5 million (around Rs 420 million), marks a significant milestone for JKIPL’s HexL brand, which has quickly grown into a globally recognised name in the construction equipment sector. The contract will be executed over three years, with quarterly price alignments in line with market conditions.
The development highlights JKIPL’s strengthening role in India’s manufacturing and export-led growth, supported by its expanding distribution network and rising demand for efficient, cost-effective and environmentally responsible construction machinery worldwide. As infrastructure modernisation accelerates across global markets, the order provides JKIPL with a scalable foothold and enhances prospects for future export expansion.
The repeat order also reflects JKIPL’s capability to deliver world-class, customised equipment, reinforcing its competitiveness against established OEMs. Consistent product reliability, engineering innovation and responsive after-sales service have helped position HexL as a credible global brand.
Chairman and Managing Director Anil Kumar Jain said: “This repeat export order from a long-standing North American customer is a strong validation of our in-house HexL brand and its global acceptance. The USD 5 million order for 100 HexL 420X Backhoe Loaders strengthens customer confidence in our engineering standards and enhances our export order book.
This development aligns with JKIPL’s strategy of scaling the HexL brand and expanding its international footprint. With rising global demand for cost-efficient construction equipment, we remain committed to sustainable, export-led growth driven by innovation, quality and trust.”