Construction equipment industry to grow in H2 of 2022: JCB India

18 May 2022 CW Team

CEO and Managing Director of JCB India, Deepak Shetty, told the media that the construction equipment business will grow in the second half (H2) of 2022 and will place the industry back to the pre-covid times.

JCB, which recently inaugurated a Rs 1,000 crore facility in Vadodara, and told the media that it would continue to innovate, invest in innovation and alternate fuel.

In 2021, the company launched many new products and planned to launch fuel-efficient machines to reduce the burden of inflationary challenges.

CEO and Managing Director of JCB India, Deepak Shetty, said that in the last five years, the company might have improved fuel efficiency by 25%. The company aims to provide better fuel efficiency and reduce maintenance costs to reduce the overall cost of ownership of the product.

He said that the new facility in Vadodara would provide employment to around 1,200 people, and half of them would be women. JCB has six factories in India, and 34% of its employees in Jaipur are female.

The construction equipment industry has faced challenges, particularly due to the Covid-19 pandemic, as the construction equipment industry declined by 8%.

He said that the company is exporting to over 110 countries from India. In 2021, its exports grew by nearly 300% despite a little slowdown in the market, which the company was able to supply. The company exports products to South Asia, Latin America and Africa. It is exporting from India to the US, Europe and Australia.

Shetty said that JCB LiveLink, an Internet of Things (IoT)-based technology, over 2 lakh machines are connected to it.

Image Source

Also read: UK PM Johnson inaugurates JCB manufacturing unit at Vadodra

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..