Tata Hitachi to prioritise localisation in FY25
Equipment

Tata Hitachi to prioritise localisation in FY25

Tata Hitachi Construction Machinery announced a Rs 200 crore investment in its manufacturing facilities to enhance quality, innovation, and localisation. The company, a joint venture between Tata and Japan's Hitachi, aims to increase localisation levels to 70% within the next two to three years, according to Managing Director Sandeep Singh.

The investment will bolster operations at Tata Hitachi's plants in Kharagpur, West Bengal, and Dharwad, Karnataka. This initiative underscores their commitment to innovation and achieving self-reliance (Atmanirbharta) in manufacturing. Singh highlighted plans to introduce 60-tonne dump trucks in India, leveraging technology from Hitachi Canada for the mining sector.

"With a cumulative capital expenditure of Rs 2,000 crore, including our Kharagpur plant, which is Southeast Asia's largest excavator facility, we are positioning ourselves for sustained growth and technological leadership," Singh noted.

Celebrating 40 years of partnership between Tata and Hitachi, Singh emphasized that localization remains crucial for cost efficiency. Despite challenges from Chinese imports, the company aims for an 8% revenue growth, building on last fiscal year's revenue of approximately Rs 5,000 crore, with plants operating at 75-80% capacity.

Singh expressed optimism regarding the Union budget's potential to boost infrastructure development, which is expected to drive demand for construction equipment in the latter half of the year.

Tata Hitachi Construction Machinery announced a Rs 200 crore investment in its manufacturing facilities to enhance quality, innovation, and localisation. The company, a joint venture between Tata and Japan's Hitachi, aims to increase localisation levels to 70% within the next two to three years, according to Managing Director Sandeep Singh.The investment will bolster operations at Tata Hitachi's plants in Kharagpur, West Bengal, and Dharwad, Karnataka. This initiative underscores their commitment to innovation and achieving self-reliance (Atmanirbharta) in manufacturing. Singh highlighted plans to introduce 60-tonne dump trucks in India, leveraging technology from Hitachi Canada for the mining sector.With a cumulative capital expenditure of Rs 2,000 crore, including our Kharagpur plant, which is Southeast Asia's largest excavator facility, we are positioning ourselves for sustained growth and technological leadership, Singh noted.Celebrating 40 years of partnership between Tata and Hitachi, Singh emphasized that localization remains crucial for cost efficiency. Despite challenges from Chinese imports, the company aims for an 8% revenue growth, building on last fiscal year's revenue of approximately Rs 5,000 crore, with plants operating at 75-80% capacity.Singh expressed optimism regarding the Union budget's potential to boost infrastructure development, which is expected to drive demand for construction equipment in the latter half of the year.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?