ACI Motors plans expansion by venturing into the construction equipment sector. A unit of business conglomerate Advanced Chemical Industries, the company will market and distribute construction equipment of US-based Case Construction Equipment India in Bangladesh.
Abhijit Gupta, Head, CASE Construction Equipment India has been newly appointed to lead the organisation in India. He has over 25 years of experience in supplier relations, new product component development, product cost management, supplier quality and supply chain management
Demand for earthmoving machines is poised to grow and shift from backhoe loaders toward new bestsellers. The Indian construction equipment industry, currently worth $2.8 billion, is expected to grow to $5 billion by 2019-20, according to the Indian Construction Equipment Manufacturers' Association (ICEMA).