JCB to export 45% of its equipment manufactured in India
JC Bamford (JCB) Excavators, the world’s largest producer of backhoe loaders and telescopic handlers— the construction machines used for excavating and heavy materials lifting jobs, amongst different equipment, plans to export 45% construction equipment machines the company produces in India. The firm is also keen to take a look at its newly developed hydrogen combustion engine—a primary for a construction equipment agency globally, in India- its largest market outdoors Europe, and also interested to make electrolysers, – a unit inside which water is break up into hydrogen and oxygen utilizing electrical energy for producing hydrogen for testing its zero-emission backhoe loaders. To be produced for captive consumption, it plans to begin manufacturing of the electrolysers in the following 18 months at its UK facility. Subsequently, it can even be produced in India. JCB Chairman Lord Bamford informed that the company is investing in India all the time— more than other parts of the world.